Local towing equipment trade supplier

Tow and recovery companies, garages, body shops, fleet operators and farms in your region.

Mark-up on stocked items, trade account sales with regular reorders, and some fitting advice or simple repair parts. Quick availability is the main selling point.

• Knowledge of towing and recovery equipment
• Sales and building trade relationships
• Stock control and ordering
• Handling heavy goods safely

• Commercial general liability and product liability insurance, plus coverage for stock and premises
• Check municipal zoning and business licence rules for retail or trade use of your unit
• WCB/WSIB coverage rules apply once you hire staff, check your province
• Accurate working load limits and safe advice, a wrong recommendation can cause serious harm
• Stock is expensive to hold, so start with fast-moving items and avoid over-ordering
• Collect and remit GST/HST and check provincial sales tax rules

Startup costs are typically estimated at around $25,000 to $80,000, depending on your unit, trade counter fit-out and opening stock. Stock is expensive to hold, so starting with fast-moving items helps avoid over-ordering.

Estimated monthly revenue is typically around $8,000 to $35,000, depending on your local trade accounts, product range and stock levels. This is revenue rather than profit, so rent, stock and wages come out of it.

Check municipal zoning and business licence rules for retail or trade use of your unit. Also check insurance such as commercial general liability and product liability, WCB/WSIB coverage when you hire, accurate working load limits, and GST/HST and provincial sales tax.