Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast

#186 Turning Tow Trucks Into Business Success

8 snips
Apr 15, 2025
Matthew Saskin, owner of East Coast Towing and a tech-savvy entrepreneur, takes listeners on a captivating journey through the towing industry. He discusses the leap from technology to towing, emphasizing the importance of consensual towing. Learn how AI is transforming call centers and aiding business operations. Matthew also shares strategies for scaling his towing business through acquisitions and valuations, the distinctions between towing types, and optimizing fleet efficiency. A treasure trove of insights for anyone in the service industry!
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ANECDOTE

From Tech to Towing

  • Matt Saskin, with a tech background, bought a towing business in Raleigh.
  • He attended a smaller, specialized towing conference, finding it more valuable than larger trade shows.
INSIGHT

Industry Selection

  • Matt Saskin avoided the home services industry in Raleigh due to market saturation and competition.
  • He targeted larger businesses (around $1M EBITDA) that he could acquire without external investors.
INSIGHT

Towing Business Simplicity

  • Towing is a simple business at its core: cars break down, and accidents happen.
  • The challenge lies in scaling and growth, not understanding operations.
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