West & North Texas · Texas

Breckenridge business brokers and M&A advisors

MDR & Associates gives Breckenridge owners what most business brokers in small Texas towns cannot: a full sell-side process with a financial recast, a confidential marketing package and competing offers. Breckenridge is the Stephens County seat, a town of 5,187 that jumped from about 1,000 people to 5,000 in under five years when oil came in during the early 1920s.

From Picketville to an oil town of the 1920s

The settlement began in 1854 as Picketville and took the name Breckenridge in 1876. It was a stop on the Wichita Falls and Southern Railroad, a line later run by the Chicago, Rock Island and Pacific until 1969. The oil boom of the early 1920s made Breckenridge a major producer almost overnight. More recently the town rebuilt after three tornadoes struck it on a single April day in 2008.

Today the city has its own school district and a campus of the Texas State Technical College System. For a buyer weighing a technical or industrial company here, a training campus in town is a practical point: it bears directly on whether the next owner can hire and replace skilled people.

Breckenridge at a glance

  • CountyStephens County (county seat)
  • Metro areaWest Central Texas
  • Companies we sell$3M–$100M
  • Typical transaction3–9 months
  • Fee if we do not closeNone
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Getting a Stephens County company ready for outside buyers

Buyers of a Breckenridge company will almost certainly come from outside Stephens County, and they cannot rely on local reputation. They rely on documents. That means financial statements that tie to your tax returns, a list of equipment with its condition, the terms of any leases and a clear account of who your customers are. If one or two customers account for most of your revenue, a buyer will want to understand those relationships in detail.

Owners of oilfield-related and industrial companies should expect questions about the cycle and about equipment. Our work with Texas manufacturing and industrial companies has taught us to answer both with numbers: several years of recast earnings, capital spending history and the share of work that repeats. When those answers are ready at the start, due diligence moves faster and fewer deals fall apart late.

What we do, and where we meet

We are a boutique firm headquartered in Frisco, and we take on a limited number of engagements at a time. An advisor comes out to meet Breckenridge owners at the business or wherever is discreet, looks at three years of financials and gives you a value range for free. The whole method is set out on our sell your business page, and the West and North Texas region page explains where our buyers for Stephens County and its neighbors come from.

The process

How a Breckenridge sale runs

Ten steps in four stages, typically three to nine months. Click any step to see it in full.

Questions owners in Breckenridge ask

My Breckenridge company depends on a few large customers. Can I still sell it?

Yes, but the structure may change. Buyers may ask for part of the price to be tied to those customers staying, or want to meet them before closing. Long relationships, written agreements and new customers already in progress all help. We lay those facts out early so concentration shapes the terms, not the outcome.

How long does it take to hear what my Stephens County company might be worth?

Once we have three years of financial statements and tax returns, we can meet and give you a low-to-high opinion of value, usually within a short time. It is free and confidential, and there is no obligation to go further if the number or the timing does not suit you.

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