Closed transaction · August 2011 and March 2017

RV Dallas

MDR & Associates took RV Dallas through to closing twice: in August 2011, and again in March 2017.

RV Dallas logo

The transaction

  • ClosedAugust 2011 and March 2017
  • SectorBusiness & consumer services
  • LocationProsper, Texas
  • BuyerStrategic buyer, twice
  • Represented byMDR & Associates

The sale

How it ran

RV Dallas appears twice in our record. We first sold it in 2010 to Scott Watson, a former senior executive with the FASTSIGNS franchise, who grew it into one of the largest independent luxury RV rental businesses in Texas, with a fleet of 23 high-end motorhomes for daily or weekly rental.

In 2017 we sold it again, to the owner of the RV storage facility next door. Our seller had rented space from him for seven years, and he had watched the business grow year over year. The deal closed at speed for exactly that reason.

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What decided the price

What buyers look at in a service business

Recurring and contracted revenue

The strongest single driver. Revenue under contract, on a schedule, or under a maintenance agreement is worth a multiple of the same revenue sold ad hoc.

Owner dependence

If customers buy because of you, the buyer is not buying a business. Reducing this is the highest-return work available before a sale.

Customer retention and length

Churn and average tenure tell a buyer what they are really acquiring. Have the numbers ready before they ask.

The full list, and who the buyers are: Selling a service business in Texas.

Your company

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