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Showing posts from August, 2026

What Is a Vacation Rental Management Company Really Worth in 2026?

  For vacation rental management company owners considering an exit, one of the most common questions is simple: “What is my business actually worth?” The answer is more nuanced than applying a generic multiple. In 2026, buyers are focusing heavily on cash flow quality, recurring revenue, contract transferability, and operational maturity rather than just gross booking volume. The Vacation Rental Management Market in 2026 The vacation rental management (VRM) industry has matured significantly over the past few years. Large consolidators, private equity groups, regional operators, and entrepreneurial buyers continue to acquire management companies, but buyers are more selective than they were during the low-interest-rate environment of 2021 and 2022. Today's buyers want: Recurring management fee revenue Low homeowner churn Documented operating systems Strong direct-booking channels Diversified property-owner relationships Professional management teams Clean financial reporting Compa...

The Restaurant Due Diligence Reality Check: 4 Ways Serious Buyers Verify Revenue Before Closing

  If you're buying a restaurant, bar, café, or any food and beverage business, here's an uncomfortable truth: the financial statements alone are not enough. After more than 450 business transactions, I've learned that restaurant due diligence requires a different level of scrutiny than almost any other industry. Cash transactions, inventory shrinkage, employee theft, vendor credits, delivery apps, and unreported sales can all create a gap between what's reported and what's actually happening. Many buyers make the mistake of reviewing tax returns, glancing at a profit and loss statement, and assuming the numbers are accurate. That's not due diligence. That's hope. The reality is that sophisticated buyers verify restaurant revenue from multiple independent sources before they commit hundreds of thousands, or even millions, of dollars to an acquisition. Here are four due diligence techniques that serious buyers use and why you should too. 1. Back Into the Reven...