Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing — Business Survival Rate

An estimated 77% of truck, utility trailer, and rv (recreational vehicle) rental and leasing businesses survive their first 5 years, based on U.S. Census Bureau Business Dynamics Statistics. The annual business closure rate is 5.0%.

77%
5-Year Survival Rate
+5.5%
Net Growth Rate
3,716
Total Firms
444
Annual Firm Deaths

Is Truck, Utility Trailer, and RV a Good Business to Start?

With a 77% five-year survival rate, truck, utility trailer, and rv (recreational vehicle) rental and leasing has an above-average survival rate compared to the national average of roughly 50%. This makes it a relatively safe industry to enter — businesses here tend to find stable demand and sustainable economics.

The annual exit rate of 5.0% is lower than many sectors, suggesting that once established, these businesses have staying power. That said, lower failure rates often correlate with higher barriers to entry or established competition.

Entry vs. Exit Rates

Annual rate of new businesses opening versus existing businesses closing.

Entry Rate (new businesses)6.0%
Exit Rate (closures)5.0%

Net positive: more businesses opening than closing (+1.0 pp spread).

Job Creation & Destruction

13.3%
Job Creation Rate
7.8%
Job Destruction Rate
+5.5%
Net Job Growth

The industry is adding jobs faster than losing them — a positive sign for both workers and new business owners looking to hire. Total employment: 175,393 workers across 3,716 firms.

Want to know how much truck, utility trailer, and rv (recreational vehicle) rental and leasing businesses actually make?

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Frequently Asked Questions

What percentage of truck, utility trailer, and rv (recreational vehicle) rental and leasing businesses fail?
Approximately 23% of truck, utility trailer, and rv (recreational vehicle) rental and leasing businesses fail within their first 5 years. The annual closure rate is 5.0%, with 444 firms closing permanently in 2023.
Is the truck, utility trailer, and rv (recreational vehicle) rental and leasing industry growing or shrinking?
The truck, utility trailer, and rv (recreational vehicle) rental and leasing industry is currently growing with a net job creation rate of +5.5% per year. New businesses are entering at 6.0% while 5.0% close annually.

Source: U.S. Census Bureau, Business Dynamics Statistics (2023). Survival rate estimated from annual exit rates.