We work with individuals and corporations, representing closely held businesses of all types. Our Brokers specialize in both “main street” businesses (with revenue to $1.5M) and larger businesses that may involve strategic marketing (including merger and acquisition type transactions) for businesses with revenue up to $20M.
We are an independently owned franchisee and member of the VR Business Brokerage network. VR has over 110 offices, 6 in southern California, staffed with professional Business Intermediaries that can provide an unparalleled level of exposure to qualified business buyers and opportunities.
VR Pasadena represents both Buyers and Sellers. We take a proactive, consultive approach to guide and help our clients through each step of the sales transaction or acquisition process.
For Business Sellers our services include:
• Pre-sale preparation and consulting,
• Business valuation and pricing,
• Creation of a business Profile and written marketing plan,
• Actively marketing the business for sale – which will include dissemination of the listing, throughout the VR network, internet posting and targeted direct marketing,
• Screening and presentation of qualified candidates,
• Preparation of all transactional documentation, and
• Management of the due diligence and closing processes
For Business Buyers our services include:
• Assistance in creation of definitive, detailed acquisition criteria,
• Assistance in development of an acquisition budget,
• Actively searching within the VR network, on all commercial “business for sale” sites, and even directly approaching businesses that may not be actively marketed “for sale,”
• Representation with other Brokers and/or Business Sellers,
• Evaluation of targeted acquisition candidates and pricing,
• Completion of all transactional documentation,
• Referral of qualified
Franchise established in Irvine of 2009, current owners have staff, EDD numbers, corporation, contracts with local schools, etc. Upside potential is unlimited, Irvine territory, after school, summer camps, birthday parties... $29k net part time, $70k gross - unlimited upside if you run it or grow it. LEGO's can be purchased with the franchise or at the current price without.
Business administration can be from home. Classes, parties, camps are at client schools or venue. No retail location necessary but is possible if you want to have in store parties, etc.
Best of all, this business may give you $12,000 net profit from the first month of operation immediately after you take over. It is also a 100% help run in other words, no owner is necessary at work and no hard labor is required, also. It is a complete owner-absentee operation. No fatigue or hard labor for buyer. This 6 year-old local bakery café restaurant is well-reputed of serving their unique cuisine of tasty-&-colorful cupcakes, portion cakes, birthday/wedding cakes and healthy-fancy bakeries including a lighter menu to choose from breakfast, sandwiches, salads and coffee/beverages. The concept of bakery cafe is so successful and maintains a steady income. Too good to miss it. It won't last longer!
This prime located Car Wash and Gas Station with Convenience Store in Orange County with 2 acres of property is a steal, only 1/2 mile away from major Freeways, it's a very busy corner with millions of cars and trucks passing by monthly.
Ones in a life time opportunity to own prime property with business in Orange County is a dream come true.
The owner owns and operates the car wash, gas station, and convenience store including ATM machine in the store.
And rents out a smog shop as well as a mechanic shop in the center.
This Business is 100 % Absentee Run.
This is a well established business with loyal customers for many years.
The Gas Station does $2.4 Million in sales p/year
The Car Wash does $1.14 Million in sales p/year
The Conven./Store does $270 K in sales p/year
The Rental shops bring in $180 K p/year
After all expenses paid the owner generates
$610.000 net per year
Reason for sale, owner is relocating
This is a fully compliant, clean books and records construction and property management firm that is in turnkey condition for a strategic buyer looking to gobble up market share. Could also be a suitable acquisition target for someone with relevant industry experience who would like a fully staffed turnkey operation with exceptional good will and a superior talent grab for many construction related activities. Current services include concrete work, kitchen and bath counter tops and cabinetry, door and window maintenance and installation, flooring repair and installation, general contractor services, painting, plumbing, HVAC, landscaping, plumbing, and miscellaneous building improvements. SBA loan in place for 1/2 of the purchase price, balance to be combination of Buyer's cash or equivalent and Seller financing subject to negotiation. $100k+ A/R and $170k Assets included with the sale of the business. NDA is required for due diligence package on file with the Broker.
This business has been qualified for SBA acquisition, so a majority of the purchase price can be financed, with the balance due a blend of cash injection from the Buyer and Seller financing subject to negotiation. They want offers. Sellers are micro-managing type owner-operators, and have maintained a superior level of customer service and attention to their clients since the company's inception. They are very good at placing business, as their bind ratio is 92%+. Revenue can be broken down as follows: Work comp 44%, Group Health 17%, General Liability 13%, Commercial Auto, 12%, Personal Lines, 3%. Broker fees only $37,258, Renewals and Commissions from the Carriers are $201,372 for 2011. Huge upside exists as many times they charged a bare minimum in broker fee just to get the client in the door. Sellers acknowledge a more aggressive firm could have obtained additional revenue by charging more on fees. Top 5 carriers by premium are Castle Point, York, Blue Cross Blue Shield, Travelers, Markel, and State Fund Direct. They have done a reasonable job cross-selling benefits, but definitely upside exists for those that want to do additional cross-sales. Sellers have a custom agency management system that will be included in the sale along with a 2 month transition/training period. NDA is required for due diligence package or to schedule a conference call or meeting with the Sellers.
Irvine - South Riverside County, CA
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