Business description
Since 1979, VR Business Sales has altered the way that businesses go from the seller to the buyer with the correct skills and resources necessary to thrive in an ultra-competitive market. With no boundaries geographically, you can capitalize on every business opportunity to become the premier firm of your market as is the VR model.
VR Business Sales is the only business intermediary company that will train you to give ever client exclusive service that is consistent and in depth. The time is now to stop filling out NDAs for businesses that won’t fulfill your goals, and take hold of the exciting opportunity by buying a VR Business Sales franchise!
Property information
- Location:
- Bangkok is the economic center of Thailand, dominating the country's economy and dwarfing any other urban centers. Development continues to pour in to Bangkok mostly neglecting the rest of the nation. It is ranked as the 55th richest urban agglomeration, slightly behind Singapore, Jakarta, and Metro Manila. Its combined economic output is roughly 89 billion dollars in purchasing power parity terms, which accounts for roughly 16 percent of Thailand's GDP also in PPP terms.
The Stock Exchange of Thailand, or the SET is located on Ratchadaphisek Road in inner-Bangkok with over 523 listed companies and combined market capitalization of about THB 6 trillion (USD 197 billion) as of 31 January 2007. Due to the large amount of foreign representation, Thailand has for several years been a mainstay of the Southeast Asian economy and a key center in Asian business. The indices of the stock exchange are SET Index, SET50 Index and SET100 Index. As of Fall 2009, the index is one of Asia's top performing indices, up 58 percent since January.
Bangkok is home to the headquarters of all of Thailand's major commercial banks and financial institutions; 27 financial institutions hold at least 1 billion dollars in total assets. Their bank deposits totaled approximately THB 9.6 trillion, the equivalent of USD 314 billion at the end of the third quarter in 2007. A large number of multinational corporations base their regional headquarters in Bangkok due to the lower cost of the workforce and firm operations relative to other major Asian business centers. Thirteen Bangkok-based companies make the Forbes 2000 list annually. The list includes the largest Thai bank, Bangkok Bank, the country's largest listing as well as the state-owned energy firmPTT, and the renowned Charoen-Phokphand agri-foods conglomerate.
Tourism is a significant contributor to Thailand's economy, providing about 5 percent of GDP. Bangkok is Thailand's principal international gateway and a destination in its own right. This giant market has made Bangkok a prime location for hotel operations as well as the launching pad for small and medium accommodation enterprises. Moreover, Bangkok-based hospitality companies such as Dusit Thani Group, Erawan Group, and Siam Hotels and Resorts, have all expanded operations and can officially be classified as a multinational corporation in its own right.
- Premises details:
- VR Business Sales owners are expected to operate from a professional office space with plenty of meeting spaces included in the layout of the facilities, and with lots of room to grow!
Business Operation
- Reasons for selling:
- Domestic franchise development and global expansion.
- Years established:
- 1979
Other information
- Support & training:
- Franchisor provides an extensive training program that includes 2 weeks of at-home study, 1 week of corporate training, online MBI academy and on-going mentoring to assure that all of our franchisees are financially successful.
- Financing available:
- Initial Payment: $60,000. Balance can be self-financed. Franchise SBA-approved! ©
- Furniture / Fixtures value:
- $20,000
- Inventory / Stock value:
- $9,500 (included in the asking price)
- Business closed / Asset sale:
- Yes
- Relocatable:
- This business can be relocated.