Detroit Michigan Business Brokerage Franchise For Sale

Business description

VR Business Brokers is celebrating over 30 years of successful business sales with more than 70,000 completed transactions. VR has sold more business in the World than anyone©. Join the international network leader of business brokerage offices with over 130 locations worldwide. Offices are dedicated to assisting owners in the acquisition and divestiture of small to mid-size businesses as well as assisting buyers, investors and entrepreneurs in the purchasing of ongoing businesses. As a Franchisor, VR was the recipient of three very prestigious awards: Top 50 Franchisor for Veterans, Top 50 Franchisor for minorities and Top 50 franchisor for Hispanics. There are no geographic limitations to where you can open your VR Business Franchise provide a business opportunity with the most advanced training program in the industry. VR offers complete marketing and fulfillment programs, including ongoing FREE continuing education, with over 75 courses. With minimum start-up cost, top notch training, no inventory, flexible hours and a very high potential, VR is a proven winner, make the right choice, take control of your future today and join the industry leader!!!

Property information

Location:

Detroit and the surrounding region constitute a major manufacturing center, most notably as home to the Big Three automobile companies, General Motors, Ford and Chrysler. The city is an important center for global trade with large international law firms having their offices in both Detroit and Windsor.

There are about four thousand factories in the area. The domestic auto industry is primarily headquartered in Metro Detroit. New vehicle production, sales, and jobs related to automobile use account for one of every ten jobs in the United States. The area is also an important source of engineering job opportunities. Firms in the suburbs pursue emerging technologies including biotechnology, nanotechnology, information technology, cogno-technology and hydrogen fuel cell development. The city of Detroit has made efforts to lure the region's growth companies downtown with advantages such as a wireless Internet zone, business tax incentives, entertainment, an international riverfront and residential high rises. Thus far, the city has had some success, most notably the addition of Compuware World Headquarters, OnStar, EDS offices at the Renaissance Center,

PricewaterhouseCoopers Plaza offices adjacent to Ford Field and the 2006 completion of Ernst & Young's offices at One Kennedy Square. Casino gaming plays an important economic role with Detroit the largest city in the United States to offer casino resorts. Canada’s largest casino, Caesars Windsor, complements the MGM Grand Detroit, MotorCity Casino and Greektown Casino in Detroit. When Casino Windsor is included, Detroit's gambling market ranks third or fourth. In an effort to support spending within the city, certain business owners set up mints to distribute the Detroit Community Scrip.

Premises details:

VR 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

Expansion potential:

Economist Robert Avery from Cornell University estimates that $10 trillion of assets and over 12 million privately-held companies will be transferred as Baby Boomers start to retire. Other estimates predict that 10,000 Baby Boomers will sell their businesses to fund retirement. Others will exit their corporate positions and acquire a business to supplement their retirement income and to build additional income and equity.

Competition / Market:

Over 52% of the United States GDP is from privately-held businesses and these businesses employ over 50% of the domestic workforce. Privately-held business drives the U.S. economy and the same holds true around the world as privately-held enterprises are the economic engine of most countries. U.S. business demographics: 97.3% of U.S. businesses are under $10 million in sales; 98% of U.S. businesses have less than 100 employees; 20% of the privately-held businesses change hands every year. VR is the ONLY full-time professional business intermediary firm!

Reasons for selling:

Domestic franchise development and global expansion.

Employees:

2-5

Years established:

32

Franchise terms

Franchise opportunity:

Yes

To be disclosed.

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. VR offers complete marketing and fulfillment programs, including ongoing FREE continuing education, with over 75 courses.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Balance can be self-financed. Franchise SBA-approved!

Business closed / Asset sale:

Yes

Relocatable:

This business can be relocated.