El Paso Texas 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:

El Paso is the Operational Headquarters of Helen of Troy Limited, a NASDAQ listed company that manufactures personal health care products under many labels such as OXO, Dr. Scholls, Vidal Sassoon, Sunbeam among others. Also headquartered in El Paso is Western Refining, the corporate headquarters to Spira Footwear and the World Headquarters to the El Paso Saddle Blanket Co. More than 70 Fortune 500 companies have offices in El Paso, including The Hoover Company, Eureka, Boeing and Delphi. El Paso is an important entry point to the U.S. from Mexico. Once a major copper refining area, chief manufacturing industries in El Paso now include food production, clothing, construction materials, electronic and medical equipment, and plastics. Cotton, fruit, vegetables, livestock and pecans are produced in the area. With El Paso's attractive climate and natural beauty, tourism has become a booming industry as well as trade with neighboring Ciudad Juárez. Education is also a driving force in El Paso's economy. El Paso's three large school districts are among the largest employers in the area, employing more than 19,000 people between them. The military installation of Fort Bliss is also a major contributor to El Paso's economy. Today, Fort Bliss is the site of the United States Army's Air Defense Artillery Center and produces approximately $80 million in products and services annually with about $60 million of those products and services purchased locally. By 2013, BRAC growth is expected to add almost 28,000 new troops, 16,000 new spouses, and 21,000 new children to the El Paso community. The growth is expected to create a strong economic ripple throughout the El Paso area. With the growth in Fort Bliss, the economy is expected to profit an additional $10 billion by 2012, and an additional $5 billion each year after that. Call center operations make up 7 of the top 10 business employers in El Paso.

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.