Karachi Business Brokers Opportunity For Sale

Business description

Only at VR will you have the chance to work in a market that you will have extensive training and the right tools to successfully service ever client to help facilitate the ownership of a business. With no limitations geographically, grab the opportunity to help both buyers and sellers with professional representation as a VR franchise owner!

With the thousands of businesses available on a daily basis in the United States today, the opportunity is ripe to become an owner of a VR Business Sales franchise; where we have prospered since 1979 in our pioneering methods to how businesses change ownership. You will see when you become a VR franchise owner that only here will you obtain the ability, skills and resources that are pertinent to successfully complete the transaction of a business to the seller from the buyer.

Property information

Location:

Karachi is the financial and commercial capital of Pakistan. In line with its status as a major port and the country's largest metropolis, it accounts for a lion's share of Pakistan's revenue.

Karachi's contribution to Pakistan's manufacturing sector amounts to approximately 30 percent. A substantial chunk of Sindh’s gross domestic product (GDP) is attributed to Karachi (the GDP of Sindh as a percentage of Pakistan’s total GDP has traditionally hovered around 28%-30%). Karachi’s GDP is around 20% of the total GDP of Pakistan. Karachi's high GDP is based on its mega-industrial base, with a high dependency on the financial sector. Textiles, cement, steel, heavy machinery, chemicals, food, banking and insurance are the major segments contributing to Karachi's GDP. In February 2007, the World Bank identified Karachi as the most business-friendly city in Pakistan.

Karachi is the nerve center of Pakistan's economy. The economic stagnation caused by political anarchy, ethnic strife and resultant military operation during late 1980s and 90s led to efflux of industry from Karachi. Most of Pakistan's public and private banks are headquartered on Karachi's I. I. Chundrigar Road. Most major foreign multinational corporations operating in Pakistan have their headquarters in Karachi. The Karachi Stock Exchange is the largest stock exchange in Pakistan. A recent report by Credit Suisse on Pakistan's stock market is a testimonial to its strong fundamentals, estimating Pakistan’s relative return on equities at 26.7 percent, compared to Asia’s 11 percent.

Recently, Karachi has seen an expansion of information and communications technology and electronic media and has become the software outsourcing hub of Pakistan. Call centres for foreign companies have been targeted as a significant area of growth, with the government making efforts to reduce taxes by as much as 10% in order to gain foreign investments in the IT sector. Many of Pakistan’s independent television and radio stations are based in Karachi, including world-popular Business Plus, AAJ News, Geo TV, KTN, Sindh TV, CNBC Pakistan, TV ONE, ARY Digital, Indus Television Network, Samaa TV and Dawn News, as well as several local stations.

Its primary areas of industry are textiles, pharmaceuticals, steel, and automobiles. In addition, Karachi has a vibrant cottage industry and there is a rapidly flourishing Free Zone with an annual growth rate of nearly 6.5%. The Karachi Expo Centre hosts many regional and international exhibitions.

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.