Mumbai Business Brokers Opportunity For Sale

Business description

Buy a VR Business Sales franchise in Mumbai. The opportunity is here in your hands to become a VR franchise owner because only here will you have the opportunity to excel in a profession where you will have comprehensive training to give every client consistent and superb service. By providing both buyers and sellers with professional representation for every business opportunity that’s available out there, you will be able to become the premier firm in your market.

With thousands of businesses available daily, only at VR will you find the ability, skills and resources needed to successfully assist the transaction of a business as we have done for over three decades with our ground-breaking methods.

Property information

Location:

Mumbai is India's largest city and is considered the financial capital of the country as it generates 5% of the total GDP. It serves as an economic hub of India, contributing 10% of factory employment, 25% of industrial output, 33% of income tax collections, 60% of customs duty collections, 20% of central excise tax collections, 40% of India's foreign trade and Rs. 40 billion (US$ 850 million) in corporate taxes. Mumbai's GDP is Rs 200,483 crore (US$ 42.7 billion) and its per-capita income is Rs. 128,000 (US$ 2,730) – almost three times the national average.

Many of India's numerous conglomerates (including Larsen and Toubro, State Bank of India, Life Insurance Corporation of India, Tata Group, Godrej and Reliance), and five of the Fortune Global 500 companies are based in Mumbai. Many foreign banks and financial institutions also have branches in this area, with the World Trade Centre being the most prominent one. Until the 1970s, Mumbai owed its prosperity largely to textile mills and the seaport, but the local economy has since been diversified to include engineering, diamond-polishing, healthcare and information technology. Mumbai was ranked among the fastest cities in India for business startup in 2009.

India's 300 million strong middle-class population is growing at an annual rate of 5%. Shown here is an up-market residential area of Mumbai. State and central government employees make up a large percentage of the city's workforce. The port and shipping industry is well established, with Mumbai Port being one of the oldest and most significant ports in India. In Dharavi, in central Mumbai, there is an increasingly large recycling industry, processing recyclable waste from other parts of the city; the district has an estimated 15,000 single-room factories.

Most of India's major television and satellite networks, as well as its major publishing houses, are headquartered in Mumbai. The centre of the Hindi movie industry, Bollywood, is the largest film producer in India and one of the largest in the world as well as centre of Marathi Film Industry.

Along with the rest of India, Mumbai, its commercial capital, has witnessed an economic boom since the liberalization of 1991, the finance boom in the mid-nineties and the IT, export, services and outsourcing boom in 2000s.

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.