Riyadh Business Brokers Opportunity For Sale

Business description

When you buy a VR Business Sales franchise, there are no restrictions as to where you can work as long as the opportunity exists with a business for you match with a potential buyer, and provide that person and the seller with professional representation that should be automatic to become the premier firm in your market!

Since 1979, VR Business Sales has changed the way that businesses change hands with the ability, skills and resources required to successfully facilitate the control of an establishment from the seller to the buyer.

Property information

Location:

Riyadh has developed into a dynamic metropolis over the years. Along with the urban areas of Dhahran, Dammam, Khobar and Jeddah, Riyadh has become a focal point for both travel and trade.

In addition to being the center of power, the city is also a commercial hub. Numerous educational, financial, agricultural, cultural, technical, and social organizations have set up base here. The architecture is mostly modern, including contemporary high-rise towers, but the Al-Dira district, the nucleus of the city, has been rebuilt in a style meant to evoke the old mud-brick buildings of pre-20th century Nejd.

From the beginning of oil exploration in Saudi Arabia to the present day, the government has promoted growth in the private sector by privatizing industries such as power and telecommunications. Saudi Arabia announced plans for privatizing the electricity companies. A lot of these new private conglomerates and company headquarters are located in Riyadh, along with National Banks headquarters. Because of that, Riyadh is considered as the capital city financial and business center of the Middle East.

King Khalid International Airport has a major impact on the commercial movement in Riyadh, providing air transportation for millions of people each year and shipping goods to the city from all continents.

King Fahd road is the main road in Riyadh city. Many business places in Riyadh prefer to locate their head offices on King Fahad road, and headquarters of major companies and organizations are located on both sides of the road. Huge malls, business towers and skyscrapers are widely distributed on this road. However, many roads are becoming more attractive to businesses as King Fahad road is now crowded most times of the day. King Abduallah bin Abdualziz road, Mohammd bin Fahd "Tahlia", Prince Sultan, north ring road have all became alternatives for business and companies' head offices.

The northern end reaches the Airport over another highway. According to many opinions, King Fahd Road is one of the most beautiful streets in Saudi Arabia, making the road a popular tourist attraction. Famous landmarks such as Kingdom Centre, Al Faisaliyah Center, Al Anoud Tower and the Ministry of Interior building are also located on King Fahd Road. However, it is fast becoming second to King Abdullah Street which has seen major building projects and a train track and tunnel system is currently under construction.

The Industrial areas are located on the East and the North-East of the city, including some of world largest factories of oil-related industry, high-tech, low-tech and agriculture. Aramco has large operations in the area which includes oil refineries. Electricity and water-treatments plants supply the city with their much-needed energy and water, which also reach the nearby towns.

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.