Singapore Business Brokers Opportunity For Sale

Business description

Are you done spending countless hours going through available business opportunities do not meet your interests and needs? Buy a VR Business Sales franchise where there are no geographic limitations to where you can work the field if the opportunity for a business exists.

Only at VR Business Sales will you develop the ability, skills and resources required to successfully facilitate the control of an establishment from the seller to the buyer. You will work closely with every office owner as both an advocate and mentor, being provided with the right tools and training that you need to successfully complete within the industry.

Property information

Location:

Singapore has a highly developed market-based economy, which has historically revolved around extended entrepôt trade. Along with Hong Kong, South Korea and Taiwan, Singapore is one of the Four Asian Tigers. The economy depends heavily on exports and refining imported goods, especially in manufacturing, which constituted 26% of Singapore's GDP in 2005 and includes significant electronics, petroleum refining, chemicals, mechanical engineering and biomedical sciences sectors. In 2006 Singapore produced about 10% of the world's foundry wafer output. Singapore has one of the busiest ports in the world and is the world's fourth largest foreign exchange trading centre after London, New York and Tokyo.

Singapore has been rated the most business-friendly economy in the world, with hundreds of thousands of foreign expatriates working in multi-national corporations. In addition, it also employs hundreds of thousands of foreign manual workers.

Singapore is a popular travel destination, contributing to the importance of its tourism industry. About 7.8 million tourists visited in 2006. Total visitor arrivals were 10.2 million in 2007. To attract more tourists, the government decided to legalize gambling and to allow two casino resorts (euphemistically called Integrated Resorts) to be developed at Marina South and Sentosa in 2005. To compete with regional rivals like Bangkok, Hong Kong, Tokyo and Shanghai, the government has announced that the city area would be transformed into a more exciting place by lighting up the civic and commercial buildings. Food has also been promoted as an attraction for tourists, with the Singapore Food Festival held every July to celebrate Singapore's cuisine.

Singapore is promoting itself as a medical tourism hub: about 200,000 foreigners seek medical care in the country each year. Singapore medical services aim to serve one million foreign patients annually by 2012 and generate USD 3 billion in revenue. The government states that this could create some 13,000 new jobs within the health industries.

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.