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BUSINESS FOR SALE - PROFILE #  99800129

Business Broker, Rapid City
Rapid City, South Dakota
Asking Price: $155,650   Down Payment: $39,000  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary
Why should you go and buy a VR Business Sales franchise in Rapid City? Because only when you become a VR franchise owner will you have the chance to illuminate in an industry with the right tools and training in hand to successfully assist every client in buying and selling business. Serving each client both as a mentor and advocate will allow you educate and provide the correct resources and information that they need to go forth with their business transaction as VR Business Sales has done for over 30 years in over 130 locations, 10 countries and 3 continents. Only VR Business Sales has the ability and skills required to successfully facilitate the ownership of a business from the seller to the buyer. Today, Rapid City is South Dakota's primary city for tourism and recreation. Urban flight from neighboring towns has greatly benefited the growth of Rapid City, and the city continues to expand both commercially and residentially. With the approval of a Deep Underground Science and Engineering Laboratory at the Homestake Mine site, Rapid City has a future of great advancements in technology, medicine and scientific research. Rapid City is a major medical care center for a five-state region, centered around the Rapid City Regional Hospital and the Indian Health Service's Sioux San Hospital. Other smaller, independent medical facilities have been established in the area, including the Black Hills Surgery Center, The Heart Doctors, The Spine Center at Rapid City, Setliff Sinus Institute, Black Hills Eye Institute and Regional Behavioral Healthcare.

Acquisition Highlights

  • 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 become eligible for Social Security every day, with 80 million retiring over the next two decades. These same 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.
  • VR offices are operated full-time and are professionally staffed during regular business hours.
  • Franchisor provides an extensive training program which 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.
  • The estimated total investment can vary from $45,933-$155,650 including the initial franchise fee of $39,000.
  • 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!
  • VR has been the leader in business sales since 1979. VR has sold more businesses in the world than anyone. VR has grown to over 130 offices worldwide!
  • Financing Information:  Self-financed.
  • Training Information:  3 weeks
  • This business is a franchise
  • This business can be relocated
Business Synopsis

Asset Information (estimated fair market value)
Established in: 1979 Inventory: $9,500 Included
Employees: 0 Furniture, Fixtures & Equipment: $20,000 Included
Real Estate:
Building Sq Ft: 1500 Other: $10,000 Included
    Total Assets Included in Sale: $155,650
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:
Contact:  Peter King
Phone:  (954) 565-1555
Fax:  (954) 565-6855
E-mail:  webgrabber@vrbb.com 		VR Corp Franchise Sales
One East Broward Blvd
Suite 1500
Fort Lauderdale, FL 33301
www.vrbb.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
Businesses for sale listings at Businesses For Sale US.
Contact:  Peter King
Phone:  (954) 565-1555
E-Mail:  webgrabber@vrbb.com 		VR Corp Franchise Sales
One East Broward Blvd
Suite 1500
Fort Lauderdale, FL 33301
www.vrbb.com
Listing Number:  99800129
 

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