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BUSINESS FOR SALE - PROFILE #  99800130

Business Broker, Ogden
Ogden, Utah

Asking Price: $155,650   Down Payment: $39,000  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary
Only at VR Business Sales will you have the opportunity to work in an industry where you will be trained to provide each and every client with the same level of service and professional resources that a large institutional client receives from the finest investment bank with the proper tools and training. For over 30 years, VR has pioneered the way that businesses change hands and assisted in the standardization of the fragmented business intermediary industry. As a VR franchise owner, you will the ability, skills and resources required to successfully facilitate the control of an establishment from the seller to the buyer. As the principal city of the 3rd largest MSA in Utah, Ogden serves as a regional economic hub for northern Utah. Some of Ogden's large employers include IHC owned McKay Dee Hospital, Weber State University, Flying J, Marketstar, Autoliv North America and Convergys. The Business Depot Ogden, formerly an army depot, was restructured to be a 1,000 plus acre business park; and is home to numerous companies. The mountains and rivers near Ogden offer diverse opportunities for outdoor recreation. An extensive trail system, immediately adjacent to the city's eastern edge, gives residents and visitors immediate access to the foothills of the Wasatch Range. The foothill trails are used for hiking, running, mountain biking, and sometimes snowshoeing and cross-country skiing. Steeper trails climb eastward into the mountains, and many other mountain trails originate within a few miles of the city. A system of paved urban trails runs along the banks of the Ogden and Weber Rivers. Lindquist Field, home of the RaptorsOn the mountains east of Ogden are three downhill ski areas: Snowbasin, Powder Mountain and Wolf Mountain. Ogden is a satellite venue of the Sundance Film Festival. A local film festival, now called the Foursite Film Festival, has been held annually since 2004. Other events of interest include a downtown farmer's market, the Ogden Arts Festival, the Harvest Moon Festival and the Ogden marathon.

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:  99800130
 


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