VR News

Now could be the best time to sell your business!

 

Here is why:

 

High unemployment rates have flooded the market with high net worth individuals who can't find a similar salaried job that they previously held and their American dream has been to own their own business one day. That day has come and many are committed to purchasing.

Lenders have begun to finance business transactions again. Starting around October 2009, the SBA loosened its requirements for backing business loans. With that, literally thousands of Lenders came back into the market.

Capital gains and ordinary income taxes will go up in 12 to 24 months. If capital gains taxes increase 5% to10% and ordinary income taxes go back to the pre-Bush levels of 39.6% (top income bracket) then business owners after tax proceeds may be higher this year than if they wait a few years for the company value to go back up.

VR Mergers and Acquisitions Charlotte ( www.vrcharlotte.com ) was founded in 1996 by Brad and Jay Offerdahl, and over this period they have collectively sold more businesses and generated more revenue than any other VR office.

VR Mergers and Acquisitions is an international franchise organization specializing in the sale of privately held businesses.

VR Charlotte Completes Sale of Association Management Solutions

 

VR Mergers and Acquisitions Charlotte, one of the top VR offices in the nation, completed the strategic sale transaction of Association Management Solutions. A provider of property management services and support to homeowners associations, AMA is conveniently located in the greater Charlotte area. New owner Alan Staten will continue operating AMA under the same name with its' current experienced team of professionals.

VR represented the seller throughout the transaction and notes, “despite the economic downturn, good business opportunities exist for the true entrepreneur. Association Management Solutions is an excellent example. It is a well run, successful, niche company on a strong upward trajectory, positioned for a new owner to take to the next level.”

The completed business transaction of AMA is one of a number of closings for this Charlotte business brokerage. When discussing the potential capital gains tax increase, Brad Offerdahl , president of VR Mergers & Acquisitions Charlotte, commented “in our opinion, with the change in administrations, there is a good chance that by late 2010 or early 2011 the capital gains tax and ordinary income tax will go up significantly from today's 15% level. Now is the right time to sell your business.”

 

Our Address and directions

Address: 17250 Lancaster Highway, Suite 601, Charlotte NC 28277

Directions: We are located 3.5 miles south of the I-485/ Highway 521 intersection (Highway 521 and Lancaster Highway are the same). We are the last building on the right before crossing into South Carolina.

Our phone number is 704-676-0940.