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COMMITMENT
Your commitment to us is to sell your business at a price and with terms consistent with the marketplace.
DOCUMENTATION
You provide us with all the necessary documents and data required to sell your business.
VALUATION & PRICING
We analyze your business and suggest a realistic price & terms, or for a larger business, we recommend a third party valuation.
ADVERTISING
We aggressively, but confidentially advertise your business and others like it to get the highest possible response and the greatest numbers of prospects.
SCREENING
We interview buyers to professionally and financially qualify prospects, and to eliminate those who are unable or unwilling to purchase a business at this time.
INTRODUCTION
Our Business Intermediary presents your business to qualified potential purchasers. They discuss the various components and benefits of the business with the potential buyer. You are asked to
do what you do best; run your business.
MEETING
A possible meeting with you, the potential purchaser and the VR Business Intermediary is set up, to prove the buyer's interest and give an opportunity to learn more about the buyer. You will
never meet a buyer without the accompaniment of a VR Business Intermediary.
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ASSISTANCE WITH FINANCING OPTIONS
We have many financial resources, including lenders who specialize in SBA or commercial business loans, and we will assist you and the buyer in determining which method of financing will work
for all parties and lead to a successful closing.
OFFER TO PURCHASE
We encourage buyers to write a fair offer accompanied by an earnest money deposit check.
PRESENT OFFER
We will present the offer for purchase to you. At the time, we can provide you with background information on the buyer and explain the buyer’s reasoning behind the offer.
REVIEWING THE OFFER
You may accept the offer as presented or you may use our knowledge and experience to structure a counter offer.
EXPLANATION
We explain the terms and conditions of the offer to you.
MUTUAL ACCEPTENCE
At this critical time VR Business Intermediaries use their training, negotiating skills and expertise to create a mutually acceptable agreement and it becomes a contingent purchase and sale agreement.
INSPECTIONS
Nearly all offers are contingent upon the buyer's inspection and approval of all aspects of the business operation including financial records. The handling of due diligence is the most important
step in the process of a successful sale. You will need to satisfy the buyer that you have all the necessary licenses and permits necessary to operate the business.
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