VR Business Brokers / Mergers & Acquisitions has been featured in the franchise news publication, Franchising Today. It is an honor to be recognized by the industry as a leader in the M & A franchise market. Below are some excerpts from the article:
VR initiates the delicate task of balancing the marketing of the business confidentially while gaining maximum exposure. The sensitive nature of a business sale must be respected so as not to damage value. If an employee, landlord, vendors, clients or any other relevant parties find out about the sale in advance, it could affect how the business is run and negatively impact the business’s revenue and ultimate value.
VR handles the entire process, which entails qualifying the buyer and integrating the new owner into the business. “First we listen, then we advise and finally assist in the sale or purchase of a business,” Lombardi explains.
“We want to continue to be a leader and be seen as a boutique firm by the private equity world and sophisticated investor,” King says. “We always want to help the client. That sometimes means telling someone they should wait to go to market. That’s putting the client first. You’re not going to be getting a commission by telling someone to wait a year, but it’s the right thing to do. And we see how seriously our people take their responsibility. The people that JoAnn and I have surrounded ourselves with are the most satisfying part of this journey because we know how they treat their clients.”
To read the full article, visit Franchising Today.