VR BUSINESS BROKERS
Case Study: Local Bottle Shop
VR Business Brokers is honored to assist in the sale of another Triangle business owner with the sale of a privately held profitable independent business in the Apex, NC Market.
- Apex, NC
- 100%
- Personal
- SELLER
The Selling Process
The owner of this business started his business with a business partner and no children. Several years later, he found himself running his business without his founding partner, young children, and a commitment to make a significant lifestyle change.
He turned to Rory McDermott of VR Business Brokers to confidentially market and sell his business through a controlled process which yielded more than 50 interested buyer parties multiple offers. Every buyer signed a confidentiality agreement and the owners selected the buyer who he felt would be the best fit for his business and his employees.
The deal was completed with a purchase agreement, bill of sale, new lease, and disbursement of funds to the owner with a short training period in just over two months from partnering with VR Business Brokers.
The business buyer was another successful beverage operator in the market thrilled to expand his brand with this specialty beverage company…
Congratulations to the buyer and seller of this successful transaction, and special thanks to attorney Peter Hanna at the offices of Hopler, Wilms, & Hanna for transaction representation and escrow services.
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Whether you’re only just starting to think about the next step in your entrepreneurial journey or you’re actively planning for retirement or a life change, we can help. Schedule an appointment today. Neal is a business broker in Raleigh and he can help. It’s free and completely confidential!