VR BUSINESS BROKERS

Case Study: Short-Term Housing Provider

The most recent business VR Business Brokers helped a Triangle Business Owner sell was a Short Term Housing Provider in the Triangle region, which offered residential property renters and corporations seeking residences for employees opportunities to secure housing for 3-12 months.
SALE LOCATION
  • TRIANGLE, NC
INDUSTRY
  • REAL ESTATE
REASON FOR SALE
  • RETIREMENT
REPRESENTATION
  • SELLER

The Selling Process

As a retirement sale, this deal closed one chapter of an entrepreneur’s life and allowed him and his wife to spend more time with the grandchildren, while it opened a new chapter for a busy real estate agent to add a new business vertical to his real estate brokerage in the Triangle region of North Carolina. This deal included confidential marketing, buyer screening/sourcing, complex deal structure negotiations, and the assignment over more than a dozen leases! Special thanks to the law offices of John B. Finch and Peter Hanna at Hopler, Wilms, & Hanna PLLC for legal services.

Congratulations to both successful entrepreneurs for this important and complicated transaction!

Neal Isaacs Headshot 2020 Web
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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!

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