SOLD! Established Retail Franchise

SOLD! Established franchise clothing reseller…

VR is honored to assist another seller client and a buyer customer in the transition of an established, cash flowing retail facility in the Triangle market. The family who owned this business needed their time back to spend on a family emergency, and the family who bought the business moved to the Triangle recently in search of a thriving business to buy.

Through the seller representation services of VR Business Brokers, the owners were able to attract more than 30 buyer candidates, select their choice from four offers, and close the deal in under four months. Despite multiple challenges imposed upon the business and the deal process from COVID 19, the buyer, seller, and broker worked together to achieve this important transaction with the help of qualified legal representation.

Special thanks to Peter Hanna & Amanda Rhew at the law offices of Hopler, Wilms, & Hanna, as well as Anthony Klish at Maginnis Law for transaction and buyer representation services, respectively.

If you’re a Triangle Business Owner considering your options for exit, contact VR Business Brokers for a confidential consultation today. VR Business Brokers is selling through the pandemic!