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VR Business Brokers
Lakes Business Group, Inc.
OUR TEAM
Tim Bullard CEO/Broker
Mark SmithSr. Vice President
OUR TEAM
Why Buy a Business?
Job SecurityFinancial IndependencePersonal Growth and SatisfactionControl Your Own DestinyPride of OwnershipCreative FreedomWealth Creation
111 – Arms Dealer
$595,000
Some Industry Numbers:
Business Brokers Overall Average 8+ Months for a
sale Average 73% of Asking Price
Close Less than 10% of Listings
VR BUSINESS BROKERS®
112 Days
85%
68%
Did You Know? 65% of those who own small and medium size companies will transition
out of their businesses within the next decade
About 33% of business owners will convey their business to their children; however, most business owners' children have no desire to take over the family business
124 – Gallery/Frame Shop
$110,500 - REDUCED Lake County, WI
Did YOU Know?
Baby Boomers Over 78 million Americans born in-between 1946 - 1964 They currently make up 26% of the US population and today
65% don't know what their business is worth.
129 – Hand-Made Jewelry Shop
$150,000 Madison, WI
Did You Know?
An exit or succession plan not only helps guide you in determining the best route for you and
your business, but also prepares you in the unfortunate instance of death, disability or
temporary absence
134 Market Research Firm
$600,000
Did You Know?
80 million Americans will become eligible for Social Security in the next decade
That's more than 10,000 people per day!
147 Women’s Fitness Clubs (4)
$429,000
Valued Representation
149 Women’s Exercise Club
$30,000 Richland Center, WI
162 Tanning Salon
$79,000 Waukesha County
Did You Know?
Some Facts about VR: VR Has been in business since 1978 Founded the IBBA, which is the benchmark Business Brokers Association Rates 16 of last 20 Years #1 Business Brokerage by Inc. Magazine. We have sold over 100,000 businesses We have Sold More Businesses in the world and North America than anyone else.
Lakes Business Group:2009: Top 7 International Office2008: Tim Bullard Top 9th Producer
168 Women’s Fitness Club
$60,000 Middleton Owner Benefit: $13,734
170 Women’s Fitness Club
$90,000 Madison, WI Owner’s Benefit: $23,417
171 Distributor
$2,400,000 Wisconsin/Minnesota Owner’s Benefit: $444,926
175 Wild Breed Saloon
$800,000 Franklin, WI Land Biker Bar Rent/Leasing
179 Accounting Firm
$295,000 Green Bay Area Stock Sale
Many ways to skin a cat!
Ways of Financing
180 Coffee Shop
$25,000 Waterford
181 Commercial Property
$314,900 DePere, WI
182 Italian Restaurant
$225,000 Washington County
Buyer’s Wants and Concerns FF & E Lease Proof of Sales & Purchases ROI Living Wage Training Non-Compete Reason for Sale Franchise / Licensing Agreement “Kickers” Prompt Response to Offers
185 Hydraulic Cylinder Machine Shop
$1,395,000 South of Waukesha
Buying Process
CommitmentDisclosure
Background InformationReview
IntroductionMeeting
Offer to PurchasePresent OfferBackgroundExplanationAcceptance
Mutual AcceptanceDue Diligence
InventoryTransfer of Ownership!
198 Marine Construction Company
$48,000 SE Wisconsin
201 Manufacturers’ Rep
$675,000 Western Suburbs
202 Pizza Delivery
$120,000 Milwaukee
203 Flower Shop
$180,000 Milwaukee Area
213 Steak & Seafood Supper Clubw/ Real Estate
$169,000 Central WI
215 Night Club
$350,000 Milwaukee
219 Liquor Store
$400,000 Jefferson County
222 Specialty Meat Distributorship
Southeastern WI $169,000
224 Retail Farm Supply Store w/ RE
$ 1,450,000 Wisconsin
231 Closet Tailors
$ 64,500 Milwaukee Area
232 Budget Blinds
$ 90,000 Milwaukee Area
235 Home Improvement
$ 88,000 Milwaukee Area
236 Used Auto Dealer
$ 800,000 Waukesha County
237 Auto Repair Shop
$ 800,000 Waukesha County
238 Allegra Network
Graphic Communications Company $ 250,000 Wisconsin
239 Colorworks, USA
Automotive Paint Touch-up Company $ 110,000 Wisconsin
240 Jump On In
Place For Pre-Scheduled Private Parties $ 550,000 Wisconsin
241 Athletic Nation
Men’s Personal Training Facility
244 Behavior Health Clinic
$ 750,000 Wisconsin
245 Tanning Salon
$ 48,000 Reduced! Milwaukee County
Why VR? Worlds Premier NetworkVR’s ExposureKnowledgeTrainingQualifyingConfidentialityTimeDocumentationIntegrity
246 Bar & Deli
$ 665,000 Madison, WI
249 Goin’ Postal
$55,000 Wisconsin
253 Ferch’s Malt Shoppe and Grille
$413,000 Wisconsin
254 Home Improvement General Contractor
$255,000 Metro Milwaukee
REDUCED!!
Penalty Free 401K/IRA Use
257 Coffee & Gelato Shop
$115,000 REDUCED! Waukesha County
260 Roni Deutch Tax Center
$ 70,000 Wisconsin
266 Plumbing & Underground Utility Contractor
$ 900,000 SE Wisconsin
268 Euro Café!
$ 100,000 Madison, Wisconsin
269 Made to Sparkle Cleaning Services Franchise Opportunity
$ 100,000 Wisconsin
273 Ocean Blue Frozen Yogurt
$ 867,000 Wisconsin
274 Assisting Hands Home Care
$ 391,000 Wisconsin
281 Taco Restaurant
29,900 REDUCED! Wisconsin
293 – Downtown Night Club
250,000 Reduced! Milwaukee
Services For Sellers Expert Advice Business Valuation Structuring Advertising & Networking Buyer Screening & Qualification Introduction & Follow –up Negotiation Management through closing
298 – 24,000 SQ FT Building w/ Freeway Visibility
2,600,000 Waukesha County
303 – Plumbing and Heating
900,000 Waukesha County
316 Live Music Venue w/ Real Estate
$ 650,000 Milwaukee County
319 Mail Delivery Service w/ Contracts
$ 800,000 Near Madison
327 Coffee Shop
Rock County $44,000 Reduced!
334 Lakefront Bar & Grill
Racine County $999,000 REDUCED!
335 Retail Animal Supply Store
Ozaukee County $349,000 Reduced!
340 – Laser and Medi Spa
Metro Milwaukee $325,000
345 Wedding Planning Franchise
Wisconsin $30,000
346 Bar & Restaurant w/ RE
Columbia County $379,000 REDUCED!
349 - Power Transmission Outlet & Recycled Conveyor Belt Business
$317,000 SE Wisconsin
354 – Home Improvement Business
$74,000 Dane County
REDUCED!
355 – Good to Go ECOnvenience
$2,490,000 Appleton, WI
364- Private Security Firm
$265,000 Real Estate $249,000 Business Northeastern Wisconsin
366T – Frozen Food Manufacturer
Northern WI $50,000
368 – Beer, Wine, & Coffee Cafe $95,000 Downtown Madison
Reduced!
369 – Software Development Company
$5,950,000 Wisconsin
370 – Good to Go ECOnvenience Centers
$2,900,000 Racine, Wisconsin
371 - Silk Screen, Embroidery, Promo Products Printing
$170,000 Reduced! Milwaukee County
375T – Electrical Contractor
$440,000 Northern Wisconsin
380 Women’s Fitness Center
$139,900 REDUCED! Dane County
389 Golf Services Management
$129,000 SE Wisconsin
394 Popular Milwaukee Nightclub
$300,000 Milwaukee
398 Beauty Salon Management Operation
401 Liquor Store
$399,000 Madison
What is SDE?
Seller’s Discretionary Earnings (SDE)
In total, how much did the “Seller” benefit from owning the business?
Salary + Cell Phone + Meals & Entertainment+ Auto Expense+ Travel…. + More!____________________________________
= Seller’s Discretionary Earnings
402 Vintage & Performance Engine & Machine Shop
$ 95,000 SE Wisconsin
408 Day Care for Dogs
$ 160,000 South East Wisconsin
409 Day Care For Dogs
$175,000 South East Wisconsin
411 9 –Hole Golf Course
$490,000 Northern Wisconsin
What will a Seller walk away with?
Things to consider:
Sale Price- Commission- Closing Costs- Prorations (rent,
phone)_________________________________________
= Cash at closing
414 Real Estate Firm $35,000 Tomahawk, WI
415 Shipping & Packaging Store
$77,000 Reduced Milwaukee County
416 Appliance & Refrigerant Disposal
$375,000 Reduced! Northern Wisconsin
417 Feed Store
$335,000 Milwaukee County
418 Auto Sales With Rental
$949,000 Portage County
419 Custom Signs & Textile
$1,399,000 Serving Wisconsin
Use your 401K/IRA to buy a business penalty free
Ask a VR Rep for details
427 Motor Sports Dealership $1,000,000
428 Tree Service Company
$1,100,000 Oneida County
429 Plastic Injection Mold Tool & Die Shop
$590,000 Reduced! Southeastern Wisconsin
432 Specialty Sign Company
$120,000 Reduced! Waukesha County
430 Precision Medical Device Manufacturer
$995,000 Midwest
436 Mexican Restaurant
$385,000 Marathon County
446 Furniture Repair
$95,000 Southeast Wisconsin
452 Milwaukee Hair Salon
$65,000 Milwaukee, WI
460 Commercial Cleaning
$120,000
448 Sporting Goods Manufacturer
$35 Million United States
454 Orthopedic Device Manu
$95,000 45 Minutes North of Chicago
456 Juice Distributor
$150,000 Southern Territory
457 Juice Distributor
$150,000 Northern Territory
461 Roofing Company
$100,000 Milwaukee, WI
462 Roofing Company with Real Estate!
$206,000 Milwaukee, Wisconsin
Seller Financing
Helps close deals Motivates sellers to help buyer succeed Includes personal guarantee
PREMIUM PRICE FOR BUSINESS
Buyer and Seller negotiate terms:$200K @ X%, with a balloon in X years
468 Barbershop with Real Estate and One Apartment
$180,000 Milwaukee
476 Bar & Pub
$199,000 Waukesha County
479 Flower Shop
$59,000 Waukesha County
Bank s
Wisconsin
485 Laundromat w 2 Apartments
$154,900 Milwaukee County
486 Restaurant/Banquet Hall & Catering
$1,850,000 SE WI/Northern IL
REDUCED!!!
Tobacco Shop
$100,000 SE Wisconsin
Did You Know?
80 million Americans will become eligible for Social Security in the next decade
That's more than 10,000 people per day!
493 Country Sports Bar & Grill
$240,000 Dodge County
494 Restaurant & Catering
$450,000 Northern Wisconsin
495 Coffee Shop
$67,000 Waukesha County
499 Bath and Tile Remodeler
$150,000 Milwaukee County
504 Liquor Store
$95,000 plus inventory Washington County
508 Deli w/ Real Estate
$595,000 Milwaukee County
510 Tanning Business
$79,900 SE Wisconsin
511 Tanning Business
$99,900 SE Wisconsin
513 Machine Shop
$799,000 REDUCED!!! South Central Wisconsin
522 Home Based, Part Time Golf Services Business
$39,500 Waukesha County
523 Midwest Guitar Manufacturer
$1,000,000 Midwest
526 Full Service Remodeler with High End Show Room
$219,000 SE Wisconsin
529 Landscaping Contractor
$269,000 SE Wisconsin
530 Photography Studio
$65,000 NE Wisconsin
531 Salon with Spa Services
$110,000 Washington County
533 Niche Manufacturing & Distributing of Personalized
Products
$1,300,000 Midwest
534 Restaurant & Bar w Great View
$1,625,000 SE Wisconsin
537 Waukesha County Bar
$599,000 Waukesha County
538 Bed & Breakfast w Real Estate
$349,000 Wisconsin
539 Golf Course
$1,330,000 Waukesha
541 Vinyl Manu
Oshkosh, WI 250,000
546 Coffee Shop For Sale
$42,000
549 Food Distributor
$1,500,000 SE Wisconsin
550 FIRE RESTORATION BIZ
$460,000
554 Financial Licensee Opportunity
$25,000 WI, MI, MN, & IL
558 Metal Stamping Business
189,000 SE Wisconsin
559 Liquor Store
$499,900 NW Wisconsin
560 Mexican Restaurant on the Lake
$330,000 Central Wisconsin
561 Family Diner with Living Quarters
$330,000 Central Wisconsin
562 Lake Geneva Restaurant
$350,000 Lake Geneva
Land with rental income available
563 Coffee Shop
$59,900 Waukesha County
564 Bank
$20,000,000 Northern Illinois
566 Display Case Manufacturer for Sport Memorabilia
$150,000 SE Wisconsin
567 Turnkey Chiropractic Practice
NW Indiana $125,000
569 Manufacturer’s Rep Biz
$795,000 SE Wisconsin
570 Commercial Painting and Wallcovering Company
$175,000 Sheboygan County
571 Turnkey Car Wash
$750,000 Milwaukee County
572 Unique Spirits Brand Company
See Broker Midwest Location
573 Bank
$19,500,000 Illinois
574 Fitness Center
$7,700,000 Wisconsin Includes Real Estate
575 Juice Distributor
$175,000 Northern Wisconsin Territory
576 Bank
$16,000,000 Wisconsin
577 Machine Building Manufacturer
578 Parking Lot
$50,000 Milwaukee
579 Premier Coatings & Liner Business
$74,000 SE Wisconsin, Relocatable
580 Bicycle Shop
$108,000 Greater Milwaukee Area
581 Medical Hyperbaric Business
$185,000 Milwaukee County
582 Estalished Chauffeur Service
583 Mexican Restaurant & Bar
$675,000 Waukesha County
584 Printing Company
$985,000 Southern Wisconsin
585 Automotive Service Center
$495,000 – Reduced! Menomonee Falls
586 Sears Carpet & Upholstry
SE Wisconsin $290,000
587 Sears Garage Installation
$210,000 SE Wisconsin
588 Private Investigations
$125,000 Rock County
589 Hair Salon & Spa
$109,000 SE Wisconsin
590 Animal & Pet Supply Store
$349,000 Ozaukee County
591 Downtown Salon
$60,000 Madison
592 Computer Repair Business
$495,000 Central Wisconsin
593 Popular Whitewater College Bar
$229,000 Whitewater, WI
594 Upscale Salon & Spa
$279,900 Large Tourist Area in WI
595 Lounge/Nightclub/Restaurant
$2,450,000 Large tourist area in Wisconsin
596 Manufaturing Company
$6,900,000 SE Wisconsin
598 10-Chair Full Service Salon
$415,000 SE Wisconsin
599 Supper Club w Real Estate
$380,000 Columbia County
600 Auto Spa
$750,000 350,000 Business 400,000 Real Estate
SE Wisconsin
602 Recycling & Hauling Company
$4,750,000 Wisconsin
603 Niche Specialty Gift Stores
$150,000 Milwaukee County
605 Cutting Edge Product
$67,500 SE Wisconsin
606 Pakistani Restaurant
$150,000 Milwaukee County
607 Casual Dining Establishment
$1,500,000 SE Wisconsin
608 Catering Business
$1,950,000 SE Wisconsin
610 Catering Company
$195,000 SE Wisconsin
611 Restaurant
$663,000 SE Wisconsin
612 Estate Sales
$98,000 SE Wisconsin
613 Bar & Restaurant
$75,000 Washington County
614 Commercial Roofing Company w Niche Markets
$3,500,000 Wisconsin
615 Digital Media Firm
$4,500,000 Midwest
616 Mechanical Contractor
$300,000 Central Wisconsin
617 Tanning Salon
$69,000 Waukesha County
618 Classic Car Restoration
$300,000 SE Wisconsin
619 Restaurant
$225,000 Milwaukee County
620 Upscale Tanning Salon
$139,000 Waukesha County
621 Laundromat with 2 apartments
$154,900 Milwaukee County
622 Sports Bar
$1,000,000 Waukesha County
623 Bar
$215,000 SE Wisconsin
624 B2B Marketing Firm
$399,000 SE Wisconsin
625 Customer Service Based Biz
$1,500,000 Wisconsin
626 Bank
$7,500,000 Midwest
627 Walker’s Point Commercial Blg
$435,000 Downtown Milwaukee
628 Flower Shop w Real Estate
$205,000 Milwaukee County
629 Drilling
630 Juice Distributor
$169,600 Northern Wisconsin Territory
631 Restaurant & Bar
$195,000 Waukesha County
634 Bank
$8,000,000 Arizona