I Sell Other People's Businesses.I do this by combining my entrepreneurial and marketing experiences with the international network of VR Business Brokers and Mergers & Acquisitions.The result for each of my business owner clients is the best price, with the fastest transaction, with the least amount of inconvenience. About VR Business Brokers:♦ VR was founded in 1979 and had done deals dating back to the 1980s in the Raleigh/Durham market. I am the second owner of the Triangle's VR Business Brokers.♦ VR Has Sold More Businesses In The World Than Anyone. Ⓡ♦ VR created the 20 step process to sell a business, and built an international network of brokers to source business buyers. About VR Business Brokers of the Triangle:♦ We provide evaluations and buy/sell services for small businesses in the Triangle area.♦ We work for you with no money down; out success fee comes from the buyer of your business.♦ All inquiries are strictly confidential, and all buyers sign an NDA before receiving information about listed businesses.You can reach VR Business Brokers at (919) 628-0571, or at Neal@VRbizTriangle.com

As a Certified Business Intermediary (CBI), accredited by the International Business Brokers Association (IBBA), I use my knowledge of the market approach to share the Most Probable Sales Price (MPSP) for closely held small businesses. This report uses the data from the best databases of sold businesses available to empower an owner to understand what his or her business will sell for on the open market.

Honored to represent a Laundromat owning client to enable him to sell his laundromat for ALL CASH OVER ASK. We had a tremendous demand for laundromats due to our buyer list and the current state of the market, resulting in the following metrics:620 Interested Parties407 NDAs Signed50 Buyers Online for a live Offering Memorandum Q&A17 Offers>3 Months from Listing to ClosingCongrats to the business seller who hired our team to sell his 12 year old business, and congrats to the buyer for winning this highly competitive deal.

Our team was thrilled to facilitate the transfer of a third downtown hashtag#Raleigh business in the last few months... Downtown remains a dynamic market with great foot traffic and a highly sought after location for businesses buyers! Contact us today if you'd like to be our next "Future Former Business Owner."Deal Statistics:4 Months From Listing to Closing (Half the national average)700 emails150 Inquiries3 Offers To Purchase12 Buyer/Owner Meetings2 Excited Business Buyers1 Satisfied Client!

Congratulations to another "former business owner" and a great father son team who've become first time business buyers.This deal was a unique one with many obstacles to overcome but ultimately two principal groups who were determined to get the deal done. Along with the guidance of our team and each side's advisors, we overcame each obstacle including confidentiality, insurance, government licensing, a vehicle becoming totaled the week of the intended closing, and more...Deals aren't always easy but when you find th right buyer and you run a process and build trust, anything is possible! Congrats to all parties on this one...Deal Metrics:1.1K Emails217 Buyer Inquiries20+ Buyer/Owner Meetings4 Letters of Intent2 Five Star Google Reviews1 Satisfied "Former Business Owner"

In a North Raleigh market, a landscaping firm stood as a testament to hard work and dedication. For years, its owner poured sweat and soul into nurturing the business, sculpting lawns and gardens into picturesque havens. Yet, as life often dictates, change loomed on the horizon.Enter VR Business Brokers, the trusted ally in navigating the intricate world of business transactions. When the time came for the owner to bid farewell to his beloved enterprise, it was more than just a business deal; it was a poignant moment of transition. The decision to sell wasn't solely driven by profit margins or market trends. It was rooted in a deep-seated desire to be present for a loved one in need.For the outgoing owner, selling the landscaping firm meant unlocking the freedom to devote undivided attention to a family member who depended on him. It was a decision tinged with both sadness and hope – bidding adieu to a labor of love while embracing the promise of newfound purpose.Enter the younger buyers, eager entrepreneurs with a vision to assemble smaller businesses into something grander. Their ambition was palpable, fueled by a desire to build upon the legacy of the landscaping firm and cultivate it into a thriving enterprise.As the transaction unfolded, VR Business Brokers served as the guiding beacon, navigating the intricate intricacies of the sale with precision and care. For the seller, it wasn't merely about transferring ownership; it was about entrusting the legacy of his life's work into capable hands.In the end, the transaction wasn't just about numbers on a balance sheet or contracts signed in ink. It was about honoring the past, embracing the future, and facilitating a transition that resonated with purpose and meaning. And for VR Business Brokers, it was a privilege to play a part in this poignant journey, ensuring that the seller's aspirations were realized and the buyers' dreams were set in motion.

SoldI was honored to serve a Triangle business owner in the sale of his privately owned businesses...This 7 figure deal took just over four months and accomplished our client's goals to relinquish his role in his high cash flow business for a new lifestyle that required less intensity and more focus on health and wellness.This deal, like all business transactions, had obstacles to overcome, and the client turned to me and my team to get the deal done. With limited financing options and confidentiality paramount, we found an out of state buyer among the dozens to consumate the transaction who inquired through a blind listing.We conducted numerous buyer/owner meetings and kept all parties updated to ensure the deal not only got under contract but made it to the closing table. Following the advise of the client's accountant, the team closed the deal on the first of the year and advocated for an asset allocation to position the outgoing owner in the best position for tax considerations.The team also assisted the buyer with the lease assignment and shared our legal and permit specialist partners to ensure that the new owner had a fully functioning space to legally operate on day one.We couldn't be more excited for the owner and the buyer of this high volume, important restaurant in the Triangle and we're happy that the business will continue to serve the Raleigh community for years to come!

SOLD!It was an honor to co-represent the owners of another Triangle business in the sale of their privately held carpet cleaning firm.This firm was a husband/wife team who worked together to build a thriving service offering for homeowners and apartment managers who needed to get carpets cleaned. After more than fifteen years in business, it was time for them to hand over the reigns to a new owner. At first they hired another broker and were disappointed by the lack of responsiveness from their representative. Unfortunately, they were not successful in their sale, but they gave us a try and Brian York led the charge.After creating confidential business reports and conducting a dynamic go to market strategy, numerous buyers were sourced, and one group stood out from the rest. After screening the buyers and conducting buyer/owner meetings, a deal was stuck and the legal work began. Eventually, we got through diligence and the deal was closed with qualified attorneys in our referral network.As a partnership duo, the buyer team represented the perfect fit to take what the founders had created to the next level.Special thanks to Kevin Israel at Venture Law and Peter Hanna at Hopler Wilms & Hanna for buyer and seller representation.We couldn't be more excited for both the for the former business owners turned business sellers and the business buyers for this transaction.

Congratulations to another Triangle business owner for the sale of her local Bottle Shop in a busy and growing Triangle location in just over 2 months.This client had such a good experience buying her business from VR Business Brokers that when the time came to sell it she turned to us to confidentiality market, screen 50 buyers, and strike an offer to get this deal done. This deal also included sourcing financing and a legal team to execute this transaction and navigate the funding, lease assignment, asset purchase agreement, and other ancillary documents.While the newly minted business seller looks forward to spending more time in a professional career, the buyers are excited to dive deeper into their passion for craft beer and take their favorite bottle shop to the next level. Perhaps most exciting are their plans to include family members in the operations of the business. We couldn't be more excited for both the buyer and the seller of this important local business. Congrats to both and to Rory McDermott for leading this deal. Special thanks to the law offices of Morgan and Perry Law and attorney J. David Morgan & Kelly Lesher for legal services.

Sold!VR Business Brokers is excited to announce the transaction of another Triangle business. This deal was led by VR Business Broker Rory McDermott.This business was an automotive dealership and service center in Wake County. It was born out of a passion for cars that turned into something more. When we met the owner he was on his second or third career, but he was ready to slow down and move to the mountains. He was making great money but he was also considering just closing down the shop because he didn’t have a buyer.He had met us through as a buyer of another business we represented, and he liked how we represented that firm so he gave us a chance to sell his firm. He was happy he hired us because we took what could have been complicated process and simplified it.We created marketing materials to attract buyers, had them sign nondisclosure agreements, and then shared an extensive report called a confidential business review to those buyers we screened and were good candidates to acquire his business.The buyer we found was from a totally different industry, but he shared our client’s passion and loved what he had built. Today the buyer and owner are working together and the owner has already established his residency in a North Carolina mountain city. Nothing makes us happier than to see our clients accomplish their goals!We had to overcome numerous hurdles in order to accomplish this deal, including the creation of a stock purchase agreement by working with qualified attorneys, a detailed inventory of the assets of the shop, inventory management, overcoming the regulatory hurdles of ensuring the buyer get the licensure, and transferring the lease by working with the landlord.In the end the deal was a success and our client’s business will continue to serve the Triangle market.We couldn’t be more excited for both the buyer and seller for this exciting transaction…

Sold! VR Business Brokers is excited to announce the successful sale of another Triangle business. Although all of the businesses we sell are meaningful, this business is extra special because it marks the transition of a four decades of history in serving a small town in an important service; the sale of flowers for special occasions. The owners of this florist started their business over 40 years ago to serve their community and they did so with care and compassion. They poured their heart into their work, and it showed, and the community supported the business. When the time came to retire, they were referred to VR Business Brokers to guide them through this important transaction. They wanted to keep the transaction confidential, ensure that their team would continue to be employed, and enable the community to have access to their service after they retired. Brian York, VR business Broker ran a process to procure and screen dozens of buyers and present offers to the owners. When he found the best offer, it made sense because it was a family who lived nearby and had similar business interests. They will keep the business in the community and continue the success that the original owners have started. Brian guided the buyers and the sellers on the journey to get the business from contract to closing using local attorneys and stood by them along the way, despite the challenges that always come up in small business transactions. In the end, the business continues under new ownership and will serve its community for many decades more. Congrats to both the buyer and the seller and this important transaction! To be our next business seller, contact us today for a confidential conversation…#Sold #Deal #SmallBusiness #CaseStudy #Raleigh #Durham #Cary #Smithfield #Clayton #Benson #Goldsboro #Florist

Sold!We are excited to announce yet another sale of a business based in the triangle.Although this business is based in the Triangle, the clients of this business are located around the world. This deal was led by VR Business Broker managing partner Neal Isaacs.This business is an IT training and certification firm which offers class vouchers as well as the classes themselves led by a team of instructors. Most of these clients of the firm were individuals seeking to further their career in information technologies and businesses seeking to improve the organizational skills of their teams.The firm also had important relationships with technology vendors, which put them in a unique place to serve a changing industry. Due to the nature and profitability of this business, we had interest from hundreds of buyers and buyer groups which sought to owner operate or add this business to their portfolio of similar businesses.We held multiple buyer owner meetings and the owner was very particular about choosing the perfect buyer to lead the team that he had built, to be successful in their new role, and to continue the legacy he had begun.We found the perfect buyer and because the owner had built a business that was not location or owner dependent, the buyer will operate the business in a synergistic means with his current business from his office in Florida.Once we went under contract with this buyer we held weekly buyer/owner meetings to ensure that both the buyer and seller where in agreement with the details of the deal and the transition, and we worked with attorneys on both sides to ensure that the deal was documented properly.Together with the buyer the owner is transitioning the business as the buyer steps into the ownership role and continues to grow the business and enjoy the cash flow that the founding owner has established.Congratulations to both of these entrepreneurs! Call us to be our next success story! Call calls are confidential...

It was an honor to represent another Triangle business owning family in the sale of their privately held franchised gym.These owners were members of the gym leading into COVID, then found the opportunity to acquire it once the founding owner was struggling to keep the doors open in 2020. They saw the opportunity and seized it, taking what the Franchisor offered and adding their own processes and new staff.Quickly, they turned it around into a cash flowing, and then absentee business, as well as a fixture of the community. It won awards and had fanatic members who lined up at 5:30a to get in when the facility opened.Then, life happened. Another business they owned blew up in a good way, and one of the spouses sought to return to mission work which was a passion before the pandemic. What little time they invested in the gym was now too much, and so they hired me to confidentially source a buyer and get the deal done.I found 180 buyers and presented numerous competing offers, but one stood out in closing capacity and in meeting the price and terms the buyers wanted. Just as importantly, these buyers met the criteria of the franchisor and the landlord. This buyer group was a family living in the community just like the selling party, and the primary driver was seeking a small business to compliment the corporate work she does in the health sciences.Together, we worked through the landlord and franchisor challenges, held numerous buyer/owner meetings, and got the deal done. The employees where notified on the day of the closing, and the seller received all cash at closing.Special thanks to the law offices of Hopler, Wilms, & Hanna PLLC and the Law Offices of Morgan Perry for representing the buyer and seller, and the offices of Kate Smith CPA for providing great accounting services.Last but not least, congrats to both the business owners who acquired, recovered, and sold the business and the buyers who will take it to the next level!

We're honored to serve another business owner in the sale of a privately held business. This business was a second-generation owned sale of a forty-year-old bar and grill. The decision to sell the bar and grill was not one made lightly. There were countless nights spent contemplating the legacy and consideration of the dreams yet to be pursued. Ultimately, it was decided that it was time to pass the torch, to allow another passionate entrepreneur to carry on the tradition and weave their own tales of camaraderie. It was sold to a young business partnership with a fire in their hearts and a vision for the future. They were eager to bring their unique flair to the bar and grill, breathing new life into the familiar walls while respecting its rich history. This is what we do every day for our seller clients and future owners of businesses. We love what we do. Congrats to both the buyer and seller on this business transaction! If you would like to sell your business contact us today to start the conversation, all calls are confidential.

I was honored to serve another business owner in the sale of a privately held business.This business was a retirement sale of a seven year old firm which was a post career entrepreneurial journey that turned into a marketable asset. It's not uncommon for me to meet business owners who work a full career, retire and get board... Then start a new hustle that turns into a whole new business and need to retire again! This was a passion project that got big.When it was time to slow down this owner was referred to me for Seller Representation and I provided a valuation, confidential marketing plan, go to market strategy, deal negotiations, diligence support, and ultimately helped to facilitate a closing with a qualified business attorney.The buyer was the perfect fit who brought a complimentary business with similar clients and "upped her game" into this larger scale business. She jumped ahead in her career and was very excited to take the helm of this thriving enterprise and the team that the founding owner had created.Congrats to both the buyer and seller on this business transaction!If you would like to sell your business contact me today to start the conversation, all calls are confidential.

I was honored to convert another business owner to a business seller along with the help of my co-seller's representative Rory McDermott.This business was a 5K square foot three story steak and seafood restaurant in Vance county. The husband and wife team had saved the restaurant from a state of disrepair, survived a devastating fire and COVID, and had built the restaurant into a thriving community center before deciding to relocate to the coast to slow things down.As their seller representatives, we helped them price and market the business confidentially, isolate and screen dozens of buyers, and ultimately negotiate with the mayor of the town the restaurant resided in to help transfer a critical lease over to the new buyer.The new buyer came from a busy city in the north to a small town in Vance county to make his move into large restaurant ownership, and he brought big plans to continue the hometown feel and bring new ideas to the business.It was an honor to serve these impressive entrepreneurs and to see where the business will go next. Congrats to all of those involved, and special thanks to Peter Hanna at Hopler, Wilms, & Hanna and Andrew Wheeler at Bank of Oak Ridge for transaction representation and SBA financing for this unique deal!

SOLD | Case Study | Two Location Coffee HouseVR Business Brokers is honored to serve another Triangle Business Owner in the sale of their privately held business.This transaction was a two location coffee house brand and I worked with VR Business Broker Rory McDermott to help accomplish our client's sale...The owner is a white collar professional whose work/life balance was becoming unbalanced as his second location created more of a work load than he preferred to manage as his full time career also developed.For this reason he made the decision to sell both Triangle locations with VR Business Brokers.Rory McDermott created the confidential marketing documents and generated over 100 interested buyers which he screened, showed both facilities, and ultimately guided one to the closing table. This was a complicated transaction due to the two leases and multiple partners on the buy side. Rory worked closely with both buy and sell side attorneys as well as the leasing property managers to manage the project to it's fruition.We accomplished all of this in around four months which is less than half of the industry average for small business transactions.Congratulations to the business owners who are now business sellers, to the business buyers who have two new locations, leases, and a team of new employees for a successful transaction!If YOU have a business in the NC Triangle market that you'd like to value or sell, contact our team today for great results like these clients!

It was an honor to serve another NC Triangle business owner as a seller representative for a privately held franchised restaurant in Raleigh, NC. This owner acquired the business not long before the pandemic and adapted with take out, delivery, and third party delivery services. While he was able to run the business successfully, he wanted to spend more time with his family and friends back in Chicago, Illinois.He hired another broker but unfortunately was unable to achieve his goal, resulting in months of stress, a failed sale, and a strained relationship with his franchisor. Next he hired Neal Isaacs, CBI, MBA, CM&AP, and was connected with a business buying team and transaction agents to consumate the transaction.Neal was able to source the perfect buyers through rigorous marketing efforts... After screening more than sixty buyers for financial wherewithal and compatibility for the acquisition, he found two buyer who brought the perfect blend of finance and operations skills along with a deep bench of experience in business scaling and exit strategy. But there was a lot of work to get to the closing table.With the help of a transaction team of attorneys, accountants, and bankers we overcame the demands of an out of state landlord to achieve a lease assignment and extension, an asset purchase agreement was negotiated along with accompanying ancillary documents, and an SBA loan was achieved after even more hoops where jumped through. The strength of the buyers contributed to our success.The buyers and seller were updated regularly and Neal facilitated multiple buyer/owner meetings to continue the process of the deal, and it was consummated with all of the necessary licensing and vendors needed for a smooth transition with the help of the franchisor and many others.In the end, the business buyers acquired a great new business to take to the next level, and Neal's client could start the next chapter in his entrepreneurial journey.

Neal Isaacs, MBA, CBI, CM&AP was referred by the franchisor's attorney to serve the owner of a six unit franchise of well know salons. Similar to Great Clips, Cost Cutters, SuperCuts; this business owner was a franchisee with six units of one of these well know brands, and this was a partial retirement sale for her and her husband.While she had sold several of her other locations to her employees in the past, she sought a broker to sell the last six to a single buyer. She knew she could sell them off one at a time, but she wanted a professional to manage the process and bring in as many buyers as possible to get the job done.Neal was able to run a confidential process, and bring multiple buyers to the table. While some were in the industry, the ultimate buyer was not in the hair business, and doesn't even get haircuts himself! Nonetheless, this business buyer and his wife owned multiple car washes, and brought the experience and people skills to pick up the franchise model and run it with their other businesses. This deal included a comprehensive valuation and go to market strategy, creation of a Confidential Business Review, the assignment of six separate leases, and the creation of numerous closing documents. Neal held weekly buyer and owner meetings by Zoom to get through diligence and close the deal, and the buyer and seller worked together to make the announcements to dozens of salon professionals and managers.It was an emotional process for the owner as she handed off the team she had worked so hard to build and maintain through COVID to the new owners of her businesses, and she felt very confident that Neal had found the right family to continue the business she had built.For Neal Isaacs, it was a very enjoyable process to help one owner retire, and help another buyer family continue to grow their business.Call Neal Isaacs, MBA, CBI, CM&AP to sell your cash flowing business for the best price using his proven process!

I'm honored to serve another business owner to sell her Triangle business!This business is an absentee operated retailer and the owner lives in FL, operates several others, and has a full career as an educator. The arrangement to operate this store worked until a family situation evolved made it harder to visit the Triangle market to check on her store.This owner hired me to confidentially market, attract and screen buyers, and ultimately sell her business. We accomplished this sale in under four months, and found a buyer to bring all cash and close within a month of finding him.The buyer has another business but was looking to expand into retail, which he had experience with from a previous career. The buyer was the perfect fit, and together we navigated the franchise and lease assignments with national organizations and multiple stakeholders.In the end, it was a pleasure to help serve this owner and work with her buyer, to get this deal done 100% virtually, and to accomplish the goals of two individuals at different entrepreneurial stages in their lives.Special thanks to the Frachisor for a supportive Franchise assignment, the general manager at the mall the business is located in for the lease assignment, and Peter Hanna for acting as transaction representation for the legal components of this deal.#DoneDeal #Sold #SmallBusiness #Transaction #Retail #Franchise

I've been elected to serve on the International Business Broker Association's Board of Governors. As a part of this work, we review policies to ensure that the Association's executive director and team best serve the 3K+ members of the Association.

I conduct direct outreach and screening of prospective guests for the IBBA's official podcast IBBA Insights.

Serving multiple committees including the IBBA Insights Committee and the Steps To Success committee to add membership value, create content including white papers, and provide answers to business brokers considering career paths in business brokerage.

I served on the BBB's Eastern NC Board whose mission is BBB’s mission is to be the leader in advancing marketplace trust. This was achieved through setting standards for marketplace trust, encouraging and supporting best practices by engaging with and educating consumers and businesses, celebrating marketplace role models, and creating a community of trustworthy businesses and charities.

I served on the board of the CVBBA and as President in 2020 in order to help other business brokers and the business broker community. The Carolinas - Virginia Business Brokers Association is a non-profit corporation created to unite those engaged in the sale of business opportunities in North Carolina, South Carolina and Virginia for the following purposes:- Maximize and enhance public awareness of the business transition profession and association members.- Promote the professional development of members through educational opportunities and networking.- Support an efficient market for the transfer of business ownership.- Develop and encourage a code of ethics among its members to set high standards of conduct and professionalism.

2020 was a challenging but rewarding year to lead the CVBBA board and the best business brokers and deal partners in the North Carolina, South Carolina, and Virginia markets through the COVID-19 Pandemic.

B2B advisory services for business owners. Partner with marketing agencies for Fortune 1000 firms.♦ Clients included The Wendy's Company, CEI The Digital Office, Subway, Habitat for Humanity, Carolina Pottery, and Crossroads Automotive Group.