VR Business Brokers of Fort Worth/Arlington Facilitates Sale of Hospitality Recruiting Co.
January 15, 2010 - VR Business Brokers of Fort Worth/Arlington, the newest entry into the mergers and acquisitions business in the Dallas/Fort Worth Metroplex, has recently facilitated the strategic sale of the Gecko Hospitality franchise in North Texas.
Located in Lewisville, this Gecko Hospitality franchise is part of the leading management recruiting and placement firm for the hospitality industry.
Raj Croager, CEO of VR Business Brokers of Fort Worth/Arlington, represented the seller throughout the transaction.
“Often the biggest challenge for buyers, sellers and brokers of small businesses is to efficiently find each other and close the deal,” says Croager, who opened the Tarrant County-based VR office in 2009. “Enlisting knowledgeable professionals to guide you through the business buy/sell process can impact the price you pay or receive for the business as well as the potential liabilities on both sides of the deal.”
VR Business Brokers of Fort Worth/Arlington offers privately held businesses, valued from $25,000 up to $20 million, advisory services including exit strategy planning, initial valuation, market analysis, packaging and marketing of the business opportunity, qualification of prospective purchasers, negotiation, facilitation of due diligence and post closing transition planning.
“VR’s ability to fashion solutions outside the box made this sale possible,” said Kevin Phillips, franchisee with Gecko Hospitality. “Everyone walked away from the sale with more than they initially hoped to get - an amazing feat in any economy.”
About VR Business Brokers of Fort Worth/Arlington
VR Business Brokers of Fort Worth/Arlington, is part of VR, the world’s premier business intermediary firm. With a combination of global strength and local experience, VR’s 30 years of successful business sales through Valued Representation, is the reason more and more business buyers and sellers demand our proven skills and resources to help them succeed in an increasingly complex market. The firm specializes in the sale of privately held companies and offers a multi-service approach to matching buyers’ interests, goals and desires with the right businesses. For more information about VR Business Brokers of Fort Worth/Arlington, please call 817.471.1300 or visit www.vrmcm.com.