Since 2001 Vested Business Brokers has helped people buy and sell profitable, privately owned businesses. In that time Vested has also helped people succeed as business brokers by offering a top-notch broker training and coaching program.
In their position as business broker trainers they are often ask about the qualities it takes to become a successful business broker. In this video, Vested’s owner and CEO, Nathan Goldstein answers that question…
What type of qualities does a person need to have to be a successful business broker?
First, you need to be honest, hard working. You need to have the ability to focus. You literally have to be able to work on your own. Sometimes being a business broker can be lonely. You do prospecting, which I equate to being like a farmer. Sometimes you’re out in the field by yourself prospecting, and you are talking to people and hand out cards and brochures, and you tell people what you do for a living. Then all of a sudden, you get a seller who wants to sell and then you jump into broker gear. This is just what you do and how you do it.
We, at Vested Business Brokers are going to teach you how to do it through our sophisticated broker training platform which you will access from the comforts of your own home – at your own pace.
The best single aspect of being a business broker is the freedom that it gives you, the ability to work on your own schedule, the ability to have as much time that you need off when you need it. You work around your own schedule. It’s a great profession. I know I’ve been doing it for twelve years and I wake up every single morning knowing I work for a start up. I work every single day and I love it. I hope you love it as well. If you have any questions about being a business broker, don’t hesitate to call our career counselors. They’re waiting for you st www.vestedrecruting.com
When buying a business people often ask when is the right time to speak with the seller of the business. At Vested Business Brokers we believe that a potential business buyer should ALWAYS take advantage of the opportunity to speak to the owner of any business he is interested in…and to do it as soon in the business buying process as possible.
The process of buying a business is an education process. Not only should you, the potential buyer, learn all you can about the financial and operational details surrounding the business you’re interested in…you should also take every opportunity to learn all you can about the industry that the business you’re looking at is a part of.
Most business sellers will be more than happy to share their experience and insights with you before you buy their business. Let’s face it, they want you to be successful – especially when they are helping you finance the purchase of their business.
Before giving a buyer the chance to speak to the seller, our business brokers at Vested are trained to “qualify” each and every buyer to make sure they are not only ready, willing and able to buy the business in question, we also profile our buyers to make sure the business they are looking at is the “right fit” for what they are looking for.
By doing this we save time and effort for both our seller and our buyer clients.
To speak with a Vested Business Broker call us at (877) 735-5224.
When buying a business it is important to understand that some businesses for sale require the owner to be involved in the day to day operations while others can be run on what is called an “absentee” basis. In this video owner and CEO of Vested Business Brokers, Nathan Goldstein, explains the benefits of buying and owning and absentee run business…
Absentee owned businesses are great for a professional who wants to earn additional income by acquiring a business that will produce profit every single day while currently working their regular job, or traveling, etc.
Almost any business can be run absentee, however, you will find that most often absentee businesses for sale will be businesses like:
At Vested we happen to have an internet company that is a database management businesses. The person who owns it nets approximately $800,000 a year and it runs completely absentee. In fact, his only real activity connected to this business is transferring the money he earns through it from one account to another.
Now most absentee run businesses for sale are not as easy as that. In truth, with most of these types of business you wouldn’t physically have to be there, but you would be responsible for certain things that would require “work”. For example, some people who own absentee based businesses will do the following:
the ordering for the business,
managing the schedule for the business,
Other than those types of responsibilities, they are able to have the rest of their business run “absentee”.
If you want to learn more about absentee run businesses, don’t hesitate to call your Vested Broker. They’re there to help you. you can reach us at (877) 735-5224.
What’s available here is a very unique BBQ and Deli take-out business in a fantastic location with a very heavy traffic flow. This is a great opportunity for a motivated person. The current owner has built a great BBQ place and added hot and cold deli sandwiches to offer something for everyone.
This establishment has received wonderful reviews and the reputation is growing. Catering offers a huge opportunity for continued growth. The owner is looking for the right person to take the location to the next level. The place has the look and feel of something that can grow in a couple of locations or be franchised. Priced right for quick sale. This business is a MUST SEE if you’ve been looking to get into the food/catering business.
Non-Confidential Financial Information
Total Revenues: $234,000
Financing: 62,000 down and Negotiable
Cash Flow: $54,700
Want more information about this great business opportunity? Contact Vested Business Brokers today, at (877) 735-5224.
The restaurant seats 23 inside plus 4 outside. The entire building was renovated only 6 years ago. The premises include:a full basement. Major equipment includes, the following:
12 pie Bari oven
6 burner stove
60 quart mixer and integrated point of sale system1 six foot hood
1 ten foot hood
a double fryer
a 12 inch grill and programmable
This is a Strong business established for 3 years which includes:
200 deliveries per week
20% lunch and 80% dinner
70% pizza and
The business is part of a cooperative group of pizzerias, so this is an excellent opportunity for someone with good business skills to step in and take over a proven business with the strong support of the cooperative group in terms of food cost management, menu organization, standardized food preparation, coordinated marketing and shared advertising. This is NOT a franchise, so the cooperative fee is minimal.
SELLER FINANCING AVAILABLE FOR A QUALIFIED BUYER. Make your inquiry now to learn the exciting details!
Non-Confidential Financial Information
Total Revenues: $550,000
Financing: 112,500 down and 112,499 @6.5% over 5 years
Cash Flow: $142,023
Want more information about this great business opportunity? Contact Vested Business Brokers today at (877) 735-5224.