The Selling Process

VR has a proven step process to selling a business. However, this is not a one-sided process. Sellers must be able to cooperate to the fullest extent if we are to get their business sold. Although VR provides the bulk of the work during the process, Sellers will have to be a little proactive, but not as proactive as if they were a for-sale-by-owner (FSBO).

The selling process begins when the sellers are able to commit to VR by selling their business at terms and price consistent with the marketplace. Terms and price must also be consistent with all necessary documentation that is required for the evaluation of the sale. We do not ask much from our sellers because VR takes care of the rest.

During the process, VR will produce the packaging, advertising, buyer screening and introduction of sale to buyers. But we have not become the best brokerage in Hawaii because we stop our services there. We also arrange meetings between buyer and seller, provide financial assistance, offer to purchase assistance, counter offer  (if needed) guidance, handle due diligence from beginning to end, assist new buyer(s) in obtaining lease assignment / building sale, note assumption and remove contingencies on both parties.

Towards the end of the process, we provide closing preparations to make sure everything is in order in the finals days before Closing and assist with counting of inventory. We then having both parties attend closing to make sure the change of money, title and possession of business exchanges properly.

With the proper planning and expertise that VR provides, sellers can look forward to a seamless selling process.