VR Raleigh, NC

Business owners often seek to sell after achieving their best year, but this can be risky. A strong year can raise expectations for the next, and any decline may lead to a reduced business valuation. External factors and personal motivations, like burnout or family pressures, can further complicate ownership. Recognizing when to exit while at peak performance can allow owners to capitalize on their success and reinvest in new ventures, making it a strategic decision rather than a last resort.

Most business buyers, often first-timers, need to grasp key aspects of commercial leases, which can significantly impact both buyers and sellers. Leases can be fixed (gross) or percentage-based, affecting financial predictability. Rent typically escalates over time, often around 3%, and terms usually span 3-5 years, sometimes longer with options to renew. Additionally, Common Area Maintenance charges (CAMs) cover shared services and can fluctuate.