Articles
VRG assists local law firm with appraisal
San Diego, CA, United States– Vanguard Resource Group, a full service business brokerage and appraisal firm, recently performed an appraisal for a prominent local law firm. The law firm, which prefers not to be identified, needed a second opinion of value for a business that was part of a divorce mediation. “We were asked if […]
VRG completes sale of Cal’s Auto to industry buyer
Escondido, CA, United States– Vanguard Resource Group, a full service business brokerage and appraisal firm, recently facilitated the sale of a local auto repair facility to an industry buyer. Cal’s Auto, based in Escondido California, had a great reputation in the north San Diego inland area. But Cal was looking to retire and had tried […]
VRG closes sale of trailer dealership
San Diego, CA, United States– Vanguard Resource Group is pleased to announce the successful sale of a prominent southern California trailer dealership. Vanguard Resource Group represented both the buyer and seller in the transaction. The seller is a well-known retailer of utility, horse, construction, and specialty trailers serving all of southern California and much of […]
United Fastener sold to private equity firm
San Diego, CA, United States– Vanguard Resource Group, a full service business brokerage and appraisal firm, recently facilitated the sale of a local industrial fastener company to a Canadian private equity firm. When United Fastener, a San Diego based distributor of fasteners, decided to sell, they engaged Vanguard Resource Group to sell their business. “It’s […]
Nannell’s and Food Factory sold to owner/operators
Rancho Bernardo, CA & Lemon Grove, CA. United States– Vanguard Resource Group, a full service business brokerage and appraisal firm, recently sold two small “main street” businesses to local owner/operators Nannell’s Florist, based in the Mercado shopping center in Rancho Bernardo, was a long-time favorite for many north county inland residents. But when the seller […]
Mango Mango’s signs lease in La Jolla
La Jolla, California. United States– Vanguard Resource Group, a full service business brokerage, commercial leasing and appraisal firm, recently represented the tenant, Mango Mango’s in a new lease. Mango Mango’s is a new Mexican juice and sandwich concept. They will occupy approximately 1100 square feet at 627 Pearl Avenue, La Jolla California. Jose Bravo, Vanguard […]
Do You Have an Exit Plan?
“Exit strategies may allow you to get out before the bottom falls out of your industry. Well-planned exits allow you to get a better price for your business.” From: Selling Your Business by Russ Robb, published by Adams Media Corporation Whether you plan to sell out in one year, five years, or never, you need […]
The Devil May Be in the Details
When the sale of a business falls apart, everyone involved in the transaction is disappointed – usually. Sometimes the reasons are insurmountable, and other times they are minuscule – even personal. Some intermediaries report a closure rate of 80 percent; others say it is even lower. Still other intermediaries claim to close 80 percent or higher. When asked how, this last […]
Family Businesses
A recent study revealed that only about 28 percent of family businesses have developed a succession plan. Here are a few tips for family-owned businesses to ponder when considering selling the business: You may have to consider a lower price if maintaining jobs for family members is important. Make sure that your legal and accounting representatives have “deal” experience. […]
Two Similar Companies ~ Big Difference in Value
Consider two different companies in virtually the same industry. Both companies have an EBITDA of $6 million – but, they have very different valuations. One is valued at five times EBITDA, pricing it at $30 million. The other is valued at seven times EBITDA, making it $42 million. What’s the difference? One can look at the usual checklist for […]