Automotive
Orillia Ontario Canada
263 Leads
5 months
The Challenge
Despite being listed about 30% higher than the franchisor’s guidance, we stood by our valuation and attracted six qualified offers. Because the new owner had to be approved by Krown head office, we coordinated closely with them and conducted thorough background and credit checks to ensure a strong fit. Financing moved smoothly due to our buyer vetting and deposit process, and the selected buyer secured funding based on our valuation.
The Strategy
We focused on generating strong buyer interest and managing leads through a structured vetting process, which resulted in six qualified offers. Because demand for well-run businesses in this dealer network was high, we maintained leverage throughout negotiations, ensuring our client remained in a position of strength and secured the right buyer at the right price.
The Result
Qualified Leads: 263
Offers Received: 6
Final Price: $699, 000
Closing Timeline: 3 months after offer accepted
Customer Testimonial
"Right from the initial call with Brad I felt comfortable discussing the sale of my business. I had another valuation from a different agency that I felt was low. VBS valuation came in much higher and then decided to use their services. Almost immediately there were interested buyers and that relayed to me that their reach was quite extensive. Once there was a serious buyer the co-ordination was managed extremely well by the VBS team to ensure that the flow of communication and the process kept moving ahead between both parties. The selling price was very close to the valuation and we are extremely happy to have used their service." - Don Andrychuk
Buyer Testimonial
"Thank you so much for helping get this all done. You were very responsive and helpful throughout. We have already exchanged keys and training will start on Monday."