Atlanta, GA (1888PressRelease)
March 28, 2007 - Atlanta, GA - VR Business Brokers - VR Mergers & Acquisitions - www.vrnatlanta.com
After years of senior roles in corporate America and selling their own business, Malek & Yasmine Jandali decided to address specific needs of the business community in Atlanta. A service gap existed for entrepreneurs interested in selling or buying small and mid-sized businesses in Georgia.
Having personally experienced this lack of service, the Jandalis sought to bring the innovative and proven methodologies of VR to the Atlanta area.
“Buying or selling a business, or going through a merger and acquisition deal, is one of the most important decisions you’ll make in your professional career, and you need to have the ‘street knowledge’ that VR Atlanta offers,” Jandali says. In 2006, Malek received the Certified M&A Advisor designation from the Chicago based Alliance of Mergers & Acquisitions Advisors. There are less than 300 professionals in the world with this CM&AA designation. Yasmine also earned accolades on the National Victory Register for being one of the top-producing intermediaries in the country.
When business owners think about selling their business, there are normally more questions than answers. The decision to sell is never easy.
It is highly personal and takes much thought, stirs emotions and uncovers many questions. “The most frequently asked question by sellers is, ‘What is my business worth?’ Small businesses sell for a multiple of their cash flow. The definition of cash flow with small businesses is EBITDA (earnings before interest, taxes, depreciation and amortization) plus owner's compensation,” Malek explains.
“Timing is critical, but is there a wrong time to sell? No,” says Malek. “The average small business changes hands every five to seven years because of burnout, retirement, illness, partnership disputes and relocation. The biggest misconception is that the owner is selling because something is wrong. People change businesses just like people change jobs. The best time to sell is when your business is doing well,” Malek says.
VR navigates each step of the way so owners can focus on running the business until the right qualified buyer is found. “Good businesses always sell, but good buyers don’t always buy, so there is no buyer shortage,” states Yasmine.
“We focus on the needs of our clients by providing confidential and professional representation to business owners. We have consistently met or exceeded the expectations of business owners by protecting their confidentiality, thoroughly qualifying buyers and properly structuring transactions. The support of the nationwide VR network is invaluable, as is the hard work and dedication of our experienced staff. We are grateful for our past successes and look forward to continued future successes,” the Jandalis say.
About VR Business Brokers Atlanta:
VR Atlanta is on of top offices in the country managed by Malek Jandali, CEO and Yasmine Jandali, Managing Director. VR Business Brokers offers the personal attention of a local branch with seasoned professionals along with the resources of a large organization. Since 1979, VR has been the industry leader and, with sale of over 90,000 businesses, has the distinction of having sold more business in North America than anyone else. Our Atlanta office provides the marketing required to get the job done and the confidentiality that allows owners to continue to focus on the business. We are uniquely positioned to locate the appropriate buyers and meet criteria and cash-flow objectives.
VR Mergers & Acquisitions
Telephone: 770-814-4466
Website:
www.vrnatlanta.com ###
