Founded in 1979 in Fort Lauderdale, Florida, VR Business Sales/Mergers & Acquisitions (VR) has built a reputation as a pioneer in the business brokerage industry. From its inception, the company has been focused on facilitating the sale and transfer of privately held businesses.

Headquartered in the same city where it was founded, VR began franchising in its inaugural year, quickly expanding its footprint across the United States and internationally into markets such as Canada and Chile.

VR specializes in guiding clients through the sale or acquisition of small to mid-market businesses, typically ranging in value from $150,000 to $70 million. Their services include business valuations, mergers and acquisitions advisory, and consulting.

These offerings are tailored to meet the needs of both individual entrepreneurs and larger institutional clients. VR positions itself as a professional, client-centered organization committed to delivering comprehensive support throughout every stage of the transaction process.

What distinguishes VR from many of its competitors is its low overhead model for franchisees and a strong emphasis on ethics and professionalism. Unlike franchises that require substantial investments in equipment or inventory, VR allows entrepreneurs to enter the business brokerage sector without high startup costs.

Training

VR Business Sales, Mergers & Acquisitions provides a comprehensive, multi-phase training program for its franchisees to ensure thorough preparation and ongoing support in operating their business.

1. Initial Training Program: This mandatory program includes a 10-day blended virtual study module featuring at least 10 courses from the VR® Master Business Intermediary Academy, followed by a 2-day, 25 mini-webinar session focused on the franchisee's custom website, and concludes with a 5-day in-person or virtual corporate training session for up to two trainees.
2. Re-Training for Unsuccessful Completion: If trainees fail to complete the initial training satisfactorily, VR may offer retraining for an additional fee or terminate the agreement entirely.
3. Additional Training: VR may require periodic continuing education or additional training for franchisees, their owners, managers, and staff. These are conducted at VR’s discretion, and attendance may be mandatory or optional depending on the circumstances.

Territory Protection

VR Business Sales, Mergers & Acquisitions offers its franchisees a form of territory protection by granting an exclusive geographic area known as the “Territory.” As long as the franchisee is in full compliance with the franchise agreement, the franchisor will not establish or authorize another VR® Office to be physically located within this defined Territory.

Typically, this Territory is outlined in Schedule A of the agreement and may span a 4-mile driving radius around the franchisee’s office. However, the exclusivity is limited. VR retains the right to engage in activities such as national advertising, e-commerce, and online lead generation that may reach into any franchisee’s Territory.

Additionally, the franchisor may reduce or eliminate a franchisee’s exclusive rights if the franchisee fails to meet performance standards or breaches the agreement, as determined at the franchisor's sole discretion.