Blog
Valuing the Business: Some Difficult Issues
Business valuations are almost always difficult and often complex. A valuation is also frequently subject to the judgment of the person conducting it. In addition, the person conducting the valuation must assume that the information furnished to him or her is accurate. Here are some issues that must be considered when arriving at a value […]
Considering Selling? Some Important Questions
Some years ago, when Ted Kennedy was running for president of the United States, a commentator asked him why he wanted to be president. Senator Kennedy stumbled through his answer, almost ending his presidential run. Business owners, when asked questions by potential buyers, need to be prepared to provide forthright answers without stumbling. Here are […]
Is Your “Normalized” P&L Statement Normal?
Normalized Financial Statements – Statements that have been adjusted for items not representative of the current status of the business. Normalizing statements could include such adjustments as a non-recurring event, such as attorney fees expended in litigation. Another non-recurring event might be a plant closing or adjustments of abnormal depreciation. Sometimes, owner’s compensation and benefits […]
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 […]