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Old 05-03-2008, 03:15 PM
 
Location: In my view finder.....
8,520 posts, read 14,578,126 times
Reputation: 8079

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Ok, not really. But some of you may have read my market research thread about my business broker business. This is a continued discussion. One thing I notice about business brokers is, they(try to) sell every and any business a business owner wants to sell. Many times the business should not be sold, not every business is worth buying or selling. One thing I want to do is become known or "famous" in my local area for selling a certain kind of business.

I know a guy the only sells Dental practices and I also know a guy that sells Gas stations only, they are known("famous") as the specialsts and therefore they set themselves apart from other business brokers that do not have a "specialty". I want to have a specialty as well but I am unsure what business to sell. I want to sell business that people actually want to buy and not "junck". I will be selling businesses with $2mill to $10mill in anual revs.



Any advice would also be appreciated




Thanks

CR.
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Old 05-03-2008, 10:50 PM
 
Location: Boise, ID
1,356 posts, read 5,663,746 times
Reputation: 914
It seems to me like there could be a growing market for businesses that are relocatable. You could specialize in finding a business that someone could relocate to where the live, possibly to merge with an existing business.

That might also give you the opportunity to help with the transition. A service like that could be very valuable, especially if the buyer has never purchased a business before.

If you wanted to specialize even further you could work on finding businesses that would complement and expand a company's current business. That way you could have clients that you could assist several times as their business grew by acquisition.
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Old 05-04-2008, 12:09 AM
 
5,273 posts, read 13,037,037 times
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How about motels or restaurants?

Or, become a franchise specialist and help people start their own restaurant chains. All chains (be they restaurants or other types of mall stores) start with one and go from there.
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Old 05-04-2008, 06:46 AM
 
24,839 posts, read 33,923,438 times
Reputation: 11500
Oil drilling rigs in the US are OLD! We will start more drilling, just a matter of time. Start building them.
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Old 05-06-2008, 10:12 AM
 
Location: In my view finder.....
8,520 posts, read 14,578,126 times
Reputation: 8079
Thanks to all that responded.
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