VR Business Sales has completed the sale of West Wind Design& Display Specialty Ltd., a reputable custom sign and display design business located in Calgary, AB.
HOW IT HAPPENED
For two year prior to working with VR, the owner had unsuccessfully attempted to sell the business through two other business brokers. Once VR began marketing the business, we saw many prospective buyers come forth. The business received a total of 20 inquiries of which 7 were shortlisted, and 2 offers were received.
The new owner of Westwind is a Calgary based lawyer who may not have direct experience in the custom sign and display design industry, but has an entrepreneurial streak and exceptional business management skills acquired through his other business interests. By choosing to sell the business through an experienced intermediary such as VR with an established marketing process, Westwind was sold for over 90% of the asking price.
Summary of Facts
Westwind Design & Display Specialty Ltd.
Printing Services – Commercial & Graphic Arts
Number of Prospective buyers
Number of Qualified buyers