MCKINNEY, Texas--(BUSINESS WIRE)-- After 20 years in senior management with FASTSIGNS International, Inc., including nearly four years as its president, Larry Lane this week opened a McKinney office of VR Business Brokers, an international business intermediary firm that facilitates the sale and purchase of small to mid-sized privately held businesses in a variety of industries.
The new VR Business Brokers office is at 321 N. Central Expressway, Suite 350, in McKinney.
"I have two decades of experience of working with small business owners through all stages," said Lane. "I've helped people get into a business, manage the business and then exit the business at the right time. I understand small business operations from both the franchisor and franchisee viewpoints, and from both buyer's and seller's perspectives."
Based in Fort Lauderdale, FL, VR Business Brokers is a 30-year-old franchised business intermediary company with 125 offices worldwide and one of the leading sellers of businesses in the world. Lane's new office will work with privately held businesses, typically valued under $5 million, whose owners are ready to sell their companies, as well as with prospective buyers. "We work with the owner throughout all stages of the transaction, from initial research to the structuring of the deal, to helping to attract the right buyer for the business."
While at FASTSIGNS, Lane helped to build the international sign and graphics franchisor's network of 500 centers. He joined the company in 1988 as a field service representative, working directly with franchisees. From 1989 through 2005, Lane held various management positions, including vice president of international development, vice president of franchise development and senior vice president of franchise relations and development. In January 2006, he became the company's president and held that position until he opened the VR office in McKinney.
Due to his extensive experience in franchising, Lane also plans to work with franchisors with Dallas/Fort Worth area franchisees that are ready to sell.
Lane lives in Dallas with his wife, Brenda. He is a member of the McKinney Chamber of Commerce, the Texas Association of Business Brokers, and the International Business Brokers Association.