SELLING A BUSINESS?
The Current Market as at November 2020
If you are thinking about selling your business or franchise in 2020 it is important to understand the current market.
Buyers are Back in QLD! The initial shock of COVID-19 meant many buyers left the market temporarily as they worked through what this meant for their own situation. In early May 2020 they reappeared, and very motivated, as employment options become more uncertain. In fact buyer demand at the moment is surpassing previous months prior to COVID19 business closures. Bank finance is cheaper and buyers are wanting to secure their own future.
Buyers are not only more active again they are putting offers in on Businesses and moving to Contract quickly.
We need more listings to offer our buyers!
Do you have a business you want to sell? We are professional Business Brokers focused 100% on selling businesses – that’s all we do. We are keen to have a chat with you today about how we can help.
What will the Business Broker need for the Market Appraisal?
Once you decide you would like to proceed with a market appraisal our Business Broker will help you to arrange the details. Typically we will need some information from you on your business or franchise. This will include financial reports (P&L’s), lease and payroll type information (where applicable) to complete this process.
Need some tips on SELLING a Business in Australia?
If you are not quite ready to sell and need tips on how to prepare your business for sale Contact Us Today. Mick Craig is a highly qualified accredited Business Broker and happy to help. Mick and his team can review the data you have available, offer tips on how to present your data to a buyer, offer guidance on timing based on your current information and chat about different ways to sell your business.
Own a Franchise?
We specialise in Franchise Sales, with over 27 years experience in the industry and 600+ Businesses Sold to date! Furthermore we understand the complexity involved in working with your Franchisor to transact the sale. We have sold many different brands within the franchise industry within both the food and non-food business sectors.
Want to see what other Business Owners say about us?
Review Our Testimonials now.
Where are we licensed to sell?
I am the Principal Agent of our Business brokerage and licensed to sell businesses in Queensland and New South Wales. I am a Business Broker predominantly for Brisbane, Ipswich, Towoomba and Gold Coast down to Northern NSW. If you need a Business Broker outside of QLD and Northern NSW, we have access to a national network of business and franchise brokers and would be happy to refer you and assist in anyway.