Understanding your objectives as a business owner and determining your businesses market value.
We educate ourselves on your business’s history and daily operations while compiling financial data, lease information, plant and equipment lists, and identifying growth areas.
Present your business in the best light through marketing materials, listing services, and networking within our industry connections
We will assist in helping you evaluate each offer based on price, terms, contingencies and financing options.
We act as a central liaison, facilitating communication between both parties and their legal representation involved in the transaction.
Once settlement has occurred, your broker plays a crucial role in facilitating a seamless transition phase for both the buyer and the seller
Buying an established business ideally provides benefits like a loyal customer base, reliable suppliers, experienced staff, well-established processes, and positive cash flow.
Connect with us, your local business broker, to assist in finding the ideal business opportunity.
We always recommend you engage your accountant and/or lawyer to assist you in conducting due diligence. Inspection of the business is advised at this stage.
Once you've completed due diligence on the business and decided to proceed with the purchase, you'll need to submit a written offer.
A purchase price and terms have been agreed on, the seller’s solicitor will begin drafting the contract for sale of a business. Now it’s time to get your finance finalised.
For a seamless transition, we will recommend you begin working in your new business alongside the current owner one week before settlement date.
A business broker helps facilitate the sale of businesses. This includes appraising businesses, marketing them to potential buyers, and negotiating the sale terms.
You should consider selling your business when it is profitable, has sustainable operations, and is appealing to potential buyers in the market.
Commission fees vary depending on the size and complexity of the business being sold, generally it is a percentage of the total sale price as well as an upfront marketing fee. The structure of the fees is influenced by the value of the business being sold as well as the work required to sell the business.
The time to sell a business can vary widely based on factors such as market conditions, the type of business, and its size. It can range from a few months to over a year.
Business appraisal is based on various factors including financial performance, market conditions, industry trends, assets, goodwill, and growth potential. Brokers use these factors to arrive at a fair market asking price.
Yes, sharing financial information is essential to demonstrate the business’s profitability and justify its valuation. This is done under strict confidentiality agreements to protect sensitive data.
Your broker will help evaluate each offer based on price, terms, financing, and the buyer’s qualifications. They’ll negotiate on your behalf to secure the best deal.
While it’s not mandatory, using a business broker can significantly streamline the process, ensure confidentiality, and maximize the sale price by leveraging their expertise and network.
Confidentiality is critical in business sales. Brokers take steps to ensure that sensitive information is disclosed only to qualified buyers who have signed a confidentiality agreement.
Typical documents include financial statements, lease agreements, list of plant and equipment to be sold with your business, stock levels and any intellectual property documentation. Your broker will guide you through preparing these.
Prepare by ensuring your financial records are in order, identifying potential improvements, and addressing any legal or operational issues. A broker can provide a checklist and recommendations.
Yes, partial sales or selling a percentage stake (equity sale) are possible. This can be structured in various ways depending on your goals and the buyer’s interests.
Tax implications vary depending on factors like your business structure and how the sale proceeds are structured (e.g., asset sale vs. share sale). It’s advisable to consult with a tax advisor.
Business brokers have networks of potential buyers and use various marketing strategies, including online listings, industry publications, and direct outreach to qualified investors.
Yes, it’s crucial to maintain business operations to ensure its ongoing profitability and attractiveness to buyers. Your broker handles much of the sale process, allowing you to focus on operations.
After accepting an offer, the due diligence process begins. This involves the buyer thoroughly examining the business’s operations, finances, and legal status before finalizing the sale.
Welcome to Bendigo Business Sales, your go-to business brokerage partner for buying and selling businesses across Victoria. Whether you are an investor looking for your next big opportunity or a local entrepreneur ready to take the next big step, we can help you with our wide range of business listings.
Deciding to invest or transition out of your business is easier said than done. Not everyone understands your goals behind finding a business for sale in Victoria, Australia. With a large amount of options available, finding the right fit that aligns perfectly with your business goals is not just about finding the most profitable venture. This is where a business brokerage firm with local expertise in listing businesses for sale in Victoria, Australia can guide you.
At Bendigo Business Business Sales, we understand that finding the best business for sale in Victoria, Australia, is more than just a transaction. Our experienced business brokerage team is here to guide you through every step of the process. We combine local knowledge with industry expertise to ensure you get the best results, whether you are looking to buy or sell.
What We Offer:
Our portfolio covers everything from small local businesses in Victoria, Australia to larger enterprises across a variety of industries. Dreaming of running a cosy cafe in the heart of Victoria? Or would you like to take charge of a booming tech firm? We’ve got the perfect match for you whatever your passion is!
A business should fit like a glove. Our trusted brokers at Bendigo Business Sales provide professional advice, business valuations, and market insights to help you make informed decisions.
Ready to Buy or Sell?
You are here to either invest or transition out of your business for personal reasons. We are committed to helping you kickstart your next big adventure by negotiating your business sale in Victoria, Australia smoothly so that this transition becomes your greatest success yet!
Start exploring our current business listings or contact one of our friendly business brokers today to begin your journey. Bendigo Business Sales is not just another business brokerage firm selling businesses. We help turn your business dreams into reality, one step at a time, with informed decision-making guidance for buying or selling your business in Victoria, Australia.
