Sell My Business
Please complete the following form and we will arrange for one of our Business Brokering Team to contact you shortly.
Why Use a Business Broker?
Ensuring You Maximise Your Position
Business Brokers are trained sales and negotiation professionals. Depending on the reason you are selling, it may be one of the most emotional times in your life.
Business Brokers are supported by experienced administration staff who deal with the correct way to:
- Market your Business efficiently and correctly
- Liaison with Buyers
- Liaison with Solicitors
- Liaison with Accountants
- Create a win/win situation between you and the buyer
This means to you less stress through:
- One contact point. Your Business Broker
- Competent and professional liaison with other professionals on your behalf
- Not having to deal directly with Buyers, solicitors, accountants and other professionals
- Knowing that the people coming to look at your business have been qualified emotionally, physically and financially before they arrive with the Business Broker at your premises
Your business broker and their support staff will guide you through the process of selling your business from enquiry, to listing, to marketing, contract and negotiations through to settlement.
Ensure that you protect yourself, your business and maximise your sale price by talking to our Team at BizBrokers Sunshine Coast.
Ascertaining My Business Selling Range
What information is required for a Business Assessment?
The amount of quality information made available to your Business Broker will assist in setting a realistic market assessment.
To give your business the best assessment and opportunity to market it correctly you should provide the following:
Legal
- Business structure details
- Certificate of the Registration of a Business Name
- A copy of your current premises lease or ownership details if freehold (including all amendments and assignments)
- A copy of any Franchise or licensing arrangements
- Copy of any registered trademarks, patents or other Intellectual Property
- Copies of any hire agreements, supplier contracts, employment contracts or sub contractor agreements
- Your Solicitors firm and their name
Financial
- ABN
- YTD Profit & Loss sheets
- Previous 3 years Profit & Loss sheets (Minimum – 5 years is better)
- Previous 3 years Balance sheets
- Previous 3 years BAS
- Previous 3 years Tax Returns
- Depreciation schedule
- List of Aged debtors
- What is the trend within your financials?
- Can you explain any extraordinary movements?
- Monthly Sales figures (excluding GST)
- Copy of latest rental statement
- Your Accountants firm and their name
Human Resources
- Full details of your staff and subcontractors
- Include position, weekly hours, rate of pay, time with you etc
- Copy of your latest staff roster
- Owners PAYG payment summaries (Minimum of 3 years)
Plant & Equipment
- Detailed list of plant and equipment, fixtures and fittings including unregistered or registered vehicles to be used in the business
- Is any of this plant encumbered?
- Are you paying out the lease/finance upon sale or do the Buyers take over the payments?
- Identify each items lease, hired or rented equipment
- Department of Transport registration papers
- What is the current market value of these items?
A History of your Business
- How long have you been in this business?
- When was it originally started?
- How was it started? Meeting a demand – passion or hobby
- Trading Days?
- Trading Hours?
Products & Services
- Products & Services offered currently?
- What is the split-up between Sales and Service?
- What products or services could be incorporated to compliment the existing range?
- Who are you competitors? Where are they based?
- Who are your customers?
- Why do customers come to you?
Trends
- Explain what the business trends are. e.g. higher sales periods due to special occasions etc
- Explain what the local community area and growth is
Marketing
- Website domain details
- What marketing do you have in place?
- What customer database do you have in place?
- What shop and street signage do you have?
- Do you have quality images of your business inside and out?
Who is the Ideal Buyer for Your Business?
- Identify who would be the most suited buyer for your business. e.g. Husband and wife team; 2 man team – one in sales, one in delivery
- What their passion should be
- What skills set should they have or be willing to learn?
What do you offer to the Ideal Buyer?
- Time in the business training after settlement
- Vendor Finance
- Restriction of trade clause – years and kilometres based
Sale Price
- What is your realistic idea of a fair selling price? (excluding P&M and Stock)
- If you were buying this business where would you look for information?
All of this information creates a picture of your business. Add anything else you consider important for a Buyer to consider your business.
This may mean mentioning Parking, nearby stores/shopping centre, new residential buildings or University etc.
Biz Brokers Sunshine Coast
Sunshine Coasts Leading Business Brokers
Being the oldest and most established Business Brokers on the Sunshine Coast confirms our reputation of being one of the leading Queensland business brokers.
BizBrokers was founded by Chris Greenfield in 1993 and remains a leader in selling businesses throughout Queensland.
Bizbrokers are the leaders in Business Sales. Bizbrokers sell all types of Businesses, small to medium and large businesses is a speciality.
We also deal in Commercial Property sales and leasing. Business Sales is an exciting market with a variety of businesses on offer. From cafes to manufacturing, wholesale and retail, there’s something for everyone. We offer free appraisals to sellers and provide all information in writing to you.
Some of the areas we service include:
- Caboolture
- Morayfield
- Landsborough
- Beerwah
- Caloundra
- Pelican Waters
- Moffat Beach
- Little Mountain
- Wurtulla
- Kawana Waters
- Birtinya
- Mooloolaba
- Alexandra Headlands
- Cotton Tree
- Maroochydore
- Coolum
- Peregian
- Tewantin
- Sunshine Beach
- Noosaville
- Maleny
- Mapleton
- Nambour
- Yandina
- Eumundi
- Cooroy
- Gympie
- Tin Can Bay
- Rainbow Beach
- And even further in some cases.
View our BizBrokers Website
View our Current List of Businesses for Sale
View our Sales Team
What is Business Brokering?
Business Brokers are the conduit between Business Owners and the Business Buyer. Read the rest of this entry »
Why Sell My Business?
Selling a business after spending years of building it up can be a HUGE Emotional Decision. Read the rest of this entry »
Why Buy an Existing Business?
Short Cut the Business Building Process
Simply, buying a business for the right reason at the correct market price can be a great jump start to owning your own business.
Not all of us have the required skills to set up a business, however may have the skills to run one or develop it.
Buying an existing business can establish:
- Instant Cashflow
- Existing Marketing
- Experienced Staff
- Proven Systems
- Instant Market share
Depending on your approach a Business Broker may negotiate a stay on period for management or owners and also recommend competent Business Coaches to work with you in the initial stages of your business acquisition to maximise your ROI.