Australia’s Business Brokers

ReGroup Solutions , 12 Aug 2020 Ian’s client was a director who had been in business for 51 years as cladding contractor. The Company had up to 100 employees working from owned factory premises and on-site at large commercial building sites nationally. The Director had been thinking of succession and made contact with Ian to investigate the sales potential of his long-standing and reputable business. Unfortunately, the COVID-19 crisis struck and the Company’s supply chain was severely impacted. The Director sought the advice of a registered liquidator, who recommended external administration. The Director’s hopes of achieving a positive sale quickly diminished and the position with the bank meant there was now a serious risk he would lose his family home.  Operating nationally, Benchmark has a huge database of prospective buyers and Ian had already generated significant genuine interest by drafting an impressive Information Memorandum and selectively negotiating with several key interested parties. Ian was concerned over the liquidator’s advice to his Client. The Director was being pressured into placing the company into voluntary administration (which Ian could see was premature and too drastic). Ian had identified his Client’s potential and felt that any insolvency procedure would unnecessarily destroy the company’s goodwill and asset values.  ReGroup Solutions would like to give a huge thanks to Ian for referring his client, the Director, to us for a second opinion. After conducting our preliminary analysis, ReGroup Solutions advised the Director on his capacity to utilise the ‘insolvency safe harbour’ under section 588GA. The new legislation, effective since September 2017, provides directors with protection from insolvent trading personal liability whilst they explore a range of restructuring and turnaround strategies. This enabled the Director to continue trading his business so that a ‘going concern’ sale could still be actively pursued by Ian. This meant Ian could still maximise the outcome for his Client by continuing his strategic negotiations.  ReGroup Solutions provided initial crisis management advice and then proceeded to investigate the various restructuring and turnaround options with the Director. The insolvency Safe Harbour provided the director with breathing space and enabled Ian Haggerty to continue his negotiating with key interested parties. The team at ReGroup Solutions worked closely with Ian Haggerty throughout the entire process – despite being an extremely complex matter, made worst by the COVID crisis, we’re delighted to say that Ian successfully negotiated a tremendous outcome for his Client!   Ian lead the way in agreeing a sale of his Client’s business, assets and the large factory premises. This not only meant the majority of workforce kept their jobs but the indebtedness to the bank could also be fully satisfied. The Director’s home was no longer at risk and Ian’s Client stands to walk away with potential surplus of $1.5m. The deal stands to return 100c in the dollar to trade creditors. Ian even secured his client a two year consultancy position with the purchaser - and at an exceptional rate! Ian’s Client can now take a well-deserved step back, with his impeccable reputation intact.   On a personal level, it was an absolute pleasure collaborating with a skilled negotiator such as Ian. The very purpose of the insolvency Safe Harbour is to help the director find a ‘better outcome’ for all stakeholders by utilising a skilled team of professionals. In this particular case, Ian was able to get an outstanding outcome for his Client on multiple levels. This was despite the extremely difficult and volatile market conditions.  Congratulations to Ian Haggerty on what has ended up being a landmark Safe Harbour win for his Client! Ian Haggerty receives another Benchmark Business Sales Review. Ian was the Managing Director/Owner of Pipe Shield, a specialised pipeline inspection, maintenance, rehabilitation company. Ian sold his business to Veolia. He has also worked internationally for companies such as Trafalgar Water Inc., where he was a consultant to a number of North American companies within the utilities, services and water industries where his main role of operations was in mergers and acquisitions, consolidation proposals, market analysis, securing funding for growth, and new technology introduction and acceptance. Get to know more about Ian Haggerty and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Ian Haggerty is a business broker at Benchmark Business Sales & Valuations.

Jacob Rudge, May 2021 - I cannot recommend Mark highly enough, his knowledge of business and his inherent integrity shone through in every aspect of our dealings with him and we will certainly continue the relationship in years to come. We first contacted Mark when we decided to spread our wings and join the ranks of Australia's VET infrastructure. Mark anticipated our needs and requirements and placed us with a Vendor uniquely suited to our needs and brokered the deal expertly. There was never a moment of uncertainty and Mark and the team at Benchmark guided us through every step of the purchase with ease and ensured all parties were satisfied in a timely manner and everyone walked away from the deal happy. Kudos Mark and the team at Benchmark Business Sales and Valuations. Mark Crapper receives another Benchmark Business Sales Review. Mark’s achievements in business ownership, business development and consulting are impressive, to say the least.  His drive has always been the pursuit of betterment and growth, for himself and for others.  “Working with business owners and helping them achieve their goals are incredibly satisfying,” he insists. Though initially qualifying as an electrician, Mark’s instincts took him straight into small business ownership.  Starting as a partner in one of the earliest Donut King stores in Australia, he went on to spend 20 years developing a home-grown Australian brand into the largest and most successful food franchise brand in its category in Australia. Get to know more about Mark Crapper and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Mark Crapper is a business broker at Benchmark Business Sales & Valuations.

Selling a business is often a complicated process and can easily end up with a result that you don't expect. Would recommend to anyone that is considering selling their business in the next 12 months to talk to Michael about the steps you need to take in order to get the best possible outcome. Michael offers a professional service that makes the process a lot easier, preparing your business for sale, advertising and promoting the business, and negotiating with potential buyers -Sean McHugh | May 2022 Michael Vitullo receives another Benchmark Business Sales Review. With his knowledge and success in business, he offers genuine opportunities for both sellers and buyers to realise their goals and targets. Michael believes buying and selling business is about trust, professionalism, communication, transparency and the art of creating possibilities. Get to know more about Michael Vitullo and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Michael Vitullo is a business broker at Benchmark Business Sales & Valuations.

Ian was a pleasure to work with. While we understood that he worked for the seller his guidance on the process of purchasing and regular communication throughout was outstanding. Katrina Phillips | May 2022 Ian Salter receives another Benchmark Business Sales Review. Ian is dedicated to producing the best result possible for his clients through the application of hard-earned knowledge, experience, and insistence upon the upholding of professional standards. He also interacts frequently with a network of like-minded professionals, such as Solicitors, Bank Managers, Accountants, Finance Brokers, State Managers, National Managers, and Master Franchisors, not only to assist with the sale process for either a Buyer or Seller, but also to stay in touch with industry changes. Get to know more about Ian Salter and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Ian Salter is a business broker at Benchmark Business Sales & Valuations.

Magdaleine , 01 Feb 2018 I asked Nikki to sell my salon for me and what a result! I am delighted to be able to move on with all my travel plans and spending time with my grandchildren and the salon is now in the hands of a great dad & daughter team who will look after my clients well. Thank-you Nikki for taking care of everything and I wish you all the best. You really are the Queen of salon sales! Much appreciated!

We have sold a few times using benchmark - they have been excellent, supportive and thorough, throughout the whole process. John's communication is five-star and his knowledge of business a godsend in any tricky selling situation. Annie Thorpe. John Kasapi receives another Benchmark Business Sales Review. John Kasapi specialises in the sale of hair and beauty salons across all states in Australia. He has more than 15 years of experience working in the hair and beauty industry – so he really knows and understands the industry and the marketplace much better than most. Get to know more about John Kasapi and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. John Kasapi is a business broker at Benchmark Business Sales & Valuations.

"We received a post card in the mail and I was initially skeptical of this as it said that John had someone wanting to buy my business, however I gave John a call and he appraised the business and he said his buyer was keen. Within two days we had done an inspection and I received an offer. At the start I wanted to be in control but quickly discovered that I needed to leave it to the expert. John was a master at getting the job done and managing the process until the very end. I am extremely happy, I got a fantastic price, smooth quick sale and I got to stay on as a hairdresser with the new owner. It was truly the result that I didn’t even contemplate was possible until I spoke with John. I was quite emotional about selling my pride and joy but John held my hand through the entire process and I highly recommend selling through Benchmark." - Larissa Thripp | 05 Feb 2020 John Kasapi receives another Benchmark Business Sales Review. John has always been involved with the hair and beauty industry all of his working life, and he offers an in-depth knowledge to all buyers and sellers. He enjoys helping people achieve their dreams, whether it be buying, selling or investing. John really understands that in many cases, a business can be a major asset, so he likes to ensure that the process, whether it be buying or selling, is “smooth sailing” for everyone concerned. Get to know more about John Kasapi and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. John Kasapi is a business broker at Benchmark Business Sales & Valuations.

Anyone considering purchasing or selling a business, I could not recommend Benchmark enough. ANDREW was incredible with constant communication, advice and direction at all times. As a first time business purchaser, Andrew was invaluable with his knowledge, contacts and experience - without this we may have not continued with the purchase. Thank you Benchmark! Scott | Truck Repair Group. Andrew Morris receives another Benchmark Business Sales Review. Andrew has an extensive background in senior management, working internationally and locally. Starting 40 years ago his first management role was as a National Sales Manager of an International manufacturing company before he moved into Senior and General Management / Director roles. Get to know more about Andrew Morris and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Andrew Morris is a business broker at Benchmark Business Sales & Valuations.

Keith was always a pleasure to deal with. He was always very responsive and made the sales process a lot easier for all parties involved. We would highly recommend him! Rebecca Williamson. Keith Brewster receives another Benchmark Business Sales Review. Keith's career has been about creating successful business outcomes for all parties in different contexts. As an entrepreneur running his own property development company it meant finding opportunity personally and then finding a way to make it work. As a State Manager it meant managing large teams of ambitious salespeople whilst also managing the needs of customers and those of the corporation. Get to know more about Keith Brewster and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Keith Brewster is a business broker at Benchmark Business Sales & Valuations.

Name undisclosed , 13 Dec 2018 "When selling a business there is one word that matter more than any other; SOLD! And Jacob got to use it. Jacob is very pleasant to deal with, built great report with the enquires and ultimately the buyer. Jacob felicitated the sale of a business I had owned for 23 years, there was quite a bit to arrange to not only list it but to also get it SOLD. I highly recommend Jacob to assist in the sale of your business." Jacob Reeson receives another Benchmark Business Sales Review. Jacob Reeson is known within Benchmark’s offices as a young gun, with plenty of business experience (for his age), and lots of common-sense. He has demonstrated expertise in negotiations skills, and being a 100% performance based broker. He has the determination to make his future in this profession. Get to know more about Jacob Reeson and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Jacob Reeson is a business broker at Benchmark Business Sales & Valuations.