LOOKING FOR A BUSINESS FOR SALE? Search hundreds of businesses for sale listings in our extensive database.

We pride ourselves in being specialists, not just sales people.

Benchmark’s accredited business brokers will help you choose from a wide selection of businesses for sale.

If you are after a business for sale, why not start by searching our extensive database of Australian business for sale?

We also recommend you sign up to our weekly business for sale latest listings emails, which are sent as a priority to all of our subscribers.

Register as a BUYER

Benchmark Business Sales & Valuations has business broker offices throughout Australia.

If you are after a business for sale in Queensland, a business for sale in New South Wales, a business for sale in Victoria, a business for sale in South Australia or a business for sale with offices Australia wide then talk to us!

Purchasing a Business

The steps to be taken

Gather as much information as possible about the business and the industry which the business operates within. Distinguish fact from opinion. Analyse facts, and decide which opinion you agree with. You cannot agree with all opinion, you need to use the facts to form your own opinions and plans.

A confidentiality agreement (or Deed) protects the parties from misuse of information exchanged in the sale process, and enables free discussion and provision of data under controlled conditions.

This allows the Purchaser to learn more about the day to day operation of the business, and the history of the business, and to confirm the information provided in the Information Memorandum. This is an opportunity to have a look “behind the scenes”, and is conducted by appointment with the business broker in attendance. Occasionally, it is a requirement that a prospective Purchaser should pay a refundable “Expression of Interest” Fee at this stage. This is not common, but some franchisors and Vendors will require such a commitment from prospective Purchasers, and may require the Purchaser to present their “Bona Fides” at this stage.

Before conveying an offer to a Vendor it is necessary that the Purchaser has properly prepared for the acquisition. A separate checklist is provided. Items included are having an entity established, an accountant and solicitor appointed, and finance in place.

To secure the business, and outline the terms of the acquisition, a simple document is completed and submitted to the Vendor. If accepted by the Vendor, we can proceed to the next step, and if not accepted we use this document to present the Purchaser with a “Counter-Offer”.

When an agreement on terms is struck, and the vendor has agreed to the Purchaser’s Conditional Agreement to purchase the business, a deposit is paid to the Vendor’s agent, and the deposit is held in a Trust Account, until the parties authorise the discharge of the deposit. The deposit is usually $20,000 or 10% of the sale price of the business – whichever is greater. A contract is usually prepared and signed at this point.

Once the Conditional Contract has been signed the parties work together to see if the contract conditions can be satisfied. The conditions usually include;

· Finance approval
· Due diligence
· Franchisor or landlord interview and approval
· Lease assignment

As each of the conditions is satisfied they will be removed, and when all conditions are satisfied, and lifted, the contract becomes unconditional – allowing the parties to proceed with settlement. If conditions are not able to be satisfied, the contract can be terminated, and the deposit refunded to the Purchaser.

Once the contract is unconditional, and before the settlement has been effected, there are usually several practical issues to deal with. These may include:

· Franchisor, or Vendor training
· Advising staff, customers and suppliers
· Preparing EFTPOS, phone change, power provider, insurance, signage, marketing, advertising, domain names, business name transfer, etc

Settlement often involves stocktake, adjustment of pre-paid accounts, change floats, staff entitlements, and a whole range of items. Your Benchmark broker has a checklist of items that they can go through on (or before) the day, to make sure that everything flows smoothly.

About Benchmark Business
Sales & Valuations

Benchmark Business Sales & Valuations is one of Australia’s Largest Business Brokerage, with offices listing Business for sale Australia wide.

Benchmark is a family owned business brokerage company selling businesses across four states, with over 40 specialist business brokers throughout Australia. Benchmark Business Sales & Valuations has grown significantly since being founded by Bruce Coudrey in 1999.

Benchmark has become one of Australia’s largest business brokerages, with over 500 businesses for sale at any time – and a huge database of settled business sales data.

Benchmark can sell your business in New South Wales, Queensland, Victoria or South Australia – with one company. Benchmark is not a franchise, and has been owned by the same family since inception. Operating for over 26 years, Benchmark’s Business Brokers have the expertise to help clients find a business for sale or in selling a business.

We have consistently sold more businesses each year, and we have seen our team grow each year, as business owners discover Benchmark’s simple formula to assist people in Selling a Business, or Buying a Business.

At Benchmark Business Sales & Valuations you deal with specialists, not just salespeople.

State of the Market Report

Link-to-Infographic-page-Image-03

As Australia’s Business Brokers, we have exclusive access to the latest data on Australian business trends. Using this knowledge, every quarter we publish our State of the Market Report – a unique infographic which outlines the latest in business trends.

To access the latest information please click the button below.

Latest Businesses For Sale

  • b20033429
    sitting infront of laptop
    New

    Work From Home Business Opp...

    An absolutely unique work from home business opportunity. This one off business has been operated by the same owner for ...
    $75,000 Gold Coast
  • b20033358
    Refridgerated Truck Run for Sale Gold Coast
    New

    Refrigerated Truck Run For ...

    One man, one truck delivering dry, chilled and frozen food from the Gold Coast to Brisbane and back daily. The business ...
    $240,000 Gold Coast
  • b20033394
    Wholesale Manufacturing and Distribution Business - Growing Animal Related Industry

    Wholesale Manufacturing and...

    This wholesale business is highly profitable, plenty of repeat orders from large retail outlets in NSW and QLD, simple b...
    $1,200,000 Gold Coast
  • b20033390
    couple_drinking_coffee_boothj
    New

    Hip Cafe on Brunswick Stree...

    This café on Brunswick Street is priced to sell quickly. Long known for some of the best coffee in town, this cafe is t...
    $165,000 Melbourne
  • b20033388
    group_of_people_at_cafe
    New

    Thriving Inner City Restaur...

    This Inner city Restaurant/café is located in the heart of Burke Rd in Camberwell, this is a true high performer of the...
    $949,000 Melbourne
  • b20033372
    woman_paying_for_coffee_cafe
    Under Contract

    Family Friendly Café ̵...

    Situated in Melbourne’s eastern suburbs, this well-known café has established itself as a suburban icon over the past...
    $199,000 Melbourne
  • b20033367
    Bar and Cafe with Multiple Function Rooms

    Bar and Grill – Funct...

    A bar and grill - extremely popular, strong turnover, the premise has plenty of character and great street appeal, const...
    $275,000 Ipswich
  • b20033349
    italian_restaurant_for_sale_gold_coast

    Italian Restaurant For Sale...

    This Italian Restaurant For Sale on the Gold Coast is an amazing opportunity to build on an existing profitable business...
    $190,000 Gold Coast

INFORMATION TO HELP YOU SELL OR BUY A BUSINESS

We have developed a couple of powerful ebooks, packed with tips and recommendations to help you sell or buy a business.

Simply fill out the form below for instant access.

Print Friendly