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.

I can now see why John Kasapi is the best business broker in the country. He it truly outstanding at what he does and how he delivers amazing service. It is impressive to see how easily he made the sale go so smoothly. His pro-active approach was refreshing – not once did I have to ring him to find out what was happening with the process. He would even call me to touch base if he didn’t have an update – just to keep in touch! I’m also buying another salon business at the moment though a different business broker and I can see the difference between the two is so wide. I have dealt with a few different business brokers over the past few months, and some have actually lost their client a potential sale due to lack of communication. I still have not completed the other business purchase yet which was started 6 weeks before this one. I can understand that John really has the process down pat and just makes it so easy to move through the many steps that need to be completed. When I am ready to purchase another business in the next 6 months I will not hesitate to work with John again. Thanks John! 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.

"This was my first business and I had a general understanding of the process however Benchmark guided me through the leasing process and talked in great length to the agent to get me approved. This is my first business and I'm so happy to have the experience and knowledge from Benchmark to help me get into my dream salon. I'm super excited for this new chapter in my life." - Kayla Brown | 08 Apr 2019 John Kasapi receives another Benchmark Business Sales Review. John really prides himself on offering his clients exceptional customer service, combined with his wealth of sales and industry knowledge. He has “been there and done that”, as he has owned his own business, and he has worked in many top salons around the world – and has experienced everything this industry has to offer. 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 listed our business with John as we felt so comfortable with him and our gut instinct was correct. He has been totally professional, knowledgeable and there at every twist and turn, we had a number of problems along the way and each time John kept the sale on track and took action to get the deal done. At times our emotions got the better of us but John made us feel that we were in safe hands and steered captained the ship to the final destination." - Anna Stewart | 01 Apr 2018 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.

April , 01 Feb 2017 I heard about the salon being on the market and got in touch with Benchmark. From the start, they helped me get through the maze of purchasing a salon as I was new to the Industry. They took care of everything from landlord approval, form filling, business plan and finance and finally, I am in my very own salon. They even assisted me after settlement with some maintenance issues and so I cannot express enough how happy I am to have had Benchmark in my corner! Thanks

Brad Jones , 11 Jun 2019 Emma was fantastic. She was always available and would do anything to answer questions and really went the extra mile to get the sale through. She is personable and easy to get along with and I would recommend her to anyone and would definitely use her services to sell or buy a business going forward.

Albina Jakini , 06 Feb 2020 Thanks Clyde for everything that you have done, You were there at every step to smooth out any rough times so that I could settle on the business. You knew what was happening every step of the way to guide me through what needed to be done. There were definitely a few times that I wasn’t sure if it would happen. Thank you for your help and support good working with you. Thanks again for your efforts!

"Thank you, John, for getting my business sold. John had a buyer straight away to Purchase our business. The process did take some time going through leasing which painfully long. The shopping Centre took 8 weeks to process the application and then with the Covid 19 we nearly lost the buyer but John was straight on to it making the necessary call to The Centre to make sure The buyers were approved. To finish off we settled the business the same day salons got told to close. Remarkable effort during these crazy times." John Kasapi receives another Benchmark Business Sales Review. John really prides himself on offering his clients exceptional customer service, combined with his wealth of sales and industry knowledge. He has “been there and done that”, as he has owned his own business, and he has worked in many top salons around the world – and has experienced everything this industry has to offer. 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.

Peter Gimpel 09 Aug 2021 - When we decided to sell our family Electrical Contracting company, we contacted Benchmark Business Valuations and were very please to be given Mr Glenn Irving as our business sales broker.  Glenn was tireless in chasing down leads and eventually we were matched up with a first class buyer for our small business.  Glenn was meticulous in hosting pre settlement meetings in the board room in house and also was able to recommend an excellent small business lawyer to complete all the necessary transactions for the completion of the sale.  The settlement of the sale of the business was guided to an excellent conclusion by Glenn and his team. We have no hesitation in recommending Glenn and his team to anyone wanting to buy or sell a small business. Glenn Irving receives another Benchmark Business Sales Review. Glenn has a passion for rugby with a keen interest in thoroughbred horses and bloodstock. His greatest wish is to see happiness, health, success and personal growth for his children and family. If you are thinking about selling your business, Contact Glenn Irving today. Get to know more about Glenn Irving and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Glenn Irving is a business broker at Benchmark Business Sales & Valuations.

Keith Marshall , 08 Apr 2019 I would definitely recommend Clyde and the Benchmark Salon Sales team for buying a hair and beauty salon I initially tried to purchase another salon through Clyde but the seller pulled out of the deal and removed the business from the market. We were immediately introduced to another business which was even better suited to us. Clyde has been excellent throughout the entire process, even when I had to go overseas on business for 6 weeks during the contract period. I would definitely recommend Clyde and the Benchmark Salon Sales team for buying a hair and beauty salon.