Australia’s Business Brokers

Bernice , 30 Jun 2020 OMG, what a ride! In the middle of Covid-19, Nikki achieved a sale which at times, with lockdown, we thought was never going to happen. It just goes to show. Persistence can prevail even in the trickiest of markets and market was exceptional. Most brokers would have given up. Nikki, your job was to bring me a buyer. Despite the challenges of me being a first-time seller, and the market being mid-covid-19! You did it…...I believe a match made in heaven. I am excited to sell and he is excited to buy! The buyer is exceptional, it truly is a good match. I am confident that I have sold the salon in good faith, that my staff will be looked after and the salon will thrive, under the new ownership. That it will continue to flourish was so important to me. Thank you Nikki

Sam from Benchmark assisted in the selling of our business of 35 years. In what could have been a stressful and emotional period. Sam's calm demeanor and unwavering support was invaluable. He was always accessible and eager to answer any of our concerns. The result was the sale of our business. A job well done!  - Sandra Glynn

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.

Eki/Melissa , 13 Dec 2018 Thanks Benchmark for your persistence in delivering the sale and getting us price we wanted. Great effort and job well done.

Steven Peter , 18 Mar 2019 I first came across Benchmark when purchasing the Greville Clinic in October 2018, During the negotiations for this purchase my broker displayed consideration for both the vendor and the myself, always displaying attention to detail, efficiency and a solution-oriented mindset, making the process entirely seemless. Benchmark pursued all requests for more detailed information in a timely manner and kept me updated on the status of these requests. They were extremely supportive and considerate in all areas of the business purchase and it has been a pleasure to conduct business with you.

Tracey Bond , 18 Mar 2019 “I was so pleased when I followed a recommended from a colleague to utilise Benchmark for the sale of my salon. Throughout the process I found them to be approachable and professional at all times, we overcame many hurdles in which Benchmark successfully negotiated them all. The sale of my business has been completed and I would recommend them to anyone who wants a professional service and results.”

Nicole , 13 Dec 2018 WOW– what a journey! I contacted Nikki 18 months ago when I was pregnant with my second child and she helped me find a buyer for my salon. I decided that I could cope and was reluctant to sell so I changed my mind! Nikki advised me that 2 kids (talking from her own experience) was a lot to handle but understood my decision. After the birth of my son, I realized that I just wanted to spend time with my young family and so my first call was to Nikki. She brought a couple of buyers through and we found the “right fit’ when Amy came along. I knew my clients would love her. Today, Amy bought my salon and I can now relax & enjoy bring my time with my beautiful children. Better still, Nikki negotiated that I still work in the salon one day a week but with flexibility! Thanks Nikki for the perfect result. I am delighted with the outcome

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!

"I found John professional and informative throughout the buying process. John was great when dealing with my accountant during the transaction and communicating with my lawyer to ensure a smooth sale. I’m delighted with my purchase and thank you for making this so easy." 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.

Melinda Luchini , 18 Mar 2019 “Benchmarks brokers experience is famous throughout the industry. We knew they specialized in salon and clinic sales, so when we were ready to sell we knew whom to contact. When we listed the salon on the market we let the broker know that we had only a few months to get it sold. They delivered a buyer and a contract almost instantly and sold it record time. The biggest concern I had was the landlord being overseas and having a strict approval process. However Benchmark managed to get the buyer approved and finalize the lease within the time frame, I now get more time with my young family. Thanks again”