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.

Benchmark's Broker Tu Nguyen, has done an exceptional job in selling my Mechanical Business. I would highly recommend Benchmark as a good chose if you are looking to sell your business. Certainly from my perspective, Tu was committed in finding me a buyer and he did not give up even when the going got tough. Thank you Tu Nguyen for your professional service and the determination you showed in finding the right buyer. - Maurice Donovan Tu Nguyen receives another Benchmark Business Sales Review. Tu sells larger well known National franchise brands as well as businesses within the importing, distribution, wholesale, automotive, coffee roasting, dry cleaning and commercial cleaning industries to name a few… Tu’s strength is communication and completion “getting the job done”, many of Tu’s clients recommend him to their family and friends and Benchmark consistently receives testimonies from Tu’s satisfied clients. Get to know more about Tu Nguyen and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Tu Nguyen is a business broker at Benchmark Business Sales & Valuations.

"He always gets the job done and is 100% committed Once again I’ve had the pleasure to deal with John to purchase yet another salon through him. He always gets the job done and is 100% committed to tie up all the loose ends and go above and beyond to iron out any issues. Thanks John it is always an absolute pleasure. Benchmark Salon Sales Award-winning Salon Specialist 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." - Rekha Sharma | 01 Feb 2018 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.

Job Well Done. I listed our Equipment Hire business with Brian Sander from Benchmark’s Adelaide Office. Brian handled the sale with professionalism and skill. He kept me informed along what at times was a tricky process through to the ultimate final settlement. I would happily recommend Brian and the Benchmark team if you are looking to sell a business in Adelaide or South Australia. - Gordon Elley | June 2022 Brian Sander receives another Benchmark Business Sales Review. Brian is selling businesses throughout South Australia – and will be looking at taking on listings in the Northern Territory. Brian Sander is one of Australia’s most experienced business brokers, Brian has been selling businesses for over 35 years. He was Managing Director of Sander & Associates before the merger of his business with another business broking firm in September 2002. In January 2014, Brian opened Benchmark’s Adelaide office. Brian’s early training was general real estate, then in the commercial field, where he was employed by a large international company. Get to know more about Brian Sander and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Brian Sander is a business broker at Benchmark Business Sales & Valuations.

Paul , 13 Dec 2018 ” Thank you Michael. Thank you for your assistance and persistence with this Michael, I know we were not really in your “demographic” but we needed help with it and you did a great job. I would be happy to recommend you in the future. ” Kind Regards Paul

Rachel , 01 Jan 2018 Benchmark helped me with the sale on my hair salon, when I decided it was time for a career change. Thanks and Great job! Your help was invaluable

Maria , 06 Feb 2020 Clyde thank you for your amazing work! If I didn’t have a heart attack yesterday I never will!! This was absolutely such hard work for you and I really appreciate it. Merry Christmas and best luck for the future.

Milan Shah , 01 May 2018 We had been recommended to use Benchmark to help us find our first salon. They did an awesome job and were unbelievably professional. We found that everyone spoke so highly about Benchmark, they sure do have a great reputation. Thanks Benchmark we are absolutely delighted with our purchase

“Everything has fallen into place, I’m a very proud owner of my own salon. I’ve been wanting to own my own salon for some time but never clicked with anything. Then Benchmark contacted me about an opportunity and I grabbed it with both hands and I’m glad I did. Thanks for all your help and guidance.“ - Marigold Lukin | 18 Mar 2019 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.

Gabriel Dio , 26 Mar 2019 - I dealt with Glenn Irving in the purchase of a steel business. We moved from NSW into the Gold Coast and met him there. Glenn was very professional, and easy to reach. He is very user friendly and can point you to the right direction especially for first business buyers. I recommend you get in touch with him. Glenn Irving receives another Benchmark Business Sales Review. Glenn Irving showed his flair in this area of design and invention by developing his own patents, design registered and trademark products through his own companies, with many unique products being sold in many different countries. This has translated into a solid knowledge of intellectual property processes and asset management. 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.