We are now in the new 2020 financial year. After an increase in enquiry in June sales and deals picked up in July with 6 deals in the system. Best areas of demand are: Businesses that make over $100K for the proprietor, and with strong assets, which in turn makes funding more straightforward. There is still a market for micro businesses, but we need good records or very good asking prices.
Our clients are offered a multi level marketing solution:
1.4 websites, including this one
2.Social Media exposure
3.Direct mail to persons of influence and our subscription database of enquiries.
A recent endorsment from the former owners of TJM Albury, sold at asking price:
Adam Maras recommends PETER Campbell REAL Estate: “Peter was very easy to deal with and made selling our business that much easier.” Stats for our website for 1 January to August 6 2019 are below. Notice the increase post election.
|Month||Unique visitors||Number of visits||Pages||Hits||Bandwidth|
|Jan 2019||3,552||7,192||20,439||55,878||980.91 MB|
|Feb 2019||4,046||6,319||24,484||83,327||1.51 GB|
|Mar 2019||4,390||9,274||36,873||70,660||982.46 MB|
|Apr 2019||2,949||5,151||18,013||39,122||653.92 MB|
|May 2019||4,238||6,313||25,309||85,691||1.20 GB|
|Jun 2019||4,611||7,093||27,884||134,392||2.31 GB|
|Jul 2019||3,612||5,301||19,308||63,690||1.03 GB|
|Aug 2019||644||794||2,433||15,939||383.73 MB|
When is the best time to sell?
Below are a few tips for consideration when you are thinking about selling your business.
Probably when the business is well established and generating good profits. Always allow a reasonable selling period – typically up to 6 months or even longer.
So what documentation is needed to sell your business?
- Up to date financial statements, including copies of recent Business Activity Statements (BAS);
- A list of equipment to pass with the business, and whether it is encumbered ( i.e. leased/ chattel mortgaged etc);
- A copy of your current lease, or alternatively a proposed rental or sale price for your property;
- If your business is located in Victoria, and its plant & good will figure is less than $450,000, you will also need – at the time of deposit or contract – a vendor’s statement (Sn 52) about the performance of the business. NB This does not apply to licensed premises.