How to sell your business Australia
Are you looking to sell your business in Australia? There are a few ways to go about selling your business.
List My Business for Sale
You could consider listing your business for sale in Australia on Gumtree, LinkedIn post, going to a business broker and reaching out to the business groups on Facebook.
How to sell a business NSW
Selling a business in NSW is a matter of finding a buyer, agreeing to terms of sale and ensuring everything is signed by the relevant parties once the agreement has been made. Investors and business buyers will want to know the financial accounts of the business in terms of profit and loss, assets in the business and a range of other information, so be ready to provide information in order to give enough confidence to the buyer to say yes to buying your business.
How to sell a small business in Sydney
Selling a small business in Sydney is easier as there are so many people here looking for opportunities. If your small business is profitable, and especially if it has a fully managed team, your business should sell quite easily and quickly. Be sure to give all the relevant information to the buyer to allow them to transact with you with confidence.
What we are looking for in a business acquisition?
If your business meets the below criteria, we may want to understand more about your business and buy it from you. Does your business:
- Earn between $50,000 to $100,000 per annum net profit (profit after all expenses)
- Have staff managing the majority of day to day activities
- Open to Vendor Financing over 3 – 5 years (We pay you for your business over 3 to 5 years in monthly instalments).
Why would you sell your business?
The current climate and the past few years have presented an array of challenges for business owners. On top of this, many business owners are reaching retirement age and looking to exit their business and enjoy life in retirement without worrying about their business.
Reaching retirement age and not having a buyer can be a serious issue and then there’s the concern of where income will be coming from. Selling your business through Vendor Financing can alleviate 2 birds with 1 stone by allowing you to sell your business, and receive an income over the coming 3 to 5 years.
To see if you can sell your business to Trinity Financial Management under Vendor Finance, contact us using the form below providing a contact number or email and we will be in touch to discuss the opportunity with you.