Dru recently caught up with Tasmanian Business Broker Kat Little to discuss the ins and outs of selling a hospitality business. As a former owner and manager of a number of hospitality business, Kat has fantastic insights for prospective sellers. Some key takeaways from the conversation were: Sale Price Maximisation – Start Planning Early The hospitality businesses that sell the fastest and for the highest price have owners who have been planning to sell for a while instead of owners

Dru recently had a conversation with Sydney Business Broker Michael Vitullo about the ins and outs of selling a franchise business in Australia. Michael has been part of multiple transactions where the business being transferred was a franchise and has some key learnings for prospective sellers. They were: Strategy – Clearly State The Advantages/Disadvantages There are some clear benefits and drawbacks for buyers comparing purchasing a franchise or an independent business. An example of a benefit being instant brand recognition,

Adelaide Business Broker Nikki Katz recently had a conversation with our Director Dru about selling a childcare business in Australia. Having transacted a number of businesses in this space, Nikki had some important considerations for prospective sellers. They were: Important Consideration – Clean Financials Being a simple to understand business model, the first thing interested parties look at when assessing potential childcare acquisitions is the finances. For this reason it is imperative to go to market with up to date,

Our director Dru and one of our Melbourne Business Brokers Trevor Wantenaar recently had a conversation about selling an ecommerce business in Australia. Some key takeaways from their chat were: Sale Price Maximisation – Nationwide Marketing The beauty of ecommerce businesses is that they can be easily relocated. In one of Trevor’s recent transactions the buyer was interstate and simply shipped all stock upon settlement. With more buyer interest typically equaling a higher sale price, it is critical that ecommerce

Brisbane Business Broker Steve Blaby has sold a number of transport businesses in the past few years. In a recent catch up with Dru, he shared key takeaways for owners of transport businesses to be aware of before going to market. They were: Sale Price Maximisation – Diverse Client Base Potential acquirers of transport businesses get scared off when they see that one debtor or client is responsible for a large proportion of sales revenue. If they were to leave

Dru and Gold Coast Business Broker Belinda Packer recently caught up to discuss selling an electrical business in Australia. Having taken part in multiple transactions over her career, Belinda is a wealth of knowledge for prospective sellers. A few key takeaways were: Sale Price Maximisation – Multiple Revenue Streams Buyers of commercial electrical buyers typically seek a mix of both project and maintenance work. This is advantageous as they get the upside of lucrative projects but also the stability of