How To Sell A Powder Coating Business
Brisbane Business Broker Brendan Morgan has sold a number of Powder Coating businesses. We recently caught up with him to discuss the ins and outs of selling one of these operations. He had some great takeaways for owners contemplating selling their business such as: Important Consideration – Location Security Parties interested in acquiring power coating business pay keen interest to how secure the premise that the business operates from is. They’re looking for either a long lease or a freehold
How To Sell An Asphalt Business
Dru recently caught up with Gold Coast Business Broker Rod Jessen to have a discussion about the intricacies of taking an asphalt business to market. Rod has been involved in a number of transactions in this space and had some great takeaways for owners of asphalt businesses who are contemplating going to market. They were: Sale Price Maximisation – Contracts & Recurring Work A key consideration for buyers when evaluating asphalt businesses is where work is coming from. They are
How To Sell A Franchise Business
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,
How To Sell A Transport Business
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
How To Sell An Electrical Business
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
How To Sell A Tyre Business
Dru recently had a discussion with Gold Coast Business Broker Brendan Morgan about selling a tyre business in Australia. Having taken part in a number of transactions in the tyre shop industry, Brendan had some great insights for prospective sellers: Important Consideration – Franchise vs Independent While all types of tyre shops can sell, different structures appeal to different buyer types. Franchise operations typically sell to inexperienced operators who are potentially getting into the industry for the first time. Independents