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How To Sell A Panel Beating Business

Dru and Perth Business Broker Glenn Prunster recently had a conversation about key considerations when selling a panel beating business. Some important takeaways for prospective sellers were: Important Consideration – Insurance Contracts Insurance contracts can be attractive for acquirers as it close to locks in future revenue from their investment. However the revenue from insurance work tends to have less margin. When appraising a panel beating business, this revenue split is one of the first things Glenn looks at. It

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How To Sell A Surveying Business

Dru recently had a conversation with Sydney Business Broker Sean Wolrige to discuss the ins and outs of selling a Surveying business in Australia. Sean is one of Australia’s most distinguished sellers of surveying businesses having been involved in a number of transactions over the years. He had some great advice for prospective sellers with some key takeaways being: Timeline – Prepare Early Selling any business takes time. To achieve the best outcome possible, it’s important not to rush the

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How To Sell A Manufacturing Supply Business

Melbourne Business Broker Trevor Wantenaar recently successfully completed an acquisition in the Manufacturing Supply industry. Morgan Business Sales Director Dru Morgan caught up with Trevor to discuss some key learnings from the transaction for prospective sellers in this industry. They were: Sale Price Maximisation – Client Security Being B2B, manufacturing supply businesses typically have don’t have a huge number of clients like most B2C businesses do. For this reason, potential acquirers like to assess the existing customer base. Looking to

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How To Sell An Online Business

Dru recently had a discussion with Brisbane Business Broker Brendan Morgan about the ins and outs of selling an online business in Australia. Brendan has been selling online businesses for over a decade and has a wealth of experience in these types of transactions. Some key takeaways from the discussion were: Impact Of COVID Online businesses saw a dramatic rise in sales in response to COVID related restrictions. Interestingly consumer sentiment to shopping online has continued beyond lockdowns with sales

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How To Sell A Civil Business

Dru and Gold Coast Business Broker Rod Jessen recently had a discussion about key considerations when taking a civil business to market in Australia. Both Rod & Dru are experienced in selling civil operations and their chat had some great insights for prospective sellers. Some key takeways were: Business Valuation – Plant & Equipment Heavy In a lot of circumstances, the majority of the sale price for a civil company will plant and equipment value. For this reason, it is

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How To Sell A Plumbing Business

Dru & Sunshine Coast Business Broker Steve Blaby recently had a conversation around selling a plumbing or a plumbing supply business in Australia. They drew on the recent industry transactions they’ve been involved in to provide insight to prospective sellers. Some key takeaways from their discussion were: Key Consideration – Licensing Arrangements When buying a plumbing or any trade business, buyers are looking for operations where the licenses match what they want to do with the business and are secured

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