FAQ's

Simply put, just as there are sales agents for selling houses, there are also sales agents for selling businesses. These sales agents are called Business Brokers, who are qualified real estate agents that act on behalf of business owners (sellers) looking to sell their businesses. Business Brokers are highly trained professionals who stay up to date with their training and are members of the AIBB (Australian Institute of Business Brokers).

As part of their services, Business Brokers provide valuations, market businesses for sale, find genuine buyers, negotiate the best deal, and manage deals all the way to the settlement date. With their expertise and experience, Business Brokers serve as the glue that holds everything and everyone together, ensuring a successful outcome. As there are many things that can go wrong in a sale, Business Brokers are essential to achieving a positive outcome.

To choose the right Business Broker, it’s always helpful to work with someone who has experience in your industry, has a solid track record of successful deals, and has a good reputation with reviews. Selling a business can be a long process, so choose one who is motivated, approachable, communicative, and happy to answer any of your questions or concerns.

Many business owners find that using a Business Broker is well worth the investment. Business Broker can help you sell your business faster, at a better price, and with less stress. A good broker guides you through the complexities of the sales process, helping you avoid common pitfalls and ensuring a successful outcome.

A Business Broker can be a valuable asset when it comes to selling your business. Their expertise, experience, and network of potential buyers can help you achieve a more efficient, effective, and profitable sale.

Yes, you can sell your business without a Business Broker, but it can be challenging and time-consuming. Without appointing a Business Broker, you are doing all the heavy lifting alone, such as marketing the business, finding potential buyers, negotiating the deal, and handling the paperwork. This is all while you are working in your business. So ask yourself honestly, “Do I have the time to sell my business on my own?”.

We see some business owners attempting to sell by themselves. Although, after 6 months or 1 year has passed, the results are a few crashed contracts, thousands of dollars spent on lawyers, and time wasted with no successful sale. Please, don’t make this same mistake. We believe in selling a business right and selling it the first time.

A Business Broker is the glue holding everything together and helps navigate such complexities for the successful outcome that you deserve.

There are 2 fees involved in selling a business. These fees are dependent on the size of the business and its suitability for sale.

Fee structure:

A one-off upfront payment for onboarding and getting the business prepared for sale.

The agreed commission is payable on the success of the sale on the settlement date.