Business Marketplaces in Australia
Petrol Station (July 2022)
Rajesh came to Australia on a 188 business visa. After being rejected by the franchisor, we stepped in to assist him and managed to get him into the business he had found himself. In July 2022, he received his Permanent visa, and Now, he is looking to expand into his next venture.
Boutique Wine Store (July 2022)
Julie and Tom, recently bought a beautiful Wine Store in the Eastern Suburbs of Sydney. It took 11 weeks to help them find their dream business. The lease negotiations went smoothly and we were able to secure a 30% rent reduction for 12 months which is a bonus saving for them getting started.
Carwash and Cafe (Aug 2022)
When the pandemic hit New South Whales 2 years ago, Greg decided to leave his corporate job at Qantas. Overwhelmed with the options on the market, he decided to let us help him. He is now happier than ever running his Carwash business with his daughter.
7 Questions to ask the broker
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Your BizVision Associate will assist in finding the right business for you based on the criteria established in the onboarding session. Some businesses are never advertised and some are only offered through guilds. Our Associates have access to several off-market business portfolios including pharmacies.
One of the main fixed costs in majority of businesses is the rent. A sound business is usually accompanied by a favorable lease that is proportionate to the revenue of the business and has a long lease term. Our team will help you secure a good lease based on information we have on neighbouring businesses.
Managing the process
A deal needs to ultimately be a win/win result for both buyer and seller. Before closing the deal it’s important to have realistic expectations and to keep emotions intact. Your BizVision Associate will maintain effective communication with all parties involved including solicitors, business brokers or landlords.
Financing options could be limited these days due to strengthened lending requirements by banks. In many cases, our BizVision Associates have been able to secure vendor finance which is particularly useful when you don't want to or can't immediately produce the cash required for the full price of the business.
Our independent business valuation compiled by our Associates is an invaluable step in the due diligence process that could prove to be very worthwhile for revealing the business earnings, the desirability of the business sector and risks involved for you, the buyer.
It is not uncommon for business owners to optimistically overestimate their business performance and sales. BizVision has a unique method of verifying the sales range of a business using mystery shoppers, investigators, industry benchmarks and proprietary data analytics.
Your Journey with BizVision
Your BizVision Associate will create a profile and develop a roadmap for you based on your personal criteria.
Search and Match
Your Associate will search for businesses that match your profile. This search includes off-market businesses and exclusive listings.
Initiating and Negotiating
When it comes to the details of the deal your Associate will know what to expect and liaise between seller, solicitors and the landlord to make sure you get the best outcome.
Settlement and Support
Once the contract is finalised, BizVision Associate will put you in contact with network of accountants, marketers, designers and suppliers to get you started.
Ready to get started? Contact us today for a free* consultation!
* Due to the pandemic in Australia, we are offering back to our community with a Free initial consultation.