Some brokers could ask for retainers which are sometimes non-refundable. Our initial consultation due to the current pandemic has been waived. At BizVision No Commission fee is paid until the business purchase is settled.

It depends on the business and the price range. Our minimum is $9,900 + GST for smaller businesses.

Sometimes deals are rushed by sellers or their brokers, which could be costly to the buyers. At BizVision, we believe in patience and care at each step. Many factors affect the business acquisition timeframe including finding the right business, negotiations with the seller, franchisor, seller's solicitor, landlord's solicitor, attaining bank guarantees, transfer of business name and assets. Typically from the initial onboarding session, it takes 3-9 months.

No. Our goal is to help the buyers find their dream business. Commission from the seller creates a conflict of interest and could potentially jeopardise the integrity of the search process and negotiations. We are also compliant with Real Estate and business sales law, it is also illegal for an agent or broker to represent both parties in a business sales transaction in most states.

In most cases No. If the price range exceeds $2,000,000 (including stock at valuation) a retainer is usually required, which is refundable in the event of no purchase minus fees payable for services provided to the buyer. For example, if a BizVision Associate travels interstate or abroad to investigate or negotiate a potential business requested by the buyer the incurred travel fees are payable even if the purchase is terminated. If the purchase is completed these fees are included in the commission as a simple percentage rate disclosed in the onboarding session and clearly covered.

It depends. If the business was found privately or through other parties not associated with BizVision and the agreement with the buyer was not an Exclusive Agency Agreement a commission is not payable.

Our team of associates are culturally diverse offering services in Arabic, Bahasa, Cantonese, English, Farsi/Persian, Hindi, Japanese, Korean, Mandarin, Punjabi, Tamil, Turkish, Urdu, and Vietnamese. Our associates use the pool of networks they have to increase their presence in different communities.