2024 is now well underway with settlements as late as 28 December in 2023.  In the first week of February, we have 6 deals under way, an excellent start.

We saw just under 64,000 unique visitors to our site in 2023

Our clients are offered a multi level marketing solution:

  • 5 websites, including this one
  • Social Media exposure
  • Direct mail to persons of influence and our subscription database of enquiries.
  • Newspapers.

When is the best time to sell?

Below are a few tips for consideration when you are thinking about selling your business.

Probably when the business is well established and generating good profits. Always allow a reasonable selling period – typically up to 6 months or even longer.

Stats for this year so far below:

MonthUnique visitorsNumber of visitsPagesHitsBandwidth
Jan 20247,61119,91644,674172,8902.79 GB
Feb 20242,7715,0557,36554,571985.26 MB
Total10,38224,97152,039227,4613.75 GB

So what documentation is needed to sell your business?

  • Up to date financial statements, including copies of recent Business Activity Statements (BAS);
  • A list of equipment to pass with the business, and whether it is encumbered ( i.e. leased/ chattel mortgaged etc);
  • A copy of your current lease, or alternatively a proposed rental or sale price for your property;
  • If your business is located in Victoria, and its plant & good will figure is less than $450,000, you will also need – at the time of deposit or contract – a vendor’s statement (Sn 52)  about the performance of the business. NB This does not apply to licensed premises.