Purchase of Australian established business by non-residents
We can provide comprehensive and efficient assistance in all matters relevant to purchase of established businesses in Australia whether you wish to migrate to Australia under one of Business Skills Entry visas or just seeking a lucrative opportunity to invest your extra capital in one of the most vibrant world economy boasting a safe business environment. We are equipped with a wealth of business experience, ready to guide you through every step on your way of acquiring a business in Australia. Our wide network of long-term contacts among the Licenced Business Brokers in all Australian States and Territories allow us to locate business options tailored to our clients specific needs and structure the subsequent purchase deals in a way that suits them best. We deal only with the reputable Business Brokers duly accredited by the relevant Australian authorities (e.g. Real Estate Institute of Victoria (REIV)) with membeship at the Australian Institute of Business Brokers (AIBB). Prospective overseas buyers have a wide range of Australian businesses for sale to choose from: shops, cafes, restaurants, supermarkets, services stations, beauty salons, hotels/motels, manufactuting plants and factories, warehouses and a lot more...The listings are being updated on a weekly basis. We can offer our professional assistance with purchasing businesses in any Australian State or Territory. We provide management consulting and business development services on an individual basis.
We can conduct a strategic review of the business and produce business and marketing plans for the new owner, including:
- Identifying businesses that meet the investment criteria of the purchaser (prospective business migrant);
- Undertaking a review of the business to confirm the business vendor's representation;
- Assisting with the business purchase negotiation process;
- Liasing with other professionals on accounting, taxation and legal issues;
- Overseeing the `due diligence` process;
- Assisting with the paperwork to prepare the purchase settlement;
- Assisting new owner to operate and manage the business for a transitional period;
- Coaching and mentoring business owners;
Looking for a business is an exciting and challenging process. A successful purchase requires good advice, planning and search. Let us assume that you have found that special business (or franchise) and you are ready to take the next step. What should you do to ensure success?
A good start would be to consider/explore some of the following:
- Check and verify the vendor's financial records and statements;
- Consider the amount required to fund debtors and stock;
- Review the staff requirements and skill sets;
- Analyse sales history and profile the customers;
- Who are the direct and indirect competitors?
- Obtain a copy of the lease, understand terms and conditions;
- Ensure landlord's consent to an assignment is obtained;
- Validity of patents and trademarks;
- Licences, permits and regulatory requirements in place;
- Ensure distribution rights and contracts are transferrable;
- Conduct a SWOT analysis on the business, can you fill the gaps?
- Obtain a Vendor's Statement (if appropriate);
- Engage an accountant to conduct due diligence;
- Ensure finance in place for purchase;
- Consult legal adviser and accountant before signing contract;
We can save you time and money by helping you look for a suitable business and assist you by guiding you through the whole process of purchasing the business of your choice in Australia. We will be pleased to offer our research, negotiating and deal-making skills to you to help you achieve your goals in Australia.
Please, feel free to contact us, should you have any queries or require any additional information. Thank you!
Buying established business
