Selling your Business
Selling your business is a complex procedure that encompasses many and varied considerations.
In determining a realistic sale price and advertising strategy the experienced Brokers, at Professional Business Brokers will take into consideration:
- Weekely Turnover
- Gross Profit Percentage
- Legitimate Add Backs
- Nett Profit
- Nett Profit Percentage
- Adjusted Nett Profit
- Location Type of Business
- Nature of Stock
- Hours of Operation
- Number of Staff
- Total Wages Budget
- Overall appearance of Premises
- Tenure
- Business History
- Perceived Sustainability of Trade
- Value of Plant and Equipment - as shown on depreciation schedule
- Value of Plant and Equipment - at realistic Current Market Value
Sale Price Calculation
To enable an accurate assessment of a realistic sale price for your business we will require specific financial information.
It must be realised that the price of any business is based on its profitability.
Consequently we must have:
- An updated Form 2 until the end of the most recent financial year for business to be sold for under $200,000
- A Profit and Loss Statement, prepared by an Accountant for business to be sold for over $200,000
- A statement showing weekly turnover since the end of the most recent financial year
- A Depreciation Schedule showing the depriciated value of the Plant and Equipment
