10 JULY 2020 WEEKLY MARKET WRAP UP


MESSAGE FROM THE PARTNERS


A couple of weeks ago we spoke about how enquiries from buyers had skyrocketed during COVID, especially from those looking to acquire businesses under $500,000 or are opportunity buyers in the current climate.  However, since then, we’ve seen a significant increase in other types of enquiries, these are from sellers who have already listed their business/es elsewhere and have no idea why they’re not receiving any enquiries.


If you are one of these people or know someone else who is, we’d love to hear from you. We’re offering a simple assessment for anyone who currently has their business listed with a broker (or privately) and has found themselves twiddling their thumbs wondering why no one is buying. 


Earlier this year we launched MYBIZSALE.com.au to help business owners in this situation. This platform is growing exponentially due to our ability to generate leads, with a large amount of new businesses preparing to go live in the coming weeks.  


MYBIZSALE.com.au is our proprietary buyer enquiry funnel. It captures huge volumes of quality enquiries in order for sellers to find the right buyer and successfully sell their business with no commission payable. This, coupled with the support and advice from a dedicated broker makes selling smaller businesses a whole lot more profitable for vendors and a lot more flexibility on the sale price for buyers.


If your business is currently listed and not receiving enquiries, or you are looking to purchase a business for a fair price, especially in the current market, then MYBIZSALE.com.au could be the solution.  


1300 692 497 | info@mybizsale.com.au




We have been representing less and less food retail business over the last 2 years, as VBA has transitioned away from this sector. It must be an incredibly special food business for us to undertake a full scope service just like this one.


The key metrics we look for in today’s climate when it comes to food retail:


✓ Positioned in a significant community outside of a central business district

✓ Lease of over 10 years and under 5% of revenue

✓ Owners are not key persons in the kitchen

✓ Proven resilience



Our mission is to transcend the standards of the business broker industry, and this means so much more than just selling businesses.


We would love for you to be part of our community.



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From all of us at Vision Broker and Advisors, we really look forward to working with you.

Good luck, and make sure you have a look at our business for sale.

https://www.vbaaustralia.com.au/businesses-for-sale-vision-brokers

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30 + years experience 

in operating, selling and buying

businesses

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(02) 8923 2632

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North Sydney, NSW 2060

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