Below are details of all publicly archived questions & answers for the "Buying & Selling a Business" category. Wherever possible, Questions & Answers for the public archive are chosen for their broad appeal to a wide range of viewers.
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Selling a Business
I'm thinking of selling my fish & chip shop and retiring. What should I do to make sure I get the best price?...More |
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Buying a franchisor's products
I'm thinking of purchasing a franchise business and the franchisor has said I should buy my products through him, even though I may get a better ...More |
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Vendor Financing
My partner and I would like to purchase a small cafe. It is being sold for $39k. The banks won't lend us money as they say cafes are too risky ...More |
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Pricing a business
I'm thinking of selling my bookstore and although I have a rough idea of what I would like to sell it for for, I want to make sure I haven't ...More |
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Benchmarking information for post offices
We are thinking about buying a post office and would like to know average benchmarking information - for a privately owned post office in suburbs of ...More |
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Buying a caravan park
My husband and I are considering buying a Caravan Park in N.S.W. One that interests us presently is located in a National Park - the land and most ...More |
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How to evaluate the goodwill portion of a sale
It seems that there is no standard accepted guidlines/criteria for the estimating of the goodwill portion of the sale price. I am not selling ...More |
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How do you determine a sales price?
How do you estimate the value of your business, in order to gain a reasonable sale price? What is the estimate of goodwill? I asume all assets and ...More |
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Purchasing a cafe
I am thinking of buying a cafe with a partner in Sydney CBD as an investment. The aim is to have it fully managed while I still work as a contract ...More |
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What is the timeline for purchasing a business?
I am in the middle phase of purchasing a business. I have poured over the projections with my accountant, I have contacted a lawyer, I began ...More |
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Selling a business without broker/agent
Please tell me the steps to take to sell my one third of a business (freehold) without using a broker or real estate agent. I can do my own ...More |
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Selling a retail business
Under what conditions and what information is required in order to sell a small retail business?...More |
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Where to find basic information on business terms?
I'm considering buying a business next year and have started my personal quest of learning and fact finding. I'm finding businesses ...More |
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Succession planning
My parents own a small newsagency which is held in partnership between the two of them. They have decided that they want my husband & I to take over ...More |
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Selling an online business
I own an purely online share accommodation service, now the biggest in Australia, with over 23,000 members Australia wide. We would like to sell the ...More |
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Purchasing existing business
We currently operate a concreting and fibreglass pools business, but we are considering losing the pools and purchasing a hotel. My partner would ...More |
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Writing a business plan
I am in the process of applying for a loan to purchase a small business, which has been established for 9 years. It is a pet shop, which has ...More |
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Purchasing & financing a business
My husband and I are looking into buying a dry cleaning business. It has all positive aspects (client base, management, location and minimal ...More |
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Finding the number of pools in an area
I'm looking at buying a pool maintenance franchise. I have the option of buying in an established area or starting a new one. How do I find out ...More |
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Working out the goodwill factor of a business
I am looking to purchase a business with my brother-in-law. He currently manages the business and has a good relationship with the clients. The ...More |
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Costs of purchasing an existing business
When purchasing an existing business, what are the approximate accounting and legal costs involved in having a professional check the books and ...More |
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Loans to purchase a going concern
I am currently employed full-time in a senior management position. I am considering buying a restaurant/bar/cafe as a going concern. I do not own my ...More |
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Purchasing assets
I'm looking at purchasing an existing cafe business on the South Coast. It has been operated by the current owner for the past 10 years. As ...More |
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Business terms
My husband and I are currently researching owning a coffee shop. Consequently, we've come across terms that we do not understand, particularly ...More |
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Calculating a selling price
We own a busy service station with take-away facilities which we are now looking to sell. We know the value of buildings, plant and equipment, but ...More |
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Determining a selling price
As a 50% shareholder and director of the company, I wish to determine the value of my business and all my monetary entitlements from within the ...More |
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Admission of new partner
I am an accounting student and I need help with the following: I have two partners who want to admit a third partner. The third person offers 120k ...More |
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Buying an existing business
In the ads for businesses for sale they use the term SAV. What does this mean?...More |
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How do you calculate the 'Super profit ' of a business?
When determining the value of a existing business from financial and P&L records, how do you calculate the Super Profit which brokers quote? Is this ...More |
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How do you calculate the 'Super profit ' of a business?
When determining the value of a existing business from financial and P&L records, how do you calculate the Super Profit which brokers quote? Is this ...More |
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Selling my business
I own a successful health food store that I am currently selling through two different brokers. I feel these brokers are not really interested in ...More |
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Shutting down a company
My husband is in the process of shutting down the family business, which is a Pty Limited Company. Can you please advise as to what steps to take or ...More |
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Stock valuation
I am considering buying into an established electrical retail store selling whitegoods, audio/visual, small appliances, air-conditioners, computers ...More |
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Transfering a business name
What steps do I have to take to transfer a business name from vendor to purchaser (me) and do I have to register for my own ABN for that particular ...More |
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Help with alternative finance
My main problem is I am trying to buy a cafe but I don't have any cash. I have paid $46,000 off my house (which through my bank equals $23,000 ...More |
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Purchase price for existing business
I am looking at purchasing a restaurant in North Hobart which has been established for approx. 18 months (it is a franchise). Is there a formula to ...More |
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Selling a business
I want to sell my business and was wondering what sort of forms do I need to complete for the settlement (the vendor's side of things only)? I ...More |
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What is my business worth?
Tearooms-Restaurant. Situated on beach in picturesque location
Renovated rambling building with various zones. Seating capacity 220 (80 inside, ...More |
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Buying a business terms
Can you please tell me what it means when sellers state asking price is $ + SAV or WIWO?...More |
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Buying an established business
I am talking to a business owner about buying a share of his business. He has been in business for 6 years. We would become partners. Where can I ...More |
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Transfer of obligations from the previous owner to the new owner
I'm interested to know what you are actually buying when you buy a business and whether the contractual obligations of the past owner are ...More |
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Value of a business
Are there formulas or methods for valuing a business? I know there are variables in different industries but I am looking to value a number of ...More |
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Buying a retail business
I would appreciate some feedback on some of the important points to consider when buying an established retail business in a shopping centre e.g. a ...More |
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Calculating the value of goodwill
I would like to find out more about how goodwill is calculated. We import agricultural products and we have a reseller in another state whom for the ...More |
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Estimating a purchase price
I am currently investigating an offer from my brother to buy-in to his business (50-50 partners). He started his business 18 months ago. I am ...More |
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Finding a broker to sell an IT business
I have an IT professional services consulting business which I have developed over the past 8 years. I now wish to sell the business. Can you provide ...More |
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How to value stock of a cafe
I was wondering how to value the remaining stock when purchasing a cafe. Are all the goods valued at their purchase price? For example, if there is a ...More |
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Legal requirements of selling a business
I am currently investigating buying a retail business. Are there any legal requirements on what information the seller should provide before the deal ...More |
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Mobile dog wash
I am very interested in the idea of a mobile dog wash. I have a few ideas regarding this business but I would like to hear feedback from a ...More |
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Purchase price for business
I am contemplating the purchase of a small garden centre that was advertised in the paper as "$89,000 + stock". I have spoken to the owners and ...More |
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Purchasing a business
I am looking to purchase a mini bin business as a going concern. The plant and equipment is valued at $120,000 and the asking price for goodwill is ...More |
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Stock considerations
When buying a newsagency the price is $$$ + stock. When doing the stock take, will I be able to select what stock is current or perhaps out of date ...More |
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Valuing a butcher shop
Please advise as to whether there are any rules of thumb for valuing a butcher (for the purposes of buying and selling butcher shops). For example, ...More |
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Buying a free regional newspaper
What is the potential in this type of business? This is a fortnightly free newspaper with 10000 copies, and 20-24 pages in a regional North ...More |
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Buying an online business
I have an opportunity to buy an online dating/matchmaker business. I don't know anything about online businesses, so could you give me some help ...More |
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Choosing the 'best ' business to buy
My wife and I have worked in professional jobs throughout our working lives. We now want to be self employed. One form that might take is to buy and ...More |
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Collateral for finance
We are considering purchasing a business; it is very early days however. The business is in two parts. The main part is a concession to operate the ...More |
