Buying a Business

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Buying a Business

 

If you're looking at buying a business in Australia it is easier than you think. Bsale is a premier business for sale website with thousands of opportunities to buy a business. It's as simple as making an enquiry on a business that takes your interest.We have put together the steps to buying a business to help you in the process. It is important to seek professional advice from an independent party when buying a business so you have a full understanding of what you are purchasing.  

 

What are the steps in buying a business?

 

 

Step 1

 

 

It's important to have an understanding of your skills and what type of business you want to buy.

 

Step 2

  

 

Understand your buying power. How much money do you have to invest? There is the opportunity to gain a loan to purchase a business. This will normally rely on some type of collateral so you will need to have an understanding of your finances and what you have available to invest. Some businesses will offer vendor financing but its not a good idea to solely rely on this type of finance. 

 

Step 3

  

 

Start searching. There are thousands of opportunities. You can search via region, category, price or keywords. Narrowing down a good business buy can be time consuming. So it is a good idea to set up buyer alerts so you receive notifications when new businesses are listed. 

 

Step 4

  

 

Contact the seller of the business. Once you have begun communications they will normally require you to complete an NDA to protect the details of the business. This is to ensure they are only speaking with genuine enquirers. 

 

Step 5 

 

View the business. It is a good idea to arrange a time to meet the owner and view the business.  

 

Step 6

 

 

 

  

 

If you wish to proceed with buying the business. You should request to complete due diligence. This is the process of reviewing all the businesses details. It is a good idea to engage a professional business valuer during this process so you can be sure the business is priced accordingly. Some times the owners will request you to pay a deposit, which can be refunded if the due diligence doesn't meet your expectations. You can also continue to negotiate on the sale price and the terms that are placed in the contract.  

 

Step 7

 

Once the due diligence has been performed and you agree to purchase. You need to complete the contract of sale with the seller and ensure you seek legal assistance. 

 

Step 8  

 

Settlement. This occurs once the payment has been paid and the business information, assets etc have been transferred to you. It is important you consult with a legal team during this process.  

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Step 9 

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Enjoy your new business! 

 

 

 

 

 

 

How can I search for a business to buy?

 

We have thousands of business that you could buy. Please search via category. 

 

Search by business category                          Category also includes these types of businesses to buy

Accommodation business for sale          Tourism business                    Management Rights                        Hotel for sale                        
Advertising business for saleMarketing business for saleSignwriting businessPrinting business for sale
Agriculture business for saleRural Services businessFarm for saleAquaculture
Mechanical repairer for saleMechanical workshop for saleSmash repairPanel Beater
Petrol Station for saleCar Sales yard for saleService StationCar Wash
Taxi, transport business for saleDistribution business for saleCourier business for saleFreight logistic 
Beauty and Hair Salon salesBeauty Salon for SaleHair Salon for saleDay Spa 
Building business for saleConstruction businessBuilding Maintenance for saleProject builders
Business and Professional servicesReal Estate Agency for saleMortgage Broker for SaleLawyers & Conveyancing
Cleaning and Domestic servicesCleaning business for saleCommercial cleaning contractorsDomestic cleaning services
Commercial PropertyShops for saleWarehouse for saleOffices for Sale
Education business for saleTraining business for saleEmployment business for saleChildren's Services
Entertainment business for saleAmusement businessesMusic shop for saleVideo store for sale
Cafe for saleCafe / TakeawayCafe franchises for saleCafes for sale
Food franchises for saleBuy a Food Franchise Franchised food outlets for saleFood Franchise Opportunities
Hotel for salePub for saleLiquor store for saleBar for sale
Mobile food van for saleFood vans for saleCatering business for saleMobile coffee van for sale
Food manufacturing businessWholesale food business for saleFood import business for saleFood export businesses
Restaurants for saleBuy a RestaurantRestaurant FranchisesFunction Centre for sale
Supermarket for saleButcher for saleBakery for saleFruit shop for sale
Take-away business for saleHamburger shop for saleBBQ Chicken shop for saleFish & Chip shop for sale
Franchise OpportunitiesFranchises for saleBusiness OpportunitiesBuy a Franchise
Health, Medical & Fitness businessGym for saleFitness centre for saleHealth food store for sale
IT business for saleComputer sales servicesInternet servicesPhone sales and service
Lawn Maintenance service for saleMower repair shop for saleLawn mower shop for saleGarden Maintenance
Manufacturing Business for saleWholesale business for saleImport business for saleExport business for sale
Pet shop for salePet care for saleMobile pet wash for sale Boarding Kennels
Retail Clothing store for saleFashion boutique for saleJewellery shopShoe Store
Florist for saleArts and Craft store for saleArt gallery for saleFlower hut
Furniture business for saleHousehold goods for saleGiftware businessFurniture store
Hardware store for saleLandscape suppliesNursery for saleGardening business
Newsagency for saleTatts lotto agency for saleBookstore for salePost Office for sale
Trade services business for salePlumbing business for saleHandyman business for saleElectrical services
Vending business for saleVending Machines for saleVending services for saleDrink machines
Work from HomeHome business for saleWorking a home businessWorking from home
Websites for sale Online stores for sale Internet website for saleE-Commerce Website

 

 

 

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