For more details and more businesses for sale please refer to our website; www.jamiesons.com.au
COMPUTER SOFTWARE AND SUPPORT BUSINESS Specialised computer software, maintenance and support business, established over 20 years. Delivers turn-key packaged software solutions and services suitable for a range of hardware and operating systems. Solutions designed for major sector of transport industry and can be customised for customers’ specific needs and for companies of all sizes. Installed Australian and International customer base with maintenance and services under contract accounting for over 75% of income.
DISTRIBUTOR INDUSTRIAL PRODUCTS Sydney-based importer distributes a specialised range of industrial products mainly for the processing of liquids with annual sales of $4.8m. All are top quality from reputable manufacturers mainly in Europe. Several exclusive Australian and NSW distributorships are held. Clients include manufacturers, resellers, infrastructure projects and contractors.
REGISTERED TRAINING ORGANISATION This highly regarded RTO is one of the largest providers in Australia in the health/lifestyle sector. Online delivery accounts for 50% of revenue of $3.4m. VETAB accredited, the business possesses significant intellectual property, has an excellent teaching faculty and offers genuine growth opportunities.
ELECTRICAL MAINTENANCE & CONTRACTING The business is based in a major NSW regional city and services industrial and commercial clients across a large part of the state. It has been operating for over 14 years and has a high market share in its niche which will return over $400k to an investor. A large proportion of sales are to regular repeat customers. Its fully-equipped premises are for lease from the owner who will stay for an extended handover period.
New Business Opportunities expected to become available soon include: • Kitchen manufacturer and retailer • Regional area supermarket
Recent business sales include: • Homewares import & distribution • Industrial Products import/distribution (acting for buyer) • Lifestyle apparel manufacture and marketing • Automotive service repair & parts
The current economic climate has created some difficulties for people seeking finance when they’ve wanted to buy a business. Financial institutions have certainly not been as willing as they once were, with the consequence vendor finance has been used in some instances to achieve a good outcome. So if you’re a motivated seller you could consider vendor finance to attract buyers and secure a good deal. Vendor finance can have several advantages including:
Attracting more potential buyers
Improving the purchase price
Allowing time for the lender bank to gain confidence with the borrower
Give a clear indicator that the vendor has confidence in the performance of the business.
While there are advantages, there are also disadvantages, such as:
In most dealings vendor finance tends to be for 6-24 months. It’s best considered a bridging facility. The borrower should have a sound plan to refinance within 1 or 2 years
Interest rates for the initial period tend to be competitive with bank loans. If the buyer wants to extend after the initial term, rates can increase sharply.
Risks to the vendor are always higher with vendor finance but this has to be balanced not only against the risk of default, but also the genuine risk that the vendor will not attract sufficient buyer interest or the price being sought.
If you would like to know more about vendor finance and how it might work for you, call our office for a no-obligation chat.
