Chris answers your questions...... 

How much does it cost to sell?

We charge fees for advice and success fees for completed transactions. The fees are quoted when we have a thorough understanding of your requirements and the nature of the transaction required and the asset being sold.

We will tailor the structure to meet your preferences based on the type of transaction you need to execute and your objectives

We can provide you with an insight into the price and terms that buyers in your area are likely to offer. You will need to provide us with information about your business, clients and objectives to facilitate this. There are some regional and business model variations and with FoFA changes on the Horizon there are some changes impacting both supply and demand, and therefore price.

How long will it take to sell my business?

Before selling your business, we will spend time with you to assist you understand the sales process. We will assess your business and advise you if we think your business is ‘sale ready’ and the likely time line to reach transaction completion.

Reaching agreement with a buyer on price and terms can be as quick as a couple of weeks in some circumstances, completing  due diligence, contracts and settlement often takes a lot longer, particularly if the buyer is using a bank loan to fund the acquisition.

Based on assessment of your objectives and other factors including location, business model, and what you can offer a buyer and how well prepared you are, we will provide a practical timeframe that the entire transaction is likely to take until settlement. 

Can I sell part of my business?  

Yes. There are buyers looking to purchase:

• entire financial planning businesses 
• an equity position in businesses 
• businesses at a predetermined future point 
• entire client bases; and 
• a specific portion of a client base -you choose what you want to sell!