100% Confidential, Proven processes,
25 years of experience selling businesses.
100% Confidential, Proven processes,
25 years of experience selling businesses.
Selling a business can be a huge challenge. With over 25 years’ experience through a multitude of market conditions we have learnt a few key principles to ensure you avoid the pitfalls and reap the rewards of your hard work.
Business owners who engage a LINK broker typically sell in three or six months, but large, complex enterprises may take longer. Once an offer is received, it generally takes around six to eight weeks to complete the sale process. Being in a hurry to sell puts you in a weaker negotiating position.
Providing potential buyers with future scope and forecasts that are reasonable and achievable (including any specific details) can further demonstrate the value of your business.
If you price your business too high, savvy buyers won’t consider it. Price it too low and you are throwing away hard-earned money. Your LINK broker can guide you on what the market is paying for similar businesses and what else is on the market in the same broad category.
LINK brokers have specialist expertise derived from many years of experience in business sales. We can provide advice and guidance every step of the way, protecting your confidentiality, qualifying genuine buyers and taking care of all the details. All this leaves you free to do what you do best – running the business.
Show a prospective buyer how easily they could take over by writing down all of your operations. Include your suppliers and major customers, business processes, the hours of operation, service providers, and what records to keep.
You will get a better price if your business looks professional and organised and is clean and tidy in all respects, including signage, interior, fittings, office, and storage areas. Your plant and equipment should be in good operational order.
Business owners who engage LINK exclusively and invest in our Ad.LINK marketing programme increase their chance of selling by more than 350%.
Establishing and maintaining trust means not trying to hide or disguise anything. Any irregularities or problems will almost certainly be discovered by a buyer and their advisors during the due diligence process.
Buyers (and their accountants) will want to see up-to-date figures – financial accounts, cashbooks, banking and GST returns. Lease agreements should be available for inspection and ideally have a reasonable term left to run. Being ready with this information keeps the sale moving along smoothly.
If you would like a confidential chat with one of our brokers, enter your details here and we will be in touch.
If you would like a confidential chat with one of our brokers, enter your details here and we will be in touch.
All LINK Offices are Licenced REAA 2008.
Copyright © 2020
Asking Price: $300,000
Listing BOP00065
Asking Price: $115,000
Listing CS00551
Asking Price: $149,000
Listing EL02213
Asking Price: $189,000
Listing HC0013
Sale Date: May 2020
Sale Date: May 2020
Sale Date: May 2020
Sale Date: April 2020
Gorgeous Hair Salon
Wellington Central
The Parkhouse Whenuapai
Auckland
Top Liquor Outlet
Otago
Wholesalers
Bay of Plenty
Sell Date: September 2020
Asking Price: $139,000
Sell Date: September 2020
Asking Price: $495,000
Sell Date: September 2020
Asking Price: $875,000
Sell Date: September 2020
Asking Price: $250,000
Distributorship
Bay of Plenty
Septic Tank Servicing
Christchurch Region
Auckland City
Home Based ECE
Workshop & Rental
Hawke's Bay
In just 2 minutes you can calculate the approximate value of your business using our Valu.LINK calculator, or request a more comprehensive appraisal from one of our brokers.
Should I be selling my business now?
Will this recession affect the value of my business?
Do I need to have my business re-valued if I am wanting to sell?
Should I be selling my business now?
Will this recession affect the value of my business?
Do I need to have my business re-valued if I am wanting to sell?
Low Interest Rates
In light of recent events, buyer demand for businesses is higher than it has ever been in our 25 years of selling businesses. Layer on top of that low-interest rates and more New Zealander’s uncertain about their security as an employee – there has never been a better time.
Low Interest Rates
Bank Interest rates are currently at record low levels making it more affordable than ever to borrow money to buy a business.
High Buyer Demand
LINK are currently experiencing the highest level of website traffic in over 25 years. Rising unemployment levels shift more people to secure work through buying themselves a job.
More Multi Offers
With more buyers competing, LINK are currently experiencing a higher level of businesses receiving multiple offers (and back up offers) from buyers which provides favourable results for you the seller.
Less Seller Competition
As a result of current economic times, many business owners believe that now is not a great time to sell a business and are deciding to hold off.
The Value of Certainty
Selling your business now creates certainty for you and your family with money in the bank – no one can predict the future in relation to you, your business or the economy.
Mergers, Strategic Acquisitions, Consolidations
Many businesses through an economic crisis look at consolidation or at growth / survival through strategic acquisitions – your business could well be the perfect bolt on or growth opportunity they are looking for right now.
Bank Interest rates are currently at record low levels making it more affordable than ever to borrow money to buy a business.
High Buyer Demand
LINK are currently experiencing the highest level of website traffic in over 25 years. Rising unemployment levels shift more people to secure work through buying themselves a job.
More Multi Offers
With more buyers competing, LINK are currently experiencing a higher level of businesses receiving multiple offers (and back up offers) from buyers which provides favourable results for you the seller.
Less Seller Competition
As a result of current economic times, many business owners believe that now is not a great time to sell a business and are deciding to hold off.
The Value of Certainty
Selling your business now creates certainty for you and your family with money in the bank – no one can predict the future in relation to you, your business or the economy.
Many businesses through an economic crisis look at consolidation or at growth / survival through strategic acquisitions – your business could well be the perfect bolt on or growth opportunity they are looking for right now.
Mergers, Strategic Acquisitions, Consolidations
In just 2 minutes you can calculate the approximate value of your business using our Valu.LINK calculator, or request a more comprehensive appraisal from one of our brokers.
Plan early to maximize your sale price.
In light of recent events, buyer demand for businesses is higher than it has ever been in our 25 years of selling businesses. Layer on top of that low-interest rates and more New Zealander’s uncertain about their security as an employee – there has never been a better time.
View more videos and articles from our knowledge centre
View more videos and articles from our knowledge centre
LINK Enterprise specialises in business sales from $2million to $50million. Infact, over the last 10 years, the LINK Enterprise team has successfully achieved better value for its clients across a broad range of business sectors.
How? Because we deliver more strategic and financially strong buyers, securing multiple offers from an international audience.
LINK Enterprise specialises in business sales from $2million to $50million. Infact, over the last 10 years, the LINK Enterprise team has successfully achieved better value for its clients across a broad range of business sectors.
How? Because we deliver more strategic and financially strong buyers, securing multiple offers from an international audience.