West Australian Business Brokers | Company
West Australian Business Brokers
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25.01.2022 Do not miss out on this significant rent roll for sale. Consisting of 330 properties offering great management fees of over $450,000 plus there is another 38% in leasing and ancillary fees. This exceptionally well managed portfolio is located South of the river in Perth. This portfolio would be ideal as a stand alone business or used to boost an existing agency rent roll, helping to establish the purchaser as a market leader in this popular district. $1,200,000.... Ready to find out more? Contact Lee Goldstein for details on this great opportunity
22.01.2022 Rule of Thumb Business Valuations Published on February 11, 2020 Edit article View stats Lee GoldsteinStatus is online... Lee Goldstein Principal at Business Reports & Values 7 articles No alt text provided for this image I have been valuing businesses for well over 30 years and the one constant I have been asked over that period is What is the rule of thumb for this business? So, let’s look at what a rule of thumb is. A heuristic technique or a heuristic for short, is any approach to problem solving or self-discovery that employs a practical method that is not guaranteed to be optimal, perfect or rational, but which is nevertheless sufficient for reaching an immediate, short-term goal. "Heuristic" is also often used as a noun to describe a rule-of-thumb, Rules of thumb are simple pricing techniques that business brokers typically use to approximate the market value of a business. Rules of thumb fail to consider the specific characteristics of a company as compared to the industry or other similar companies. In addition, rules of thumb do not reflect changes in economic, industry, or competitive factors over time. Business valuation theory and practice does not include specific methodology for rules of thumb in developing a value, as there is typically no empirical evidence relating to how the rules were derived or if, in fact, the rules are reflective of transactions in the market. This is often the case as although many business owners use a rule of thumb that is hearsay, there is obviously never any solid evidence to support the rule of thumb. Parties that seek to avoid the relatively small cost of a properly prepared business valuation and opt for any kind of rule of thumb method, not only mistakenly believe that the business valuation process can’t be complex, but may well under price their business by many ten of thousands of dollars. Considering that business valuations are a legitimate business expense it is common sense to have a properly prepared valuation undertaken. A business valuation report that is prepared by an expert with the correct experience and qualifications, and one that is defensible, concise and understandable, rather than rely on a rule of thumb that actually has no basis of fact. The principle of Business Reports and Values, Lee Goldstein, has been involved in Business Valuations since 1985. He holds the following qualifications: Double Major Degree in Accounting and Finance Diploma in Forensic Accounting Graduate Diploma in Valuation Advanced Certificate of Business Advanced International Certificate in Intellectual Property
22.01.2022 Nets $120,000 All work supplied Full training Low operating costs Can be operated from home... $160,000 See more
22.01.2022 Hair Salon for sale Fantastic fit-out and great location make this salon a tremendous buy. Rent of just over $500 per week and plenty of free parking this salon has everything in place for a new owner to take over and build on the existing clientele. $80,000
22.01.2022 Selling Your Business Selling your business can sometimes be problematic. Business owners may have an unrealistic expectation of the time (and effort) needed to conclude a satisfactory business sale. There are a number of things that an owner can do to improve the process and ensure they receive the best price for their business. Amongst these are: Financials....Continue reading
22.01.2022 Nets $250,000 Distributing the extensive range of Brownes products. Operating 6 days per week.... Business includes two trucks. 5 year contracted business. Well structured with reliable staff. $595,000 See more
21.01.2022 Superb Profits. With the current owners looking to retire this is a superb opportunity to purchase a well established manufacturing, import and installation business. Family run for over ten years, with an excellent range of products, this business would suit someone with a sales orientation or administration background. Having extensive plant & equipment this stand out business is being offered for sale at $390,000 plus stock.
20.01.2022 Milk Distribution Business Major Branded Products... Exclusive Territory and Distribution Rights Minimal Staff Regular Customers Written Distribution Agreement $600,000 Inclusive
19.01.2022 Cafe for sale at $195,000 Turning over $11,000 this quality business is equipped with the finest equipment. Approximately 70% of the sale are coffee. Currently opening 5.5 days with early closing during the week at 3.30pm. The cafe has a long lease and represents excellent value at $195,000.
19.01.2022 POOL SERVCIE Easy Money. 84 year old owner is finally retiring! Net profit of $115,000 , home based, a truly simple business to operate. plenty of scope for improvement. This business is ideal for anyone looking for a good reliable income. Occassional saturday work, but mostly 5 days. Represents real value at $90,000.
19.01.2022 Freehold Car Wash Built to the highest specifications, this brilliant business has the following: 2,464 Sq metres 6 self-serve bays... Dedicated space for an automatic machine 6 vacuum bays Dog Wash Drive through Coffee Kiosk Usual ancillary and change machines Minimal Labour costs Predominately cash One of the very rare businesses that is showing consistent growth and profitability. $2,500,000 inclusive.
18.01.2022 Freehold Nursery For Sale Magnificent 4x2 property 2.5 Acres Extensive infrastruture Two road frontages... Significant stock holding Perfect family business $1,800,000 inclusive of everything See more
17.01.2022 Highly profitable franchise . Very well established and showing a net profit of $300,000 per annum over the last two years with an owner working part time. Benefits include: Superbly fitted out Huge Membership Ongoing support and training... Membership by direct debit. No debtors or late payments Contact us today to learn about this exciting opportunity. Asking $600,000. See more
16.01.2022 This home based service business has averaged over $200,000 net profit per year, over the last three years based on the TAX RETURNS. Suitable for a new owner that has handyman skills, there is great opportunity to change the current operation, and for a new owner to move more into an administrative role. Established in 2008 by the current owner this business represents incredible value at $345,000, with a real opportunity to develop and grow further the excellent business model.
15.01.2022 Coffee Shop Turnover $11,000 pw + 5 Day operation... Early closing Excellent fully trained staff Good lease $180,000 plant & equipment $265,000 See more
13.01.2022 Selling a Business The process of Selling a Business is often a once in a lifetime event which can be both daunting and emotional. You have probably dedicated many years to building your business. When the time comes to decide on selling a business, you want to be assured that you are dealing with qualified specialist. West Australian Business Brokers work very closely with you to ensure you receive everything that your business is worth. West Australian Business Brokers assi...st you in identifying what needs to be done, negotiating the terms of the sale and closing the deal. We can also help determine whether any intellectual property rights should be excluded from, or included in, the sale as well as determining if any protection needs to be created for those rights.
12.01.2022 .Forensic and Litigation Support Business disputes and litigation are often complex and very rarely straightforward. Lee Goldstein the principal of West Australian Business Brokers provides Forensic and Litigation Support and is experienced in presenting expert evidence before court, tribunal and mediation/settlement proceedings. Lee brings a broad base of business experience and a diverse skill set to examine the financial affairs of the parties and establish the facts. His experience in a combination of financial, business, insolvency and court matters over a period of over 30 years allows him to evaluate different circumstances and present his findings in a clear and concise manner for valuations, prosecution cases and litigation support.
12.01.2022 Established by the current owner in 1990 this superb manufacturing business has grown into a considerable enterprise that could be expanded tremendously by new owners. The main business and showroom is operated out of one unit, the fabrication operates out of an adjacent unit, and the powdercoating out of a third unit. All the units are owned by the owner of the business. The range of products the business manufactures is extensive.... There are fully trained staff operating the business, and non have been with the business for less than 5 years, with many being employed for over 10 years. The business has extensive plant and equipment and intellectual property. Manufacturing Installation business for sale Manufacturing Installation business for sale Manufacturing Installation business for sale Key Features: Nets $400,000+ Excellent fully trained staff Superb reviews 3 businesses in one Extensive assets Highly profitable Brilliant systems in place Incedible value at $800,000 ps Rarely is a manufacturing business of this quality offered to the market. For further details contact Lee Goldstein
11.01.2022 Value of a Business It is basic valuation theory that the value of a business is equal to the present worth of the future benefits of ownership. This statement is a fundamental principle of business valuation. This is bolstered by the fact that, a rational buyer normally will invest in a company only if the present value of the expected benefits of ownership are at least equal to the purchase price. Likewise, a rational seller normally will not sell if the present value of t...hose expected benefits is more than the selling price. Thus, a sale generally will occur only at an amount equal to the benefits of ownership. In business valuations using the Future Maintainable Earnings methodology, we are determining the value of a business based on the value of an income stream. The methodology determines the value of the business and not the price at which it may change hands. The methodology makes no assumptions as to the price on sale. It represents the present value of the future income flows from the business. Value and price are often not the same, as price may reflect other benefits that ownership of the business may confer such as synergies with existing businesses, a job, the desire to be self employed, lifestyle decisions etc. What is Price? Price is what you pay for a given product or service. You buy a Suit that costs $1495. Its cost is $1495. You decide to have your housepainted before you sell it. This costs you $1200. Its price is $1200. Simple as that. What is Value? Value is what any given product or service is worth. If the suit you bought helps you get a job with a salary of $150,000, Its value is significantly worth more than the $1495 you paid for it. If painting your house gains you an extra $8,000 the value of the painting is $8,000 not $1,200 The Difference Price is the amount you pay. Value is what the product or service pays you. This value could be measured in financial terms, emotional terms, physical terms, or in any number of other ways. Lets take a classic Adam Smith example of price and value and change it slightly. Consider the differences between gold and water. We most certainly need water to survive, but we do not necessarily need gold to survive. Yet, we are willing to pay a much higher price for gold than a bottle of water. Why? Well that comes down to the ease of acquiring such a product. Water is abundantly available on Earth. Gold require an intense amount of labour to extract from the Earth, and it is not readily available like water. However, during the Gold rush in Kalgoorlie water was selling for almost the same price as gold because of it scarcity.
11.01.2022 23% Return Under Management Freehold Incredible buying at $595,000 ps This freehold hotel and general store on 1.5 acres of commercial land is a real gold mine, Established in 1907, the Sandstone National Hotel and General Store is 661km from Perth and 157km from Mt Magnet, and is the only pub and general store for 150km!... - Newly renovated inside and out, with improvements ongoing - Mix of motel-style rooms and pub rooms, including 4 new rooms with ensuites - TVs and split air-cons in all 12 rooms - Bar and restaurant, with new fridges/freezers - Licensed 6am to 10pm on Sundays, and 6am till midnight Monday to Saturday - Karaoke facilities- General store - No experience needed - Excellent staff in place - Regular and annually returning clientele - 3-bedroom house with private yard, in-ground pool and large shed - regular groups of people including prospecting groups and biker groups. The National Hotel is a popular stopover for tourists, miners and prospectors. With nothing more to spend, this is a potential-packed freehold investment that would suit a variety of buyers. See more
10.01.2022 Manufacturing Business. Excellent net profit Established by the current owner 18 years ago 9 months net $426,000 Long term staff. No employee has less than 5 years service Extensive plant & equipment and intellectual property... Owner works 3 day week $900,000 ps ($70,000) See more
08.01.2022 Coffee Kiosk Prime location 50% increase on last year Long lease available Full training given... No Franchise Cheap rent $150,000
07.01.2022 Sawmill for sale. Established over 60 years and earning in excess of $400,000, this superb business has contracts in place and has extensive plant and equipment.... Offered for sale at $850,000 ps this represents a once in a lifetime opportunity to acquire a business that is a local institution, has extremely high barriers to entry and is future proof. See more
06.01.2022 Located in a tucked away courtyard surrounded by leafy trees, this is one of the prettiest cafes in town. Known for its top quality coffee, delicious seasonal menu and friendly service, this has been under the same owner for over 10 years. Cheap rent and $20,000 + per week turnover make this a brilliant buy at $340,000. The owner does not work week-ends. Please contact Lee Goldstein for further details. Office 1800 566 872 Mobile 0414 252 032
06.01.2022 An exciting opportunity to own this Hand Carwash business located in a very prominent position and enhanced with a cafe, Ideal opportunity for an owner operator or a family. Benefits include: Loyal established client base Multiple income streams Servicing commercial and private vehicles... Strong forward bookings Extensive plant & equipment. Long lease (2030). Expressions of interest are sought for this highly desirable business. See more
04.01.2022 Superb Rent Roll for Sale. Businesses with a great history and marketplace awareness are rare. This business has been operating successfully for decades. It is now available for sale and will suit a new owner keen to dominate the local market. The sales office is in a fantastic location and competitive in the market with ample capacity to continue to grow. Over 320 managements - all residential... 8.12% average management fee Approximately $116,000 in extra fee income 50 + sales last year This portfolio is well managed and boasts very low arrears, vacancies, and multiple owners. The properties are primarily located in a very close vicinity to the office. Please contact Lee Goldstein for further details. Office 1800 566 872 Mobile 0414 252 032 See more
03.01.2022 If you are searching for a Drive Through Coffee Kiosk for Sale, this may well be it.This superb coffee kiosk has represents excellent value in today's market. The purchaser will be able to negotiate a long lease at an excellent rental. Since being built this business has showed excellent growth and is fully equipped. Very rarely do businesses that net an owner $100,000 become available for less than $200,000. Contact Lee Goldstein today for further details on this great opportunity.
