Businesses
Accommodation
Accommodation & Business Brokers
Advice For Selling
WHAT CAN YOU EXPECT
As a vendor you can expect a high level of service from Gordon and Ross as your brokers, including:
- Vendor reports detailing all buyer contact and responses to your advertising.
- Clear communication with personal contact and honest feedback throughout the selling process.
- The opportunity to promote the sale of your business through all the major websites and for accommodation businesses, through our popular in-house newsletter with our database of over 2000 potential buyers.
- Considered advice and access to LINK’s significant market data and analysis and LINK international offices.
- Confidential handling of your business with a high level of integrity for all parties.
Listing your property with us will ensure your property has the widest possible coverage on one the most widely accessed website in the world.
regional REPRESENTATION
The LINK website attracts every potential buyer in the country, and beyond! Gordon and Ross have a regional office in Napier and a special focus in Hawke’s Bay, but they are expert business brokers who sell anywhere – with listings and sales far and wide - from Queenstown, Porirua, Whanganui, Paihia, Coromandel, central plateau, the widest reaches of the Bay of Plenty and everything in between.
If you are looking for professional brokers who work tirelessly for their vendors, who will list and present your property or business to the market in the best possible way, with the widest coverage and exposure in order to achieve a maximum sale price, in the quickest possible time, then you need to call us today!
BUYERS FINANCE/FUNDING
From day one, Gordon and Ross like to take control of the selling process by qualifying buyers to determine their level of motivation and very importantly, their financial position and ability to secure necessary funding to the required level for the sale of your business.
They have the expertise, the backing and support of an international franchise, and are aware of the potential pitfalls when dealing with buyers, their accountants and bankers.
Gordon and Ross have established contacts with specific lenders with favourable rates within the finance industry, both with mainstream banks and with 2nd tier lenders, who are familiar with and understand, specific industries. These associations have seen Gordon and Ross close many deals that would otherwise have failed to confirm.
Vendors can be confident that this work behind the scenes ensures greater likelihood that the sale will proceed.
FAQs
The best time to sell, is exactly when you feel the time is right for you! There will always be some external factors which may influence opinions either way. But the process remains the same. We will schedule a meeting to discuss the specifics of your business and your personal plans for exiting from it. With our experience in business sales we can prepare an exit strategy for you, taking into account factors that will be instrumental in finding the right buyer at the right price for your business.
After we have an understanding of your business we will make suggestions on strategies that may be of benefit to you in the preparation of your business for sale. Buyers will be looking for certain things when considering your business and our recommendations can make the difference in effecting a quicker sale at a better price.
Businesses sell in an open market that is with a willing buyer and a willing seller. The market determines the price – the true value.
When we meet with you we will gather detailed information on your business and then present you with a Market Appraisal. This gives you the price range we expect your business to sell for on the open market. This is not a valuation and cannot be used for that purpose.
This will vary depending on the complexity of the business and the industry. Normally, if all the information is available and the business is priced relative to the market for that type of business, a sale should be concluded within 12 weeks.
When a buyer indicates they want to make an offer, this needs to be in writing and in the correct format. Any verbal offers can become complicated, as they do not detail the terms and conditions of the offer.
As part of our service we prepare a Sale and Purchase Agreement which details the offer being made, and the terms and conditions. We will liaise between both parties in the process of negotiation to facilitate agreement between both parties.
In many situations we can recommend solutions to issues that may be of concern to either party. As a business owner you need to ensure you are protected by having the right clauses in the agreement and it is advisable to seek professional advice.
What's my business worth?
Email us to get an instant appraised value of your business