Buying and Selling Businesses in Australia (Part 2)

Transcript

Andy went to Australia and had great interviews to fill you in about how buying and selling businesses in Australia looks like currently. Australia is providing great opportunities for American business aiming to expand, in this episode you will hear about how the small businesses are proliferating in that area.

Australia brings a reminiscence of the beginning in the United States, it is still a huge landmass, lots of natural resources, businesses and franchising are growing, people are still immigrating there, especially from Asia, Indonesia, New Zealand, and India since it is a very tolerant country and offers a new start for many.

Australia is a very dynamic and prolific place to do business, Transworld Business Advisors has great partners there, and you will hear some of them in this episode that will share specific features of doing business in this country.

Listing of the week: Don Gunther (Brisbane). Online hardware industrial supply business, $1.3 million in turnovers, SDE $300,000, Price: $495,000 plus stock. High-quality business supply. Call Don at 040-823-0203.

Key Takeaways

[7:21] Steven Stucci and Stephen Edwards (North Sydney).
[7:56] Australia is showing a trend in the investments in businesses rather than in property.
[8:31] Stephen Edwards talks about the franchise business in Australia.
[9:22] The printing industry in Australia is consolidating.
[10:20] Referral networks.
[11:05] Steven Stucci and Stephen Edwards talk about what the near future brings for businesses in Australia.
[13:37] Deal of the week: Don Gunther (Brisbane). Ice cream manufacturing company, sold in $1.2 million, SDE $400,000. The buyer was a company that wanted to diversify and paid the full amount in cash.
[15:30] Don Gunther (Brisbane).
[16:05] Brisbane, Gold Coast, presents a very diverse economic market.
[16:45] Don Gunther talks about the growth in the small business market.
[18:35] Evan Foster, leader of Signarama in Australia.
[19:13] Evan Foster shares some common mistakes while doing business in Australia.
[22:02] Melbourne’s and Sydney’s markets.
[24:03] Listing of the week: Don Gunther (Brisbane). Online hardware industrial supply business, $1.3 million in turnovers, SDE $300,000, Price: $495,000 plus stock.
[26:05] Jeremy O’Gorman, Northern Beaches, Sydney, Australia.
[27:10] The influence of the upcoming election in the business market.
[27:46] Jeremy O’Gorman talks about the wide range of businesses in Sydney, Northern Beaches.
[29:48] It is a great time to sell businesses in Northern Beaches in Australia.

Mentioned in This Episode

• United Franchise Group
• Transworld Business Advisors
• Transworld on Linkedin
• Transworld on Facebook
• Call us
• Email us
• Email Steven Stucci and Stephen Edwards
• Call Don Gunther
• Or visit Transworld Business Advisor Brisbane
• Connect with Evan Foster on LinkedIn
• Call Jeremy O'Gorman
• Email Jemery O'Gorman