What Is The Cost Of Selling A Business?

What Is The Cost Of Selling A Business?

Here at GMO, there is no concrete cost for selling your business. It depends on a selection of variables including the type of business and the work involved.

However, our fees are broken up into several sections:

  1. Marketing: An extensive Information Memorandum will be created by GMO that encompasses your business from head to toe. This document will include business history, financial performance and imagery alongside other important details. Once created, this Business Profile will be shown to qualified, potential buyers who are interested in your business.
  2. Advertising: Depending on what kind of advertising you require, GMO will create and organise ads to be posted on various sites and platforms according to your advertising budget. For some businesses, this means print advertising in The West or The Financial Review, for others it means advertising on the seven websites we use to assist in showing your business to a wide online audience. We are always open to new advertising methods and will assist however possible to ensure that the right people are seeing your business.
  3. Success Fee:  This fee is payable upon successful settlement of the business sale. It is calculated at a percentage rate of the sale price (dependant on each business, case-by-case) or, a minimum fee of $15,000 + GST (whichever is greater).

As always, each business is unique. Therefore we cannot classify all businesses under the same umbrella when it comes to fees. All fees are transparent and will be happily discussed with the Broker during your initial consultation. 

Sell your business with GMO business brokers

Did you build your business from the ground up and am now ready to hand over the company to someone else? When you’re looking into selling your business and want to maximize the results of your hard work GMO is exactly the partner you’re looking for. You can be assured that we will provide you with an accurate value of your business worth. Besides that, we have specialized business brokers on board for every business sector and a track record of successful sales. Selling a business >

For more detailed information about our fees and what fees may be associated with your business if you choose to sell, contact the office today, on (08) 9481 4422. 

Our team are always happy to discuss your situation and provide honest and helpful information.

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