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Average hourly rate for Business Brokers in Cheltenham, VIC 3192

min rate $74 - $361 max rate







Top services offered by business brokerage firms in Cheltenham, VIC

Business valuation & appraisal

Business Valuation & Appraisal

Organise a valuation to prepare your business for sale 

FROM $2,500

Buying or selling a business

Buying Or Selling A Business

Lay the groundwork to buy or sell a business on the best terms 

FROM $2,500

Buying or selling a franchise

Buying Or Selling A Franchise

Find the right franchise opportunities or prospective buyers 

FROM $10,000

Business purchasing & sales negotiation

Business Purchasing & Sales Negotiation

Manage the admin for business sales from start to finish and negotiate the best offer 

FROM $1,000

Advice on business sales

Advice On Business Sales

Get sound advice on the best way to approach buying or selling a business 

FROM $650

Due diligence

Due Diligence

Research, pre-screen and shortlist potential buyers for your business 

FROM $1,000

Business valuation

Business Valuation

Organise your accounts to obtain a current and accurate valuation of your business 

FROM $5,000

Find a franchise

Find A Franchise

Search for the right franchise to buy into based on your interest, lifestyle, budget and other requirements. 

FROM $1,500

Business sales marketing

Business Sales Marketing

Handle all marketing activities to help sell your business such as listings, advertising and promo materials 

FROM $2,500

Prepare a business for sale

Prepare A Business For Sale

Organise your documents, processes, resources and tools to get your business ready for sale. 

FROM $1,500

Business appraisal

Business Appraisal

Prepare your accounts and other documents to get a proper appraisal 

FROM $4,500

Franchise assessment

Franchise Assessment

Evaluate the franchises you are considering or assess your current franchise for improvements. 

FROM $800

Find a business to buy

Find A Business To Buy

Research, categorise and reach out to potential businesses based on your buying requirements 

FROM $1,000

Business Brokers in Cheltenham

A business broker helps you sell or purchase a business. They act as the middle person of a sale transaction between buyers and sellers. Business brokers are similar to real estate agents, except they deal with the sale of businesses instead of properties.

Why do I need a business broker in Cheltenham?

There are many reasons why people consult with a professional broker instead of going through the sales process alone. Here are just a few reasons:

  • Business brokers in Cheltenham have knowledge of the local area and have a well-connected web of contacts including potential buyers and sellers.
  • They have extensive experience in business deals and can help you navigate a prolonged or complicated sales process.
  • You can focus on running your business while your broker concentrates on selling your business in the timeframe you need.
  • You can rely on their negotiation skills when hatching out a final offer.
  • Business brokers are objective and not emotionally attached to your business. 

They can offer confidentiality if you prefer to remain anonymous in the initial stages of buying or selling a business in Cheltenham.

What do business brokers in Cheltenham do?

For a business buyer, they offer services including:

  • Consultation on what to buy, the process, as well as the legal and financial aspects
  • Scouring the market for the best business to buy within your budget
  • Approaching and negotiating with the seller on your behalf
  • Connecting you with the right people such as an accountant or lawyer to help buy a business
  • Assisting with the necessary paperwork to buy a business, as well as the contract of sale

For a business seller, brokers can do more:

  • Consultation on the current market, prices, financial and legal areas
  • Helping to prepare your business for a sale
  • Connecting you with the right professionals such as an accountant to help sell your business
  • Appraising a fair value of your business
  • Marketing your business for sale in a comprehensive campaign such as creating brochures, ads, online listings and others
  • Reaching out to their wide network of contacts to find a genuine buyer
  • Screening potential buyers to find serious ones
  • Negotiating for you to get the best deal
  • Helping you with the required paperwork to sell your business.

Are you ready to hire a business broker? Simply answer a few questions and we’ll introduce you to the best brokers in (suburb}.

FAQ

What are the average business broker fees?

There are various fee structures for business brokers. The fee structure offered depends on:

  • The size of the business
  • The value of the business
  • The type of services the broker will provide 

Generally speaking, most business brokers charge a commission of 5-10% of a sale. You'll find some brokers or companies charging a flat rate or monthly fee instead, so make sure you read the fine print.

Should I use a business broker to sell or buy a business?

Hiring a business broker may be a better option if you can’t find interested buyers or sellers, or you lack strong negotiation skills. Brokers have a wide network of contacts, can prep your business or franchise for sale and negotiate the best price. They can also represent you on your behalf if you prefer to be anonymous in the negotiation.

Of course, hiring a broker is an extra expense. Being a private buyer or seller can be more cost-effective, especially if you’re well connected and know where to look.

Other related services in Cheltenham
Business Coaches Business Consultants Franchise Consultants Product Design Agencies
Surrounding areas in Cheltenham
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