First Choice Business Brokers

13/01/2023

Happy New Year!

At First Choice, we are highly proficient in anticipating, adapting and acting upon changing business markets, and have achieved fantastic results in 2022.

Business enquiries have bounced back to exceed pre-COVID levels with business sales rising across the board. Thank you to our Vendors who have entrusted us with the sale of their businesses and commercial properties, and congratulations to all the buyers!

Buyers are back from their holidays and are ready to act. If you’re thinking about selling, now is the time to place your business on the market to take advantage of the high buyer activity.

Having a friendly and dedicated business broker will take the stress out of your business sale, and are more than happy to help sell your business faster at the best possible price. How do we do this?

• Our superior marketing skills attract a wide audience, giving your business the best exposure to stand out from the rest. We advertise our clients’ businesses on multiple high-use websites, direct letter mailouts, email mailouts, and social media. By attracting a greater pool of buyers to your business, we create competition and drive the price.

• Experience, innovation and teamwork after 27 years in business broking, we’ve developed excellent processes and strategies to bring better results for our clients. We’re improving all the time, working out smarter ways to bring our services to more happy vendors. Over this time, we’ve accumulated thousands of successful sales, a vast network, and a lot of experience! First Choice Business Brokers are the team to serve you when it comes time to selling your business.

Make it your 2023 New Year’s resolution to ACT NOW! Get in early on the New Year market before other businesses do!

If you are interested in finding out more or obtaining a strictly confidential, obligation-free business appraisal, simply register at:

https://www.firstchoicebb.com.au/
https://www.firstchoicebb.com.au/book-an-appraisal/

Best wishes,

Kevin Lee
Director
Phone: (03) 9899 1888
Mobile: 0411 568 868
Email: [email protected]

First Choice is a business brokerages specializing in the sale and purchase of Victorian businesses.

30/08/2022

Spring is the best time to buy or sell a business

With the arrival of spring, blooming flowers, brighter skies and temperate weather has breathed new life into communities providing a wave of optimism for small businesses moving forward. The business confidence index produced by National Australia Bank rose to 7.0 points in July from 1.4 points in June.

Historically, spring has been a time of innovation, matched by the highest gross domestic product (GDP) increase of the year. Whether it be new services and products, new marketing material or even a revamp of existing strategies in preparation for the bustling summer season, there is no better time than spring to assess the state of your business and plan for the future.

Buy or sell your business today through First Choice Business Brokers or contact us for a quick and hassle free appraisal.

24/06/2022

Happy New Financial Year 2022 –23

Happy New Financial Year! We would like to take this opportunity to thank all our online followers via our weekly “Recent Listings” mail out. We hope this makes your business search easier.

A new Financial year brings with it fresh optimism, enthusiasm, and possibilities for both aspiring and existing business owners.

Transitioning out of a major epidemic and into a new government is a sizeable business challenge that has been overcome by many business owners throughout Australia.

In spite of this, at First Choice Business Brokers, we have had an increase in inquires towards our business listings during the opening months of 2022, signalling an uptake in business demand and gaining a positive outlook from potential investors. This is yet another reflection of Australia’s profound ability to rebound into a thriving and robust economy.

With the majority of business appraisals taking place in the first few months of the financial year, it is certainly a time for business vendors and purchasers to reflect upon their successes and shortcomings from the past financial year and consider their options for the future.

We are here to make your business’ move as seamlessly, efficiently, and fruitfully as possible. We strive for diligence, persistence, and resilience, focusing upon research and process based tactics to ensure you reap the maximum benefits during your business’ transaction.

Thank you for supporting First Choice in 2021-22 Financial Year and we look forward to working with you again in the New Financial Year to provide another year of quality, professional service.

The market becomes busier in the last half of each year, and we currently have fantastic options on our list. If you’re looking to buy a business, we’d love to help you on your journey. Telephone First Choice Business Brokers on 9899-1888 for a confidential discussion.

29/04/2022

Australia’s transition into COVID normalcy has taken yet another great leap providing a reassuring outlook for local businesses. The Victorian Government has announced that most COVID-19 restrictions will be removed from 11:59pm, Friday 22 April 2022 which include:

Easing of vaccination check in requirements
Easing of face mask restrictions
Relaxation of quarantine and isolation requirements
Reduction of workplace contact tracing measures
A detailed overview of these ease in restrictions can be found on the Business Victoria website.

According to the International Monetary Fund, Australian GDP is projected to be 6.6% larger by the end of 2022 than in pre-pandemic 2019. This increase over the pre-COVID-19 level in 2019 is higher than the average for advanced economies (4.2%).

Australia’s road to recovery continues to astonish the world with the economy outperforming its rich-country peers this year as the global recovery stalls under the strain of war in Ukraine, Covid-19 and supply disruptions. Local businesses are ecstatic over the rate at which consumer demand has recovered fuelled by the announcement of numerous government spending initiatives matched with easing of restrictions.

If you want to take advantage of the current market momentum, whether it be to buy or to sell, First Choice Business Brokers is here to assist you in your endeavors. For a confidential, obligation-free discussion with one of our experienced brokers, simply give us a call on 9899-1888

04/03/2022

Autumn is the perfect time to buy or sell a business

Autumn is the perfect time to buy or sell a business, and turn over a new leaf! At this moment Australia has re-opened international borders, the booster shot rollout continues successfully, and gradually, we are returning to a new normal. Buyers can now be more certain of businesses being a reliable investment, and this boost in confidence has led to a significant increase in the number of enquiries and offers we are receiving.

Many business owners are ready to place their businesses on the market. For this reason, we have been enormously busy over the past month, meeting with business owners preparing to sell. This is also a very busy time of year for buyers, who are keen to purchase in time for the commencement of the new financial year. We have stepped into autumn now, so if you are looking to buy or sell a business in 2022, now is the time to get the ball rolling and talk to us, and secure the right opportunity.

If you’re looking to buy or sell a business in 2022:

Telephone us on (03) 9899 1888 to speak with one of our friendly business sales consultants and schedule a meeting.
Looking to buy your dream business, register here (http://www.firstchoicebb.com.au/buying/);
Looking to sell your business and move towards your new life, register here (http://www.firstchoicebb.com.au/selling/selling-registration/)!
Visit www.firstchoicebb.com.au to view our full list of hundreds of businesses for sale.

18/02/2022

Start 2022 the Right Way with First Choice

Dear Sir/Madam,

Happy New Year! With 2022 well underway, we at First Choice Business Brokers have been busy with the flurry of recent market activity. If you are searching for an opportunity for growth and change, First Choice is here to help you sell your business and take the first step towards a new beginning.

With COVID case numbers and hospitalisations decreasing, the ongoing booster shot rollout has helped the market regain its confidence, stimulated in part by low interest rates and the arrival of the New Year. Buyers are eager to act after weathering the past 2 years of market slump. Additionally, the gradual reopening of borders and the anticipated arrival of tourists back in Australia has seen our economy move in a positive direction. Students returning for the new school year have also contributed to this development and is a promising sign for the future of businesses in Australia. With businesses now returning to a reliable and profitable investment, buyer interest has increased significantly.

We understand that selling a business is not an easy decision to make, nor is it a simple process. That is why First Choice is here to assist you in achieving the best possible outcome with your business. Our brokers have the expertise and experience to help you stay informed about the current market state, prepare your business for sale, and guide you through the sales process. To find out more on how we obtain the optimal results for our clients, click here to access our free online eBook.

Start 2022 the right way and find out how to maximise your business potential this year with First Choice Business Brokers! To obtain a strictly confidential, obligation-free business appraisal, simply call (0411 568 868) or email us ([email protected]) at First Choice Business Brokers (https://www.firstchoicebb.com.au/). Alternatively, click here (https://www.firstchoicebb.com.au/selling/selling-registration/) to register your details.

First Choice is a business brokerages specializing in the sale and purchase of Victorian businesses.

09/07/2021

Maximise Your Business Value this Financial Year
With a new financial year (FY) comes new opportunities for growth and change. At First Choice, we understand that COVID has had a significant impact on many businesses. However, the economy is recovering much faster than expected with the vaccine rollout and government assistance.

Strong buyer demand has persisted since the beginning of this calendar year, stimulated in part by low interest rates and the gradual easing of restrictions. Buyer confidence has also increased, with 79% of Australians agreeing that the vaccine rollout will help us get back to a ‘new normal’. With this in mind, now is an ideal time to consider selling your business.

Before selling, it is important to know the value of your business. With the unpredictable nature of the COVID pandemic, valuing a business and normalising earnings (i.e. with revenue, JobKeeper, rent assistance) has become an increasingly complex process in FY2020 and FY2021. Our brokers at First Choice have the expertise and experience necessary to set the right asking price for your business.

Knowing your business’ value is just the beginning. To help you make the most of this financial year, here are 5 tips to maximise your business value in the sale process.

https://www.firstchoicebb.com.au/5-tips-to-maximise-your-business-value/

Make it your 2022 financial year resolution to act now and get in early on the new financial year market, before other businesses do! To obtain a strictly confidential, obligation-free business appraisal, simply call or email us at First Choice Business Brokers.

Wishing you a fruitful new financial year!

22/06/2021

Restrictions Ease for Victorian Businesses
As announced yesterday by the Acting Premier, several key adjustments have been made to Victoria’s COVID restrictions. The following changes are effective from 11:59pm today, Thursday 17th June:
- Face coverings must be worn indoors (except at home) but are no longer required outdoors
- Melbourne will no longer have a 25km travel limit
- Travel between Melbourne and regional Victoria will be permitted
- If you can work from home, you should continue to do so

Below are some of the changes effecting businesses in Metropolitan Melbourne:
Hospitality
- Open for seated service only with maximum patron cap of 150 per venue with no more than 75 indoors
- Venues may have up to 25 patrons before the density quotient applies

Accommodation
- Open with bookings permitted for single households plus two adults (and their dependents)

Real Estate Services
- Auctions permitted with maximum patron cap of 50 outdoors
Inspections permitted to maximum of 10, subject to density quotient of 1 person per 4sqm

For more information regarding COVID restrictions, please refer to the Table of Restrictions or Statement from the Acting Premier.

With this gradual return to normal combined with the end of financial year, now is the ideal time to buy or sell a business and start the new financial year with a fresh resolution. Whether you are looking to buy or sell, please do not hesitate to contact us at First Choice Business Brokers

23/03/2021

Autumn is the perfect time to buy or sell a business, and turn over a new leaf! At this moment during 2021, we have higher levels of quality listings to choose from, thanks to heightened activity amongst buyers and sellers. The economy is on the road to recovery from the COVID-19 outbreaks and the lengthy lockdowns. As vaccines are rolled out, consumers are returning to the market; helping rebuild confidence in business ownership.

Many business owners are ready to place their businesses on the market. For this reason, we have been enormously busy over the past month, meeting with business owners preparing to sell. This is also a very busy time of year for buyers, who are keen to purchase in time for the commencement of the new financial year. We are well into Autumn now, so if you are looking to buy a business this financial year, now is the time to get the ball rolling and talk to us, to secure the right opportunity. If you’re looking to buy or sell a business, we’d love to help you on your journey.

Telephone First Choice Business Brokers on 9899-1888 for a confidential discussion.

24/09/2020

28/02/2020

Autumn is the perfect time to purchase or sell a business!

Happy Autumn! We have come to Autumn again when it is time to start afresh and start to consider new financial and business opportunities!

Autumn is the best time of year to start exploring new businesses on the market for sale. It is in this time of year we have been extremely lucky to have very high quality businesses for sale.

The Summer holidays are well and truly over, and with that, Business owners are ready to place their businesses on the market with a good period to sell before the new Financial Year.

Read More at https://www.firstchoicebb.com.au/autumn-is-the-perfect-time-to-purchase-or-sell-a-business/