LET US HELP YOU NEGOTIATE A WIN-WIN OUTCOME.

Steven Peter , 18 Mar 2019 I first came across Benchmark when purchasing the Greville Clinic in October 2018, During the negotiations for this purchase my broker displayed consideration for both the vendor and the myself, always displaying attention to detail, efficiency and a solution-oriented mindset, making the process entirely seemless. Benchmark pursued all requests for more detailed information in a timely manner and kept me updated on the status of these requests. They were extremely supportive and considerate in all areas of the business purchase and it has been a pleasure to conduct business with you.

Seller Sarah , 25 Jun 2019 “I contacted Nikki when I was pregnant with my first baby and asked her to help me sell my beautiful salon. She came highly recommended as my best friend’s mum also sold their salon through Nikki 6 months ago so I knew I was working with the right person. She took care of the whole sale process from start to finish and I sold my salon on the very day my baby was born! I cannot wait to start the next stages of my life and a massive thank you Nikki for taking care of everything and for minimising the stress of it all for me - allowing me to concentrate on my baby boy.

Harry & Manu , 13 Dec 2018 I knew we were onto something when we first met the Benchmark team.  They knew exactly what we should look at as an investment. They showed us a couple of salons but highlighted the one that they thought would best suit our needs and they are now helping me find the next one! Their knowledge is second to none and they worked through every step with you and explained it all as we went! I know that Benchmark will help us further with building our brand and adding to our portfolio. Thanks Benchmark  Benchmark Salon Sales

ReGroup Solutions , 12 Aug 2020 Ian’s client was a director who had been in business for 51 years as cladding contractor. The Company had up to 100 employees working from owned factory premises and on-site at large commercial building sites nationally. The Director had been thinking of succession and made contact with Ian to investigate the sales potential of his long-standing and reputable business. Unfortunately, the COVID-19 crisis struck and the Company’s supply chain was severely impacted. The Director sought the advice of a registered liquidator, who recommended external administration. The Director’s hopes of achieving a positive sale quickly diminished and the position with the bank meant there was now a serious risk he would lose his family home.  Operating nationally, Benchmark has a huge database of prospective buyers and Ian had already generated significant genuine interest by drafting an impressive Information Memorandum and selectively negotiating with several key interested parties. Ian was concerned over the liquidator’s advice to his Client. The Director was being pressured into placing the company into voluntary administration (which Ian could see was premature and too drastic). Ian had identified his Client’s potential and felt that any insolvency procedure would unnecessarily destroy the company’s goodwill and asset values.  ReGroup Solutions would like to give a huge thanks to Ian for referring his client, the Director, to us for a second opinion. After conducting our preliminary analysis, ReGroup Solutions advised the Director on his capacity to utilise the ‘insolvency safe harbour’ under section 588GA. The new legislation, effective since September 2017, provides directors with protection from insolvent trading personal liability whilst they explore a range of restructuring and turnaround strategies. This enabled the Director to continue trading his business so that a ‘going concern’ sale could still be actively pursued by Ian. This meant Ian could still maximise the outcome for his Client by continuing his strategic negotiations.  ReGroup Solutions provided initial crisis management advice and then proceeded to investigate the various restructuring and turnaround options with the Director. The insolvency Safe Harbour provided the director with breathing space and enabled Ian Haggerty to continue his negotiating with key interested parties. The team at ReGroup Solutions worked closely with Ian Haggerty throughout the entire process – despite being an extremely complex matter, made worst by the COVID crisis, we’re delighted to say that Ian successfully negotiated a tremendous outcome for his Client!   Ian lead the way in agreeing a sale of his Client’s business, assets and the large factory premises. This not only meant the majority of workforce kept their jobs but the indebtedness to the bank could also be fully satisfied. The Director’s home was no longer at risk and Ian’s Client stands to walk away with potential surplus of $1.5m. The deal stands to return 100c in the dollar to trade creditors. Ian even secured his client a two year consultancy position with the purchaser - and at an exceptional rate! Ian’s Client can now take a well-deserved step back, with his impeccable reputation intact.   On a personal level, it was an absolute pleasure collaborating with a skilled negotiator such as Ian. The very purpose of the insolvency Safe Harbour is to help the director find a ‘better outcome’ for all stakeholders by utilising a skilled team of professionals. In this particular case, Ian was able to get an outstanding outcome for his Client on multiple levels. This was despite the extremely difficult and volatile market conditions.  Congratulations to Ian Haggerty on what has ended up being a landmark Safe Harbour win for his Client! Ian Haggerty receives another Benchmark Business Sales Review. Ian was the Managing Director/Owner of Pipe Shield, a specialised pipeline inspection, maintenance, rehabilitation company. Ian sold his business to Veolia. He has also worked internationally for companies such as Trafalgar Water Inc., where he was a consultant to a number of North American companies within the utilities, services and water industries where his main role of operations was in mergers and acquisitions, consolidation proposals, market analysis, securing funding for growth, and new technology introduction and acceptance. Get to know more about Ian Haggerty and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Ian Haggerty is a business broker at Benchmark Business Sales & Valuations.

Thank you so much, John, for all your help and support in selling my business. To be completely honest, there were times when I truly thought we might never sell it, but I suppose timing really is everything. I am so pleased with the lovely person you found to take over the business. It means a great deal to me knowing that it is going into such good hands. I can now take a little more time for myself, enjoy retirement at a gentler pace and, most importantly, focus on my family. I am incredibly grateful for your support, patience and guidance throughout the entire process. Thank you again, John, for helping me achieve such a positive outcome and for making what was an emotional journey so much easier. – Kym Hopkins

Mel was lovely, patient and did all the work and explained everything so I understood it. Very happy. - 5 Star Google Review

We finally did it, John. We have secured our first salon business and we could not be more excited. Thank you for all your support and guidance throughout the entire process, particularly for getting the banks over the line. Your persistence and expertise made all the difference. We cannot wait to get started, and we look forward to working with you again when we are ready for the next salon. Thank you again for everything.

Jules , 13 Dec 2018 I first made contact with nikki several years ago and talked to her about various plans we had for the salon Industry. When these plans changed and we decided to go a different direction, my first call was to Nikki to discuss what we were looking for. She has helped us work through the process at every step and was straight forward in her approach. We worked well together and will stay in touch with Nikki for anything we are doing in the future. Thanks for your assistance Nikki in this project and we look forward to the next one!

Milan Shah , 01 May 2018 We had been recommended to use Benchmark to help us find our first salon. They did an awesome job and were unbelievably professional. We found that everyone spoke so highly about Benchmark, they sure do have a great reputation. Thanks Benchmark we are absolutely delighted with our purchase

Making the decision to sell a business can be a daunting exercise in its own right, i.e., what is my business worth, How will I market the business, What vehicles will I use to achieve the best outcome, Who and what is my market, How do I distinguish between a legitimate buyer and tyre kickers (whom there will be an overabundance of), What details do I need to provide, How do I protect the integrity of my business during this process and so on? For a fleeting moment, we thought that marrying our business up with a suitable buyer was something within our capability. If only it was that simple. We then decided to seek out a Broker/Agent who would partner with us to achieve our goal of selling our business. A specialist whom would possess; an intimate understanding of our industry had a track record of selling similar businesses had a clear understanding of how to effectively promote our business, (in collaboration with us)set a fair asking price that would create both buyer interest and meet an outcome that would satisfy our expectations and importantly, be empathetic and possess exceptional listening skills After considerable research, we found such a specialist who met our brief perfectly; Jacob Reeson (Service Station Specialist) from Benchmark Business. Our decision to engage Jacob was quickly credentialed during our 1st ‘Face to Face’ meeting. Jacob is unbelievably professional on every level. Jacob’s plan of how we could achieve a favourable outcome was highly detailed, well thought out and above all collaborative. From the outset, we had a roadmap of how the process would unfold. Thanks to Jacob’s tenacity, knowledge and focus he was able to engage a number of interested parties which resulted in a contract and eventual sale, achieving a sale price reflective of the business value. Jacob continued to manage the process right through to settlement. He was present at the site during settlement to ensure the handover was seamless. Benchmark Business and Jacob Reeson are representative of a well-oiled, highly ethical and professional operation. I would most definitely recommend to any person or organisation considering selling their business to give Benchmark Business a call. Jeff and Elaine Martin