LET US HELP YOU NEGOTIATE A WIN-WIN OUTCOME.

Suzette Jones , 01 May 2018 Wow Wow Wow This process was a whole lot easy than I ever thought it would be – I listed and sold within a matter of weeks. I had heard so many horror stories but my sale was a breeze. I had been in my salon for over 25 years and it was my baby! To finally come to the decision to sell my salon was a very emotional period for me and even more of a struggle was to find someone that I could trust and understood my concerns and needs! I had to know that I was going to work with a broker who understood me and our industry and wasn’t just full of hot air and over promising and under delivers. I had done my research and couldn’t have been happier with my choice to use Benchmark, the process was seamless and before you knew it, it was SOLD!!! I was even overseas while the settlement happened, this just shows how hard Benchmark worked on getting the salon sold quickly and how well they managed the entire sale, and they really do have the contacts within the industry and get the job done. Wow Wow Wow!!!

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.

Laurance is amazing person before saying amazing business broker, very helpful in process of buying and settling the new business. Went way beyond his capacity to get our deal sorted. - Abhay Garg

We have been very fortunate to have IAN SALTER from BENCHMARK BUSINESS SALES & VALUATIONS handle the sale of our business. Ian is to be commended for his professionalism and integrity in negotiating the sale of a complex business. He managed the entire sales process efficiently and competently and in doing so achieved a very satisfactory result. Ian, Thank you for your perseverance and patience. We are confident that other clients will also benefit from your expertise and we thoroughly recommend you. Ian Salter receives another Benchmark Business Sales Review. Ian Salter is highly respected as one of the top brokers in Queensland. Ian has built a career since 2005 through adapting and delivering these key drivers and serving on two industry committees: the REIQ and the AIBB (Australian Institute of Business Brokers). Get to know more about Ian Salter 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 Salter is a business broker at Benchmark Business Sales & Valuations.

Zen Group has had the pleasure of working with Jacob Reeson at Benchmark Business across dozens of project Sales, Site Acquisitions and Leasing deals over the past couple years. Jacob and Bruce are industry leaders when it comes to the Retail Fuel Business and Development services. Jacobs knowledge and connections within the industry have contributed to our company's growth, year on year. I highly recommend getting in touch with Jacob and Bruce from Benchmark Business. Mic from Zen Group. Get to know more about Jacob Reeson and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Jacob Reeson is a business broker at Benchmark Business Sales & Valuations.

We would highly recommend Jacob Reeson from benchmark for any dealings with service stations. His knowledge and experience resulted in us achieving the desired result efficiently and stress-free. - Shane Singh

Nicole , 13 Dec 2018 WOW– what a journey! I contacted Nikki 18 months ago when I was pregnant with my second child and she helped me find a buyer for my salon. I decided that I could cope and was reluctant to sell so I changed my mind! Nikki advised me that 2 kids (talking from her own experience) was a lot to handle but understood my decision. After the birth of my son, I realized that I just wanted to spend time with my young family and so my first call was to Nikki. She brought a couple of buyers through and we found the “right fit’ when Amy came along. I knew my clients would love her. Today, Amy bought my salon and I can now relax & enjoy bring my time with my beautiful children. Better still, Nikki negotiated that I still work in the salon one day a week but with flexibility! Thanks Nikki for the perfect result. I am delighted with the outcome

“When I decided to sell I initially approached John however I decide to go with another broker but they never delivered. Fast forward another 4 years from that day and I went back to John who finally got my business sold. Benchmark are expensive but I truly got the best service and thanks to the Benchmark salon team for their diligent management of the process. In hindsight I should have gone with John Kasapi 4 years ago.” - Kim and Bill Forbes | 18 Mar 2019 John Kasapi receives another Benchmark Business Sales Review. John Kasapi specialises in the sale of hair and beauty salons across all states in Australia. He has more than 15 years of experience working in the hair and beauty industry – so he really knows and understands the industry and the marketplace much better than most. Get to know more about John Kasapi and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. John Kasapi is a business broker at Benchmark Business Sales & Valuations.

Fiona Briffa , 01 Jan 2018 Benchmark Salon Sales knew exactly what my requirements were "I had been looking for a salon for a while and had nearly given up all hope! No-one was getting back to me or showing me what I wanted, then I spoke with Benchmark and since they were from the industry they knew exactly what my requirements were. I’ve now been able to get my first salon and kick start my business empire. Exciting times ahead thanks again."

Glenn Irving from Benchmark Business Brokers worked tirelessly to achieve a great sales outcome for us. Glenn achieved our asking price and made the process as hassle free as possible in what was, at times, a complicated sale. Thanks Glenn - Scott