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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.

We have sold a few times using benchmark - they have been excellent, supportive and thorough, throughout the whole process. John's communication is five-star and his knowledge of business a godsend in any tricky selling situation. Annie Thorpe. 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.

“Wow wow wow they truly are the best in the business. Benchmark delivered record sales on two of my best stores and were an absolute delight to deal with. My sale was a seamless and I can definitely see why they are the best in the country. When it's time to sell my chain there I will be calling Benchmark. They had the buyer straight away and we put two of my sites to contract and managed the entire process which involved lease negotiable, name agreement, product distribution contracts and so much more. Benchmark are full service brokers and go above and beyond. Yes I'm impressed!” - Chernae Noonan - Seller | 25 Jun 2019 John Kasapi receives another Benchmark Business Sales Review. John has always been involved with the hair and beauty industry all of his working life, and he offers an in-depth knowledge to all buyers and sellers. He enjoys helping people achieve their dreams, whether it be buying, selling or investing. John really understands that in many cases, a business can be a major asset, so he likes to ensure that the process, whether it be buying or selling, is “smooth sailing” for everyone concerned. 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.

Chris , 06 Feb 2020 I have always wanted to buy this salon and Nikki made it possible. At first, I was reluctant to share any personal details with Nikki but once I met with her, I instantly trusted her and opened. She helped me from start to finish and even pushed hard at the end when I wanted the salon to settle at a certain date and she promised she would make it happen. She did. She is a strong woman, working to help other strong women to achieve their dreams!

Hess. Maria & Vicki , 30 Jun 2020 Working with Nikki could not have been easier. She promised me she would find a buyer for the salon and she delivered! Within a short timeframe, she found a Cash purchaser, delivered an agreeable offer, put it to contract and within 3 weeks, we are SOLD! She took care of everything from landlord approval, lease negotiation and handover. She was efficient and organised plus her style of dealing with all situations matched ours perfectly, so it was seamless and never felt stressful. We were in very capable hands with an expert in her field. We got on famously together as we hit our stride working together. Excellent service Nikki, thank you and we are delighted to provide this glowing testimonial for your next client to understand what you can do for them too

Selling a business is often a complicated process and can easily end up with a result that you don't expect. Would recommend to anyone that is considering selling their business in the next 12 months to talk to Michael about the steps you need to take in order to get the best possible outcome. Michael offers a professional service that makes the process a lot easier, preparing your business for sale, advertising and promoting the business, and negotiating with potential buyers -Sean McHugh | May 2022 Michael Vitullo receives another Benchmark Business Sales Review. With his knowledge and success in business, he offers genuine opportunities for both sellers and buyers to realise their goals and targets. Michael believes buying and selling business is about trust, professionalism, communication, transparency and the art of creating possibilities. Get to know more about Michael Vitullo and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Michael Vitullo is a business broker at Benchmark Business Sales & Valuations.

John O , 25 Jul 2019 “Sylvia has been totally professional, knowledgeable and there at every twist and turn. We had a number of problems along the way and each time Sylvia kept the sale on track and took action to get the deal done. At times our emotions got the better of us but  Sylvia made us feel that we were in safe hands. Sylvia, actually found a buyer quickly for our Salon and we settled within 4 months, the purchaser is the perfect fit for my Skin Clinic, allowing me to walk away with confidence and knowing my clients will be in good hands. I strongly recommend Benchmark Salon Sales." Benchmark Business Sales and Valuations

"I enjoyed dealing with John when I was buying a business in Melbourne and he handled it so well that when I went to sell I automatically call him. He quickly ran me through all of the info that I needed to prepare for the sale and then he found a buyer quickly, the sale went smoothly and I got a great price. I'm so glad that I went with Benchmark." - Kiah Perkins | 08 Apr 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.

“We had been speaking to Benchmark for over a year but nothing was quite right for us but we kept in contact with them and encouraged John to find us our dream investment. We finally got the call and jumped on the two businesses. Each step of the way he helped negotiate and finalise all aspects of the complex process. So professional and we can't wait to get the next few salons.” - Vikram Mahajan, Steve Pan & Gaurav Verrma - Buyers | 25 Jun 2019 John Kasapi receives another Benchmark Business Sales Review. John really prides himself on offering his clients exceptional customer service, combined with his wealth of sales and industry knowledge. He has “been there and done that”, as he has owned his own business, and he has worked in many top salons around the world – and has experienced everything this industry has to offer. 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.

Ian Haggerty is an exceptional business sale broker whose expertise was invaluable in negotiating the sale of a client's liquid waste company to a large national firm in southeast Queensland. From the start, Ian proved himself to be personable, practical, and pragmatic in his approach. His communication skills are top-notch - Ian ensured all stakeholders were kept informed throughout the complicated transaction. He drew upon his deep experience with similar deals to determine the best earnout model that satisfied all parties involved. He provided honest advice every step of the way, objectively liaising with multiple prospective purchasers. What sets Ian apart is his genuine investment in the success of the deal. He worked tirelessly, bringing his extensive experience to the table to overcome any obstacles. Ian's expertise navigating a complex situation with many moving parts was invaluable. I wholeheartedly recommend Ian Haggerty to any company seeking to buy or sell a business. His professionalism, skills, and commitment to achieving the best outcome made him an exceptional broker to work with.