Catherine McLoughlan, 29 August 2021 - Michael was invaluable in the process of selling our property. His enthusiasm and professionalism ensured that our property was presented positively to prospective buyers and he efficiently dealt with any problems that arose. Michael was always approachable and listened to any input that we had regarding the sale. We would recommend Michael and the Benchmark team to anyone selling commercial properties. Michael Vitullo receives another Benchmark Business Sales Review. Michael Vitullo is a Fellow of CPA, and a member of the AIBB (Australian Institute of Business Brokers) with over 30 years’ experience in a diverse range of senior management roles in various industries. 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.
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.
Magdaleine , 01 Feb 2018 I asked Nikki to sell my salon for me and what a result! I am delighted to be able to move on with all my travel plans and spending time with my grandchildren and the salon is now in the hands of a great dad & daughter team who will look after my clients well. Thank-you Nikki for taking care of everything and I wish you all the best. You really are the Queen of salon sales! Much appreciated!
I am writing to express my sincere gratitude and appreciation for the outstanding
service provided by Mel Cordony in the successful sale of my business. Mel
demonstrated exceptional professionalism, expertise, and dedication throughout
the entire process, ultimately leading to a highly successful outcome. Mel
consistently provided valuable insights, guidance, and support, helping me
navigate the complexities of selling a business with confidence and ease. I
wholeheartedly recommend Mel Cordony to anyone in need of a highly skilled and
trustworthy business broker.
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
M. Richardson , 13 Dec 2018 “Tu is an exceptional broker. Tu earned every bit of his commission! His dedication to clients and communication is better than any other broker i have dealt with in the past (and I have dealt with plenty!) M. Richardson Tu Nguyen receives another Benchmark Business Sales Review. Tu has worked in many different industries – managing several significant large client portfolios, ranging from telecommunications, through to agricultural, and the automotive and marine industries to name a few. Get to know more about Tu Nguyen and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Tu Nguyen is a business broker at Benchmark Business Sales & Valuations.
Steven , 13 Dec 2018 I have dealt with Benchmark before when buying a salon so it was a no brainer that I should get them to sell my salon too! They dealt with everything efficiently and they practically sold the salon on the first week to one of their investors! Benchmark really proved that they are the “go to” company when it comes to selling salons – Thanks for the fast results! It seemed smooth sailing and I got a great result – all because they really know their market! I would have no hesitation in recommending Benchmark.
“Benchmark were extremely helpful in following up on my requests and getting all the information we needed during the purchase. They really helped not just me but the lawyers as well. This enabled a smooth process and we even hit the settlement date on time. We are super excited in our new salon.” - Johnathon Byun – Buyer | 25 Jun 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.
Eki/Melissa , 13 Dec 2018 Thanks Benchmark for your persistence in delivering the sale and getting us price we wanted. Great effort and job well done.
“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.