Bumped into one of my colleagues in the business broking industry – John Denton from Performance Business Sales.
It’s always good to chat to John as he has the ‘finger on the pulse’ regarding the business sales market goes.
One particular statistic that I’m always interested in – is the ROI multiples for particular industries.
John and I know that, for example, newsagencies and Australia Post agencies have a high multiple of 3 – that is the listing ‘value’ will be 3 times the net profit.
However, John Denton mentioned that as the trend is away from people buying newspapers and magazines – that these business will be worth less – but, at the moment people are still willing to buy newsagencies and Australia Post agencies at FULL PRICE – unaware of the trend – ahhhh, very interesting.
So – benefit for you? Well, it’s aways good to know HOW much your type of business is worth if you were to sell it – it’s worth contacting a business broker to find out!
Article published from our head office – Balcatta, Perth, Western Australia.