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.
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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.