FAQ's
With ABBA Group, you will secure a better quality business in a shorter space of time, and at a better price. We leave no stone unturned in our search for the perfect business. Then after we’ve found that business, we’ll negotiate the price and contract terms on your behalf – potentially reducing your level of risk and required investment.
Yes. When you engage ABBA Group as your business buyer’s agent, we work for you and you only. We’re not paid fees or commissions by vendors, business brokers, real estate agents or franchise groups. We scan the whole market with a focus on finding you the best business and return on your investment possible.
On average, it takes us three to four months to find a suitable business for you to purchase. However, the timing may vary according to the complexity of your brief and market conditions. We suggest you allow up to six months for a complete transaction from start to finish.
At ABBA Group, we review hundreds of opportunities every week and continually create shortlists for prospective buyers according to their needs, budgets and goals. This means we can secure your ideal acquisition faster – with minimal stress. We are also privy to many opportunities before they officially list, giving you the benefit of early access and less competition.
ABBA Group recommends you undertake a ‘due diligence’ before you purchase a business. We can help you source a due diligence team and assist throughout the process. Your due diligence report will include a comprehensive list of specific items that have been checked and addressed before you finalise the transaction. The report also identifies any issues or problems with the business. Sometimes, after due diligence, we advise our clients not to proceed with a purchase. Other times, it allows us to re-negotiate the purchase price and/or contract terms.
Yes. We also offer a ‘limited service’ for clients who have already located the business they wish to acquire. Even if the purchase price is already identified, we can act as a strategic buffer between you and the existing business owners to help you achieve the best possible outcome. Our limited service typically includes:
- negotiating price and contract terms
- organising landlord consent
- lodging your tenancy application forms
- performing stocktake if required
- overseeing settlement.
Yes. ABBA Group specialises in business transaction negotiations – with a successful track record for securing the best possible deals for our clients. Many of our consultants come from senior sales backgrounds, making us expert negotiators. Our team also has extensive knowledge across a range of industries, supported by up-to-the-minute research data at our fingertips. So we always know where the market is at, what’s fair and reasonable and how to make a confident offer.
ABBA Group can also help you:
- gain landlord consent (often a stumbling block)
- develop a business plan to support the acquisition process
- produce a formal valuation of the business
- help you secure finance for the purchase.
Hear from our clients
It was important to me that I find the right buyer for my business rather than rush into a sale that wasn’t the right fit. I had set up and run a specialised large-scale business within the manufacturing industry for over 20 years and it was important to me to find someone with the right knowledge, experience and skills to take it over. The ABBA Group team fully understood my position and were very careful in putting forward potential buyers – they were not after a quick sale but ensured that the buyer I eventually sold my business to was the right person to take it over successfully. I had invested many years into the business and it is satisfying to see it continue to flourish now under new ownership. If you are looking for specialised, personal service to sell your business to the right buyer, then look no further than the ABBA Group.
Louis Haddad – Sydney Fuels Pty Ltd View All Testimonials
