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
My family had been in the hospitality industry in New South Wales for many generations and it had always been my vision to expand nationally. I had contacts within the industry and knew how to run a hotel but I did not know how to make the move interstate. That’s when I contacted Anthony Papas at ABBA Group and it was the best decision I made. Anthony has extensive experience in helping businesses to branch out into other locations and after finding three hotels in two other states that I was interested in, he helped to not only secure those sites, but ensured I was set up with the right contacts to operate successfully. I highly recommended the services of ABBA Group if you are a business owner looking for larger opportunities in other parts of the country.
Ben Andreou – Koda Capital View All Testimonials