West Australian Business Brokers

Post Office For Sale. Christmas Island Post Office is for sale for the first time in 16 years. The present owners are retiring which means this rare and fabulous chance of owning this brilliant business has become available. It is an absolute monopoly, the nearest post office is 900km away. This easily run post office operates 5.5 days with short opening hours of 42 hours per week. Extremely profitable this excellent business produces great returns and is available at $790,000 plus stock. Easily run this represents the perfect opportunity for a couple looking for a real sea-change. If you are looking for a Post Office For Sale, you are unlikely to find such a fortunate opportunity as this. Contact Lee for details.

This home based mobile motorcycle business is available due to the owner of the last 16 years retiring. Easily operated with loyal repeat customers, the business has shown an average net profit of over $87,000 for the last three years and represent excellent value at $80,000 inclusive of stock, plant and equipment and vehicle.

This home based service business has averaged over $200,000 net profit per year, over the last three years based on the TAX RETURNS. Suitable for a new owner that has handyman skills, there is great opportunity to change the current operation, and for a new owner to move more into an administrative role. Established in 2008 by the current owner this business represents incredible value at $345,000, with a real opportunity to develop and grow further the excellent business model.

West Australian Business Brokers West Australian Business Brokers are one of Perth's leading Business Agents for Business Sales in Perth.

.Forensic and Litigation Support
Business disputes and litigation are often complex and very rarely straightforward. Lee Goldstein the principal of West Australian Business Brokers provides Forensic and Litigation Support and is experienced in presenting expert evidence before court, tribunal and mediation/settlement proceedings. Lee brings a broad base of business experience and a diverse skill set to examine the financial affairs of the parties and establish the facts. His experience in a combination of financial, business, insolvency and court matters over a period of over 30 years allows him to evaluate different circumstances and present his findings in a clear and concise manner for valuations, prosecution cases and litigation support.

Business Valuation Australia Wide - 30 years experience. Business valuation is the procedure of utilising the valuers knowledge and experience to arrive at the best method to determine the value of an business

Rule of Thumb Business Valuations
Published on February 11, 2020
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Lee GoldsteinStatus is online
Lee Goldstein
Principal at Business Reports & Values
7 articles
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I have been valuing businesses for well over 30 years and the one constant I have been asked over that period is “What is the rule of thumb for this business?”

So, let’s look at what a rule of thumb is.

A heuristic technique or a heuristic for short, is any approach to problem solving or self-discovery that employs a practical method that is not guaranteed to be optimal, perfect or rational, but which is nevertheless sufficient for reaching an immediate, short-term goal. "Heuristic" is also often used as a noun to describe a rule-of-thumb,

Rules of thumb are simple pricing techniques that business brokers typically use to approximate the market value of a business. Rules of thumb fail to consider the specific characteristics of a company as compared to the industry or other similar companies. In addition, rules of thumb do not reflect changes in economic, industry, or competitive factors over time.

Business valuation theory and practice does not include specific methodology for rules of thumb in developing a value, as there is typically no empirical evidence relating to how the rules were derived or if, in fact, the rules are reflective of transactions in the market. This is often the case as although many business owners use a rule of thumb that is hearsay, there is obviously never any solid evidence to support the rule of thumb.

Parties that seek to avoid the relatively small cost of a properly prepared business valuation and opt for any kind of rule of thumb method, not only mistakenly believe that the business valuation process can’t be complex, but may well under price their business by many ten of thousands of dollars.

Considering that business valuations are a legitimate business expense it is common sense to have a properly prepared valuation undertaken. A business valuation report that is prepared by an expert with the correct experience and qualifications, and one that is defensible, concise and understandable, rather than rely on a rule of thumb that actually has no basis of fact.

The principle of Business Reports and Values, Lee Goldstein, has been involved in Business Valuations since 1985. He holds the following qualifications:

Double Major Degree in Accounting and Finance

Diploma in Forensic Accounting

Graduate Diploma in Valuation

Advanced Certificate of Business

Advanced International Certificate in Intellectual Property

If you are searching for a Drive Through Coffee Kiosk for Sale, this may well be it.This superb coffee kiosk has represents excellent value in today's market. The purchaser will be able to negotiate a long lease at an excellent rental. Since being built this business has showed excellent growth and is fully equipped. Very rarely do businesses that net an owner $100,000 become available for less than $200,000. Contact Lee Goldstein today for further details on this great opportunity.

23% Return Under Management Freehold
Incredible buying at $595,000 ps

This freehold hotel and general store on 1.5 acres of commercial land is a real gold mine,
Established in 1907, the Sandstone National Hotel and General Store is 661km from Perth and 157km from Mt Magnet, and is the only pub and general store for 150km!
- Newly renovated inside and out, with improvements ongoing
- Mix of motel-style rooms and pub rooms, including 4 new rooms with ensuites
- TVs and split air-cons in all 12 rooms
- Bar and restaurant, with new fridges/freezers
- Licensed 6am to 10pm on Sundays, and 6am till midnight Monday to Saturday
- Karaoke facilities- General store
- No experience needed
- Excellent staff in place
- Regular and annually returning clientele
- 3-bedroom house with private yard, in-ground pool and large shed
- regular groups of people including prospecting groups and biker groups.
The National Hotel is a popular stopover for tourists, miners and prospectors. With nothing more to spend, this is a potential-packed freehold investment that would suit a variety of buyers.

POOL SERVCIE
Easy Money. 84 year old owner is finally retiring! Net profit of $115,000 , home based, a truly simple business to operate. plenty of scope for improvement. This business is ideal for anyone looking for a good reliable income. Occassional saturday work, but mostly 5 days. Represents real value at $90,000.

Selling a Business

The process of Selling a Business is often a once in a lifetime event which can be both daunting and emotional. You have probably dedicated many years to building your business. When the time comes to decide on selling a business, you want to be assured that you are dealing with qualified specialist. West Australian Business Brokers work very closely with you to ensure you receive everything that your business is worth.

West Australian Business Brokers assist you in identifying what needs to be done, negotiating the terms of the sale and closing the deal.

We can also help determine whether any intellectual property rights should be excluded from, or included in, the sale as well as determining if any protection needs to be created for those rights.

Hair Salon for sale
Fantastic fit-out and great location make this salon a tremendous buy. Rent of just over $500 per week and plenty of free parking this salon has everything in place for a new owner to take over and build on the existing clientele.

$80,000