5 Tips For Setting Up Your Business For a Profitable Sale
When selling a business, timing and preparation are everything. Businesses that are systemised and have transparent financials often generate better results.
A growing party-styling business is behind the speedy sale of a Warana office-warehouse by Ray White Commercial Noosa & Sunshine Coast North.
Unit 1, 27 Premier Circuit, sold for $695,200 in a short offers-to-purchase campaign managed by marketing agent David C. Smith.
Before the end of the campaign’s first week, Mr Smith had received offers from several businesses and an investor.
“The purchasers, Rebekah and Dominic, have grown their party-styling business Mask Events to be the biggest business of its type on the Sunshine Coast over the past three years,” Mr Smith says.
“The expansion of the business, which specialises in events management, styling and hire services, meant they needed additional warehouse and office space.
“Premier Circuit was the owners’ preference due to its great central location between Noosa and North Brisbane.”
The 316sqm warehouse, which is part of a complex of four “clean” businesses, was sold with vacant possession on behalf of a local owner-operator vendor.
The other occupants are Main Linen, Rent the Roo and Ryan Designer Homes.
The warehouse has ground-floor and mezzanine offices, some overlooking the waterway to the rear, plus on-site parking.
Unit 1 was previously occupied by a division of RGD Group, which built the complex.
Warana is about 90 minutes’ drive north of Brisbane.
When selling a business, timing and preparation are everything. Businesses that are systemised and have transparent financials often generate better results.
Being deeply embedded in the Sunshine Coast community provides Commercial Property Consultant Alanna Shapland with a rare level of insight and relatability.