In the current business sales market, medium size businesses with profits of $150,000 up to $1M are well sought after.
However, much smaller businesses with low profits are less in demand. This is because due to the low unemployment levels this removes the need for buyers to “buy a job”.
Buyers are also more reluctant to take on labour intensive businesses where ongoing staff replacements may be a problem.
For further information contact:
Nick Benwell CA
Perth Business Broker
Mobile; 0402 815005
Email: info@businessmindersperth.com.au