Businesses Appraisals in the NT

Unfortunately, when owners try and sell their businesses without specialist advice, the inability to accurately detail a price and substantiate it with firm evidence is the most common reason for them not achieving a good result (or most commonly, no result at all.)

All of our Appraisals are done as paid consultations with the fee paid prior to the consult. This is to ensure the appraisal is done independently. Its purpose is to inform the business owner of a probable reasonable business value range prior to going to Market – not to tell the owner what they want to hear with an intention of gaining a sale listing.

At the appraisal meeting, we also look at the various options of going to market and what is likely the best option for that business. It may be assisting the owner to sell it themselves and avoid brokerage and marketing costs, managing an ‘off market’ transaction or looking at full brokerage options, including the potential use of specialised brokers if appropriate.

The intention at the end of the meeting is for the owner to have a good understanding of the reasonable value range of their business and the evidence behind this, as well as the options for going to market, costs associated with those approaches, and an understanding of the probability of success and likely timeframes for each.

Alternatively – if a likely reasonable value range is below the owner’s expectations, we also look at how this could be improved to prepare the business for market in the future.