Frequently Asked Questions
There are many brokers. Why should I hire you?
In one word: Certainty.
You may think that selling a post office is simple. A seller and a buyer agree on a price and that's all. In reality - that's just the beginning of the process.
Many deals fall through for a variety of reasons – finance, Australia Post approval, lease, buyers change their mind etc.
What I can assure you, and this is the reason you should hire me, is certainty in the deal.
Once I find a buyer for your post office, you can be sure the deal will go through.
How can I guarantee that the deal will go through? Over the years I developed a system that ensures through legal and financial conditions that the deal will go through.
It took me a few years and some deals that fell through to perfect the system. The system has been working for a while now and the results are amazing.
Apart from that, I am the only business broker in Australia who used to take part in the assignment interviews for buyers in recent years. I can prepare buyers for the interviews, including the preparation of a business plan and cash flow projections.
My buyers have 100% success rate in passing the Australia Post interviews.
What do I need to do when the LPO is on the market?
When the LPO is on the market you don't need to do anything. Once I have all the paperwork I need, you just run the post office and I take care of everything else. Because I use a special system, you will not be involved until I bring a serious offer to you. Of course, you will get regular updates to keep you in the loop.
How long is the term of the agency agreement between us?
I don’t ask owners to lock themselves in for any specific period. I think that when you sell your post office, you shouldn’t need to worry about anything. My agreement is risk free and can be cancelled at any time.
How long does it take to sell a post office?
Typically post offices sell within 4 months. I have sold a number of post office within a few days, however you should be prepared to wait a few months until your post office is sold.
Having realistic price expectations is key. A good guideline is to think if you would pay the price you want to achieve. If the answer is no, it is likely that buyers will think the same.
What do I need to do to assist the sale?
Have all the needed documentation ready. As an accountant, I will deal with the buyer’s accountant. Having supporting documentation will make selling your post office much easier.