Need help selling your business? Our business brokers in Newcastle will guide you through the process.
Our qualified team has over 38 years of industry experience, as the team of leading business brokers nationally.
From humble beginnings as the industrial "steel city", Newcastle has a healthy and growing service sector. Newcastle has an optimistic economic outlook for 2022, representing one third of the Hunter Region's developed industrial space and nearly all of its commercial office space.
Newcastle is one of only 28 local government regions in rural Australia that is categorized as a "major" rural town. The Newcastle economy has a highly positive forecast for 2022 onwards, after several years of regression. The GDP is projected to grow by 4.5% during 2022 - 2023 financial year.
As the economic hub of the Hunter Region, Newcastle is situated 160 km north-east of the major city of Sydney. Measured both by volume and quantity, Newcastle's port is Australia's largest port for mining exports. Last year, the port processed 150 million tonnes of cargo worth over $21 billion as well as hosting a variety of repair and constructions services.
Lloyds Business Brokers will play a key role in facilitating the sale of your business. From running a highly successful marketing campaign, to qualifying the various enquiries and negotiating multiple qualified offers, Lloyds will manage the entire sale process for you while keeping you informed along the way.
Lloyds initiates the sales process with a business appraisal, facilitating introductory meetings between the buyer and multiple vendors. Our team of specialists work with prospective vendors and third party advisors through all aspects of the sale process, including deal structuring and negotiation of sale terms.
If you're thinking of selling your business, our local business brokers will help you identify and evaluate potential buyers, brand your business for sale, and create a marketing plan to attract interested buyers. A business broker can also assist with the negotiation process, ensure that all paperwork is completed correctly, and provide support during the transition.