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Maximise The Sale Of Your Tasmanian Business

Get your business ready to sell

Are you looking to exit or sell a business in Tasmania? Our expert team are here to help. We will find the right buyer so that you can get maximum value on the sale of your company.

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Do you know how much your business is really worth? Arrange a preliminary valuation call with one of our experts.

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"An owner should not rush into a business sale. A sale should be planned well in advance to get the maximum value while minimising the risks."
Lucas Couper profile image
Lucas Couper
Managing Director

Selling a business in Hobart, Tasmania

Despite being the smallest state in Australia, Tasmania boasts a thriving business community with many lucrative businesses for sale in the state's capital, Hobart.

Tasmania offers a dynamic landscape for business owners and entrepreneurs. It also has the highest business survival rate in the country, promising an exceptional opportunity for a profitable and well-performing business or brilliant franchise opportunity for domestic and international buyers.

Our team of Nash business advisors are on standby to help get your Tasmanian business ready for sale. Whether you’re exiting or selling a business in Tasmania, undertaking a business valuation or seeking to increase your sales revenue, we can help.

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Global map of buyers and investors

Market leaders in global business sales

If you have a business for sale in Tasmania, Nash can help you access buyers domestically and internationally. Our global network of contacts are always looking for exciting business opportunities and a highly-profitable franchise location to buy or invest in.

Sample industry insight brochure

Get key insights into your sector with our detailed industry report

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Meet our Business Sales Team

Our team of business advisors have expert local knowledge of the Tasmanian business market and is well-versed in preparing businesses for sale in Hobart.

Our team can help you maximise your business sale price in Tasmania

Our process for selling a business in Tasmania

Education

4 - 6 WEEKS

We take the time to learn about your Hobart-based business so we can understand how to position it for a better sales result.

  • Educate clients about the process
  • Explain different buyer options, including industry trade buyers, private equity firms, family offices and high-networth individuals
  • Prepare a valuation report about the business
  • Create a score card on the business and areas where it may need improvement

Preparation

4 - 12 WEEKS

If you’re thinking of selling your business in Hobart, it needs to be adequately prepared for sale. Careful preparation yields higher value and more interest from a larger pool of buyers. Our professional services will ensure your business opportunity is ripe for potential buyers.

  • Working with your management team to find areas of growth or areas of weakness
  • Executing strategies from the valuation report
  • Assessing the level of normalisations and add-backs (such as personal items relating to the owner)
  • Sourcing and compiling financial and commercial data, covering over 50 areas of data we require
  • Creating a 'kick off pack' including NDA, One Pager, and Information Memorandum

Research

4 WEEKS

Selling your business includes extensive research to understand the buyer pool and how your business is positioned in the Hobart, domestic, and international markets.

  • Research potential buyers that would benefit from owning your business
  • Speaking to buyers early in the process to get an 'early indication' of business value
  • Research who is buying and investing in businesses within Australia and globally

Marketing

6 WEEKS

Selling businesses in Tasmania and achieving the best possible outcome for the owner requires finding the right buyer. In order for buyers/investors to see your business as a fantastic opportunity, we:

  • Contact the most relevant buyers in the buyer pool
  • Send proprietary documents and marketing materials to potential buyers
  • Manage enquiries and introductory discussions from potential buyers
  • Organise site tours (where relevant) and meetings with owners and management
  • Prepare a secure data room to provide buyers with everything they need

Negotiation

4 WEEKS

Our team are experts at negotiation and advocating for favourable results for any locally owned and operated business in Hobart.

  • Buyers send through a Term Sheet which includes conditions attached to the deal
  • Nash Advisory and buyers exchange data and modelling
  • Work with the owners to land on a favourable position regarding the Term Sheet
  • Signing of the Term Sheet

Diligence

6 - 10 WEEKS

Buyers will need to take a closer look at your Hobart-based business to get a feel for the establishment, its profitability and its customers including domestic users, professionals and tourists. This is a complex process that needs to be managed with expert attention. 

  • An RFI (Request for Information) is sent by interested parties
  • Lawyers are engaged and legal documents are drafted and sent through
  • Further Q&As and site tours

Finalise

2 WEEKS

We ensure that you get the most out of a sale when it really matters – signing and cash flows.

  • Signing of key documents
  • Management of cash flows
Sample toolkit

See the blueprint for success with examples of 12 documents used in a business sale

Download now

Our process for selling a business in Tasmania

Education

4 - 6 WEEKS

We take the time to learn about your Hobart-based business so we can understand how to position it for a better sales result.

  • Educate clients about the process
  • Explain different buyer options, including industry trade buyers, private equity firms, family offices and high-networth individuals
  • Prepare a valuation report about the business
  • Create a score card on the business and areas where it may need improvement

Preparation

4 - 12 WEEKS

If you’re thinking of selling your business in Hobart, it needs to be adequately prepared for sale. Careful preparation yields higher value and more interest from a larger pool of buyers. Our professional services will ensure your business opportunity is ripe for potential buyers.

  • Working with your management team to find areas of growth or areas of weakness
  • Executing strategies from the valuation report
  • Assessing the level of normalisations and add-backs (such as personal items relating to the owner)
  • Sourcing and compiling financial and commercial data, covering over 50 areas of data we require
  • Creating a 'kick off pack' including NDA, One Pager, and Information Memorandum

Research

4 WEEKS

Selling your business includes extensive research to understand the buyer pool and how your business is positioned in the Hobart, domestic, and international markets.

  • Research potential buyers that would benefit from owning your business
  • Speaking to buyers early in the process to get an 'early indication' of business value
  • Research who is buying and investing in businesses within Australia and globally

Marketing

6 WEEKS

Selling businesses in Tasmania and achieving the best possible outcome for the owner requires finding the right buyer. In order for buyers/investors to see your business as a fantastic opportunity, we:

  • Contact the most relevant buyers in the buyer pool
  • Send proprietary documents and marketing materials to potential buyers
  • Manage enquiries and introductory discussions from potential buyers
  • Organise site tours (where relevant) and meetings with owners and management
  • Prepare a secure data room to provide buyers with everything they need

Negotiation

4 WEEKS

Our team are experts at negotiation and advocating for favourable results for any locally owned and operated business in Hobart.

  • Buyers send through a Term Sheet which includes conditions attached to the deal
  • Nash Advisory and buyers exchange data and modelling
  • Work with the owners to land on a favourable position regarding the Term Sheet
  • Signing of the Term Sheet

Diligence

6 - 10 WEEKS

Buyers will need to take a closer look at your Hobart-based business to get a feel for the establishment, its profitability and its customers including domestic users, professionals and tourists. This is a complex process that needs to be managed with expert attention. 

  • An RFI (Request for Information) is sent by interested parties
  • Lawyers are engaged and legal documents are drafted and sent through
  • Further Q&As and site tours

The Nash Advisory advantage

Handshake

If you have a business for sale in Tasmania, you will have complete access to our directors with their many years of knowledge and real-world business experience. They will help you from start to finish.

Network of buyers

Finding the right buyer or investor for your business is our goal. With a powerful global buyer network, we can achieve the sales revenue and outcome you want.

Real business experience

Our team of specialists service a broad range of businesses for sale in Tasmania. Our professional services include business sales, business advisory, business valuations and more.

Outcomes focused

Fantastic business is built on reliable, timely service and a bigger picture approach. Nash is focused on better outcomes for your business, maximising results while minimising the risks.

Does your business need strategic capital investment?

Learn about Nash Capital

Case studies

Contact us about selling a business in Tasmania

Work with us to help sell your business in Hobart.

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Your questions answered

What is involved in due diligence?

A buyer will want to consider all aspects of your business for sale—financials, contracts, customers, industry tailwinds, and management, to name just a few. Diligence can take as little as one month or up to four months depending on your ability to access key data. Our job is to push the process forward an ensure due diligence runs smoothly.

Is my data safe when talking to a competitor?

We always ensure that buyers sign confidentiality agreements. When the buyer is a direct competitor, we withhold sensitive information until the end of the transaction. We typically break up the data provided into 3 batches; with the final batch including key customers, pricing and employees.

How much will a buyer pay and how long will they take?

The market will determine the value of a business in Tasmania. However, we aim to provide a 'view of value' by way of our Nash 360 Valuation Report. In addition to this, we engage with our trusted buyers and investors early in the process to get an indication of price and terms. We can do this within the first one to three months of the process.

Who are the likely buyers when I sell my business in Tasmania?

The buyer pool can be very broad, or quite specific. This usually depends on the size of your business, the management team in place (and whether it operated with full management) and the industry. The buyers could be private investors, large trade buyers, or private equity firms. Each buyer groups acquires businesses in different ways. 

Past business sales indicate that buyers can be strictly investors, business owners in a related industry/sector, entrepreneurs, franchisees looking for a profitable franchise location, and local buyers interested in an exceptional business operation such as a well-established business in the local market.

How long does the process take to sell my business in Tasmania?

Selling a business in Hobart, Tasmania will generally take between 6 and 12 months. A well planned process should result in a higher outcome for the vendor. Companies who wish to sell their business quickly (i.e within the next 3 months) will typically get a lower result. We aim to set out all expectations and have a clear business sale strategy so all areas of the process can be covered.

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