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Corporate Brokers News: Specialist Equipment Wholesaler

Garry Stephensen

Article Author: Garry Stephensen
Position: Managing Director
Read time: 3 mins

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Sector: International Equipment Wholesaler Import/Export

Lloyds Corporate Brokers is pleased to announce that it has completed the sale of a well-established specialist equipment wholesaler.

This 15-year-old business operates within a global market. It has an exceptional base of international and local clients and a solid reputation for its knowledge and industry specific experience.

Features of this business include:

  • Exceptional base of international and local clients generating repeat business;
  • Goods sourced and supplied globally;
  • Limited competition in the Australian market;
  • Opportunities to expand client base and products;
  • Diversified service offering;
  • Specialist, niche operator.

Lloyds initiated the sales process with a Business appraisal and Preparation of an Information Memorandum and Marketing teaser. The business received over 40 qualified enquiries and several offers.

The Sale was conducted by Lloyds NSW Director Karen Dado who facilitated introductory meetings between the vendor and interested parties and guided them through all aspects of the Sale process, including Deal structuring and negotiation of Sales terms. Utilizing the proven Lloyds Corporate Business Sales Process, in conjunction with the application of target marketing, achieved a successful outcome for both Vendor and Buyer.

The vendor gave Lloyds, and particularly Karen Dado,  a big tick of approval, stating that they "Appreciate the efforts from your end…..[Lloyds Brokers] got it done".

View our track record of business sales.

If you own a business in the Wholesale sector, talk with Lloyds Brokers on 1300 366 943 for advice on how to buy or sell your business. We have teams of brokers in Melbourne, Brisbane Brokers, Adelaide Brokers and Sydney Brokers.

Business Broker - Garry Stephensen

Garry
Managing Director
Business Broker - Karen Dado

Karen
Director NSW
Business Broker - Geoffrey Tulett

Geoffrey
Lloyds Corporate Partner - Mergers & Acquisition Specialist
Business Broker - Jack Phillips

Jack
Corporate Advisory
Business Broker - Edward Alder

Edward
Director Victoria
Business Broker - Dianne Reynolds

Dianne
Research Director and Corporate Broker

As seen in the Financial Review and the Courier Mail.

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