Want to Find a Business for Sale in Australia so you can Apply for a Visa? Here are 6 Options.

Business for Sale in Australia so you can Apply for a Visa

Australia is a country that has been built on immigration over its centuries long existence. Overseas migrants can consider buying a business in Australia so that they can apply for a visa to stay long term in the 'lucky country'.

If you are currently living in Australia, did you know you have options to buy a business and continue on your path to PR? Bsale has many businesses for sale that are perfectly suited to those looking to buy a business so they can make their first steps towards becoming Australian.

When considering making the big move, it is important to understand the process behind applying for a visa, the type of visa you will need and the rules and regulations that surround owning a business in Australia. 
 

What Visa Should I Apply For?
 

This will depend on your circumstances, your experience, how much money you have accesss to and whether you are currently living in Australia or overseas. A good starting point is to review whether as a foreigner you can buy a business in Australia.

Whether you are currently living in Australia or looking to migrate from overseas, there are different visa requirments and business opportunities. 

 

Im in Australia and I want to buy a business under the 491 SBO scheme!
 

This is the most popular business purchase scheme we see from people currently living in Australia who have full working rights under their temporary residency. 

The 491 SBO pathway generally requires the individual to move to regional areas of Queenland, Tasmania or in Canberra to buy a business. There are strict requirements that must be met. 
 

6 Businesses That Meet the 491 SBO Visa Criteria
 

Business brokers who work in regional areas are often aware of all the visa opportunities available. It is good for vendors looking to sell when buyers are cashed up and ready to buy. Under the scheme vendor finance is not an option, so buyers need to have access to the funds which can lead to a smoother and faster transaction. 

Here is a summary of the business listings along with links to view the details:
 

1. Popular Fish & Chips Shop for Sale Northside of Brisbane

• Price: $220,000 + Stock Approx.
• Description: Friendly specialty fish & chip shop near Brisbane. Solid reputation with high repeat local clients.
• Location: Queensland
• Meets Requirements: 491 SBO buyers and 188a Visa
• View Details
   

 

2. Thriving Cafe, Coffee & Patisserie business Gold Coast

• Location: Gold Coast, QLD
• Price: Motivated Vendor
• Details: A thriving cafe and patisserie situated in the fast-growing Gold Coast region.
• Meets Requirements: 491 SBO Visa
• View Details
   

3. Popular Regional Bakery

• Location: Cunnamulla, QLD
• Price: Expressions of interest
• Details: Successful bakery business in regional Queensland, loved by locals and visitors.
• Meets Requirements: 491 SBO Visa
• View Details
   

4. Well-established Mechanical Business

• Location: Jindalee, QLD
• Price: $175,000
• Details: A well-established mechanical business with a proven track record.
• Meets Requirements: 491 SBO Visa
• View Details
   

5. Gourmet Food and Gift Shop for Sale - Sunshine Coast 

• Location: Queensland
• Price: $125,000 plus Stock
• Details: Gourmet food and gift retail shop in a prime tourist location.
• Meets Requirements: 491 SBO Visa
• View Details
   

6. Hot Hinterland Fish & Chips Takeaway

• Location: Maleny, QLD
• Price: $160,000 + SAV
• Details: Popular fish and chips takeaway with a large commercial kitchen.
• Meets Requirements: 491 SBO Visa
• View Details
   

What happens once you have found a suitable business for the visa?

 

Due dilligence! Every business should be thoroughly vetted to ensure it is meeting your expectations. Even though you are buying it for visa purposes you need to ensure the business is profitable and actually meets all the necessary criteria. 

Always consult a professionals when buying a business so you know what is involved and so they can assist you in negotiations and making informed decisions. 

Tags: listicle immigration 2024 buying government entrepreneurs

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