49 Businesses For Sale in Northern Territory

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Capital gains tax applies to a business sale in Northern Territory. It's important to engage an Accountant who will guide you through the process of selling a business and assess your tax obligations. Exemptions may be available, and it's important to check the current requirements when you are selling a business. A helpful section on the ATO website outlines what happens when changing, selling or closing a business.  

> Your Guide to Selling a Business

In NT, there are currently hundreds of businesses listed for sale on Bsale. Buying an existing business allows you to buy elements such as established systems, processes, client databases, distribution channels, branding and more. To find a business for sale in NT, simply start typing Northern Territory, into the location and hit ‘Go’; you can then narrow it down by keyword, category or price. It's a good idea to save your search results and listings so you can easily find them later. Once you have found a suitable business, you can contact the seller via the form. They may request you complete an NDA to keep the business details confidential. You can then discuss the business further and conduct due diligence. 

Selling a business in the Northern Territory can be done by the business owner or by engaging a licensed NT business broker or real estate agent. It is important to have an exit strategy for your business to increase your chance of obtaining an optimum sale price for the business. Check out Bsale’s 6 Steps to prepare a business for sale; it will provide a check-list and a general step-by-step guide. There are licensed business brokers in NT who can assist during the sale process and list your business on websites such as Bsale. Check out our ‘find a business broker’ section to find a broker to sell your particular business. Bsale offers advertising to business owners, brokers and franchise groups. 



 

In the Northern Territory, all business brokers must be licensed to operate on your behalf. The Northern Territory Government oversees the licensing of real estate agents and business brokers. When you search for a business broker, you will need to enter their name or license number into the public register. Once you hit search, they should appear as ‘Real Estate and Business Agent’ and status ‘current’. You can then click their name to view more details which will show expiry date and previous employers. You can check a NT business brokers license here.

Nomination by a Northern Territory government is mandatory for all visas in the Business Innovation and Investment Program except the Significant Investor Visa and Premium Investor visa. There are three visa subclasses and several streams in each visa subclass.

 

Business Talent (subclass 132) visa. This is a permanent resident visa for high calibre business owners or entrepreneurs. 

Business Innovation and Investment (Provisional) (subclass 188) visa. This is a four-year provisional visa. Streams for this visa include; Investor Stream for those who make at least a AU$1.5 million investment into NT Treasury Corporation Territory Bonds; Significant Investor Stream  for those who invest at least AU$5 million into complying significant investments

the Business Innovation Stream for those who have a successful history of doing business and wish to do business and invest in the NT; Premium Investor Stream for those who invest at least AU$15 million into complying premium investments;  Entrepreneur Stream for entrepreneurs who have a funding agreement from a third party for at least AU$200 000 to undertake a complying entrepreneur activity.

 

Business Innovation and Investment (Permanent) (subclass 888) visa. This is a permanent residence pathway for holders of the Provisional Business Investment and Innovation (subclass 188) visa.

 

Support from your nominating state or territory is required. Full details of business and migration visas available can be found on The Territory.

Stamp duty is payable on business asset sales in the Northern Territory except the following: stock-in-trade (trading stock); manufacturing materials and work in progress manufacturing goods; livestock; motor vehicles; and cash Territory Revenue Office.

After the parties have signed the business sale agreement, stamp duty is payable within 60 days at the applicable rate. You can obtain an estimate of the transfer duty on this calculator.

Bsale makes it easier for buyers to find a suitable business by allowing them to search via a specific suburb or region. In NT, we have the following regions;  Alice Springs + Southern NT and Darwin NT.  Search a particular region by simply typing the region name into the location field and hit ‘Go’.