Circa $150,000 (subject to...
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Buying a business in Hobart TAS is an exciting opportunity to be part of the business community. Hobart is the capital of Tasmania and the 11th largest city in Australia, home to 246,000 people. The best place to start buying a business is to conduct a search in the Hobart region; you can then narrow the results by keywords, 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.
Hobart is the 11th largest city in Australia and is home to Mount Wellington, which overlooks the city. It has the famous Museum of Old and New Art (Mona) and a vibrant cafe, restaurant and market culture in areas such as Salamanca Place. Hobart has several business opportunities such as tourism and hospitality, that are regularly used by visitors and locals in the area. The type of business you purchase in Hobart will depend on your experience and preferred location.
Hobart has a relatively small population compared to the other capital cities but has several business and shopping districts such as Elizabeth Street Mall, Centrepoint, Glenorchy, Northgate, Eastlands and Kingston. On the search bar, you can type a particular suburb such as ‘Sandy Bay 7005’ and see business opportunities within 10km of that suburb. It's important to note that many businesses advertised for sale wish to remain confidential so won’t display the actual suburb; they may be placed under ‘Hobart CBD 0800’. It’s a good idea to search for the particular type of business you are after and extend the radius to 100km.
Yes, business brokers are the professionals who help people buy and sell businesses. In Hobart, many quality brokers can help you purchase a business and guide you through the due diligence process. When you make contact with the seller, you may be contacting a business broker about the sale.
Hobart is TAS capital city, so it has businesses for sale from $50,000 - $1,000,000 +. Businesses may be established as a sole trader, partnership, franchise or company. How much money you need to buy a business in Canberra will depend on several factors such as the capital you have to invest, your desired ROI and your expected weekly income. New listings are regularly added to Bsale.
In Hobart, the first step to selling your business is getting it prepared and having an exit strategy. The better prepared your business is, the higher the chances for an optimum sale price. Check out Bsale’s 6 Steps to prepare a business for sale; it will provide a check-list and general step by step guide. There are licensed business brokers in Hobart 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.