Canberra ACT
$450,000 WIWO
City, ACT
$550,000 + SAV
City, ACT
$550,000 + SAV
City, ACT
$550,000 + SAV
Canberra, ACT
$250,000 + Bank guarantee...
City, ACT
$149,000 + SAV
Canberra, ACT
$950,000
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In the Australian Capital Territory, there are many 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 ACT, simply start typing Australian Capital Territory into the location and hit ‘Go’; you can then narrow it down by keyword, category or price.
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Bsale makes it easier for buyers to find a suitable business by allowing them to search via a specific suburb or region. As the ACT is a small state, there is just one region:
You can do a location search for particular suburbs such as Belconnen, Jamison Plaza, Manuka, Fyshwick and Woden in the search bar.
Capital gains tax applies to a business sale in ACT. 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.
In the Australian Capital Territory, all business brokers must be licensed to operate on your behalf. The ACT 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 for Licensed Business Agents. Once you start typing, they should appear. If you press ‘details’ it will show you: Licence type(1): Licensed Business Agents and the expiry date.
State nomination is required if you wish to migrate to ACT on a business visa. The ACT offers nomination of a Business Migration Visa for successful overseas business people who wish to establish a new business, invest in an existing business or invest under the Significant Investor Stream. Nominations are available for temporary or permanent visas.
Full details can be found on > Access CanberraThere is no stamp duty payable on the sale of a business in the ACT, according to Revenue ACT. The only exception is for property and motor vehicle assets. If you do incur stamp duty, it is payable within 90 days. You can obtain an estimate of the transfer duty on this calculator. It's important to seek professional advice when buying a business, especially an accountant who will help you understand your tax obligations.
If you are selling a business in the Australian Capital Territory you have the option of selling privately or engaging a professional business broker. At Bsale we have put together some resources to help guide you:
> Your Guide to Selling a Business