Bonza Sells Freight Company Under Extenuating Circumstances

When a loved one dies, family and friends embark on an emotional journey that is often amplified by the long list of tasks that must be completed. Many important decisions must be made, often in collaboration with other family members and friends.

Managing a loved one’s estate and administering their will can be one of the most difficult tasks. Often, families decide to sell the estate in order to avoid complications and stress, especially during an already emotional time.

It is important to understand your legal and financial responsibilities when it comes to selling a deceased estate and in particular a business or company. You can find some useful information here on the ATO website, along with this, I reliable, understanding, and knowledgeable business broker can also ensure the selling process is as stress-free as possible.

Bonza was recently involved in the sale of a freight and transport company located in a large regional city. This business capitalised on an untapped market of point-to-point courier operations. Trading for nearly 20 years, this business had built an extensive, regular customer base and a strong reputation for a professional and reliable pickup, and delivery service.

The owner of the business passed away after coming on board with Bonza leaving this sale in the hands of a trusted friend.  Selling the business left behind by a loved one can make a difficult time more stressful but understanding how the sale could work our team were able to ease the burden. Bonza knew we were able to handle the sale with integrity and sensitivity and our seller’s family were very grateful the sale was able to be taken through to completion.

Often sellers will bring their business to market under extenuating circumstances, whether that might be due to finances, divorce, or other personal reasons. In these situations, we rethink the approach when it comes to sensitive sales.  For instance, rushing a call regarding a delicate matter can lead to a poor customer experience and reputational damage. Bonza believe, less emphasis on speed and handling time in these situations, and more of a focus on compassion towards understanding the customer’s situation.

So, ensuring empathetic and effective customer service is one of our primary aims. Our teams support a wide range of businesses — whichever industry they are in — and have considerable experience in all aspects of customer interaction.

Call us now to speak to a local Bonza Business & Franchise representative to see how we can help you sell your business today.