NDIS Approved Provider Sells Business In One Month!
The National Disability Insurance Scheme (NDIS) is a major policy initiative in Australia that provides funding to people with a disability to access the support they need to live an independent and fulfilling life. Being an NDIS-approved provider comes with a range of benefits that can be hugely profitable to a business.
Bonza Business & Franchise Sales has seen first-hand, the huge demand for buyers looking to purchase existing NDIS businesses due to the benefits. Purchasing an existing NDIS provider business allows buyers to gain access to unique opportunities and resources that they may not have otherwise been able to find by working in the same industry. These benefits include increased revenue, increased stability, and the ability to improve the quality of life for their clients.
The Bonza broker team recently sold an NDIS-approved business that provided mental health support services. From start to settlement, the sale took just over one month and in the short amount of time this business was advertised, it received a massive 48 enquiries.
When Paul first approached Bonza, he was feeling overwhelmed and uncertain about the value of his business. He had been running the business since 2016, but with the increasing demand for NDIS services, he knew it was a great time to capitalise and move on to new opportunities.
Through our comprehensive appraisal and onboarding process, the broker team were able to identify the unique strengths and value of Paul’s business. The comprehensive yet easy-to-understand business profile made it simple for the buyers to see exactly what was required to run Paul’s business and allowed them to decide quickly to move forward.
This business ended up receiving multiple offers from different interested parties. The final sale price was well above Paul’s initial expectations, and he was able to walk away from the sale with a significant return on his investment. Paul was thrilled with the outcome and grateful for our expertise in navigating this unique market.
The demand for NDIS-approved businesses is only expected to grow in the coming years, making now a great time for business owners to consider creating an exit strategy. With the right approach and support from an experienced broker like Bonza Business Sales, you too can achieve a successful sale too.
