Bridal Boutique Sold

Walking down the aisle to a successful sale

After Covid hit Melbourne hard, Michelle was worried she wouldn’t be able to sell her successful bridal business.

The good news is, despite the current situation, it is possible to sell your business. It is important to put yourself in the buyers’ shoes and see if the deal looks attractive.

When buyer confidence is low, ensuring a smooth and attractive opportunity is critical. This was not an easy sale as we saw many hurdles along the way, but the end result was positive.

During her 7 months listed Michelle received a total of 22 enquiries. 3 months into her listing, Michelle’s buyer came along. Throughout the process our brokers negotiated the sale and kept the momentum even through multiple lockdowns. Ensuring the buyers questions were answered and concerns were met, we were able to push the sale through to completion. The whole transaction from enquiry to contract completion took a total of 4 months.

Congratulations of the sale of your business Michelle, we wish you all the best with your next endeavour.