Distressed or Urgent Sales

Talk to us before you go down the track of administration or liquidation. If we can save your business and keep your staff employed we will!

NEW to GeelongStrong.com, 

We are now taking on struggling and quick sale purchases.

IMPORTANT: We do not charge you for this help. We buy your business. There is no pressure to sell to us, we are not here to rip you off, we want to save Geelong businesses. All discussions are private and confidential.

There are many business owners, who through no fault of their own, can no longer continue. It could be because of illness, divorce or family commitments etc… all these things can make it impossible to continue running the business. Then you have business issues like too much debt and collectors at your door, risking losing your home, cars and other assets because something changed in the business. Or is the massive changes we have seen in technology and of course the economy and COVID19, creating massive amounts of stress and pressure? If so we can help.

 

Having personally gone through the stress of administration, liquidation, closing businesses, divorce and illness, I’m all to familiar with the pain and stress of losing everything and the worst part letting down the staff and other stake holders. Unfortunately, this is happening at unprecedented rates. Putting your head in the sand is not going to make it go away.

 

Given this huge issue, I’ve been working hard putting together a team in which we can attempt to save as many businesses as we can in Geelong. 

Some times when we look at them, they are far gone and we can only give $1 to the current owner, take away all their stress and responsibility and do our best to resuscitate the business back through legal, debt, terms of trade and restructuring changes. All with the aim of keeping as many jobs as we can in the area. In this example, if we can keep the business alive and turn it around in the first 12 months we give the previous owner 10% of profits. We know we could just take it all, but like I said, I have gone through it myself, years of sacrifice and hard work to go up in smoke and nothing to show for it. Thus if we can turn it around we are happy to share the spoils.

 

In other cases, the situation is not as bad as it appears and we can work out a earn out deal where we take over all the stress and running of the business and the owner will get a share of the profits and payment for assets.

 

Every business and situation is different, but once it goes into administration and liquidation jobs are lost, the community is effected, stress and debts can hang around long after the business is gone. So before you close down or hand it over to the lawyers to strip bare, contact us and have a private and confidential chat.

 

Email: [email protected]