Navigating the Complexities of Commercial Property Purchase
Navigating the Complexities of Commercial Property Purchase: 9 Tips to Look Out For in the Illawarra Region Purchasing a commercial property is a pivotal decision that demands careful consideration, especially in the vibrant and diverse Illawarra region. This area, known for its dynamic business environment and scenic landscapes, offers unique opportunities and challenges for aspiring entrepre...
Leasing Commercial Spaces: 7 Key Considerations for Your Business
Leasing a commercial space is a significant decision for any business, affecting everything from daily operations to long-term financial health. Whether you're a startup searching for its first office or an established company looking to expand, the right lease can propel your business forward, while the wrong one can hinder your growth. Here's what to consider when leasing commercial spaces to...
Effective Digital Asset Handover Guide for Business Sellers
In today's digital age, selling your business goes beyond the traditional handover of physical assets and premises. It's equally important to consider the digital footprint of your business. The digital handover involves transferring various online assets that are crucial for the smooth operation and continuity of the business under new ownership. Are you ready for this crucial step? Make a not...
Plan To Sell Your Business
Planning Your Exit: How to Strategically Sell Your Business The decision to sell your business isn't one made overnight. It's the culmination of years, if not decades, of hard work, dedication, and passion. As such, crafting an effective exit strategy is paramount to ensure your legacy remains intact and your future aspirations are met. 1️⃣ Define Your Goals: Selling your business re...
Selling or Buying a Business? Top 5 FAQs Answered by Comelli Commercial
5 Frequently Asked Questions on Selling and Buying Businesses with Comelli Commercial Navigating the world of commercial property and business sales can be complex. It's natural to have questions, especially when considering the sale or purchase of a business. Here, we've addressed some of the most frequently asked questions that come our way at Comelli Commercial. 1. What is my busin...
NSW Government Shared Equity Home Buyer Scheme
The NSW Government has established a Shared Equity Scheme to assist eligible first home owners to purchaser their own home. Please see all details on the attached fact sheet.
Service NSW 2022 Small Business Support Program - currently waiting for it to open
Attention all Business clients, The NSW Premier announce last week new business support for those affected by Covid. These can be accessed via your Service NSW log in. We are currently waiting for it to open, in the meantime here is some details to see if you are eligible and the other grants available listed below The new 2022 Small Business Support Program – coming soon&...
Support Small Business
Thank you for supporting local businesses. Small business is adapting to takeaway and delivery to make your lockdown more pleasurable. Shop local and help keep money and jobs in our area. Businesses are being creative and offering all sorts of incentives for you to purchase quality goods and services in these times. Everything can be delivered safely to your door. It ha...
Time to take control
What a cracker of year Baskets Because has had! The owner says "It's Yours!". She has done the hard yards. She has successfully amalgamated a well established florist with a flourishing hamper business. The result is yours for the taking. Baskets Because delivers joy, excitement and gratitude to every recipient. It is a pleasure to go to work every day. ...
For the car enthusiast
Fancy something a little different? Do you have an interest in cars? Or not? Enter Signman is a business that combines a passion for cars and the enjoyment of working for yourself. You do not need any prior experience in the industry. The owner will fully train you in all aspects of this business for sale. For further details visit https://www.c...
Only 4 days on the market
Only 4 days on the market, multiple interested parties, exceeded market value, here’s why… The Campaign This is the best representation of why choosing the right agent makes the difference. The combination of an engaged database, successful advertising campaign AND a determined agent can result in a business being sold in 4 days from going to market. The Vendor A seas...
The Luca Luna Story
The Owner Has been a florist for her adult life. She saw the property and her vision was created. The owner combined her passion for floristry with gift and homewares to establish the graceful Luca Luna. The Business Established 4 years ago as a florist and homewares specialising in creating a beautiful experience for their customers. They provide bouquet arrangements with ...
NSW Treasurer Market Update 2 September 2020 ˗ NSW ECONOMY HARD HIT BY COVID˗19 BUT READY TO BOUNCE BACK
New South Wales and Australia have fared better than many developed economies following the worst months of COVID-19, with the ABS today releasing the June quarter national accounts.Data shows that Australia’s Gross Domestic Product contracted by 7.0 per cent in the June quarter, while NSW saw its State Final Demand decline by 8.6 per cent.Treasurer Dominic Perrottet said the results were...
Tenant information Fact Sheet
Tenant information statement What you must know before you start renting Starting a tenancy Landlords or agents must give all tenants a copy of this Tenant information statement before signing a residential tenancy agreement. Make sure you read this information statement thoroughly before you sign a residential tenancy agreement. Ask questions if there is anything in the agreement that you ...
NSW Retail Tenant’s Guide
NSW Retail Tenant’s Guide Knowing the facts up front | Setting up the lease | The costs of leasing | Ups and downs | At the end of the lease This Guide will help tenants understand the key aspects of leasing a retail shop. The landlord must give a prospective tenant this guide as soon as they start negotiating a lease. The Guide does not replace professional, legal or business advice or...
NSW Landlord Information Statement
What you must know before you rent out your residential property: Starting a tenancy Before renting your residential property to a tenant, you (the landlord) or your agent will need to sign an acknowledgment on the residential tenancy agreement that you have read and understood this information (the Landlord information statement). Penalties apply if this is not met. Your general responsibil...
Offer! Offer! Offer!
The month of April can only be described as the wildest roller coaster ride! To top it off, this week we had 3 offers on 3 different businesses for sale and an offer on an investment property currently off market. We have numerous buyers seeking out these opportunities that are sustainable. There is security and minimal risk to be had in the current market with the assi...
Job Keeper Stimulus
We are committed to assisting small business through this unprecedented time. Call our team on 42288622 anytime for up to date information in regards to your tenancies, obligations or government restrictions. Please find links below to the latest government fact sheets providing stimulus for employers and employees: https://treasury.gov.au/sites/default/files/2020-03/Fact_s...
Government Stimulus Fact Sheets in relation to COVID ˗ 19
We are committed to assisting small business through this unprecedented time. Call our team on 42288622 anytime for up to date information in regards to your tenancies, obligations or government restrictions. Please find links below to the latest government fact sheets providing stimulus for small business and households: https://treasury.gov.au/sites/default/files/2020-03/Fact_she...
When is the best time to sell your business?
When is the best time to sell your business? Planning your exit strategy can assist in maximising your sale price and minimise the time your business is on the market. Consider the following: Sell when your business is still performing at the optimum. You may miss this period in time if you have not planned your exit strategy and decide as the business hits a downturn to...
5 Simple Ways to Increase Your Commercial Property Value AND Cashflow At The Same Time
We live in a competitive retail environment. In order to maintain and increase the value of your commercial investments, you need to secure quality tenants. We all want the PERFECT tenant. They never complain, always pay their rent on time and they even spend money on the premises! There is a secret to securing these tenants. Here are some simple ways to attract th...
Small Business Giveback
Meet Kurt . Simple life. Runs his own coffee van. Enjoys chatting to his customers as he makes all his customers smile with his great coffee and genuine nature. Talking to one of his regulars, Kurt discovers that her 26 year daughter (we will refer to her as Lisa), is rapidly losing her sight due to complications from Type 1 Diabetes. Lisa has struggled since her sight...
Are you scrounging every quarter/month to pay GST?
Reoccurring comments from my client’s include “I am struggling to pay my rent this month as I have to pay my GST” and “I wish I did not have to pay GST”. Or recently, a prospective purchaser asked if they could purchase a business that did not charge GST so that they did not have to pay GST. The advice that I have been given by accountants is that we are col...
When it rains ˗ it POURS!
A client once asked me what the best part of owning my own business was, and the word that came to mind was Flexibility. Over the last month I have been able to have shoulder reconstruction surgery, attend many year 12 graduation functions for my eldest daughter, watch my eldest son at his passing out parade in Albury and at the same time, run a professional and successful business that is grow...
Commercial Success
The successful sale of this prominent CBD Strata Shop in Wollongong to a prominent local restauranteur shows the confidence in our local market. Terrific to see our successful business owners investing in the area! With some experienced operators moving onto the Corrimal Street and lower Crown Street Restaurant Strip, there are some exciting changes happening.Consumer patronage is strong and re...