COMMERCIAL PROPERTY TEXT

As discussed on Tuesday, the Cute Country Cavoodles business that you have created is unique and quite spectacular - one that is sure to attract interest if promoted strategically. And whilst there are various challenges with selling a business such as this, you appear to have a realistic awareness of this.

The sale is likely to receive the best degree of interest if presented as a ‘packaged sale’ – ie. a sale of the property and business combined. There is so much impressive infrastructure that has been created purely for a dog breeding business, and is not reasonable to expect a new purchaser of the business to relocate this to another location. The dog breeding business is financially strong and highly regarded, enjoying a high ethical standards reputation throughout Australia. This is clear when inspecting the property and seeing first-hand the outstanding environment and conditions that have been created for the animals. You obviously have a wealth of knowledge and a large amount of historical information that will need to be transferred to the new owners. Having the experienced and reliable staff in place will further assist in a smooth transition to new owners.

Based on the financial information we have reviewed, we can see that sales for the 2022 and 2023 financial years were slightly above $400,000, with net profits of $68,000 and $100,000 respectively – this is after allowing a wage of approximately $40,000 pa for Debbie. Considering that the infrastructure will form part of the property sale, we expect that the business could reasonably be worth between $125,000 and $160,000 plus the value of the stock (the dogs) that will be included at the time of the sale. Unfortunately we do not have any comparable information for other dog breeding businesses that may have sold.