About R&W Hotels/Leisure
R&W Hotels & Leisure is a specialist agency within the Richardson & Wrench Group providing a valuable service to the small to medium enterprise (SME) market across Australia. Our vision is to be the leading provider of business broking services in Australia by providing unmatched levels of service and professionalism.
Buyers and Sellers Can Now Do Business with Confidence
Since its establishment in 1858, Richardson & Wrench has built its reputation around honesty and integrity and employs professionals with the right business skills that deliver quality of service and high levels of customer satisfaction. Our powerful combination of people and brand provides both buyers and sellers with the assurance that their interests are being well looked after.
Our key value is to treat every customer with respect, to build trust and confidence, develop a strong and lasting business relationship and understand life needs and goals to help us deliver a service that exceeds expectations.
How Does R&W Hotels & Leisure Achieve Superior Results?
> We attract and retain quality people with the professional skills and experience to ensure each contract is managed to finality.
> We emphasise continuous staff training to ensure compliance with industry standards, legislation, rules and regulations.
> Performance optimisation for clients and staff through the power of the Richardson & Wrench brand and national network.
What Markets and Industry Sectors Does Richardson & Wrench Serve?
Our North Sydney office consists of a team of dedicated professionals that focuses on business and property sales within the Tourism industry. R&W Hotels & Leisure has successfully listed and sold businesses in all major tourism industry segments including motels, caravan parks, backpackers, private hotels, guesthouses and boarding houses.
What We Do For Our Sellers
> Understand seller’s objectives.
> Review business profile.
> Perform initial business appraisal and verify sale price.
> Identify seller’s actions, company accounts, lease and related documents.
> Identify seller’s costs and agree time scale.
Preparing For the Sale:
> Determine preliminary price range.
> Prepare Investment Memorandum and related advertising material.
> Establish sales process, review times, action items and contact strategy
Marketing the Business:
> Prepare and upload online advertising and where required, print advertising.
> Monitor all enquiries and qualify buyers. Keep seller informed of progress.
> Create buyer shortlist, interview and check viability, sign non-disclosure agreements.
Select the Buyers:
> Assess factors including financial ability, time scale and commitment to agreement.
> Negotiate letters of offer, sale agreements and identify solicitors and accountants.
> Arrange and coordinate buyer inspections, meetings with sellers and landlords.
Negotiate And Monitor:
> Coordinate and monitor the contract process, sale and trust account.
> Close transaction and clear financials
What We Do For Our Buyers?
Help Find The Ideal Business:
> What type of business is the buyer best suited to?
> What criteria does the buyer have – Cost? Location? ROI? Staff? Hours?
> Identify capital available and capital required.
Help With The Evaluation Process:
> Provide Investment Memorandum.
> Review lease and sale documentation.
> Arrange site inspections and meetings with sellers, landlords etc.
Negotiating the Purchase:
> Supporting the due diligence process.
> Satisfactory review of business records to support the seller’s representations.
> Trial period if required to verify takings in a high cash business.
> Identify finance requirements and assist where required.
> Review lease conditions and staffing issues