Whilst Group One Business Sales is a registered Real Estate Agent and REIV member, its parent company is a Marketing, Governance, and RTO Compliance consultancy.
Our approach is to utilise 20+ years of Marketing experience to sell RTOs and other businesses. We do not use unscrupulous real estate agent practices. Transparency, honesty, and ethical conduct underpin our relationship with Vendors and Buyers.
The key information that buyers seek to review are the past 3 years' financials, current customer profiles (or student numbers by course), quality and compliance evidence, funding information if relevant and details of current lease arrangements. It is critical that Vendors are open and transparent with buyers and do not mislead or misrepresent their business operations, company structure/s, staffing arrangements or financial situation.
Time to Buy - CRICOS
Demand for CRICOS RTOs emerged from the COVID slump, followed by optimism after the borders opened. Enthusiasm was then snuffled by the backlog of Visa approvals and the wait for Overseas Students to arrive.
This has impacted the sales price of CRICOS RTOs. In early 2022, prices were high aligned with positive expectations. They have since declined considerably to a level that represents the pre-COVID 5-year medium.