Top 5 Things to Look for When Buying a Business in Australia

Buying a business is a smart way to become your own boss—without starting from scratch. But before you sign on the dotted line, it’s important to know what to look for.

At Manna Business, we help buyers across Australia find the right business for their goals. Here are the top five things you should evaluate before making a purchase.

1. Financial Performance
Always check the numbers. Ask for:

Profit & loss statements (3 years)

Balance sheets

BAS statements

Any debts or liabilities

Look for stable or growing revenue and healthy profit margins. If the books are unclear, get help from an accountant or broker.

2. Business Model & Industry Trends
Is the business future-proof? Ask:

Is this industry growing or declining?

Can the business adapt to new technologies or customer demands?

Is it seasonal or stable year-round?

Choose a business that aligns with your interests and has long-term potential.

3. Customer Base & Reputation
A loyal customer base is a valuable asset. Review:

Client retention rates

Customer reviews (Google, social media)

Key partnerships or contracts

Goodwill and reputation often determine a business’s true worth.

4. Owner Dependency
If the business relies heavily on the current owner, it may be hard to take over. Consider:

Are there systems in place?

Is staff well-trained?

Can you run the business without major disruption?

Well-structured businesses are easier to transition and grow.

5. Legal & Operational Risks
Don’t skip due diligence. Check:

Lease agreements and renewal terms

Licenses, permits, or registrations

Legal disputes or pending claims

Having a broker like Manna Business ensures nothing is overlooked.

Ready to Buy the Right Business?
Whether you're a first-time buyer or an investor, Manna Business can guide you every step of the way. We match buyers with the right businesses across Australia.

📞 Contact us today to explore available businesses and get expert advice.