We have a company in the hospitality sector that has $250,000 tax losses and we are looking to sell the share to someone else who would benefit from offsetting their tax through this companies losses.
Our understanding is that you need to operate in the same industry and you would certainly need to get your own advice on this matter.
The sale agreement will include warrantees from the vendor.
Listing ID: NSW09824
Broker: Tee Fourie
Phone: +61 419256513
To complete an online confidentiality agreement visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09824
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.