Sell a business



Fairfax flags digital acquisition strategy after sell-down of Trade Me

12:07PM | Tuesday, 18 December 2012 | Michelle Hammond

Fairfax Media has flagged its intention to make digital acquisitions as part of a wider strategy to transform the business from print to digital, despite offloading its 51% stake in Trade Me.

Retail Zoo adds coffee to its franchise menu with Cibo Espresso

12:26PM | Monday, 17 December 2012 | Michelle Hammond

The parent company of Boost Juice has flagged franchising opportunities after acquiring Adelaide-based coffee chain Cibo Espresso, which will now be extended across the country.

Sumo Salad acquired by one of Australia's richest families

12:44PM | Thursday, 13 December 2012 | Patrick Stafford

Fast food chain Sumo Salad has been bought out by one of Australia's wealthiest families, with the company now planning to triple its 100 locations and even pursue a float on the ASX as it grows beyond the restaurant category and expands its brand.

Insolvencies rise in October, but Christmas could bring a reprieve

12:17PM | Tuesday, 11 December 2012 | Patrick Stafford

Insolvency experts predict many businesses might hang on through Christmas but could struggle in the new year.

Yahoo! goes OnTheAir in latest app acquisition

12:42PM | Wednesday, 5 December 2012 | Michelle Hammond

Yahoo! has acquired video chat broadcasting app OnTheAir less than two months after acquiring mobile recommendations app Stamped.

Online genealogy boom continues as MyHeritage raises $25 million

11:26PM | Friday, 30 November 2012 | Michelle Hammond

Israeli company MyHeritage has acquired long-term rival after raising $25 million in new funding, as the genealogy industry continues to grow both overseas and in Australia.

Buying a business – is it for you?

11:20PM | Wednesday, 21 November 2012 | Oliver Milman

Before you take the plunge into business ownership, do your due diligence on what’s right for you. BY OLIVER MILMAN.

Record 18% increase in businesses for sale in Q3: Report

11:35PM | Monday, 19 November 2012 | Michelle Hammond

The number of private businesses for sale reached a record level in the September quarter, according to a new report, which highlights how owner-operators can affect business values.

Do some small business window shopping

11:56PM | Monday, 19 November 2012 | Taskmaster

A record number of private businesses were up for sale in the September quarter, creating a unique opportunity to gather intelligence about your industry.

Yahoo! acquires celebrity-backed app start-up Stamped

10:02PM | Friday, 26 October 2012 | Michelle Hammond

Yahoo! has made its first acquisition under the direction of chief executive Marissa Mayer, snapping up celebrity-backed mobile recommendations app Stamped for an undisclosed sum.

Sparking up a smoking hot start-up idea

10:57PM | Friday, 12 October 2012 | Oliver Milman

Queensland entrepreneur Jason Healy launched electronic cigarette maker blu eCigs in 2009, later selling it for $US135 million. Here’s how a true-blue Healey rounded up a fortune in Charlotte, North Carolina. BY OLIVER MILMAN.

Microsoft tipped to snap up music start-up Rdio

10:31PM | Thursday, 4 October 2012 | Michelle Hammond

Microsoft is in talks to acquire US-based digital music service Rdio, a start-up created by a co-founder of Skype, it’s been reported.

Facebook acquires founders of Carsabi, but not the start-up itself

10:45PM | Tuesday, 2 October 2012 | Michelle Hammond

Facebook has acqui-hired the founders of Y Combinator start-up Carsabi, who are attempting to sell the service to focus on their new jobs, which could include Facebook’s new “Gifts” feature.

Taxes grind Bean Bar into liquidation as franchisees continue brewing

9:52PM | Friday, 28 September 2012 | Cara Waters

A liquidator has been appointed to the company behind the Bean Bar coffee shop franchise.

Woolworths sells Dick Smith for a bargain basement price

9:32PM | Thursday, 27 September 2012 | Cara Waters

Woolworths has offloaded non-core retail chain Dick Smith to a private equity firm.

Sydney start-up Project PowerUp sold to Alchemy Equities

9:05PM | Thursday, 13 September 2012 | Michelle Hammond

The founder of crowdfunding platform Project PowerUp has set its sights on the United States after selling the business for less than $1 million, barely a year after it was launched.

Bittersweet: Darrell Lea sold but retail stores to close, 418 to lose their jobs

9:35PM | Monday, 3 September 2012 | Cara Waters

Darrell Lea will continue as a confectionery brand but without its retail outlets.

Planet Chocolate sold as founders switch to mobile tech market

8:12PM | Thursday, 30 August 2012 | Michelle Hammond

The founders of chocolate retail chain Planet Chocolate have launched an ordering app aimed at small-scale food and retail franchises, after selling the business to an undisclosed buyer.

Tech start-up BuzzNumbers snapped up by Sentia Media

8:25PM | Thursday, 23 August 2012 | Oliver Milman

BuzzNumbers, a social media tracking start-up launched by prominent tech scene figure Nick Holmes a Court, has been purchased by Sentia Media.

Retail Food Group posts record profit, swallows former Smart50 entrant Crust Pizza for $24 million

8:01PM | Thursday, 23 August 2012 | Patrick Stafford

Retail Food Group has added another pizza chain to its roster with the purchase of Crust.