Gradually, the Australian economy is returning to some semblance of normalcy as the country is set to open its international borders from 21st February to double-vaccinated foreign visitors and visa holders. The expected influx of foreign workers, immigrants and tourists bodes well for pandemic-affected businesses. With businesses becoming more profitable again, this opens up the market potential, creating more opportunities for buyers and sellers alike.
With just shy of 45% of booster shots administered to those aged 18 years and the steady decrease in case numbers and hospitalisations, people are becoming increasingly more confident of Australia’s economic recovery. This is reflected in the flurry of market activity as we see more businesses being listed, and a surge in genuine buyer interest.
If you are considering entering into the market at this time, whether it be to buy or to sell, First Choice Business Brokers is here to assist you in your endeavours. For a confidential, obligation-free discussion with one of our experienced brokers, simply give us a call on 9899-1888.