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An on-line marketplace
for trading Irish businesses is already attracting interest from
restaurants and food establishments. www.thebusinessshop.ie aims
to become the first port of call for anyone who wishes to buy,
sell or invest in an Irish business.
Currently businesses for sale on the site include
a south-east restaurant with a turnover of 530,000 and
a Kerry takeaway. Meanwhile in another part of the site a coffee
shop and a hot food takeaway are being sought in the Dublin area.
This is the first
venture of its kind in Ireland and it will be invaluable to a
range of business interests including those wishing to buy or
sell a business and those sourcing franchise opportunities. It
will also interest the private equity market as the site listings
will attract investors seeking businesses and businesses seeking
investment.
www.thebusinessshop.ie
will fill a void in the Irish business market. It will considerably
reduce the time involved in the first step of sourcing businesses
for sale or in placing a business on the market.
The initiative
is the brainchild of two Limerick businessmen John Ahern and
John Ryan. John Ahern is the founder of Go2mobile, the first
company in Ireland to deliver a range of mobile messaging solutions
to the corporate sector. John Ryan is the Technical Manager for
Go2mobile.
"We aim to make this site a central contact
point for business investors and an interactive forum for existing
and start-up businesses in many different business sectors",
said John Ahern. 'In addition people who wish to open a franchise
will have a place to seek out each another and there will be
special sections for financial and legal services. It will also
be invaluable for those seeking consolidation through acquisition",
he said.
The costs of
placing a business for sale, seeking a business or franchises
varies depending on length of time a business is advertised.
The standard rate is 149 per month for a three month listing,
with a special rate of 49 per month for small businesses.
The amount of information given in relation to any business is
at the discretion of the person placing the advert.
There is also
a free mobile/text alert service. Anyone registered with the
site can be informed immediately if a business matching their
requirements comes up for sales or if a buyer matching their
requirements logs an interest.
John Ahern
(left) and John Ryan founders of www.thebusinessshop.ie, a new
on-line marketplace which will become the first port of call
for anyone who wishes to buy, sell or invest in an Irish business.
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