Australian Business With Substantial Tax Benefits For Sale - Australia - Brisbane, United Kingdom

Asking price: £55,000

Business description: If you are moving to Australia and require a ready made business or require a substantial tax loss this is a golden opportunity.

Years established: 5

Employees: 2

Trading hours: 24/7

Home based: This business can be run from home.

Home based: This business can be run from home.

Relocatable: This business can be relocated.

Location: Registered in Brisbane Queensland, the company is well known in the music industry in both Australia and the USA. It can be run from anywhere in the world but requires the new owners to have at least one director resident in Australia.

Expansion potential: Overseas purchasers can use the tax losses and gain instant residency in Australia by paying the new directors a high salary. (circa £125 000pa). Due to the tax loss purchasers will be able to gain permanent residency and ultimately citizenship in a a very efficient and rapid manner. Buyers from Australia will be able to reduce their liabilities and if they wish to can utilise the distribution and manufacturing contacts and contracts that are all established in order to purchase a worldwide network in a very short space of time. We are also able to sell the UK websites and IP rights to a number of albums by separate negotiations.

Competition / Market: This is a music industry related business, which has well in excess of $500 000 of tax deductible write offs as well as a long established and highly visible web presence. The web site alone has a 5 year history and is top of all google rankings was specifically designed to appeal to the American Youth market. The current directors are now re-located in the UK and wish to sell the company and website if required. The IP rights do not go with the sale except by negotiation. The company is contracted to release music via Universal Music in the USA on an ad hoc basis and the directors are happy to offer full contacts and accounts for the past five years. This business was run with the express purpose of creating a loss making vehicle to offset other business ventures but is no longer required. This is a perfect vehicle for gaining entry in Australia as a business investor.

Support & training: Purchasers will have full access to all contacts and will be supported if they require.

Reasons for selling: Non core business. Directors now re-locating to UK.