These ChinaBiz guys first cold called me then came to me claiming to have found a buyer for my business, but it seems all too easy.
The buyer they 'found' accepted a high asking price, yet has never seen my business or walked through the door. ChinaBiz don't reveal any details of the Buyer, and ask for you to write up English/Mandarin Sales contracts.
Their address in New Zealand is noted as Level 27 PWC building at 188 Quay Street Auckland New Zealand, yet that very floor and address are advertised as being a 'Virtual office' address by a serviced office company, so its doubtful if they even reside there. see
All up, seems very questionable. All contacts seem to have Indian accents, even when they have Anglo names, but are supposedly based in New Zealand and representing Chinese businesses wanting to come to Australia. Supposedly the Chinese Buyers cannot understand or read English well enough for an English only Sales contract, yet want to buy and run a business here?
Why also the multitude of company/web/email names.. ChinaBiz.co.nz, ChinaBizPartners.cn, China Business Partners, China Business Partners Limited. Yet I could not find any equivalent of an ABN/ACN number for them.
Interesting that their website mentions not a single individual name on the site, even as directors or Sales contacts.
China Business and Trading Co (Chinabiz.co.nz) are scammers. They tell you they have buyers in
China for your business but you have to get the contract translated into Mandarin. The tanslator is a director of the co in Australia which according to them arent trading. Andy Gallay is the name used by the NZ contact. We found out after paying $3000 for the translation but before they could scam any more out of us. There are no buyers in China. Beware!!!!! Their contact no in NZ was (could have moved the business) 00116493632780