Tabak - Christchurch Business Sale Brokers, Sumner, Christchurch

Tabak - Christchurch Business Sale Brokers

For business owners who wish to plan their exit:
Tabak provides a business valuation service including various options for succession.

For those owners wishing to sell:
Tabak sells 80% of the businesses taken to market; with an average value within 5% of the asking price, giving our clients certainty over their exit strategy.

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TABAK LIMITED IS LICENSED UNDER REAA 2008

Latest News/Offer   (View All)

Manufacture & Retail Food Products; Great Cashflow; Regional SI

Located on SH1 this iconic business continues to thrive nearly 30 years after first opening. Several previous owners have performed various roles within the business, which consistently delivers $20-$25k cash sales over the counter, and even more in seasonal times such as school holidays and Xmas/New Year. The margin are excellent, ensuring 25-30% of sales fall to the bottom line as the owner income (EBPITD).

The building was purpose-built for this business, which enjoys a high-profile frontage on SH1 with significant traffic flows throughout the day. The premises are leased at market rate with lease costs around 4% of sale, an excellent ratio within this sector. The business is located within a 2.5 hour radius of Christchurch and the plant & equipment is relatively new, with no material capex anticipated in the short to medium term.
A core team of around a dozen (including casuals) produce quality products day in-day out,

This is a busy 7 day per week trading environment generating excellent cashflow and profits. The current yield is excellent and there are also opportunities for further managed growth.

Sale Price
$995,000 including 55k stock & all plant & equipment
Tabak Ltd licensed under REAA 2008

Testimonials   (View All)

Hi Damien, thanks for your assistance too – very professional and experienced

- DesK : Purchaser
Hi Damien
As you know, I’ve been a business advisor and mentor for over 15 years as well as running several businesses of my own. I learned one lesson really early on, employing professionals is usually cheaper than trying to do a job you have no experience with or time to learn. So when it came to selling my tourism businesses, having seen your great work with other clients, you were the first person I thought of. I found you incredibly professional to deal with, the information provided was clear, concise and easy to follow. Most importantly, there were some stumbling blocks that cropped up during the sale process and, even with my years of business experience, I can genuinely say that without your expert knowledge and guidance I don’t think I’d have got the sale over the line. The phrase ‘you get what you pay for’ was never more true. I will strongly recommend all my clients use your services when selling their business.
Thanks once again.
Regards
Sara.
Sara Leadbetter, Business Advisor

- Sara L : Business Advisor - Tourism
Service was excellent. Very professional approach to the sale which lead us to say a very good outcome. Damien Fahey went above and beyond to obtain sale and meetings held with buyers were always done professionally.

- Karen W & Ken W : Vendor
Damien - Thank you for the persistent work, Lorraine and I know you have put into make the sale of the removal business happen. We as you trust that the final change over goes well.

- Lorraine & Murray : Vendor

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