Tabak - Christchurch Business Sale Brokers, Sumner, Christchurch

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Sales & Installation - Canterbury Distributorship; Popular Product

This is a unique, well established and quality business model, offering a product to the renovation market. Leads are generated by the product manufacturer via their website and 0800 number, then allocated to the distributor for that region. The distributer then makes contact to organise a site visit and quote. Once accepted a deposit is paid, the product is ordered from the manufacturer and the builders organised to carry out the install.

Business Strengths:
• Strong growth and profitability
• No prior experience necessary
• Simple and effective business model
• Marketing run nationally by head office

The new distributor could be
• An individual happy to carry out the sales and quoting work, using the existing contractors to install
• A ‘team’ (i.e. couple, siblings etc) where perhaps one is a builder and the other works on sales/quoting
• An existing building/landscaping company purchasing the distributorship as a ‘tack on’ to their business

The current owner is no longer in a position to commit the time this business needs, as he is looking to semi-retire

The Vendor would provide necessary support to ensure a smooth transition.


Sale Price $195,000

Net surplus $140,000 EBPITD (Forecast 2019FY)
Tabak Ltd licensed under REAA 2008

   

Bar; Cash Cow; Growing; Central Otago

This well-established Cocktail Bar with a strong loyal customer base is for sale in a location that is second to none

• Strong growth and profitability each year
• Strong local reputation
• Amazing location and fit-out (makes up most of the purchase price)
• New menu (Food now prepared on-site)
• Fantastic cashflow
• New events/wedding offering has just been implemented

The ideal buyer could be
• A buyer who has prior hospitality experience and wanting either to relocate to an extremely appealing & vibrant Central Otago location or expand into hospitality ownership
• An events manager wanting to focus on the events/wedding package recently put in place

The business is currently fully managed. The Vendor only pays the bills, and has recently spent considerable time creating the new events/weddings offering, making it the perfect time for a new owner to take the reins

The Vendor would provide necessary support to ensure a smooth transition.


Sale Price $250,000 (Plus SAV)

Net surplus $136,000 EBPITD
Tabak Ltd licensed under REAA 2008

   

Commercial Cleaning - B2B Focus – New Builds

The owner of this business currently works 10-15 hours per week, and has found a new passion and different direction in her work life. As a result she wants her business sold – with the key features being:
• Niche market – mid to high end
• Significant growth in last three financial years
• Q1 2019FY is 50% up on Q1 2018FY!!
• All one-off specialized cleans
• All work invoiced to builders
• 4 x staff; use own vehicles
• Strong forward orders
• Owner works 10-15 hours per week – operations & client facing

Current Trading
Whilst the YOY growth of 50% may not be sustainable throughout the balance of the year, this business continues to sign new clients within its niche market. There are also identified opportunities to either expand into other types of cleaning service; or take over some of the sub-contracted work currently being done.

This businesses will appeal to a buyer wanting to establish themselves within the industry, or perhaps even a trade buyer wishing to purchase gross profit $$’s and add this brand to their existing operation.
EBPITD $83,712
Sale price $95,000

   

Sales & Installation - Security & Aesthetics; New & After-Market

Attractive and compelling features of this business include:
• Very established and consistently profitable
• High (and increasing) brand presence in marketplace
• Well-structured systems and processes
• Focus on sales & installation
• Proactive and supportive Franchisor
• Working owner makes over $5,000 per week!!
• Diversity of Products and Markets
• Products appropriate for mid to upper end of their markets

Sales exceed $2m + GST, with around 15% falling to the bottom line as owner profit (EBPITD).
As a franchise there are plenty of systems; checklists; and a franchisee Intranet, to ensure that all information is readily available and meet the needs of all parties. There is good support from Franchisor and excellent relationships with all suppliers, together with the ability to sell products complementary to the franchise range.
This business would be appropriate to a Divisional, Sales or General Manager, or a business owner who enjoys business development

Some experience in managing diverse teams would also be useful.

This is a serious brand that is realistically priced!


Price: $575,000
FME Surplus: $275,585 EBPITD

Tabak Ltd licensed under REAA 2008

   

Retail - Two Locations, Franchise with Great Support -Established & Credible

With annual sales consistently exceeding $1m + GST across both stores, this business caters predominantly to the retail ‘DIY’ market. Both sites are well established and enjoy an excellent reputation & a loyal customer base.
The locations are within a 10 minute drive of each other, and both towns are experiencing significant population growth.
The brand is very well supported by its Franchisor and parent, so a new owner can rest assured that they will be well looked after from day one. The stock alone can be sold at retail for over $600k!!

The ideal buyer could be an individual, or a team of two (i.e. Couple, Parent/Child, etc). It is currently being managed effectively by one person. An interest in retail, customer service and/or home improvements/gardening would prove beneficial to the new owner.

The owner has reached his ‘twilight years’ and also works full-time dealing with his other business interests.

Sale Price: $80,000 + SAV (Approx. $350,000)
EBPITD $152,000

Tabak Ltd licensed under REAA 2008

   

Queenstown - Automotive Repairs; Loyal Client Base Highly Profitable

Generating $1.1m + GST in sales per annum, this business has successfully operated in its Queenstown location for 30 years. The business has a reputation for providing excellent service and workmanship in all facets of vehicle repairs and maintenance. There is a mix of consumer and commercial clients and the business has the capacity to service buses & larger vehicles, with well qualified staff and apprentices.

Highlights

• Continuous profitable growth
• Excellent margins
• Great local reputation
• Strong list of key clients
• Skilled team of automotive technicians
• Unpreceded growth in Central Otago

This business is working at full capacity and is currently having to turn away clients . A qualified auto mechanic will ensure the business continues to thrive

This is an exceptional opportunity showing continued sales & profit growth in the 2018FY

Sale Price $550,000

Net surplus $270,948 EBPITD

EBPITD = Earnings Before one proprietor drawings, Interest, Tax and Depreciation
Tabak Ltd licensed under REAA 2008

   

Web Design & Hosting - Niche Market; Huge Growth Potential

Having been around for 8 years, this business offers web design & hosting services to a niche market across the world.

The current owner has very little involvement as all his time is spent on another venture. Because of this there has been no push to acquire new sales in recent times. This presents a real opportunity for a new owner to look to grow the business, starting with the current client base (circa 100) where a large proportion are due for a refresh or a redesign.

The business would be ideally suited to an individual with web-design experience, wishing to purchase a solid block of web hosting fees and an opportunity to grow an existing, well established brand that focuses on a niche market. Alternatively it could sit well within an existing web-design firm with existing staff and infrastructure in place, instantly adding to their Gross Profit (circa $170k)

• Solid & consistent level of monthly hosting revenue
• Opportunity to ‘reignite’ new

• Great systems and templates in place
• Well renowned brand in the marketplace

Price: $195,000
FME Surplus: $137,412 EBPITD
Tabak Ltd licensed under REAA 2008

   

Scooter/Moped Sales & Service plus Niche Repair Work

Growing Market; Excellent Staff; Make the Most of Rising Petrol Prices!

There are two arms to this business, one is a Canterbury leader in scooter/moped sales and service, and the other is a specialist repairer for a specific material. With years of solid history behind them the business has established itself as a well-known and reputable brand.

The current owner has little involvement currently and in fact has been working full-time elsewhere since February 2018. While the business is operating well with the three staff, there is a great opportunity for an enthusiastic new owner to join the team and take this business to the next level.

A buyer with an interest in motorcycles would be well suited to this business, no technical experience is necessary however as the long standing staff have all aspects of the business covered.

• Great location, with plans to improve the showroom
• Constant demand for services
• Consistent sales & profit for last five years
• Huge growth potential
• Opportunity to open for longer hours in the weekend
Price: $250,000 incl. stock & plant
FME Surplus: $132,590 EBPITD
Tabak Ltd licensed under REAA 2008

   

Painting & Decorating - Profitable; Good Forward Orders; Strong Market Demand

This business has successfully provided services to Canterbury builders, shop-fitters and investors for the past 25 years, and enjoys a reputation for providing high quality work to an appreciative market. Sales are around $600k + GST pa; GP is generally above industry standard and the return to a working owner averages $165k per annum (last 3 years). There is a strong representation of commercial work and this is NOT a “post-EQ” rebuild story.
The owner is only selling due to health considerations, and has averaged 20-30 hours per week in the last 18 months or so, approximately half of these “on the tools”.
The team of six afford the owner the luxury of a 20-30 hour working week. The business has provided him with a comfortable lifestyle for many years, but a new owner may choose to take advantage of the strong forward orders and scale the operation up. A new owner may be qualified as a painter/decorator or plasterer, but this is not essential.

There is a good mix of staff and subcontractors, and all staff all have Employment Agreements

The owner works 50% of the time “on the tools” and the balance of the time doing quotes and managing the business.

This business is an ideal bolt on for an existing player; or a first purchase for a tradesman wanting to work on his own account.
Price $195,000
Profit $181,663 EBPITD 2018FY

Tabak Ltd licensed under REAA 2008

   

High Volume; High Profit Hospitality; Several Sites; Fully Managed

Two of the South Island’s best performing and recognised licensed restaurants are for sale for the first time. They both enjoy a strong positive reputation both locally and with visitors alike, are highly successful and will continue to grow. The brand strength and credibility provides further opportunity to expand from the two existing stores to a much larger geographical area with relative ease as much of the hard work has been done by the existing ownership.
Business Strengths:

• Strong growth and profitability
• Unbeatable systems and procedures
• High profile brand recognition
• Excellent locations, fit-outs and lease terms
• Run by a strong team with limited input from ownership
• Ability to grow the brand by either Franchising or opening more outlets
• Quality and very affordable food offering
• Strong cash flow
• Highly rated by both Facebook and Trip Advisor
• Protected IP
• Ongoing investment in the brand story and resources

These two businesses would suit a hands-on operator who wishes to work in one of the restaurants (or further develop the business) or to an investor or group of investors who can identify the huge potential to expand the current setup by either opening additional outlets or setting up a Franchise model.
EBITDA $612,428
Price $1,950,000
Tabak Ltd licensed under REAA 2008

   

Upholstery, Repair & Service;

The business is based in Alexandra and enjoys a long history of success and credibility. It dominates its local/regional market servicing primarily commercial and some private clients. The business employs a small number of well qualified and loyal employees, who are all locally based.

The business has prospered through several changes of ownership over the years, and whilst retirement beckons for the current owner, he will be available for a comprehensive transition period if required.

Business Strengths
• Over 35 years in business and an enviable reputation for quality and service
• Excellent margins
• Established and profitable
• Key client relationships
• Mostly B2B; some B2C sales
• Excellent location and lease
• Stable and qualified staff
• Wide diversity of markets
• Consistent Earnings
• Accelerating client demand; they are turning work away!

Having owned the business for the past 13 years and reached retirement age, the owner feel the time is right to provide a new owner with the opportunity to continue to grow this well established and profitable business.
Price: $225,000 Incl Stock $10k & Fixed Assets $40k
FME Surplus: $104,000 ++ EBPITD
Tabak Ltd licensed under REAA 2008

   

Harrisons Carpet One - Timaru

Market Leader; Trading Strongly; Proven Business Model
This Timaru-based mobile carpet sales business consistently makes around $104k per annum to a working owner. The current owners have relocated and whilst they can still service the territory, after 6+ years they believe it is time for an enthusiastic new owner. Harrisons Carpet One are the market leading, nationwide, mobile carpet retail business with nearly 50 mobile showrooms nationwide – and the Timaru
business currently services a catchment of over 30,000 households.
Sales leads come in by way of the www.harrisonscarpet.co.nz website and the 0800 number, and are leveraged from the very strong promotional calendar undertaken by the franchisor. As the new owner, you will visit prospective customers, do a measure & quote (using laser technology with a measuring device and tablet) and ultimately close the sale.

Franchise fees are very reasonable and the franchisor also has three regional managers, who proactively support the franchisee network

A proven business model with a reputable and growing franchisor – a RECIPE FOR SUCCESS

Sale Price $165,000
Net Surplus $104,417 EBPITD
Tabak Ltd licensed under REAA 2008

   

UVTEC FRANCHISES AVAILABLE

UVTEC Franchise territories for sale nationwide. (Window liquid coating that blocks 99 % of UV radiation…the primary cause of furniture fading).
This is a unique well established quality business model, which provides a crystal clear liquid coating to glass that blocks 99% of damaging UV radiation.
The Franchisor is seeking suitable franchisees for a number of exclusive territories throughout New Zealand including Auckland (3), Waikato, Hawkes Bay, Taranaki, Wellington, Nelson /Marlborough, and Otago/Southland.
• Established product for 20 years
• Full on-going support and training provided
• No prior experience necessary
• Excellent potential income in excess of $90,000
• Unique liquid product that has a 10 year warranty
• Over 8000 applications completed nationwide
• Strong brand marketing
• No ongoing franchise fee “clipping the ticket”; simply a one-off joi

Individual Franchise territories available for sale from $50,000-$100,000 +gst with the initial capital investment dependent on the individual territory.

Additional information is available about the product/service at www.uvtec.co.nz

Tabak limited licensed under REAA 2008

   

Marlborough Refits & Refurbishments

Generating $1m + GST in sales per annum, this business has successfully operated in its niche maritime market for many years. It has provided a great income to a variety of owners during this time and there are plenty of very experienced staff who will remain with the business post-sale.

Competitive advantage within its industry is provided by:

• Location & facilities
• Satisfied & loyal client base
• Excellent supplier relationships
• Quality of work
• Thriving market segment
• Stability & quality of key staff

This business’s success is leveraged off its ideal location, brand credibility, excellent staff and superior assets. They have a positive relationship with their landlord, and are assured of longevity at their current site.


Significant and long term vendor support is available (with a key owner/staff member likely to remain with the business post-sale)

Sale Price $510,000

Net surplus $248,095 EBPITD
Tabak Ltd licensed under REAA 2008

   

Christchurch Business Opportunities Upbeat

Press Release: nzbizbuysell Wednesday 2 November 2016

Nzbizbuysell works with leading business brokers who have their finger directly on the business-trading pulse, such as Damien Fahey from Tabak Business Sales. Damien says they are still experiencing a strong demand for good businesses, especially from locals, that are not directly aligned with deconstruction or rebuild work. This includes the wider areas of Selwyn and Waimakariri.
“The sentiment around town is that it’s an exciting place to be part of. We have come through the turmoil, and are now making up the new rules. He says for example the vibrant cafe scene provides a great place to meet clients and do business.”
“Every year since February 2011 has been better than the one before - and I don’t see that changing. Owning your own business is not difficult; all that’s required is a good understanding of the systems, the clients’ needs, along with sound sales and management skills and some tenacity.

. It is often the best way to get ahead financially especially if it has a good cash flow and customer base. The sectors we deal in that are doing particularly well are import and distribution, import and direct sales, trades services, niche retail, manufacturing, engineering and fabrication.” He says buying an existing business cuts down lengthy set-up time and therefore provides immediate cash-flow.

   

7 Core Strategies to increase the value of your business

At Tabak we like to share great ideas and information – and if you own your own business, or one day plan to – then you need to read this by e3 Accountants by clicking here.

E3 have produced a practical, simple, easy to read guide for business owners who wish to improve and add value to their businesses. They acknowledge business owners are all busy people and have accommodated this with some easy to follow suggestions that will help optimise your value when it comes time to sell your business.
Best Regards etc.


Damien Fahey
Partner
Tabak Business Sales

(Tabak Limited licensed under REAA 2008)

   

Tabak SI is on track to confirm the sale of businesses worth nearly $11m in the last twelve months – this on top of a strong finish to the 2015FY which saw over $8m of businesses sold.

If you are not on our buyer database, our best advice to you is to get in touch and register. We sell over 80% of our businesses to existing database buyers. Beyond registering, make yourself known to us! The more we know about your background & skills, the better placed we are to identify the right opportunities for you. In fact in the last 18 months several sales were made directly to a buyer we identified as being the right fit – this ensured complete confidentiality through the process.

Our South Island team of Damien, Russell and Diane are looking forward to another busy and successful year in 2016, finding you the right opportunity to purchase.

Damien Fahey
Partner
Tabak Business Sales
Email: damien@tabak.co.nz
Website: www.tabak.co.nz

(Tabak Limited licensed under REAA 2008)

   

Hi everyone,
The above pie chart shows the variety and split of businesses sold by Tabak nationwide in the last 9yrs. The SI has contributed around 28% of the sales, a statistic that we are proud of.

The bar chart shows the difference between Tabak’s marketing price and actual sale price. In 6 of the last 9 years Tabak’s total sales for that year are within 5% of where we valued those businesses. We value businesses realistically and we are usually very close to the actual result; perhaps this helps Tabak stand out from its competitors?

Rent rolls - we have a number of active buyers for rent rolls, ranging from “room by room” right up to executive houses. If you know any property managers who wish to realise their asset, Tabak can deliver them a buyer for their rent roll at good value.

If you know people seeking a good business to buy, they should contact Tabak and register as a preferred buyer; and also we welcome enquiry from prospective vendors of good businesses.

Take Care
Damien & the SI team

(Tabak Limited licensed under REAA 2008)

This email contains information that is confidential and may be subject to legal privilege. If you have received this in error, please notify us immediately by return email, facsimile or telephone (call us collect) and delete this email. Tabak Limited accepts no responsibility for changes made to this email or to any attachments after transmission from Tabak. Ltd.

   

Resources For Sale & Purchase of a Business

Tabak’s corporate website is now complemented by SI specific content on this BillboardMe Tabak website; www.tabakchch.billboardme.co.nz.

This site includes information on local businesses for sale here and historical sales data, and content from previous newsletters emailed to accountants & business bankers as shown here.

As a registered buyer on the Tabak database, occasionally you will receive emails from our Christchurch team via this website and should complement the "new listing" flyers that are emailed to you.

Topics of interest could be:
* What's Hot & What's Not - in business sales
* Specific Opportunities
* Comment on recent sales and/or the local market.

If you think this may have value for your friends & family, please forward this email to them, so they can subscribe to our BillboardMe site themselves.

Enjoy the new resource.


Best Regards
Damien, Diane, Russell & Liz (Tabak Christchurch Team)

www.tabak.co.nz
www.tabakchch.billboardme.co.nz
Email: diane@tabak.co.nz


(Tabak Limited licensed under REAA 2008)