Tabak - Christchurch Business Sale Brokers, Sumner, Christchurch

News / Offers

   

Furniture Removals - Blenheim; Market Leader

This business is based in Blenheim (home office) and for 19 years has provided a stellar income for its owner. Annual sales have averaged $550k + GST in the last three years and are generated by local, national & international household moves – both into and out of the Marlborough region.
The business also sub-contracts to national carriers for “last mile” work within the region. The following attributes make this business an appealing opportunity for the right buyer who wishes to enjoy the regional lifestyle on offer in “the top of the south”:
• Multiple revenue sources
• Three vehicles (2 trucks and a van) worth $150k+
• Consistent trading
• YTD sales are ahead of the same time last financial year
• Cashflow positive
• Strong market share
• Significant vendor support available if required
The working owner is only “on the tools” about 20% of the time. The balance of his work is spent assessing and writing up quotes, responding to client needs & enquiry, and operational planning.

There are three fulltime drivers/staff and a range of part-time and casual staff to ensure that at peak times all three vehicles are generating optimal income. No industry experience necessary as the vendor is happy to provide post-sale support and also remain available to assist with quoting etc. as required.
Sale Price $ 375,000 inc vehicles
Tabak Ltd licensed under REAA 2008

   

Tourism - Queenstown & Lakes - Loyal & Repeat Clients - Barriers to Entry

This business currently generates over $550k + GST of sales with around 25% dropping to the bottom line for an owner operator (who only really works an FTE role for 6-8 months of the year). Trading is increasing and there remains scope for further improvement. A working owner is supported by employed Tour Leaders and a part time administrator.

The brand is well known, highly regarded, and has enjoyed “first mover advantage” with its core trip. Additional tours have been added and are growing strongly. The business is seasonal with only limited owner input required in the autumn & winter seasons, and is strongly cashflow positive. The diverse nature of the trips offered together with their absolute appeal to the target market reinforces the fun, scenic splendour and exercise-oriented nature of the business.
There around 30 fully support cycle tours per season, with up to 10 clients per tour .

The current owner is seldom required to be a Tour Leader and their role is primarily sales and admin based. This role is very part-time in the “off season”, but increasingly busy during the spring & summer months.
This business has been incredibly well structured and provides an established platform for growth; with the added bonus of being cashflow positive from Day 1.

Sale Price $250,000
Net Surplus $145,450

Tabak Ltd licensed under REAA 2008

   

Import/Distribution; Good Market Share - Exclusive Brands

This business is based in Christchurch and has grown in recent years both organically and by acquisition. The following attributes make this business a stunning opportunity for a high net worth individual; group of investors or private equity:
• Established & profitable
• Consistent sales and profit growth
• Stock circa $2.5m + GST
• Consistent margins
• Attractive products & brands
• Massive (and several) market sectors
• Easy access location with plenty of parking
• Ecommerce B2B enabled website
• Well known and credible supplier but huge growth potential
• Over 1500 resellers
• Sells New Zealand wide from its Christchurch base
• Capable & settled staff; current GM-in waiting
• Established multi supplier relationships
• Wide (but related) product range
• Most products/brands sourced from offshore
• $500k in indent orders already secured for 2019

In addition to the purchase price (which includes $2.5m stock and $200k P&E) the new owner will require perhaps $500-750k in working capital – depending on the time of year. The current owner/GM is getting less and less busy due to excellent staff.

Sale Price: $4,250,000 (includes $2.7m of stock & plant)
Net Surplus: $922,700 EBIT
Tabak Ltd licensed under REAA

   

Environmental Consultancy - Ongoing Nationwide Growth Opportunities

The new Health & Safety at Work (Asbestos) Regulations 2016 officially come into effect during 2018. This Consulting Firm was established in 2017 to meet the growing demands of the new regulation, and has shown consistent growth since. They are experts in facilitating the measurement and quantification of airborne asbestos fibres.

With all the systems and processes in place, they are able to give expert advice and solutions, whether it be for a building site or an existing building.


Business Highlights

• Fully managed, current owner has very little input into the business
• Key employee/manager wishing to stay on with a new owner
• Opportunity to provide service nationwide
• Could easily be run from anywhere in New Zealand
• Diverse and growing client base
• Opportunity to offer other contamination services, such as land and water testing
• Half of schools in Canterbury are yet to be tested and implement a Management Plan

The business would be a perfect fit for another environmental consulting business, looking to either obtain a foothold in the South Island, or use Christchurch as a base and expand nationally. Alternatively, as the business is fully managed, it would also suit an individual with an interest in this area and a willingness to focus on new business development, while the 3 existing employees continue to provide the consultancy work.

Price $395,000
Tabak Ltd licensed under REAA 2008

   

Automotive Workshop - Usual Repairs & Servicing; Loyal Client Base;

Consistently generating around $600k + GST in sales per annum, this business has successfully operated in its current Christchurch location for nearly 20 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 increase its output if additional staff were employed (currently 2 mechanics plus the owner).

Highlights

• Consistent & profitable trading
• Reputable brands & suppliers
• Great local reputation
• Nice mix of key commercial clients and consumer work
• Competent & capable staff
• Good cashflow; low overheads
• Huge array of assets & plant/tools
• Onsite accommodation if required

Opportunity

At $600k annual sales the business is working comfortably and does have spare capacity (i.e. 5 hoists). An option is to open the workshop on Saturdays, and/or invest money in advertising & promotion.

A competent & capable auto mechanic will ensure the business continues to thrive, as the current owner is on the tools for about 15-20 billable hours per week. It would suit a capable mechanic currently working for wages; in particular a younger but enthusiastic worker wanting to take on business ownership, and all the opportunity that this entails, as our vendor did many years ago.
Sale Price $225,000
Tabak Ltd licensed under REAA 2008

   

Niche Contractor - High End Market; Diverse Clients; Solid Asset Base; Substantial Forward Orders

Sales averaging $1.2m + GST per annum are generated by three productive staff and a working owner who is partly “on the tools”. The business is very well known in its field and is seen as the go to for unique, high end concrete finishes.

Business Highlights
• Excellent showroom and lease in place
• Most plant & equipment less than two years and makes up a large part of purchase price
• Geographically local clients
• Repeat business from large construction companies
• Outstanding systems, policies and procedures, all documented including videos
• Staff well trained to cover all aspects of the business



The Buyer

The ideal buyer could be:

• An existing contracting or construction business wishing to add $450-$500k gross margin (after purchases & wages) to their business and capture “sticky” clients
• An experienced contractor on wages wanting to own and operate their own business
• A manager who understands the sector and will work “on” the business to generate growth

The current owners have plans to move the family overseas mid-next year, and are therefore willing to provide a more than adequate handover to a new owner.

Price: $265,000
FME Surplus: $144,000 EBPITD
Tabak Ltd licensed under REAA 2008

   

Cube Cabins - ‘Tiny Home’ Market; Huge Income Potential

Franchises Available Nationwide -
Involved in the construction, sale and rental of these niche and appealing products, the demand for Cube’s cabins and tiny homes (http://www.cubecabins.co.nz/) is constantly increasing nationwide. The owner feels the best way to manage this demand is to partner with experienced and enthusiastic people around NZ as Franchisees. There are some excellent initiatives in place that will generate enquiry for these new Franchisees.
Business Strengths:

• Well-known brand
• ‘On Trend’, growing & exciting market
• Scalable, with substantial income potential
• Excellent systems and support in place
• Excellent supply chain
• Sell, rent or rent to own

This business would suit a hands-on operator with experience in the building industry, or an experienced sales person with the ability to surround themselves with a top class construction team.

The Franchisee will be committed to exceptional customer service, top quality and a commitment to business growth and profitability. The Franchisor is seeking dedicated business owners who share his passion for success and excellence, and recognises that this comes about through commitment and hard work.

EBPITD $225k + (Year 1 Forecast), $450k + (Year 2 Forecast)
Price $195k plus Working Capital plus Plant (if any)
Tabal Ltd licensed under REAA 2008

   

Francesca’s Italian Kitchen Investment Opportunity - Fully Managed

With both sites (Wanaka and Christchurch) experiencing year on year revenue growth and being fully booked throughout the year, FIK is ready to be taken to the next stage via national expansion or franchising. The owners wish to remain in the business but due to the running of several other successful hospitality sites throughout the South Island, they simply do not have the capacity to make this happen. A lot of time and effort has been placed on establishing systems and processes with nationwide growth in mind.

• ‘Francesca’s’ Cookbook to be released on 1 November 2018 (Published by Penguin)
• 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

The current owners have worked exceptionally hard over the years to establish the restaurants and the brand but do not have the capacity to expand the operations further, as they are very tied up with other non-competing sites & projects they have started. They are very open to be involved in whatever capacity the new ownership structure deemed appropriate.


Price Expressions of Interest Invited
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)