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This business has historically generated around $800k to $1m + GST of annual sales with around 23% gross profit and 15% dropping to the bottom line for a part time owner operator. The business currently sells and guides its own tours, plus generates profit from selling third party tours. A working owner is supported by contracted overseas guides and a part time customer service person based in New Zealand.
This business has developed around three dozen fully supported tours, which are fully specified and for which they own the IP, generally with 20-30 clients per tour. A normal trading year sees only 3-4 fully guided trips by our vendor, with the balance of the business being third party sales, and/or tours guided by international contractors to this business.
The vendor is prepared to contract back to the purchaser for consulting and guiding purposes for at least two years following settlement if required
Tabak Ltd licensed under REAA 2008
Sale Price: $135,000
$121,060 2024FY Gross Profit - $ 98,321 2024FY EBPITD
L001207
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This well-established business is based on the outskirts of Christchurch. They offer custom and specialised solutions to a large and varied customer base.
Key Strengths of this Business
• Well established & consistently profitable
• Diverse customer base covering multiple industries
• $1m of forward work already confirmed for 2025FY
• Opportunities to add a digital presence and sales energy
• Good reputation for timely delivery and installation
• Superb staff and experienced QS’s on hand for pricing
• Opportunity to become a managed business
• Purpose built premises, with a large family home on the property also available
The Buyer
The majority of pricing is undertaken by experienced Quantity Surveyor’s, therefore the buyer does not need a specific skill set. However an interest in manufacturing and a broad understanding of construction would be beneficial. The retiring husband and wife owner’s roles involve staff planning, general oversight and administration.
The majority of pricing is undertaken by experienced Quantity Surveyor’s, therefore the buyer does not need a specific skill set. However an interest in manufacturing and a broad understanding of construction would be beneficial. The retiring husband and wife owner’s roles involve staff planning, general oversight and administration. Tabak Ltd licensed under REAA 2008
Sale Price: $1,375,000 incl. stock & plant
L001423
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Here is an easy-to-understand service-based business installing product that is supplied by their clients. Product is installed using equipment and vehicles specific to the task at hand. The owner works no more than 0.5 FTE in this business, as they have the support of a part-time contractor.
A significant proportion of the sales are to a small number of clients, with two of these preferred supply arrangements. The clients are reliant on the equipment used by the vendor to undertake this work on their behalf. There are high barriers to entry, and significant competitive advantage enjoyed by this business. There are also opportunities for further growth that have not been explored due to the vendor’s desire to follow a different path into the future.
Business Highlights
• Established over 20 years in Christchurch
• High barriers to entry, and competitive advantage
• Limited owner involvement
• Room for further growth
• Excellent margins
• Low/no staff
• Easy business to understand
The vendor will provide a comprehensive handover period both “on the tools” and to key clients.
Tabak Ltd licensed under REAA 2008
Sale Price $350,000
L001553
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The following attributes make this business very special.
• Sales $3.4m + GST & growing; GP of 50% and 3 x stock turnover
• Long established history; first time on the market in 40+ years
• Modest staff numbers
• Diverse client base with minimal client risk
• Purpose built premises
• Excellent plant & machinery
• Currently run by the full-time working owner
• A competent GM with sound “construction/maintenance” experience could run this business
• Significant market share
• “Rinse & repeat” the manufacturing process to make great profits – day in, day out!
The Buyer
This business will suit a buyer who:
• Already supplies the construction/maintenance sector
• Is seeking market share in a niche territory
• Has relevant management or industry experience
Either complete the simple online NDA by clicking the link below, or call the broker if you initially wish to better understand the nature of the product and market.
L001574
Sale Price $3,995,000
Tabak Limited licensed under REAA 2008
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This is a very well established territory with annual sales circa $1.2m + GST. The business is priced to sell, as the vendor has other plans for next year, albeit the asking price of $95k does not includes the vehicle, signage, or racking. A new vehicle will need to be purchased or leased, whilst a full set of samples will be supplied by the Vendor.
The Buyer
The keys to success with this franchise is people skills and a liking for sales. Most leads are provided by way of franchisor driven advertising, and success is simply leveraged by presenting products & solutions at the clients’ home and closing the sale. A good retail person or customer service person will excel in this role, (and probably more than double their income!!) with all training provided by the franchisor. The only requirement is an empathetic personality and/or simply being “a people person”.
A well-defined territory that includes over 50,000 households and most sales are after-market, A dynamic, proven and trusted franchisor (winners of Readers Digest Most Trusted Brand award), excellent systems and a compelling opportunity are available for the right buyer!
Sale Price $95,000
L001540
Tabak Ltd licensed under REAA 2008
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This business is trading strongly and the current franchisee is simply seeking a change of direction, and there are significant opportunities to grow this business and/or improve margins.
The Harrisons Solar franchise model in Canterbury is now fully mature, with 4 franchisees in Christchurch and 1 in Timaru. The future likelihood is that the only way in with a Harrisons franchise is to purchase an existing territory, which provides opportunity to add real value to your business.
Benefits of Ownership
Flexibility – the franchisee enjoys flexibility around what hours and days they work, so they optimize their lifestyle. Create longer weekends; attend family functions etc. You still work hard – but when you want to……
Hot Leads – no cold calling required although business development is encouraged. Harrisons provide qualified inbound leads i.e. prospects that have invited you to their home to quote and provide solar solutions.
Installation is contracted out, so you do not have to be an electrician – but you do need to understand the principles of solar and the cost-benefit analysis of your offering.
Sale Price: $295,000
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L001518
Tabak Ltd $182,182 EBPITD licensed under REAA 2008
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This Christchurch business has been established for over 50 years and has succeeded through highs, lows and many economic cycles. Business highlights include:
• Sales of $7m + per annum with 5-10% dropping to the bottom line as EBITDA
• High brand equity
• Experienced & loyal staff
• Manufacturing facility
• Multiple suppliers – multiple markets
• High profile showroom in a prominent location
• Consistent forward orders and excellent, identified future project opportunities
• Estimated 70/30 % commercial/retail sales split
• High value of stock & plant (circa $1m)
The Buyer/Seller
Our vendor is heading into “semi-retirement” and ‘gold card’ status. They want to step back from their management & support role, and be free to travel and enjoy a lot more “me time”. Their good health and a passion for their team will ensure an optimal handover period.
First time on the market for 50 years, this iconic Christchurch business is ready for fresh energy and new ideas.
Sale Price $1,600,000 incl. $1m+ stock & plant
$600,000+ EBITDA
L001517
Tabak Ltd licensed under REAA 2008
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The following attributes make this business an appealing acquisition for anyone with an interest in the automotive sector.
Highlights
• Sales of $2m+ GST this FY and increasing
• Multiple income streams (wholesale & retail) across several market niches
• Essential products & services, both now and into the future
• Excellent systems
• Experienced staff & strong team culture
• Sales & Operations Manager in situ
• Stock of $1m and P&E of $100k
• Owner works no more than 30 hours per week, and not in the workshop
• Market leadership within its niche
• Preferred supplier to Capricorn & Auto Shoppe members
• Wide spread of clients with no real customer risk
Buyer/Seller
Our vendor wishes to retire, that is the only reason for sale. The buyer could be:
• An individual wishing to add their management & business development skills to a market leading business
• A trade buyer keen to add circa $800k Gross Profit (after purchases & wages) to their business
This is an exceptionally good value purchase for an outlay of only $200k goodwill/intangibles
Sale Price $1,300,000 incl. stock & plant
L001512
Tabak Ltd licensed under REAA 2008
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Turning over $3.4m (excl. GST) in the 2023FY, this 30 year old business supplies various products to the food industry, both in NZ and overseas. Some product lines are imported and sold, and other products are manufactured in their Christchurch based premises and sold.
Highlights
• High barriers to entry
• Year on year growth
• Large client list
• Great location and lease
• Massive opportunities for growth
• Genuine reason for sale
• Small and experienced team of staff
• High quality machinery
Opportunity
This business has a long track record of success, with Covid having had little impact. There are numerous options for a new and enthusiastic owner to increase the product mix and also target new clients. Solid supplier relationships are in place in several countries throughout the world.
. Implementing a growth and sales strategy would certainly see this business reach new heights.
Stock at cost is currently $740k, with an additional $100k on the way as the business ramps up for the busy season.
This is an exceptional opportunity with a very strong and profitable future ahead! L001515
Sale Price $845,000 plus SAV
Tabaki Ltd licensed REAA 2008
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The business is currently operated by a husband & wife, with several qualified tradespeople and an admin person on staff. Annual sales range from $1.1m to $1.4m + GST with 15-20% falling to the bottom line as “owner income”, and the business enjoys the support of the wider local community. The buyer will require an electrical background as our current owner is “on the tools” for much of his day, with his wife overseeing the office and admin side of the business.
Key Attributes
•• Earnings history consistently in the region of $200-250k EBPITD; YTD profit suggests $250k+ EBPITD this FY
• Stock of $75k and P&E of $100k included in the purchase price
• Showroom & workshop on the main street of a regional town
• Qualified & happy staff
• Perfect for a tradesman electrician who wants a change of scene and a more enjoyable “pace of life”
• L&B available to purchase at circa $450-$500k; or a lease option is available
This business is perfect for a good tradesman wanting to take a step up the value chain and wealth ladder and live a more enjoyable pace of life with a great variety of clients and jobs! L001419
Sale Price $465,000
$250,000+ EBPITD projected
Tabak Ltd licensed under REAA 2008
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The Business
This business subcontracts to commercial & residential builders, developers and building/property owners. The business model is very simple, with the owner essentially project managing all clients, and utilising contractors who are on site and “on the tools” delivering the promised outcomes.
Key Attributes
• $7m+ pipeline of formal quotes and 2-3 months confirmed forward work
• One working owner and one staff member run the business
• The current owner works circa 25-30 hours per week
• Excellent systems & clever use of technology to enable the remote management of the business
• Home office ensures low overheads
• Consistent profits to a working owner of circa $230-250k annually
• Excellent contractor relationships
Buyer Attributes
This business will suit a competent & capable Project Manager, particularly if they have had exposure to or an understanding of the construction sector. The ability to quote from plans and comfort within a “measure & quote” environment is key, whilst QS experience would be a bonus – but is certainly not essential.
This business offers an ideal opportunity for a salaried or waged employee to enter the realm of business ownership and penjoy the significant benefits (both time and financial rewards) arising.
Sale Price $475,000
LOO1490
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On track to generate over $1m + GST in sales this financial year, this business has successfully operated in its Christchurch location for over 16 years. The business has a reputation for providing excellent service and workmanship in all facets of vehicle repairs and maintenance. The vast majority of business comes from a large mix of commercial clients.
Highlights
• Continuous profitable growth
• Excellent margins
• Great local reputation
• Strong list of key clients
• Skilled team of automotive technicians
• Excellent CBD outskirts location
Opportunity
This business has been steadily growing year on year. To manage the growing demand an ideal opportunity is to open the workshop on Saturday mornings to accommodate (Currently Monday-Friday only), and also employ additional mechanics to meet this growing demand from commercial customers.
This would be an ideal acquisition for an existing automotive workshop, or alternately this is an excellent stepping stone for a qualified mechanic who wishes to make the move into business ownership. The Vendor is available for an extended handover if required.
This is an exceptional opportunity showing continued sales & profit growth into the 2024FY
Sale Price $625,000
L001494
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This business has a 25+ year history of selling products, accessories & consumables, plus service and monitoring work that provides an excellent ROI. The business imports and sells its own-branded products, and operates from a showroom in Christchurch, albeit sales are made nationwide. The products are a mix of home improvement/lifestyle purchases, relevant accessories and consumables and after-market service & monitoring revenue which is growing. With EBPITD returns consistently in the mid 20%’s of sales, this business has never failed to perform, through the GFC, EQ’s and Covid!
Summary of Strengths
• Extremely consistent and profitable
• Good value of stock (600k)
• Relatively modest overheads
• Consistent margins (50%+)
• Multi-client; multi-market
• Good lease in established location
• Exclusive and “own” brands
• Reliable & valued suppliers
• Wide variety of clients with excellent “after-market” sales & service offerings
• Very limited risk
This business has provided far better returns than “money in the bank” for many years now, and is worth a close look for any buyers who have access to the appropriate funding.
A buyer with a sound understanding of digital marketing and social media would absolutely excel, given the established client base of several thousand, who can be leveraged for product upgrades and/or regular servicing & consumable sales
Sale Price $1,550,000 including $600k of stock
L001488
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This is a well-established and quality business model, offering a product to both the new build and renovation market. Leads are generated within the territory and dealer website and by the product manufacturer via their website. The dealer organises a site visit and does a measure up, with a quote to follow. Once the quote is accepted a deposit is paid, the product is ordered from the manufacturer and the installation is completed.
The current owner both sells and installs, albeit a new owner seeking growth could potentially outsource the installs to devote more time to selling.
Business Strengths:
• Strong growth and profitability since inception
• A good understanding of the “measure & quote’ environment is essential
• Simple and effective business model
• Design & product specification run nationally by head office
• Currently one man band – work your own hours
• No licensing fees
The business is in a perfect position for the current owner to take on staff and grow. Louvo has relationships with some of the largest builders and developers in the region
Sale Price $295,000
L001447
Tabak Ltd licensed under REAA 2008
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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.
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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)
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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)
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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.
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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)
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