Each month we feature a selection of our businesses.
| Sales/Service/Installation Price: $235,000 Location: Central North Island Ref #:091111 |
|
Net Surplus: $117,068 EBPITD Licensed Distributor Opportunity An exciting opportunity exists to own a business offering unique services to a niche market within the Taupo, Central Plateau region. This business operates under an exclusive distribution license agreement, backed by an experienced manufacturer. The current owners have added a number of complementary products giving the business multiple income streams. A new owner can readily build on the foundations that are in place. The business enjoys the profile and support of a nationally recognised brand arguably the leader in its particular industry and has exclusive rights to distribute in its area. It receives excellent levels of support in relation to product supply lines, marketing, systems and technology. The business has posted solid results over the past three years, in what have been tough economic times; the profits have grown year on year. The addition of complementary products has ensured a good foundation plus the opportunity to grow the regular contracted maintenance side of the business gives an owner every chance to succeed. The business is involved in the residential, commercial and industrial building trade and would suit a person from the trade or a particular person who is keen to learn. The owner will assist in training and is offering a suitable handover period. |
| Franchised Motor Vehicle & Marine Dealership Price: $485,000 + Stock Location: Bay of Plenty Ref #:241111 |
|
Net Surplus: $207,000 EBPITD (Y/E March 2011) Iconic Business - First Time on Market for 26 Years This business is being presented to the market for the first time in 26 years. It provides a diverse range of services and enjoys a high brand profile in its market and location. Benefits of the business:
Due to the vehicle importation laws being introduced next year there will be a limit on the number of Japanese imported cars in the market place. This will strengthen the desirability for new vehicle franchise dealerships such as this business. The business is located in the Bay of Plenty which is a major service town for the surrounding farming, marine and horticultural industries. This provides an opportunity for this business to dominate its local market and competitors. The plus stock figure includes the automotive and marine parts and accessories, and workshop oils and fluids. It does not include the motor vehicle stock, boats or outboards. The motor vehicle stock is currently funded by a Floor Plan facility and details would be provided in the Information Memorandum. The business currently operates with a staff of 13 including the owner. The staff are a mixture of experienced and youth which provides for a good staff culture. The owner has enjoyed the business but is assured that the solid platform he has established will benefit a new owner with enthusiasm and energy. The owner will provide an extended handover period if required to ensure a smooth transition. |
| Established IT Provider Price: $545,000 Location: Bay of Plenty Ref #:161211 |
|
Net Surplus: $250,215 EBPITD (Average last 2 years) Sales - Installation - Service This business was started 15 years ago and has grown and strengthened its dominance as a regional provider of computer hardware and services. It is a service centre for two major brands and has established systems and processes in place. The business has strong alliances and contracts in place with leading market providers to protect and improve its future maintainable earnings. There are untapped markets that are currently opening up opportunities with no significant investment required in the immediate term. The business operates from purpose built premises, which is professional, well presented, and in a good location easily accessible from a main arterial route. There is ample parking for both customers and staff and there is room for expansion if required. The vendors have entered into a 12-month lease only, with a right of renewal, so that there is flexibility should the new owner decide to relocate the business or renew the lease for a longer period. The business carries a comprehensive range of stock for walk in sales but all large deliveries are purchased on a just in time basis. There is low capital requirements for stock as all stock is payable on the 20th of the following month. The owners realise that employees are a vaulable component of their business and treat them accordingly, which ensures loyalty to the business. They have created a staff culture that engages its employees and provides an environment for them to strive to achieve excellence. The business certifies its entire staff on the products they sell and service and encourages training development. There are very good training systems in place, which helps to ensure that staff can be easily replaced if required. The strong relationships that the business and staff have built with customers with excellence in product and service equates to the low turnover of staff and key customers. The owner is responsible for setting strategic direction and building the business brand in the market place. He has no involvement with the technical day-to-day operartions with regards to the service centre and has no technical skills. One of the important roles for the owner is managing customer relations. |
| Auto Services Price: $190,000 Location: Bay of Plenty Ref #:171211 |
|
Net Surplus: $76,185 EBPITD Mount Maunganui This business which has been operating since 1978 is an established provider of second hand parts for some Japanese car makes. It will tick the boxes for a lot of purchasers:
This business is simplistic in its operation and would suit someone with a hands on attitude and mechanical aptitude. The current owner is available to assist a purchaser for an extended period if required. |
| Financial Services Price: $1,270,112 Location: North Shore Ref #:181111 |
|
Net Surplus: $230,452 EBPITD Financial Services - North Shore - Auckland This well established business specialise in providing short and medium term funding. In particular, they focus on:
Business Highlights:
A real opportunity exists to grow the business - both in terms of size and profitability. These opportunities include:
The business is currently self funded. As such, it should appeal to prospective purchases that have the available capital to fund the existing loan book and to allow for growth. Loans on call are approximately $1,260,000. There is an established platform ready for a new and enthusiastic owner to take over and drive the business forward. |
| Kolektiv - Ultimate Lifestyle Business Price: $250,000 Location: Auckland Ref #:190511 |
|
Net Surplus: $92,000 EBPITD Big Day Out; Rhythm & Vines... www.kolektiv.co.nz Kolektiv is a clothing and accessories retail business that travels around the country selling its wares at all the largest Festivals, Events, Exhibitions, markets and fairs New Zealand has to offer. Over the past 15 years Kolektiv has developed an extremely effective, efficient and professional self-sufficient set-up complete with marquee and merchandising display systems. During this time Kolektiv has developed loyal relationships with most of the events, establishing prime site locations, and has tested the best profiles to be positioned for successful trading. Many connections have also been established with foreign suppliers. This network has given Kolektiv access to a huge range of products from handicrafts to high-end fashion garmets and accessories in India, Nepal, Thailand, Indonesia and China. After discovering the very successful trading pattern of funky designer T-shirts Kolektiv invested in screen-printing equipment and commenced printing its own range also. Kolektiv offers a number of key attributes that make it an attractive acquisition to prospective purchasers. Key investment features include:
Two customer types are festivals - top sites at best festivals - and pop-up stores. In addition to these there are web-customers. While sales are coming from the web there is room for substantial growth. For example it is estimated that the main competitor takes in excess of $1 million in sales from the web. Wholesale is also a strong area for sales, with Kolektiv ranked top for promotions of hoodies and tees on internet promotional sites. The owners have managed the business themselves and believe, in the short term at least, only two people are needed to run it. The assets for sales with the business include:
|
| Master Franchise Price: 2 Options: $450k or $750k Location: Auckland Ref #:200511 |
|
Net Surplus: Established & Profitable - Auckland & Hamilton Our client is offering a rare opportunity for an entrepreneurial person to secure the Auckland Master Franchise rights for ths dynamic franchise system. The territory is already developed, but still has significant scope for growth. There are currently nine operating sites - three of which has franchisees and six of which are owned and managed by the National Master Franchisor. Role of the Auckland Master Francshisor Master Franchise Territory Development: Continuously monitor the Territory, examine and if feasible develop sites and identify, conduct diligence with and secure new Franchisees. PURCHASE OPPORTUNITIES Option 2 - $750,000: "Full-time option". Purchase of Master Franchise and all Non-Franchised Sites. Under this option the purchaser buys the Master Franchise Region and also all of the existing non-franchised sites currently owned and operated by the National Master Franchisor. The Master Franchisee then holds all operating responsibility and ownership of these sites within their region. A real opportunity exists to develop and sell the non-franchised sites and recover part of the original investment. |
| Cornerstone Shareholding Opportunity - Investment Update Price: $4,000,000 Location: Auckland Ref #:310511-2 |
|
Net Surplus: Innovative B2B Solution - Investment Update There has been significant interest in this project and we have subsequently identified a prospective Cornerstone Shareholder. This investor already operates within the financial services sector and it is expected that there will be significant synergies between the two operations. These synergies will especially relate to the technology aspect of the business. Identification of this prospective shareholder has resulted in a review of the offer. This should appeal to those seeking a smaller stake now - with an option to increase shareholding over the next three years. The Original Offering The company is looking for a cornerstone shareholder to take a significant shareholding. It is offering 4,000,000 convertible preference shares at a price of $1.00 per share paying an interest yield of 7% per annum. Over 90% of the capital subscribed is in the form of working capital. At the end of three years each preference share will convert to one ordinary share. A subscriber taking the whole issue would then hold 60% of the company. The Revised Offering The prospective shareholder has opted to not subscribe to the full offering. As such, there are two additional parcels of shares available. Each of these parcels is valued at $500,000. Preference will be given to a Cornerstone Shareholder that opts to subscribe to the full offering. This could be satisfied with either $4,000,000 investment. Or, by way of $2,000,000 equity investment and a $2,000,000 security facility. Shareholding will be addressed on a case-by-case basis. This opportunity is being offered to you by Tabak, on behalf of TBK Capital Limited. A detailed Information Memorandum is available on signing a confidentiality agreement. The offer is open only to "Eligible Persons" as defined in the Securities Act. |
| Ground Breaking Technology Price: Shareholding Opportunity Location: Auckland Ref #:310711 |
|
Net Surplus: Non-Toxic Antibacterial Protection An established New Zealand based business has re-engineered a technology developed for the U.S. Navy for use in submarines, to an international business that provides anti-bacterial, anti-viral, anti-fungal and anti-algal protection for commercial, industrial, and consumer applications. These include surface sanitisation; hand protection; water treatment; hospitality - including hotels, cafes and bars; health - including hospitals, doctor and dental surgeries; and textile applications - including military and medical uniforms, undergarments and sportswear. Its products are contract manufactured in the United States and shipped to distributors and customers in over 42 countries around the globe - with more in process. The ground breaking technology includes the length of time it remains active and the non-toxic way in which it operates. The manufacturing facility has FDA and EPA accreditation. The production capacity can readily be increased on demand. The IP and trade secrets are owned by the Company. All claims to product performance are supported by test results from internationally certified laboratories with GLP certification in many different countries. It has already signed 18 distribution agreements and sells to - or is testing applications for - a range of multinational companies including Coca Cola, Cadbury Schweppes, Alto Packaging, Bayer, LG Electronics, Sara Lee and Air New Zealand. The Company has commenced business and is profitable. The projected earnings for the year ending 31 March 2012 - based on existing agreements in place - show sales of $7 million and a net profit before interest and tax of $2.6 million. The projected sales and profit for the year ending 31 March 2013 are $14 million and $16 million respectively. The Company has entered into a JV arrangement with a large Infomercial/Direct Marketing company in the U.S. This is expected to add between $130 million and $300 million in annual revenues once up and running. These earnings are not included in the above projections. The Company is seeking a shareholder to take a significant shareholding and provide a security guarantee for a working capital facility if revenue growth requires it. It is raising $3,500,000 by the issue of ordinary shares which will give the new shareholder 30% of the Company. This share of the company includes recognition of the security guarantee. The capital raised wil be used to fund the Company's expansion and retire all debt. This is sufficient to cover all working capital requirements for budgeted revenues. The facility contemplated to meet welcome unexpected working capital requirements is $2 million. This will only be needed if the Company's expansion warrants it. This opportunity is being offered to you by Tabak, on behalf of TBK Capital Limited. A detailed Information Memorandum is available on signing a Confidentiality Agreement. The offer is open only to "Eligible Persons" as defined in the Securities Act. All expressions of interest in participating in the share issue and the security guarantee will be considered. |
| Merino & Organic Cotton Price: Shareholding Opportunity Location: Auckland Ref #:110811 |
|
Net Surplus: International Focus The following is an opportunity to secure a strategic shareholding in an established New Zealand business - specialising in Merino and Organic Cotton product ranges. The business has just been through a period of rationalisation and restructuring - focusing on pricing, operational and distribution. A key focus has been on product quality while establishing a profitable business model. Capital raised will be for:
Highlights:
The Opportunity:
The majority of the proceeds from the share purchase will be utilised within the business and will be assigned to growth strategies and stock. Investors have the options to take an active, day-to-day, role within the business - or, opt to have a more passive involvement. Purchase Price: $500,000 Application of Funds: Stock: $250,000 * This investment could be phased in. |
| NZ Master License & Operating Territory Price: $475,000 Location: Auckland Ref #:120811 |
|
Net Surplus: $204,000 EBPITD Nationwide Focus - Auckland Based An opportunity exists to buy two businesses in a single purchase. This will allow the purchaser to be in control on the New Zealand supply chain, while profiting from the product's application. The businesses can be defined as - Business 1: A benefit of this licence (to licensees) is that it could quite easily fit in with an existing business - allowing the licensee to diversify their income streams. Thus, the potential market is quite significant. Business 2: These two businesses currently have common shareholders. However, it makes financial sense to combine these into a single entity - as the Management and Administration can easily be rationalised. As such, this business may appeal to a couple - seeking an opportunity. |
| Unique Service Business Price: $1,969,000 Location: Auckland Ref #:101110-2 |
|
Net Surplus: $555,146 EBITDA Fully Managed
Established in 2004, this business is unique and is the largest operator of its kind in the New Zealand market. There are significant growth opportunities within the busines base with opportunities to grow outside the geographic area presently serviced. There is an enormous potential for growth particularly into other main centres throughout New Zealand and possibly Australia. The company operates a full complement of plant and equipment needed for the operation. These tangible assets have a book value of over 40% of the asking price; however, their market value would be close to twice this amount. This business will ideally suit a purchaser who is looking for a fully operational managed business. The current owners are involved in the business from a strategic and governance perspective only. The business could ideally be attached to an existing operation where many cost savings could be achieved. |
| Installation & Service Price: $969,000 Location: Auckland Ref #:160911-1 |
|
Net Surplus: $415,398 EBPITD Requires management and administration skills
This business has been operating since 2005 and installs and services a product for one of New Zealand's most recognised brands on a contract basis. Due to the on going improvements in technology there is a constant need for servicing and upgrading which provides a surety of future work. The business operates with two working owners plus four staff, two full time lead technicians and 16 self employed technicians on a contract basis to undertake the domestic and commercial installations. The well known brand behind this business has a monopoly within New Zealand and provides details when an installation or servicing is required. This is a well systemised and proven business which requires an owner or owners with good people management and administration skills to continue the current successful operation. This business has performed extremely well during the last two years with minimal effects from the global recession. Due to the constant updating of technology in this industry the outlook for this business is strong and positive. Secure monthly payments from the corporate supplier provides for a good cashflow and technicians are paid on a contract basis minimising risk. There are growth opportunities with its main supplier plus opportunities to offer new services and products. Profit can be increased with the introduction of a new administration system which should reduce some administration costs. |
| Import & Distribution Price: $1,293,636 Location: Auckland Ref #:201211 |
|
Net Surplus: $403,409 EBPIT Market Leader - Commercial Telephony Products Since its inception, this market leading business has focussed on product delivery and service in the commercial telephony market. As a result, it has created a strong foodbank and today proudly supplies over 500 New Zealand businesses - including three of four major banks. This business benefits from changes in technology - as they provide "upgrades" to match the changes. Even though it is a technical industry - there is no major requirement for a prospective purchaser to come from this sector. Rather, the business will continue to benefit from market development (leveraging existing client base), vertical integration and new product lines. Supply agreements are in place with major providers - some including full technical support. There are three key attributes that should appeal to prospective purchasers:
Our client currently operates in a relatively narrow field - within a highly dynamic sector. There is thus a real opportunity for growth via new products or vertical integration. With multiple product lines and sources of income, this business is in a very strong cashflow position. The owners have done an exceptional job in building this business over the last six years and are now ready to hand it over. Their view is that they have created an excellent platform for growth for new owners - whether they use the business as the core of their enterprise or whether they add it onto an existing operation. The owners are willing to offer a generous hand over period to make sure any new purchaser has every chance of success. A further extension on a contract basis may also be available. |
| Service Industry Price: $150,000 Location: Hamilton Ref #:020611-1 |
|
Net Surplus: $104,961 EBPITD (forecast) Update! - Owners Motivated to Sell - Service Industry
Further develop the client base and/or target the commercial sector, within which this business currently only enjoys a modest market share. There has been limited marketing initiatives persued to date but the recent addition of a website has shown positive results which bodes well for new owners. A small but effective team all contribute to the successful running of the operation. Their commitment and loyalty to the business and what it stands for is unquestionable. This business would suit a husband and wife team with a passion for delivering good service and the ability to organise a small team of staff. A focus on customer needs is paramount and will ensure this business will stand out from the rest. The current owners are looking to divest their time and energies from this business and concentrate on their other businesses but will still be contactable. This will allow new owners to drive the business forward with the knowledge that the current owners are available for support after a generous handover period. |
| Sales - Industrial/Trade Price: $255,000 Location: Hamilton Ref #:201011 |
|
Net Surplus: $113,344 EBPITD Highlights:
Established over 20 years ago, this business is a totally independent supplier to its industry which allows them the flexibility to meet their clients needs quickly and efficiently giving them a good point of difference from competitors. Over 80% of the business purchase price is made up of stock and plant and equipment making this a low risk opportunity. The business owner is backed by a qualified staff member who has been with the company for many years. The owner believes his ability and loyalty is without question. The business has a broad range of customers, from the one off casual cash buyer to a range of regular account holders. The business also directly supplies many factories and industrial companies. This business would suit a person with good sales and marketing skils, an added advantage would be experience in the electrical industry or an electrical qualification. |
| Manufacturing, Sales & Distribution Price: $230,000 Location: Waikato Ref #:050711 |
|
Net Surplus: $27,099 EBPITD (last 12 mths), $116,150 (projected with full time focus)
This easy to understand business is the only commercial operation of its kind in the greater Waikato. The manufacturing process is straight forward and can be completed by the owner without the expense of staff. The plant has the capacity to generate approximately four times the product without the need of any capital expenditure. This business is well positioned within a high growth sector, manufacturing and supplying a consumable product to a wide range of customers. The owners currently spend no more than 20 hours per week in the business and have no time to follow up on the numerous leads that come their way. This business has shown year on year growth and is currently 18% up this financial year on the same period last year. It is returning modest profits even after its recent relocation to a purpose built/renovated building. The purchase price is made up of plant worth approximately $180,000 which mitigates a large amount of risk. This business is solidly positioned for a new owner who has the drive and vision to take this busines to the next level. With the owners commitment to three other businesses they have not had the time to devote to this opportunity. The business is better than any start up and has a good client base but requires the dedicated focus of a new owner to build on the foundations. |
| Design Manufacture & Installation - Recereational Industry Price: $380,000 Location: Waikato Ref #:120811-1 |
|
Net Surplus: $166,000 EBPITD Waikato based, but could operate from any NZ location Highlights:
This well established business design manufactures and supplies recreational products to a targeted cliental in the local government and education sector. This business has great systems in place and has clearly positioned its brand as a market leader in its industry. There are significant growth opportunities with this business, some of this growth will come with new ownership giving the business a better focus. Further growth can be obtained through focusing on new product lines. This business would suit a husband and wife team or someone with an existing business that is looking at new revenue streams (this business can operate from any location within NZ). Even though this is a manufacturing business the ideal owner would be someone with a sales and marketing background with an ability to learn about a new product. |
| Motorcycle Dealership Price: $210,000 Location: Waikato Ref #:111011 |
|
Net Surplus: $93,940 EBPITD Internationally Recognised Brand Servicing Waikato's Growing Rural Sector This well established business represents one of the leading motorcycle brands within the New Zealand market and is a household name within its respective region. It boasts a diverse range of income streams that compliment the core business making it a true one stop shop for products and associated services. The profitability of the business is enhanced by the income streams from the associated services. Some of these income streams have been recently established and are showing accelerating growth with little promotion. The current owner has recently upgraded the business with efficient and time saving computer based systems. The well trained and experienced staff operates in an outstanding team environment. The current owner has completed upgrading the systems and processes of this business to maximise future profitability. He is now in the position of having to sell the business for family reasons, before he has had the opportunity to enjoy the benefits of his investment. |
| Commercial Building Investment Price: 1/3 Share - $390,000 - 7.26% return Location: Tauranga Ref #:310510 |
|
Net Surplus: Opportunity - Whangamata Opportunity This
is an opportunity to purchase an investment in a commercial building situated
in the very popular beach resort town of Whangamata on the Coromandel
Peninsula.
Softy’s
Sports Bar is a popular sports bar, bistro, TAB and gambling machine outlet. The current tenants have substantially upgraded the inside of the property and added new furnishings and plant in the premises. Lease Commmencement Date: 24th April 2007 Term: 18 years 1 month Final Expiry Date: 24th May 2025 Rent Reviews: 2 yearly from 24th May 2007 Proportion of Outgoings: 100% paid by Tenant Land Area: 870 square metres Current Rent: $85,000.
|
| Machinery Agency - Sales/Service/Parts Price: $1,100,000 Location: Tauranga Ref #:040811-1 |
|
Net Surplus: $487,115 EBPITD (03/11) This business refurbishes, services and sells parts for heavy machinery with a strong emphasis on one of the major industries in New Zealand. The business has been appointed the sales and service agent for the mid North Island for one of the world leading brands and also holds agencies for other well known brands servicing this sector. The industry is entering a phase of confirmed growth with strong demand from overseas for this product. This business is well positioned to benefit from this demand and is currently increasing its premises to cater for the expected boost in sales. The company policy has been to increase staff members as required and justified or where a specialist in a certain field becomes available. The current staff structure is a good mix of experience and youth and provides an opportunity to undertake training while maintaining the staff standards and culture of the business. The business currently employs 11 staff with all areas covered by an experienced staff member. The business is located in the central North Island and as the premises are being extended a new owner will have the benefit of refurbished and expanded premises as they will be completed by September 2011. The business currently has $1.2m of forward work and the turnover and profit for the first quarter to 30 June 2011 has exceeded last years performance. The vendor currently undertakes a managerial, sales and technical advice role within the company. The vendor has advised that he has a potential replacement should a new owner not have the technical experience. The crucial role for a new owner is managerial and customer relationship building. |
| Sports Goods Retailer Price: $140,000 ($100k stock, $40k chattels) Location: Tauranga Ref #:011111 |
|
Net Surplus: Offering Top Brands - Bay of Plenty For the sportsman/woman or those that enjoy the outdoors. This retail business is an ideal fit that has been operating for five years and is a member of a well known sporting goods buying group. The range of stock is extensive and covers from fishing tackle and kayaks through to shooting and sports wear. Due to a change in circumstances the vendor is prepared to be realistic and the business is priced to meet the market. This provides an opportunity to purchase a business for tangible value only and reap the rewards of the coming busy summer months and the long term viability of this business. This is an owner operated business with the owner working a five day week. He is supported by four part time staff so that he is able to enjoy the benefits of living by the beach. Located in a modern suburban shopping centre in a fast growing area. There is no close competition, good parking and a great "at the beach" feeling. The vendor has another career direction opportunity and requires the business to be sold. The vendor is happy to fully support the purchaser with an extended period of assistance. |
| Wholesale Plant Nursery Price: $1,895,000 (incl L&B $1,220,000) Location: Tauranga Ref #:020212 |
|
Net Surplus: $277,910 EBPITD (YE July 2011) Operationally Managed A chance to own a successful lifestyle business which includes a lovely home and grounds as well as a very good income. This solid business has a strong market position achieved through a consistent supply of quality products. The customers vary from many of New Zealand's large, high profile retailers' right through to small independents. The range of plants supplied includes some licensed varieties which are unique in New Zealand and gives this business a point of difference from its competitors. New varieties are always being investigated to add to the growth. There is an Operational Manager supported by a full team of staff who enjoy their jobs and see to the many daily tasks and technical aspects of this business. This is an ideal opportunity to live and work in a beautiful environment surrounded by nature. The business is on the outskirts of Tauranga on a block of land which includes a lovely four bedroom home which is separate from the nursery and work areas. It is all beautifully maintained and laid out to maximise the existing land, with more land available on site to be developed in the future to capitalise on growth. There is an organisational structure in place with a Nursery Manager then Divisional Managers reporting back to him. There are 18 staff in total which includes fulltime and seasonal. The current owner has surrounded himself with good technical people and qualified staff as he has grown the business, this is what enables him to have a hands off approach and work more as a lifestyle. The business has a good system in place for forward orders as well as part-time sales rep on the road. New varieties are currently in production which will see and increase in sales. This business has had steady growth year on year even through the recession which is testimony to its strong foundations and forward thinking. |
| Machinery Hire, Sales & Service Price: $1,550,000 Location: Tauranga Ref #:030212 |
|
Net Surplus: $661,119 EBPITD (YE March 2011) This business has carved itself a market niche in the sales, hire and service of small to medium, heavy machinery. Sales comprise of new and used machinery and several exclusive brands are supplied. Hire is primarily long term lease along with short term rentals to a variety of industries. This is good passive income on a regular basis which eases cashflow. Mechanical repairs and service back up the sales and hire as well as to other clients who own their own machinery but still require repairs and servicing. The business was established in 1993 and over the last few years the focus has moved to the long term hire and service aspect. The hire fleet has doubled in size in the last five years to cater to demand with older machines sold off through the sales division. The business is in a high profile location in a Tauranga industrial area and also has the ability to do some mobile on site repairs when required. The geographical coverage is currently from Coromandel to Opotiki and into Eastern Waikato which opens the possibility of expansion to other areas. There is a small staff of six which includes a Workshop Manager for the technical side and Salesman for the machinery sales aspect. The owner's role is the overseeing of the operation and the trading and growth of hire and new machines. The business has shown strong financial performance even over the last few years. There has been a shift in the business focus as new machinery sales dropped away because of the recession but this has stimulated growth in other areas of the business and improved the profit with better margins. |
| Specialist Automotive Price: $250,000 Location: Hawkes Bay Ref #:191211 |
|
Net Surplus: $142,651 EBPITD Waipukurau Muffler & Radiator Services Limited (MRS) has been servicing the local region for over 30 years. They provide specialist services to the local and surrounding (farming) community. They are the only specialist Muffler and Radiator repairer within the immediate area. The nearest competition for their main services is Hastings or Napier. MRS is a full vehicle repair shop and undertakes various services for their loyal client base. They have specialist equipment for bending exhaust pipes together with plasma cutting equipment and mig welder specifically for the purposes of the light engineering work undertaken. This business has a caputred audience simply by being the only supplier of mufflers and radiators in their immediate area. This ensures a constant steady stream of business and cash flow. Many local service repair shops refer business to MRS. Waipukurau is located on State Highway 2 some 53km south of Hastings which is approximately a 45 minute drive. MRS is primarily focused on the muffler and radiator market servicing private vehicle owners, farmers, commercial customers such as other local garage customers and local business vehicles. A large majority of business are either previous customers or customer referrals which demonstrates the strength of the MRS brand and its position in the local market. The working owner spends about four hours per day "chargable" on the tools with the rest of his time dealing with Customers, Phones and Suppliers. The business also employs two other mechanics + a part time administration/accounts person. The owner has been in the business for a number of years now and is looking to work from home focusing on building Racecars / Stockcars which he currently does in his spare time from home. |
| Earth Moving Contracting Business Price: $2,900,000 (Includes plant value of $1,700,000) Location: Wellington Ref #:231209 |
|
Net Surplus: $635,000 (Average over 5 years) EBIT Major Player in the Region Considerable upside for a purchaser This business has been a leader and has an enviable
reputation in its field for over 30 years. They provide earthmoving and general
contracting services to a range of clients from private individuals, commercial
developers and city and regional councils. They have been involved in some of
the regions high profile work and have a very strong reputation for delivery of
complex large scale contracts on time and within budget. They have a tremendous
array of specialized equipment which is well maintained and in good condition.
Their reputation coupled with their size and scale provides them with a
competitive advantage in the industry. The business performs earthmoving and general contracting work to a range of
customers from Regional and Local councils, to engineering firms to private developers.
The majority of their work is obtained through tender. Their scale, track
record and reputation assists with winning this tender work as well as putting
them in a position to obtain work outside the tender process. The business also
has a number of contracts for work required on a regular periodic basis. The 2009 financial year has been a difficult year for the contracting industry.
The business has a strong pipeline of committed and tendered work for the
remainder of the year and signs are positive for future work in the industry
with a number of large scale projects planned. The business employs 19 staff
and 1 working owner. The majority of the staff have been with the business for
a long time. The business maintains a modern fleet of earthmoving plant and
equipment which provides capacity for large scale projects. The current market
value of this plant and equipment is estimated at $1,700,000. As part of the
sale process the plant and equipment will be valued and an agreed price
negotiated. Asset Market Value $1,700,000 to be determined under
due diligence Intangible value $1,200,000 Total Sale Price $2,900,000
The owner is nearing the age of retirement and looking to exit the business.
After a suitable handover period the owner is open to working on a consultancy
basis to assist the new owner in pricing and tendering for work on a part time
basis if required. |
| Exceptional Lifestyle Property Price: $2,000,000 Location: Wellington Ref #:290310 |
|
Net Surplus: Cash Surplus: $180,000 estimated for 2011 financial year. EBPITD Business Income Stream -Significant Growth Potential
This
is an opportunity for someone to purchase an exceptional property with an
income stream that has tremendous potential for growth. The property has
accommodation for 186 people and is currently only running at 8% occupancy.
Over the past few years the current owners have invested in significantly
upgrading the property and accommodation. During this time limited marketing of
the facilities has been undertaken and the occupancy rates are very low for a
property of this nature and quality. There is an opportunity for a new owner to
ramp up the marketing of the facility and substantially increase the occupancy
rates and the net income of the facility. There
are a number of options for realising additional value over and above the
purchase price with this property. For example:
Set
amongst native bush with breath-taking views of the majestic river valley and
its towering bush clad hills, this is indeed one of Wellington's best kept
secrets. It comprises 3.3 hectares of beautiful riverside terraces. The camp
and accommodation facilities are substantial and over recent years in excess of
$700,000 has been spent renovating 5 luxury suites, two cottages and the main
halls and other facilities. The
facility can cater for weddings, large group functions, work conferences,
school and church camps, and for sport and recreational groups. The uniqueness
of this property and facilities in the Wellington region will present an owner
with significant opportunity for a great lifestyle business with significant
growth potential. Land and buildings are valued at $1,900,000. The business is estimated to
return a cash surplus to the owner of approximately $180,000 for the 2011
financial year. |
| Investment Opportunity - Software as a Service Price: $250,000 Location: Wellington Ref #:210410 |
|
Net Surplus: Growth Funding Required
This
is an opportunity to invest in an existing software business that requires
funding for growth. The software is focused on sports club’s member
registration, management and communications. It is already in the market and
has a number of customers throughout New Zealand. Additional funding is
required to market the software in New Zealand and Internationally as well as
investing in enhancing the product. In
addition to the funds the current owner is looking for a business partner who
has the capability to contribute to the growth. |
| Home Improvement Experts Price: $285,000 Location: Wellington Ref #:111110 |
|
Net Surplus: $143,162 EBPITD Established Franchise Brand - Owner Retiring after 20 Years This established Franchise business has been servicing the Wellington housing market for 20 years. It has a very strong well recognised brand and supplies a diverse range of quality home improvement products. This business operates under a franchise agreement and covers the greater Wellington region including Wairarapa, Kapiti and Horowhenua. Underlying strengths include...
This business is primarily focused on the residential housing market servicing private home owners, builders and developers. Commercial customers include retirement villages, apartments, hotels and government departments. Approximately 80% of sales are from either previous customers or customer referrals which demonstrates the strength of the brand and it's position on the region. Retail customers pay 50% deposit on placement of their order with the balance payable on completion of installation. This provides significant cashflow benefits. The owner has run this business for the past 20 years. The business would suit someone with new energy, management and business development skills to maintain and grow the business beyond its current customer base. The business operates with four full time staff, one part time administrator plus one working owner. Turnover is circa $1.1m. The three year average EBPITD between 2007-2009 was $126,710. The 2010 financial performance was impacted by a number of factors including downturn in the general economy, increased costs shifting the business to its current new premises and a decline in GP. 2011 financial performance has seen a positive return to previous levels. Sales are up. GP is up. The new premises have had a positive impact. This is reflected in the 2011 EBPITD of $143,162. There is a very strong brand and platform ready for a new enthusiastic owner to take over and drive the business forward. |
| French Restaurant Price: $335,000 Location: Wellington Ref #:171110-3 |
|
Net Surplus: $149,000 EBPITD (09/10) One of NZ's Best French Restaurants - High Profile Location - Fully Managed Business This Wellington business is arguably one of the best known French Restaurants in New Zealand. It has received numerous reviews from some of the industry's best known food critics and has obtained some very positive exposure both in New Zealand and abroad. This business would suit someone with an industry background looking to establish their own business or someone wanting to purchase a very desirable and fully managed restaurant. The key attributes of this business are:
There is a full management team in place including kitchen and front-of-house staff and a secure lease to 2016. This business has a wide appeal to a diverse customer base; it is family friendly and is located close to many theatres and entertainment venues which are attracting a growing number of tourists and visitors to the City. While its high profile location gives this business ample street exposure there are an increasing number of customers attached to this restaurant from the various reviews in newspapers and various industry publications. This business began trading in 2007 with two working owners providing lunch and dinner six days a week. They have recently invested in a staff and management team which has now given the restaurant greater capacity. A new owner could extend the opening hours and continue to promote this business across a variety of key sectors, such as tourism and entertainment, which have proven to be important channels for new customers. This business has performed exceptionally well during the economic recession. It has experienced growth in sales and profitability and is continuing to attract an ever increasing group of repeat customers. It generated net profits of $123,000 and $175,000 for the 2009 and 2010 financial years with recent data for the four months to July 2010 show this trend continuing. |
| One of NZ's Best Restaurants Price: $370,000 (for 30% shareholding) Location: Wellington Ref #:180211-1 |
|
Net Surplus: $120,000 EBIT (30% of EBIT 2010) Part Share Available - Passive Investment - 32% Return on Investment This is an opportunity to purchase a part share in one of New Zealand's top restaurants. It has a nationally recognised brand, and it truly at the top of its game. This multi award winning restaurant has an iconic brand in the Wellington region and is well renowned nationally. The financial performance of the business is exceptional and even in the difficult economic environment of the 09/10 financial year for most businesses this restaurant has continued to grow income and profit. While the strength of the brand is exceptional, the team and the systems in place to maintain the performance of the business are also first class. The restaurant continues to out perform industry benchmarks in all areas as well as winning coveted awards for its food. The business is professionally run with appropriate structures and staff in place to continue its exceptional performance. One of the owners is looking to sell their 30% share in the business for personal reasons. This owner has had no active involvement in the running of the restaurant for a number of years. The change of partial ownership to a new investor is not expected to have any impact on the performance of the restaurant. All other owners will continue their involvement in the business including key staff whom have a shareholding. There is a shareholders agreement in place that protects the partial ownership. This agreement will be shared with a serious purchaser during the sale process. This opportunity will suit someone who is looking for great returns from a passive investment and is excited about owning a share in a premium restaurant. |
| Essential Building Services Price: $1,668,000 Location: Wellington Ref #:121111 |
|
Net Surplus: $617,183 EBPITD Year on Year Growth - Simple to Run This business has been servicing the Wellington region since 1997. They provide a vital service to the building and home renovation market. The business has built a reputation for reliability and value in this niche segment resulting in considerable repeat business for their services. The business has gone through considerable growth in recenty years even at a time where the economy has been at it's worst. The future landscape is good with a number of players exiting the industry offering growth opportunities to quality players. This business would suit someone with sales, business development and staff management skills. The current owner had no industry experience when taking over the business and has achieved great growth in a very tough economic environment. Alternatively the business could be run under partial management as there is a competent Operations Manager already in place. The underlying strengths of this business include:
A significant portion of their clients are through repeat business. Over the years the business has built up a reputation for reliability and value in their industry sector. The business has a good spread of clients with its 2011 revenue spread across over 350 customers. This ensures minimal exposure to any one client group. No one customer made up more than 5% of sales during 2010 / 2011. The business operates with the Owner, an Administrator, an Operations Manager, a Foreman and 11 other staff. The quality of staff and their experiences is very high within their industry sector. The business has gone from strength to strength over the last few years. This growth is expected to continue. Turnover is circa $1.5m and growing. Demand for services is high which further reinforces the quality of this opportunity. The sale price includes some $700k of Plant and Equipment. The owner is looking to spend more time overseas. He is willing to support a suitable handover to ensure the successful transition to a new owner. |
| Courtenay Place's Golden Mile Price: $2,000,000 Location: Wellington Ref #:131111 |
|
Net Surplus: $563,120 EBIT Four of Wellington's Finest - Drinking, Eating, Clubbing This is an opportunity to purchase an established group of successful Bars, Restaurant and Late Night Clubs servicing the Courtenay Place hospitality area. They are being sold as one complete package. The businesses have a competent Operations Manager in place together with Bar Managers within the individual facilities. The businesses would suit an investor seeking a great cashflow return or an Owner-Operator with a more hands on management style. The underlying strengths of the businesses include:
Courtenay Place is a popular eating and drinking area in Wellington. The quality of the premises, ambiance, location and entertainment offering make this portfolio of bars stand out from other Wellington establishments. For anyone who is not familiar with Courtenay Place in Wellingon, it is Wellington's only entertainment district and guarantees a steady stream of customers all year round. These bars occupy prime locations underpinning their performance. The business has an Operations Manager in place who in turn has Managers in place for each establishment. There is an owner representative who provides direction and strategy support as required. There is some 30 full time staff complemented by a pool of some 18 part time staff to even out the work flow across busy times as required. Group turnover has been between $4.6m and $4.9m over the past three years. Recent renovations have seen a positive impact on the most recent financial performance. The businesses are cashflow positive which ensures there is enough cash available to pay bills as they fall due. The owners are willing to assist a new owner with any support they require. They are also happy to sign a restraint of trade as required. |
| Jewel of Courtenay Place Price: $1,050,000 Location: Wellington Ref #:211211 |
|
Net Surplus: $293,973 EBIT (Year End March 2011) Drinking, Eating, Clubbing - Prominent, Posh, Popular This opportunity is to purchase arguably Courtenay Places star performer. This Bar, Restaurant, Club offers the finest Wellington has to offer. The business has a competent Operations Manager in place and could continue to be run under management. Alternatively you may choose to take that position over yourself. The business would suit an investor or owner operator seeing a great cashflow return. Underlying strengths of the business include:
Courtenay Place is a popular eating and drinking area in Wellington. The quality of the premises, ambiance and location makes this Bar stand out from the rest. For anyone who is not familiar with Courtenay Place in Wellington, it is Wellington's only entertainment district and guarantees a steady stream of customers all year round. This bar occupies a prime location underpinning it's performance. The business has an Operations Manager in place together with bar managers for different shifts. There is an owner representative who provides direction and strategy support as required. There is 15 full time staff complimented by a pool of some 10 part time staff to even out the work flow across busy times as required. Turnover was $2.6m during 2011 and up from around $2m the previous two years. Recent renovations have seen a positive impact on the most recent financial performance. The business is cashflow positive which ensures there is enough cash available to pay bills as they fall due. The owners are looking to go their seperate ways. They have other business interests and opportunities outside of this industry they wish to persue. They are willing to assist a new owner with any support they require. |
| Printing.com Franchise Price: $143,450 Location: Christchurch Ref #:310311 |
|
Net Surplus: $84,631 EBPITD Graphic Design - Excellent returns to one working owner, exclusive offset printing territory This well respected graphic design business operating from a leased CBD premises in Wanaka has experienced steady growth since commencing in 2006. Sales revenue was significantly boosted from $80k to $239k est. (2008 to 2011), as a result of the addition of a Printstop(R) (Printing.com) offset printing franchise. This low cost, dedicated territory "bolt on" has greatly expanded the business's range of services. While there is some direct competition in the form of digital printing the business in question is the dominant local option for cost effective offset printing. The business has 360 active customers with the owner attributing 50% of annual sales to repeat custom. Outside of offset printing 40% of revenue is derived from logo/branding, graphic design, stationery, company signage, web design and tape to DVD work. Margins of between 50-60% are provided for all offset print work. Even though the subject business does not have a monopoly over regional graphic design, due to its convenient proximity many local design competitors forward print work to be processed via the Printstop(R) option. There are a nuimber of growth opportunities for a new owner:-
The owner works five days a week, 9am - 5pm. In the past he has augmented his own workload with sub-contractors who have contributed on graphic design and motion media projects. At present, even with the business at its highest revenue levels since inception, the owner is coping easily as "one man" operation. The vendor is relocating to Australia to be nearer his fiance who is studying medicine. To fully optimise this opportunity a buyer will ideally have some ready graphic design skills. The Printstop(R) franchise is fully systemised, training is provided and the software platform easily operated. The excellent profit margins provided by the offset printing offers the chance for an established/developing graphic designer to relocate, drawing with them current clientele and build on the existing services already provided. The operation is turning a solid "lifestyle" business income with modest overheads ($13,950 + GST Rent & Outgoings), and as customers pay at pick up (rather than payment on the 20th of the following month) the Printstop(R) account format provides positive cashflow, further helping to mitigate risk. |
| Carpet One Price: $250,000 Location: Christchurch Ref #:310511-1 |
|
Net Surplus: $105,417 EBPITD Calling All Salespeople; Market Leader; Trading Strongly; Guaranteed Future; YTD Sales 25% Up! This mobile carpet sales business has seen off the recession in good heart, making $100k+ pa to one working owner during the last three years, with a likely owner income of $120k in the current FY. This has been aided by a lot of people recarpeting due to EQC repairs improving the house, but leaving older carpet looking "a bit shabby". Carpet One are the market leading, nationwide, mobile carpet retail business - and customers wthin the territory being serviced particularly enjoy not having to travel to get to retail stores. In the next several years the business will grow significantly on the back of:
Sales leads come in by way of the www.carpetone.co.nz website and the 0800 number, and are driven by the very strong promotional calendar undertaken by the franchisor. As the new owner, you will visit prospective customers, do a measure and quote, (using laser technology and a easily learnt PDA) and ultimately close the sale. The key attribute is for a "people person" with good communication and sales skills, and there are no technical aspects that cannot be easily learned during the training process. No installation is required, as there are contracted installers used by the existing three Carpet One franchisees in Christchurch. Franchise fees are very reasonable and the franchisor also has three regional managers, one of whom looks after the South Island. With 50 mobile showrooms, Carpet One are a leading nationwide flooring retailer and the over-riding consideration is "user-pays" so franchisees only contribute to the variable costs directly related to their own sales (e.g. finance costs; Fly Buys costs; call centre costs). A fantastic opportunity for an "owner-operator" in a hugely vibrant market!! |
| Rental Car Business Price: $265,000 Location: Christchurch Ref #:100611-1 |
|
Net Surplus: $98,073 EBPITD (2010FY) Well Established - Niche Markets The business has been established for nearly 30 years offering a wide range of vehicles from small Hatchbacks, Sedans and Station Wagons to 4 Wheel Drives, which are their specialty. Its niche market is adventure tourism as in fishermen, snowboarders, trampers and skiers including competitive ski teams from around the world. In the last five years revenue has varied from $250k to $350k, and while the business has a solid trading history, recent events in Christchurch have had a short term impact. Healthy signs of recovery are now evident in the increased enquiries and bookings. The purchase price includes $213,000 of assets (33 x vehicles; tools etc) so a new owner is paying only modest goodwill to get a well established business with vehicles, a website and a bunch of forward bookings. Currently only an "owner-operator" is required to operate the business but as the revenue gets back towards $300k a staff member may be required. The current owner has other opportunities beckoning and wishes to pursue them which provides an opportunity for someone else to buy the business at a price which is close to the value of the vehicles. While most custom is derived from the website and phone, very little development in marketing has been undertaken, so an owner operator with business development and marketing savy (e.g. including the use of social media) could increase sales and profits considerably. Alternatively a buyer with mechanical skills could also be an asset, and tools to carry out basic maintenance of the vehicles is included in the sale price. It is likely that demand for rental vehicles will increase along with the expected upturn in tourism and in influx of people involved in the rebuild of Christchurch over the next few years. |
| Sign Writer & Screen Printing Price: $190,000 Location: Christchurch Ref #:140711 |
|
Net Surplus: $101,000 EBPITD Long Established Invercargill Firm - Profitable business + Pragmatic owner = Opportunity! This business has been providing signage and screen printing solutions in a central city location since 1992, with a reputation for high quality design and installation. It is very well run, with good growth potential. It employs quality, skilled staff who are keen to stay with the business making it an easy "walk in" option for a suitable new owner. They provide a full range of signage services including signs, vehicles, silk screen-printing, advertising and display art. All graphic design work is completed in-house. The business services a wide range of customers, approximately 500 on the database, from large and small commercial, local body government departments, sports clubs, schools and other walk in clientele. The vendor is willing to enter into an attractive lease arrangement for the current business premises to ensure a purchaser has a realistic rental level which will ensure future success. It is always positive when the vendor remains your landlord, as they remain a stakeholder in that success. The financial performance of the business has been consistent over the past four years, even during the current recessionary period, with 2011 sales the best of this period. Turnover averaging around 300k. After 45 years in the trade the owner is looking to pass on a business which has provided well for himself and family to a new, motivated owner who'll enjoy the benefits of a solid, established business platform with room for growth. |
| Europica Tiles - Present All Offers Price: $75,000 incl stock & plant Location: Christchurch Ref #:220711-1 |
|
Net Surplus: $55,589 EBPITD Present All Offers - Chch Rebuild; Owner Emigrating This business has operated successfully in Christchurch for well over ten years. Sales vary from $400-$500k in a tough year; through to $800k + in a good year, with margins at or above industry standard. In the last two years the business has earned a working owner $50-$60k; prior to that it was over $100k pa. Given the remediation required for 30,000+ Christchurch houses in the "Green Zone", the good years are about to return! Very little stock is held, with product ordered as sales are confirmed by their clients. Clients pay a deposit with order, ensuring the business is cashflow positive. The business supplies the mid to upper end of its market with both new builds and the after-market being supplied, including some sales outside of Christchurch. Customers are sourced directly by way of "walk-ins" and advertising, or indirectly by way of referral from architects, specifiers etc. On average around two - three showroom sales per day ensures that only one person is required to man the showroom during the week. Recent news suggests:
Christchurch is the new "El Dorado" with an anticipated high demand for Europica Tiles' products, either for repair or new build work. There has been a measurable increase in quotes, and YTD sales are comfortably ahead of last year, and the rebuild hasn't even started yet! Other opportunities include focusing on and marketing to architects and specifiers; introducing new products and/or suppliers into the range; considering direct importing; running a team of installers to capitalise on sales made; and networking, CRM and promotional programme development. There are three - four key NZ-based suppliers, and no undue reliance on any one of these. Good relationships are enjoyed with all suppliers, and there is very little showroom stock as product is ordered once a customer has confirmed they require it. Key suppliers have already agreed to support the purchaser. This business will appeal to a purchaser with good business development skills; and who enjoys working with good margins! The vendor will remain in Christchurch until Xmas to ensure an optimal transfer to a new owner. |
| Event Management Price: $500,000 Location: Christchurch Ref #:040811 |
|
Net Surplus: $228,563 EBPITD Fixed Contract(s); Stable Staff; Sensible Hours Core business is the provision of services to an organisation that operates a stable of events during the year. This relationship is covered by a rolling three year forward contract, that is renewed for a further 12 months each year, i.e. the business is currently contracted until the end of 2014. This business also provides event and project management; strategic and administrative support; and marketing and PR assistance to a variety of other clients, ranging from local Government through to non-profit organisations and commercial businesses. Generating over $500k + GST pa, the business has guaranteed cashflow every month, by dint of its contracted customer(s), with little or no working capital required. Overheads are modest, with the major cost being staff, but at less than 40% of sales this ratio is very acceptable for a professional services business. Established, experienced, credible and professional. There are five - six FTE's, mostly employees but also two independent contractors. The staff are very self-sufficient and the vendor simply "conducts the orchestra", and a new owner will benefit from the staff expertise, and also a meaningful handover period from the vendor. The current owner is involved mostly with sponsorhip, contracts, new initiatives and Board reporting. The purchaser of this business will require the following skills and attributes:
|
| Adventure Tourism Price: $275,000 Location: Christchurch Ref #:160911 |
|
Net Surplus: $95,225 EBPITD (5 yr average) Quad Bikes; Tourist Route; Lifestyle Business Across Country Quad Bikes started trading six years ago in Franz Josef, and now turns over $300-$400k making around $100k to a working owner. ACQB is a well established part of the Franz Josef scene with sales via commission-based travel agents; tour groups; and directly via their website, and local accommodation providers. As expected the sales are seasonal with monthly sales ranging from 100-150 trips in winter thru to 500 in peak season (Dec/Jan). Overheads are modest with wages being a true variable cost, and averaging around 25-30% of sales. The owner's role includes general management; customer service and looking after the staff. As well as the owner, in winter there is 1 x FTE, consisting of two PT guides, who also have mechanical aptitude and are well trained on servicing the bikes. In peak season a further FT and several PT staff are added to the team. Core staff are settled and happy and the new owner of this business simply needs to be someone with good people skills who enjoys the tourism industry. The business operates from an excellent, high-profile site on the Main Road which it shares witha Glacier Flight business, and over 1 million tourists pass through the town each year. There are 16 Bombardier Outlander Max 400 4x4 Quadbikes; some Rockhopper mountain bikes, various office equipment and showroom fixtures and fittings; together with a base from where the trips depart, and also a workshop. The current value of stock and plant is $190k with the balance of the purchase price ($85k) being intangibles. The bikes can each seat two passengers and are excellent for the type of rugged terrain they travel over - being river flats; rain forest and swamp grass. Replacement vehicles are also self-funding as they are purchased new at wholesale from the importer; and retailed "second hand" after about 500 hours for close to their wholesale cost. Franz Josef village has a thriving tourism sector in the heart of Glacier Country, and attractions to keep tourists coming through include the guided glacier walks; heli-hikes; scenic flights; horse-trekking; fishing; kayaking; the new Kiwi Wildlife House and Hot Pools. Natural growth will occur with the improvement in the tourism sector, on the back of promotional campaigns by Tourism NZ and the Regional Tourism Organisations (RTO's); plus there will be trickle down from the GDP growth arising out of the Christchurch rebuild. |
| Automotive Dismantler Price: $395,000 Location: Christchurch Ref #:150911 |
|
Net Surplus: $171,132 (FY 2011) Niche Market; Great Margins; Experienced Staff This Auto Dismantling business has been run under management for six years. The business specialises in arguably the most popular brand of commercial vehicle in New Zealand, dealing only with models from 1992 onwards. It's customer base is nationwide and sales have consistently been in the region of $600k+ GST per year with most sales achieved via an industry trading website and several 0800 numbers. The staff are very knowledgeable and provide a high level of service, in part, due to the specialisation of both make and models. Excellent relastionships are in place with suppliers and customers alike. Product is sourced from auctions and importing and the industry enjoys high margins. Growth opportunities include the development of a workshop which could be used to do general servicing and WOF's. Identified markets include rental car companies, and the fitting of parts which have been purchased by the public. Expansion of the brands and models carried is also an option but will attract a higher stock commitment. While damaged vehicles are continually being purchased, there is ample stock to maintain business for some time and it is stored in a tidy and well organised fashion. Whilst closing stock has traditionally been accounted for at $130k (or thereabouts), the market value of this stock to a purchaser is arguably significantly higher. While an interest in motor vehicles would be an advantage it is not necessary as the current owners had no experience when they entered the industry a number of years ago. The trading margins make this a very exciting business. |
| Accounting Services Price: $150,000 Location: Christchurch Ref #:150911-1 |
|
Net Surplus: $60,000 EBPITD Growing; Profitable; 350+ Clients Based in the greater Canterbury region, this business has 350+ clients generating $300k revenue. Established for five years the business is now achieving sufficient scale to generate a respectable income to a working owner - and it's continuing to grow. Core business is the provision of accounting services to SME's; sole traders and partnerships. Clients subscribe for annual accounts; monthly reporting; GST returns; Rental Property Accounting and Payroll Services. The structure of the business and the support available from the franchisor make this a very safe bet. The existing staff are settled; have additional capacity to grow the business; and are a mix of all full and part-timers (three x FTE all up), plus the owner working full time. The owner runs the business, drives business development, and is very "customer-facing" in additional to doing some operational accounting work. The existing lead site has good street appeal and the businesss services a thriving region. The buyer will benefit from previous involvement within an accounts, or accounting environment. They may have accounting qualifications (not essential) or they may even work for a CA firm, but simply want to take charge of their own destiny and "be the boss". The Franchise General Manager is a qualified accountant, and there is a comprehensive Intranet which, together with 40 franchisees nationwide, provides an effective support network. Continue to increase client numbers at the same rate; tweak pricing to improve profitability; and improve staff productivity with an increased workload, are all very achievable growth strategies to change this years $60k profit into next years $80k+ profit...and on it goes! |
| Light Engineering Steel Manufacturing Price: $275,000 Location: Christchurch Ref #:061011 |
|
Net Surplus: $112,242 EBPITD Well positioned within the recovery of Christchurch and reconstruction This business is a true niche manufacturer and one with real potential. The company produces steel products to specification, supplying an excellent client base. The company's goal has always been to under promise and over deliver and this is a core value that forms and maintains relationships. The company has the capacity to cope with large projects and the ability to fit in small orders with a rapid turnaround. It is service that keeps this company foremost in clients minds. Currently there is three months forward work. This business operates with a highly flexible core staff that provides insulation from trading cycles. There are clearly identified opportunities to grow this business. The current owner works less than 20 hours per week and the business continues to perform with this level of time and attention. This is a result of the underlying strength of products and services that are provided. The vendor has another career direction and is irrevocably drawn away from the business. The vendor will be happy and able to fully support the buyer in the long term after purchase. The buyer will need business management skills and an engineering background while of value it is not a requirement. The business has been at the same site for many years. There is an existing lease with extra space for expansion or to sub-lease. |
| Sales & Installation Price: $250,000 (incl $50k of stock & plant) Location: Christchurch Ref #:131011 |
|
Net Surplus: $115,000 EBPITD Significant Forward Orders; Christchurch Rebuild This market-leading manufacturer of sun umbrellas and shade sails; awnings and louvre systems is adopting strategies to strengthen and grow the business further. The current owners will focus on their core manufacturing; product development and export markets, with sales and installation territories being established to grow domestic sales. The first sales territory is operating successfully in Auckland and the manufacturer requires an owner-operator to take charge of the established Christchurch market, which has historically generated $1.5m + in sales. Customers are mid-high end residential homes; and a variety of businesses including retail and hospitality. There is currently $300k of forward orders sitting in the factory, and the opportunities within the Canterbury market are significant. A successful purchaser is likely to work in the business as a contractor for four-eight weeks to determine if it is the right opportunity for them. This will also show the vendors whether the buyer has the appropriate aptitude and attitude to succeed in the market, and work well with the existing owners. The buyer will have:
The benefits are clear:
|
| Direct Sales Price: $260,000 Location: Christchurch Ref #:021111 |
|
Net Surplus: $120,942 EBPITD (2011) B2B - Poised for Growth; Scale-able; Multiple Markets Currently generating close to $500k + GST in sales this business sells branded apparel directly to a variety of commercial and other organisations. With over 350 clients, sales are made throughout the year (average of 15 per week), and the products are both seasonal and consumable - so no quiet times and plenty of repeat business. Very real opportunities for growth include:
The modest stock and plant, and relatively low overheads ensure that the business operates with excellent cashflow, but the lack of "hard assets" to borrow against, will require the buyer to have access to a good level of cash, or secure equity, to fund the purchase. |
| PinkFit Franchises Price: $40,000 to $90,000 Location: Christchurch Ref #:111111 |
|
Net Surplus: Partnership Splitting; Must Sell Two Territories! These four territories have been run as a "managed business" - this model doesn't work! Each territory needs an owner-operator, to optimise returns to the working owner (50%+ of sales = profit). The owners have reached their "use by date"; they have other business commitments; and the partnership is dissolving - they must sell atleast two of these territories! The operation is currently being run sub-optimally with contract staff, and offers excellent returns for a hands-on owner-operator in each region. No specialist skills or knowledge is required, and these are established and secure businesses, in great regions. The impact of focused owner-operators has been proven to double, treble or even further increase sales in other regions. The business installs Pink Batts into both new and existing homes for the customers (builders and individual home owners) of New Zealand's major building supplies merchants (Placemakers, ITM, Carters, Mitre10 etc). Demand for this service is constant with stabilising new housing consent issuances and the heavily subscribed government funded EECA "Smart Heat" home insulation subsidy. This support is extremely cost-effective for the Government and will be ongoing due to its substantial health benefits. This operation has the following features which makes it a dream business to own:
West Coast: Price: $40,000 EBPITD: $53,640 40 week payback Mid-South Canterbury: Price: $90,000 EBPITD: $108,800 43 week payback Central Otago: Price: $50,000 EBPITD: $72,940 35 week payback Southland: Price: $75,000 EBPITD: $80,850 48 week payback The owners have to rationalise; their loss is your gain; these are the lowest prices possible! For further information, contact Mark Orr (Otago/Southland) on 021 858 940 or Liz Satherley (Canty/WC) on 021 649 010 |
| Light Engineering Price: $120,000 Location: Christchurch Ref #:251111 |
|
Net Surplus: $58,709 EBPITD (average over 4 years) Niche Market Specialist - Excellent Gross Margins This Dunedin based opportunity is a light engineering and manufacturing business, operating from its own city based premises with a history stretching back fifty years. It manufactures within a variety of niche markets with sales at $170k + GST. This figure has been above $220k in the past and Q1 and Q2 sales are well ahead of a tough 2011 financial year. There are significant opportunities to improve across a variety of sectors which the business operates in. The most immediate include -
The business employs one "jack of all trades", self taught "engineer". The owner works in the business also, both on the tools and focusing on pricing, sales and administration and general management. The current owner has no formal training and the business has the potential to thrive at the hands of a more suited proprietor. The optimal buyer will have strengths in relationship building with clients and prospects plus a background in light and jobbing engineering. The business specialises in manufacturing heat protection products for residential and commercial applications, niche equipment for the hospitality industry and supplying bulk mesh and wire to various industrial players. A small amount of job engineering is completed when the opportunity is presented. The owner has "an itch to scratch" in a completley unrelated industry. Motivation has become an issue and this business is crying out for a more proactive proprietor to make it "sing". The owner will be available for normal transfer and handover activity. Price breakdown: P&E $18,154 + Stock $42,678 + Intangibles $59,168 |
| Auto Services - Niche Market Price: $190,000 Location: Christchurch Ref #:181211 |
|
Net Surplus: $109,158 EBPITD Otago Wide Monopoly This well respected auto service supplier is an essential cog in the smooth running of all modern personal, fleet and commercial vehicles. The business plays a key role in ensuring car dealers, panel shops, automotive workshops, construction machinery, agri-business, retail and commercial customers have access to essential and specialised servicing of vehicles. A meticulously fitted mobile servicing unit is utilised to complete almost 70% of all work on-site, with the remainder concluded via vehicles dropped into the business's 100 sqm workshop facility. Due to the niche nature of the work, and exclusive servicing agreements with manufacturers, there is almost no competition within the business's regional sphere of influence. There are a number of growth opportunities for a new owner:-
The owner had "hands on tools" involvement until suffering a recent, non-work related injury. The operation is currently being staffed by one full time, trained technician; supplemented by qualified, part-time contractors as seasonal demand dictates. The vendor is selling due to his recent personal injuries making working in the business difficult and the taking on of a second enterprise. The business would suit both a suitably qualified owner-operator or merging with an existing auto electrician or general auto mechanical business with a view to expanding the scope of services provided. Cost savings can be made via integration into an active enterprise. |
| Pest Control Price: $375,000 Location: Christchurch Ref #:050212 |
|
Net Surplus: $169,545 EBPITD Commercial Clients; Regular Call Cycle - Essential Service For the last four years this business has consistently generated $300k + revenue and is on track to do so again (despite the EQ's), with an owner's income averaging 50% of sales. Largely a "one-man band" the working owner is assisted by sub-contractors where appropriate; and personal goodwill is mitigated by the contractual, and call-cycle nature of the commercial clients. A new owner can choose to replicate what the existing owner does; or eventually recruit a technician, and focus on growing the business further. The Positives:
Opportunities for growth include:
A new owner will simply have to invest eight hours in getting an Approved Handler Certificate as per the HSNO Regulations and they can run this business. Pest Control coursed and qualifications are also available to an owner that would like to enrol for these programmes at the Open Polytechnic. Demand is assured because the clients of this business MUST comply and have a Pest Control Programme in place...the services are not "nice to have"...they are legally mandated. The current owner has run the business for over 10 years but now has an opportunity to move into a different (but related) sector. The nature of this new role also means that the vendor will still be available for support and goodwill transfer well after settlement date; and an appropriate restraint of trade will ensure the integrity of the goodwill being purchased. |
| Web Design/Hosting Price: $130,000 Location: Christchurch Ref #:060212 |
|
Net Surplus: $85,892 EBPITD (2011) Highly Respected - Influential in the Lower South Island The Opportunity:
Possibilities for:
|
| Rural/Automotive Industry Price: $375,000 Location: Christchurch Ref #:040212 |
|
Net Surplus: $171,367 EBPITD (2011) Easy to Understand Business, Ongoing, Repeat Sales This Invercargill based business stands out against its opposition as a leader in their particular industry. It supplies rural/automotive related products and has built a solid service and customer base around these essential and regularly replaced items. Some points of value:
2012 sales expansion has been achieved through continued excellent service and a high standard of workmanship coupled with competitive prices. A new owner could:
|
Back to top  |
Call us for more: Click here for our contact details
