Net Surplus:
Contact: Murray Yeates
Office: Auckland

This company has just past the critical start up phase and is ready for expansion. The company manufacturers a range of natural citrus based products. The product has a distinct competitive advantage in the market due to its unique production and preserving process. It is presented in an innovative packaging solution that sets it apart from its competition. As part of the initial set up, a considerable amount of work has been completed on merchandising into the New Zealand market. Furthermore the product range has been accepted into a major supermarket chain, deli and specialty stores.

As part of their growth strategy, the company has secured distributors in the U.S and Europe. However the vendor now realise, the company will require additional skills to expand globally.

An opportunity exists to purchase a cornerstone share in this exciting business or buy it outright. The size and the nature of the shareholding will be negotiated with a prospective partner and valued on a pro rata basis.

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Net Surplus:
Contact: Tabak Administrator
Office: Auckland

Multi National Clients, Proprietary Software & NZ Patent Protected

Our client owns a well established software business, with proprietary software protected in New Zealand by patent rights.

Traditionally, their product was supplied on a “fat client” basis to both local and multi national clients.  In recent times, our clients has converted the software to a “thin client” application and is ready to relaunch it as “software as a service”.

Cornerstone Partnership Opportunity
An opportunity has now arisen to purchase a cornerstone share in this exciting business. The size and the nature of the shareholding will be negotiated with prospective partners and valued on a pro rata basis.

The business has been valued at circa $11 million and up to 35% of the business is for sale.  Proceeds from the sale will be invested into the business to facilitate growth and expansion.

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Net Surplus:
Contact: Murray Yeates
Office: Auckland

The Business Opportunity

The business operates in the manufacturing, importation and distribution sector to retailers and wholesalers. It is a consistent performer; showing good growth in current market conditions. In addition, the company has recently secured a significant distribution channel within the Australasian marketplace.

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Net Surplus: $173,712 EBPITD
Contact: Tabak Administrator
Office: Auckland

Excellent Growth Potential

Growth Sector Benefiting from Government Grants - Auckland

This business specialises in the sale, service & installation of a domestic appliance. It has a solid reputation for consistent financial performance, with sales increasing year-on-year, from $1.4m in the 2008 financial year, to $1.6m in the 2009 financial year, to $2.5m in the 2010 financial year.

Their unique way of conducting the business has lead to an enviable reputation in the market. Further more, it has also been recognised through awards for sales and service.

Recent changes in Government policies have resulted in financial grants for this sector. Early evidence suggests it to have a very attractive impact on sales.

Business Strengths

• Low working capital requirements;
• Loyal and experienced staff;
• Secure supply arrangements;
• Growing industry, yet competitive;
• Heavily promoted sector - primarily by Manufacturers; and
• Government Subsidies.

With most of its clients paying within 7 days, and their suppliers only due on the 20th of the next month - this business offers excellent cash flow to a new owner. Sales revenue for the April/May GST period totalled in excess of $700,000.

After successfully running this business for the last 8 years, the owner now wishes to retire due to health reasons.

This business would ideally suit a person with some technical aptitude or ability to engage and manage staff within the trade. However, it could also benefit from a person with strong sales, marketing and project tendering experience.

The owners are willing to offer a generous hand over period to make sure any new purchaser has every chance of success.

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Net Surplus: $130,000 EBPITD
Contact: Mark Begbie
Office: Hamilton

Recession Proof - No Staff

Highlights

• No Staff
• Simple to understand business with an excellent market reputation
• Customer base which includes Schools, Local Authorities, Rest Homes, Tradespeople, etc
• Excellent future potential
• Provides an essential service, with demand not influenced by economic conditions
• Specialist Plant & Equipment offers a competitive advantage to similar sized competitors

Easy to Understand Business and Diverse Customer Base

This easy to understand business operates in the Building Services Industry, enjoys a very high level of repeat custom from a customer base including private homeowners, Local Authorities, Schools, Rest Home Owners and a broad range of related Trades people.

This business will ideally suit a purchaser who is not afraid to get their hands dirty, initially does not want the complications of staff and applies common sense in their approach to getting the job done. The business can either be maintained at its current levels providing a very comfortable lifestyle for a new owner or alternatively has the potential to be expanded through the introduction of a range of complimentary services and equipment. Alternatively this operation could easily be "bolted on" to an existing business in the Building Services Industry.

The current owner has decided to retire but is committed to ensuring the new owner has a comprehensive handover and training.

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Net Surplus: $125,055 EBPITD
Contact: John Parker
Office: Hamilton

This Business Represents the Best of All Things Hospitality

Award winning cafe restaurant which has stood the test of time, ideally located in Central Hamilton

This business is a well established venue in the CBD with a large loyal clientele seeking a casual coffee or excellent brunch or dinner.The current owner is ready to move on after over 10 years and has ensured the business is in a solid position for a new owner to build on.

This business has received several awards and is an icon in Hamilton enjoying a broad repeat group of customers. Although well established there has been several areas that have been identified that will enhance its operation and profitability.

The owners are backed by a great team from the Duty Managers, Senior and Junior Staff from the Kitchen, to the Front of House. The wide rather than deep structure ensures one person's absence does not impact on the customer's experience.

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Net Surplus: $603,816 EBIT
Contact: Mark Begbie
Office: Hamilton

Auckland, Waikato and Bay of Plenty Regions

Highlights

• Huge growth opportunity in the greater Auckland region
• Associated with a nationally recognised brand
• Simple to understand business with excellent systems and processes
• Multiple Branches
• Senior Management structure already in place
• Owner can oversee the operation from anywhere in New Zealand

This business offers a comprehensive range of direct to consumer and business-to-business products & services in the Telecommunications sector. The current owners have a senior management structure in place and currently interact with the business on a predominantly governance and strategic level. Even though this business is currently focussed on the upper half of the North Island, a new owner will have the flexibility of being able to oversee the business from any location in New Zealand. Although as with most large businesses the biggest opportunity to enhance sales & profitability initially lies within the greater Auckland region.

With multiple sources of income and a preferred supplier relationship with a blue chip New Zealand company in place, this business is in a very strong cash flow position.

The current Senior Manager and Support Staff are an experienced and skilled team with a proven ability to maintain long term, quality customer relationships as well as a successful history in achieving annual growth targets through new customer acquisitions.

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Net Surplus: $113,458 EBPITD
Contact: John Parker
Office: Hamilton

Owner Operated, 5 days per week

Highlights

• Simple to understand business with an excellent market reputation
• Excellent future potential
• Customer base which includes residential, commercial and corporate clients etc
• International franchise system backing
• Low cost of sales.

The current owner states that common sense and a good work ethic is all that is required to operate this business effectively. No specific qualification or experience is needed. The owner (who is an authorised trainer) will fully train the purchasers with all of the required knowledge during the hand over period.

After the handover period of one month, the current owner will be happy to help out on an "as required" basis by phone for up to a period of twelve months thereafter.

The current owner has identified opportunities where this business could easily be expanded, enhancing sales and profitability.

The Business has a loyal and diverse customer base including a number of well known national companies.

Throughout the organisation, the product costs are usually only 5% of the repair charge, which includes incidentals which ensures good margins.

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Net Surplus:
Contact: Murray Yeates
Office: Hamilton

Auckland & Hamilton Territories Available

Highlights

• Substantial income potential in an industry experiencing huge growth
• Scalable business opportunity
• Annual contracts with an 80% plus renewal rate
• Experienced Franchisor
• Fully documented technical system for lawn care

Depending on the capability and ambitions of the franchisee, over time this business opportunity has the ability to generate substantial returns.

This business opportunity is taking advantage of the huge growth in the lawn treatment industry. The growth of this industry can be seen every weekend where homeowners are spending large amounts of time and money on attempting to grow and maintain that perfect lawn.

This is not just a man in a van operation. This franchise business offers the right person a scalable business opportunity with a chance to create a true business asset.

Over 50% of the business income is generated from annual service contracts, with an expected 80% plus retention rate year after year.

The Franchisor is an expert in the lawn treatment industry and also members of the Franchise Association of New Zealand.

Because lawn treatment is a technical industry the franchisors have developed a training programme that is second to none in New Zealand.

The business could be operated from a home office or a small commercial office. There are very few fixed costs, meaning this business could become profitable in a very short period of time.

This opportunity is ideally suited to a person that wishes to own a business that has the potential to be scalable. Not just be the technician, but be the person driving sales and marketing. However this person must be prepared to do the hard work first.

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Net Surplus: $479,414 (Average of last 4 years); $760,000 (Last financial year projected) EBIT
Contact: John Parker
Office: Hamilton

Central North Island

This business is being presented to the market under a strictly confidential basis. It is a well established business with an excellent market reputation supplying services to infrastructure projects and the construction industry in the central north island. Because of the strict confidential status of this business any interested parties are asked to make contact directly with the person stated below.

Highlights

• Servicing growth industry
• Huge growth opportunity in the greater Central North Island
• Simple to understand business with excellent systems and processes
• Large forward workload
• Highly trained loyal staff
• Good management structure

The business has performed solidly over the past four years with the past twelve months being particularly impressive. The trend of the last year seems set to continue with several large projects being undertaken in the area that this business has the expertise and experience which enhances the opportunity for a purchaser.

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Net Surplus:
Contact: John Parker
Office: Hamilton

Large Well Established Bar/Restaurant

Hamilton

Highlights

• Iconic Hamilton Bar/Restaurant
• Recent Refurbishment
• Lion Nathan backing
• Well trained staff
• Favourable Lease
• Owner motivated to sell.

Expressions of interest are sort in relation to this iconic business located in the heart of Hamilton's hospitablity precinct. The business has an excellent reputation and is an ideal venue for drinks, a casual meal or private function. The premises have recently been refurbished with over $400,000 being spent. There is a favourable lease in place.

The Numbers
Turnover (2010/11 FY Forecast) $2,437,000
Plant & Equipment (book value) $59,000
Stock $15,000

This opportunity would suit someone that has experience in the hospitality industry and is keen to drive this business forward.

Register Your Interest

This is an opportunity to register your interest in this business. Full financial details will be made available to interested parties once contact is made with the person below and a Confidentiality Agreement has been completed. The owner is motivated and realistic as to the value of this business.

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Net Surplus: $174,000 EBPITD (Projected 2011)
Contact: Mark Begbie
Office: Hamilton

Homeware Products

Can be located anywhere in New Zealand

Highlights

• Well established business
• Ongoing sales with some of New Zealand's leading retailers
• Can be relocated to anywhere in New Zealand (currently based in Auckland and Hamilton)
• Reputation for a range of quality cost effective products
• Huge Growth Potential
• No Staff.

This well established business specialises in supplying a range of quality homeware and commercial products to some of New Zealand's leading retailers, in combination with various other industries.

The current owners operate this business from their Hamilton residence in combination with a contract warehouse and distribution facility based in Auckland. The administration side of the business can easily be re-located to any part of New Zealand however due to the nature of their client base and the cost of freight; it would make economical sense for the Warehouse facility to remain in Auckland.

This business would suit a purchaser with sales, marketing and relationship management skills. It would be an ideal business to "bolt on" to an existing operation however would be just as viable on a stand alone basis. The business has underperformed in recent years due to a lack of effective working capital of the current owners. The opportunity is huge for an owner with access to an appropriate level of working capital to support the future growth of the business.

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Net Surplus: $273,500 EBPITD Net Surplus: $214,000 EBIT (Fully Managed)
Contact: Mark Begbie
Office: Waikato

Restaurant/Cafe/Retail/Function Centre -Waikato Based

Situated within one hours drive from Hamilton this well established business offers a range of services to both domestic and international travellers, whether they are visiting the nearby world famous tourist attraction or are looking for a break from one of New Zealand's busiest routes. Multiple income streams mean no over-reliance on any particular facet of the business, with some exciting prospects in place for further growth. The experienced Manager is supported by skilled and experienced staff and proven systems.

The Cafe and the Restaurant offer travellers a comprehensive range of dining options. Whether it is a sit-down meal for multiple busloads of tourists/travellers or quite simply a quality coffee and shopping break, this business is the only facility in the region able to offer customers such a diverse range of options under the one roof.

The business has recently been restructured with the appointment of an overall General Manager. This has allowed the current owners to step back from the day-to-day running of the business and focus on further developing the recently refurbished Function Centre or long overdue visits to key customers both within New Zealand and overseas.

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Net Surplus: $193,313 EBPITD
Contact: Paul Brljevich
Office: Tauranga

AWARD WINNING - WATER FRONT LOCATION

The setting of this restaurant is uniquely situated on the Whakatane historic Wharf. This award winning restaurant presents an opportunity for a new owner to secure an established business with a location that is the envy of its competitors. The Wharf Shed Restaurant has been operating successfully from this site for 14 years and due to a change in personal circumstances is now being marketed for sale.

Restaurant guests have the opportunity to dine inside or out and watch the activities of the Whakatane harbour and working fishing vessels. The restaurant has recently been awarded the NZ Beef and Lamb Award for the fifth time and this is an indication of the calibre of the restaurant. Quality and service are hallmarks of this restaurant and currently there are 3 award winning chefs employed. The restaurant is primarily run by staff with the owner undertaking an administrative role.

This restaurant enjoys a varied customer base from local residents to both domestic and International Tourists. The progressive local tourism Industry in Whakatane bodes well for the future of this iconic eatery.

The current owner had no previous restaurant experience when he purchased this business and has advised that personality and administration skills are the key attributes required for this business.

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Net Surplus: $476,990 EBPITD, $325,649 EBIT
Contact: Toni Palmer
Office: Tauranga

Bay of Plenty Location

This award winning business has been operating for the last 12 years and has carved itself a strong position in the market place with customers NZ wide. The company’s products are innovative and R&D ensures that they are constantly improving their range. The company is known for it’s first to market approach with innovative products. Renowned for being a one stop shop for marketing and display products their clients include some of New Zealand’s highest profile brands and market leaders. Products are sourced from a range of suppliers with some imported directly. They have some of the latest equipment which allows them to compete competitively with other New Zealand suppliers. New state of the art software was purchased and implemented last year which provides exceptional management control and reporting within the business and helped boast management and production control.  The company has a well established brand and a trusted name in the market.

This business has bucked all the current trends. During the earlier part of 2009 the directors invested in new machinery and technology. This has been a huge benefit to the business improving sales without incurring any further staff or overheads. As a consequence of this the profit has jumped balking at all talk of recession. Growth has been steady in sales and constantly improving but the real growth has been in the bottom line.

New products are also being added at present and these should open new market areas and opportunities.

There are 2 partners operating this business currently so a new owner could put themselves in either role. One takes care of the day to day operation and administration while the other works in sales. They are backed up by a strong team including sales and production managers plus full-time admin making up 8 staff plus 2 owners.

A new owner would require management, administration and/or sales experience. The current owners are prepared to stay on in the business for an extended period to ensure a smooth transition.

Both the owners wish to cut back on their work as they look towards retirement hence their ability to offer a suitable transition period.

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Net Surplus: $195,000 EBPITD YE 2010 to one working owner
Contact: Toni Palmer
Office: Tauranga

This business has made itself a firm place in our local horticulture industry by supplying good reliable service to fit in with their customers requirements. They are able to deliver this service consistently to meet their customers expectations because they have well documented systems and processes, place major emphasis on the right staff and training and keep their plant in top working order to minimize disruptions. The seasonality of horticulture means everyone must work to the timetables dictated by the crops so it is very important to the customers that they can rely on the industries that service them to be there when it counts.

A truly consistent performer with good regular returns being achieved. There is opportunity for growth with work being turned away currently. A new owner may opt to capitalise on this and move the business to the next level.

There is a core of staff that work with the owner on an annual basis and then the staff numbers swell up to 10-12 to meet the seasonal demands. Staff are not difficult to find and good training systems and techniques generally ensure only the best staff are employed.

Both owners work in this business. One is full time with the operational side and the other is part-time on the administration.

The skills required to run this business are primarily organisational however some practical skills would be an advantage.

The current owners will train a new owner and the business will have some quieter months coming up where it will be ideal for a new owner to learn at a manageable pace prior to the start of the season.

The owners are now developing their own orchard and wish to focus on this.

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Net Surplus:
Contact: Paul Brljevich
Office: Tauranga

TAURANGA

Turn Around Owner Required

Everyone dreams of finding a business with good “bones” that has fallen on hard times and where they can use their passion and skills to turn it around. This business qualifies.

Here is a chance to buy at the bottom of the building industry cycle and to grow with it. Figures show exceptional past performance and all the structural and brand elements have been retained but a spread of focus from the current owner has seen this business suffer. This business is a member of a well known group which is a leader in its field. It has been operating in the area for over 30 years and has an established customer base. This business has not been immune to the recession and in particular the slow down in the building industry. Due to the vendor having other business interests this business has not received the management attention it requires and is being taken to the market for plant, equipment and stock plus minimal intangible value to recognise the brand.

This business requires a hands-on owner to be involved and implement management processes to return this business to the profitability that it has achieved in the past. The manufacturing group have recently launched a new product which has been positively received by the market and supply and installation agreements are being negotiated with high profile national clients. The basics are in place but requires a focussed owner to realise the potential.

The business is being marketed at Plant/Equipment and Stock value with a minimal amount for the benefit of the group association and brand.

The vendor has the opportunity to expand one of his other business interests and has realised that this business requires a hands on operator to fulfil its potential.

The vendor is prepared to provide an extended period of assistance as there are synergies between this business and his other businesses that he wishes to maintain.

Plant and Equipment $120,000

Stock $ 50,000

Benefit of Group $ 25,000

Total $195,000

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Net Surplus:
Contact: Paul Brljevich
Office: Tauranga

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.

One of our business clients is looking to sell his third share investment in a purpose built hospitality building at 100 Casement Road, Whangamata with a long lease and solid tenant. The current rent paid for the premises is $85,000 plus GST p.a.

There is a possibility that the other two shareholders would consider selling if a purchaser was interested in an outright purchase.

Tenant

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:  24^th April 2007

Term:   18 years 1 month

Final Expiry Date:   24^th May 2025

Rent Reviews:   2 yearly from 24^th May 2007

Proportion of Outgoings:   100% paid by Tenant

Land Area:   870 square metres

Current Rent:   $85,000.

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Net Surplus: $101,480 (03/10 EBPITD) $51,480 (03/10 EBIT)
Contact: Paul Brljevich
Office: Tauranga

Tauranga

This business started in one of Tauranga's fastest growing suburbs in 2007. True to plan it has shown solid growth since then which should continue as both the area is growing as well as the client base. This is the largest franchised hairdressing group in New Zealand with over 60 outlets nationwide. The salons are franchised to independent owners, many of whom are business people rather than professional hairdressers. A Floor Manager is responsible for the Stylists and scheduling plus technical matters, while the owner works on admin only involving approx 10 hours per week. The business has the latest fit-out as well as the ability to expand as growth demands without moving premises. Franchise support involves assistance from Regional Managers, supplier liaison, conferences, group advertising as well staff recruitment. This provides support and security for a new owner entering this exciting and vibrant profession.

This business presents an opportunity for a person interested in the industry who sees the scope that these businesses have to earn good profits. Not having to work in the business but being able to stand back and work on the business is the ideal case scenario. The back up and support offered by the franchise is an enormous help to the owners and encourages the growth while lessening the dependence on the staff skills. It also keeps this business at the leading edge of new trends and treatments. The business is currently managed but there is an opportunity to be fully involved in the business.

The location is a key part of this business as there is limited competition nearby. It is part of one of our areas new shopping centres with attractive surrounds that encourages local shoppers. There is enough room for expansion within the current premises which enables growth with out the added occupancy costs.

The current owners have small children and other businesses which demands their focus and time.

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Net Surplus: $135,696 EBPITD
Contact: Paul Brljevich
Office: Tauranga

Tauranga

This award winning business is part of one of the oldest and largest vehicle franchises in New Zealand. Originally formed in 1987 it currently has 25 branches throughout New Zealand and Australia. This franchise has become a trusted and well known brand within its industry and can provide a range of vehicles to suit its customers needs. There is limited competition in Tauranga and the business has shown consistent results during the past two years. The fleet is upgraded on an ongoing bases which ensures a good quality product is available at all times. Customers are a mix of corporate, commercial and domestic and international tourists.

The fleet consists of 28 vehicles which are of good quality and within the franchisors policy on age and kilometre guidelines. The business operates a programme of replacing vehicles as required to keep them up to the franchisors specifications.

This is an easily operated business with 2 part time staff assisting the one working owner. The staff are very capable which provides for the owner to be absent for periods of time and cover the weekend work

This business would suit one owner or a couple. Good customer service skills is the main attribute required as it is an easily run business. Basic vehicle servicing skills would be an advantage but not a necessity.

The Vendor has owned this business for ten years and is looking to pursue other ventures.

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Net Surplus: $95,683 (3 year average) EBPITD
Contact: Jack Carroll
Office: Hawke’s Bay

High Profile Brand

Solid Financial Performance

This business has been in operation in the Hawke’s Bay since 1985 and in this time the business has built significant brand awareness amongst a diverse customer base.

The business services the flat glass and mirror market, glass doors as well as automotive glass repairs. They service a range of customers from retail stores, domestic customers, insurance repairs, and some commercial work.

The business employs 7 staff including 1 working owner. The current working owner is focused on running the business and is not involved in glazing work. The business is ideally suited to a working owner with managerial skills; the current owner does not have glazing skills.

This is an ideal business for someone who is looking for a sound financial, stable business with a great brand profile in the region and opportunities for growth through additional marketing and sales

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Net Surplus: $123,806 (2009 FY) EBPITD
Contact: Jack Carroll
Office: Wellington

This Jewellery store became an independent outlet in January 2007 and operates from a high profile corner site in a prominent Wellington Shopping Centre with a strong catchment of repeat customers.

A key point of difference in this business is its independent status and ability to hold a wide range of product without restriction from franchisor or master supply agreements. While there is a requirement for a new owner to re-brand the store its independent status and prominent location serve as strong drivers for continued sales growth.

The business is the only Jewellery reseller in the Mall complex offering watch and jewellery repairs. The business caters for the middle segment of the watch and jewellery market and is a destination store for a wide variety of customers through out the Wellington region. Revenues are made up of a mix of 25% watch and 75% jewellery sales.

Like most businesses, the economic environment in the previous 2 years have seen difficult trading conditions however this business has experienced year on year growth in sales revenues with a corresponding increase in net profit EBPIDT.

Gross sales have grown from a relatively low base of $617,101(Inc GST) in 2007 to an average of 16% per annum driving a 15% net profit (EBPIDT) of $77,754 and $123,806 for the 2008 & 2009 periods respectively.

The current owner has worked the 7 day week business for 5 years and he now wishes to spend more time with his young family.

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Net Surplus: $121,821 (09 FY) $135,440 (08 FY) EBPITD
Contact: Jack Carroll
Office: Wellington

Fully Managed Nightclub & Bar

Passive Income

This fully managed Central City Night Club provides an opportunity for a passive investment which currently generates cash sales of $19,000 per week. It is located in the hub of Wellington's entertainment district and has built a strong reputation among a repeat customer base. The venue incorporates a versatile, multi-function area with a wide street frontage capturing a growing passing trade while an upstairs mezzanine area provides an ideal private functions facility with an outdoor balcony.
A long term lease is in place with security of tenure to 2024 and a current rental of $2,900 per week (+ GST). With a management and staff structure in place, together with food and entertainment outsourced to external providers, this business can be run with a reduced owner input.

The nightclub serves food, beer, wine and spirits with a liquor license allowing trade to 6 am. The business operates under an outlet support agreement with Lion Nathan with an independent supplier providing wood-fired pizzas cooked on-site. Its main customers are students from the nearby campuses of Victoria and Massey Universities in addition to its main passing trade which occurs from Thursday to Saturday.

The business' peak revenues coincide with start of the academic year around February and March. Net profit EBPITD for the 2009 financial year was $121,821 (after management expenses) from revenues of $868,442 (+ GST).

There are opportunities to grow the revenues and profit by driving the private function business, promoting events, as well as extending into daytime trading hours

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Net Surplus: $635,000 (Average over 5 years) EBIT
Contact: Jack Carroll
Office: Wellington

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.

 The EBIT performance of the business reflects the current market and in previous years has been considerably higher. The sale price of the business reflects the average performance over the past 5 years; hence there is considerable upside for a purchaser when the contracting market improves. There are signs of this already happening.

 The sale price of the business is based on:

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.

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Net Surplus: $234,591 (2009 FY) $156,398 (2008 FY) EBPITD
Contact: Jack Carroll
Office: Wellington

Growth Opportunities - Limited Competition

Concrete Cutting & Drilling Services

This business has been run remotely by the current owners and the majority of revenues are driven from a stable group of existing and repeat customers. This business provides growth opportunities that would suit either a working proprietor with management and business development skills or it would be an ideal acquisition for an established operator in the construction and/or contracting industries where the absorption of overhead costs and transfer of profits could occur.

With an inventory of modern up-to-date cutting and drilling equipment current and future revenue drivers for this business include:

• Existing and proposed commercial and infrastructure projects throughout the Wellington region
• Compulsory strengthening requirements for existing commercial buildings and
• On-going maintenance and upgrade work for a major SOE.

In addition this business has undertaken specialist underwater cutting and drilling work on wharves and boat ramps for local body and port authorities.

This business has generated profits of $234,591 and $156,398 for the 09/08 years respectively. The business is valued based on the lower 2008 earnings and the opportunity exists to increase earnings based on one large project, increasing a purchaser’s return on investment.

Established in 2004 this Business provides a range of concrete cutting and drilling services with 2 full-time Wellington based employees and is run by 1.5 working owners based outside Wellington. This business has positioned itself in a niche position in the market place with preferred supplier status and established customer relationships with several large industry participants across the commercial and residential construction, infrastructure and roading industries. While this business does have competitors it is in a specialist area of the industry where competition is limited.

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Net Surplus: $55,000 (2009) EBPITD
Contact: Jack Carroll
Office: Wellington

Growth Opportunities

Based in the Wellington CBD since 1994 this Beauty Therapy Salon enjoys steady repeat business from a database of 500 high-value clients. The business employs a team of 3 qualified professionals including one working owner and provides a wide range of products and specialised treatments for both men and women. In addition to therapy services the salon sells skin care products. This business will suit a working owner who is involved in the industry or someone who is looking for a great business with good growth opportunities that is easy to run.

The business operates 5 days a week from a purpose built central city location with 4 treatment rooms that are the envy of most competitors. There is a lease in place with 1 year remaining and a 3 year right of renewal. This business generated revenues of over $200,000 (plus GST) for the 2009 financial year with profits of $55,000 to one working owner. The sale price includes stock skin care products of approx $14,000.

Sales are generated by repeat customers and website promotion along with marketing to nearby hotels and monthly e-newsletters. This business has excess capacity to hire additional therapists and further promotion could be undertaken to drive this business beyond its current level.

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Net Surplus: (2010) $101,473 EBIDT
Contact: Jack Carroll
Office: Wellington

Stable Cash Flow - Excellent Opportunities for Growth

This premium indoor sports facility delivers professional standard gymnastics, trampoline, cheerleading and movement programmes. This established business has: 

• A wide and affluent customer base
• Prepaid subscriptions providing positive cash flows
• Strong and exclusive branding
• Competent management team in place with 15 specialist coaches.
• A range of modern up-to-date equipment
• A specialist apparel shop with new online ordering facility
• Repeat customer base creates a natural barrier to entry
• This business has a solid platform for growth.

An ideal buyer for this business would be someone with management and business development skills who could take this operation to the next level. This will suit  those who either wants to work in the business or have a passive involvement.

The primary audience is children’s gymnastics in the 5 – 15 year age groups as well as providing holiday programmes and adult classes. Programmes are run in conjunction with school terms with fees payable upon registration. These pre-payments ensure placements in the classes and provide a positive cash flow for the business.    

This business has excellent systems in place with a very strong brand and business formula that is primed for expansion. The proprietors have implemented robust systems and processes that can be duplicated through a Franchise/License model which provides a purchaser an opportunity to expand this operation beyond that of its Wellington based location.

This business generated revenues of $386,000 (+GST) for the 2010 FY with a profit of $100,000 after management costs. A lease is in place with further rights of renewals providing ample time value to 2018.

The proprietors are looking to pursue other interests.

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Net Surplus: $180,000 for 10 months. EBPITD
Contact: Jack Carroll
Office: Wellington

Lower North Island

Business Priced on 9 Months Performance

This is a fantastic opportunity to purchase the largest vehicle recovery (Towing) business in the Lower North Island. It has, 24 years of history, a very strong brand, great reputation and really strong customer base making it a small business award winning company.

It is a relatively easy business to run with the bulk of its services provided to insurance companies, NZ Police, City Councils and other commercial organizations. Its reputation and quality of service has positioned the business to gain work from national insurance companies and the NZ Police.

The fleet of vehicles is in top condition and no additional capital expenditure is expected to maintain current levels of income. The business is managed by the Operations Manager on a day-to-day basis with very little involvement from the current owner. The owner will need to be involved in business oversight and commercial management. The size and scale of this business provides it with a competitive advantage in the industry as other competitors are too small to service the larger customers.

This business will suit someone who is looking for a solid business with a great financial track record that is a leader in its industry and requires minimal input from the owner to continue on its exceptional performance.

The business has contracts with national insurance companies for the lower North Island. They also provide services to NZ Police and the District Courts and City Councils on a rostered basis. This results in very secure cash flows with minimal debtor challenges.

The business employs 10 staff, has an annual turnover in excess of $1 million and net surplus for 10 months of $180,000. This business has been priced and valued based on its 10 months performance of $180,000. Additional profit over and above the $180,000 will just make the return on investment for the purchaser more attractive.

Included in the purchase price are assets with a book value of just over $120,000. The market value/replacement value of these assets is considerably higher as they are purpose built for the vehicle recovery industry.

The owner has other business interests that he wishes to pursue.

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Net Surplus: Cash Surplus: $180,000 estimated for 2011 financial year. EBPITD
Contact: Jack Carroll
Office: Wellington

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:

• A new owner can drive the marketing and promotional effort and substantially increase occupancy rates

• The property can be subdivided into 3 lots (maybe more subject to council approval) and sold with existing buildings based on current zoning or;

• A combination of both of these options where the owner splits off the camp and sections and sell separately

• Develop for alternative use - rest home village, holiday park

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.

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Net Surplus:
Contact: Jack Carroll
Office: Wellington

This is an opportunity to invest in a unique clothing brand that has great potential for overseas markets. The brand has been around in New Zealand for 7 years and is already sold in the Japanese market to a limited extent. It is sold in New Zealand through a branded outlet and it receives rave reviews from tourists and overseas customers.

The brand and clothing range is not subject to the whims of fashion as it is designed for the everyday leisure wear market for an older affluent clientele. It's design is contemporary and will suit multiple international markets e.g: USA, Europe, Asia.

The range of clothing is manufactured in New Zealand and the current owner has the ability to scale up production to meet an increase in demand.

The current owners are looking for an investor with the capability to expand the distribution footprint in international markets. The current owners are open to the level and type of investment offered and will work with the investor to support the expansion.

This opportunity will suit someone with the experience of developing and growing businesses in international markets.

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Net Surplus: $205,000 average over 3 years 2008 to 2010. EBPITD
Contact: Jack Carroll
Office: Wellington

Representing Leading Brands

Growth Opportunities

This food broking/distribution business manages the sales of some leading brands in the majority of local supermarkets in the Lower North Island region. In the past 10 years, it has earned a great reputation because of its passion and knowledge to satisfy all food producers’ needs. The cost of running a professional sales team has soared over the last decade. This has led to the decline in the number of food manufacturers and brand owners employing their own sales teams to service the independent trade.

This business is the local representative for a variety of supermarket brands in the lower north island dealing with both Progressive and Foodstuffs supermarket chains. Their income is earned through a commission on sales of their representative brands through the supermarket chains. As such it is a very easy business to run and manage with no stock holdings of their clients’ products as the majority of their clients products are warehoused in the central distribution centres for the two supermarket chains. They also represent a number of smaller clients whose products are not warehoused in the centralized supermarket distribution centres. In these cases they store stock on behalf of those clients and deliver direct to supermarkets in the lower north island. 

They represent a number of household names in the chilled food segment and are seen as leaders in this segment in the lower north island. There are opportunities for growth by taking on new brands and expanding into dry goods and other segments.

This is a business that is very easy to run, has a strong client base, and will fit relatively easy with an existing sales and distribution business or run as a standalone entity.

The business employs 7 staff, plus 1 working owner. It has an annual turnover in excess of $800,000.

The owner has other business interests that he wishes to pursue.

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Net Surplus:
Contact: Jack Carroll
Office: Wellington

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.

The business is used by 12 clubs at present with an annual recurring income of approximately $20,000 per annum and additional revenue for ancillary services. To date the growth of the business has focussed on developing and proving it as the leading management system in the market and sales have been by word of mouth and through local networks. The current owner believes that there is a significant opportunity to grow the business with a well planned and funded approach to expansion.

There are 16,000 sports orgs in NZ and 96,000 sports organisations in Australia this will be the initial target market for growth.  The market extends beyond sports organisations.

The Software is written in PHP, SQL, C++ and the existing development and production technology environments have successfully supported the product enhancement programme to date. A development project is seeing the addition of new functionality and client services on an ongoing basis.

Like all business there are competitive offerings in the Australasian market. Focus on the sports market seems to be increasing in recent years and suggests this is a lucrative and developing market.

This opportunity will suit someone who has an interest or experience in commercialisation of internet services and who is willing to invest both time and money into an “early” stage business where the opportunity is significant.

An investment of $250,000 will give the purchaser a 50% ownership in the business. $100,000 of this investment will be reinvested by the current owner back into the business to fund the growth strategy.

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Net Surplus:
Contact: Jack Carroll
Office: Wellington

Turnaround Opportunity

Realistically Priced

This is an opportunity to purchase a business operating in the car rental market in Wellington. The business is being run under management and has been running at a loss for a number of years. There is an opportunity for an owner operator to buy the business at a very realistic price, take advantage of a reduction in expenses and turn the business into a profitable venture. Alternatively, this business would suit someone who is already involved in a related field and could spread the cost base over two businesses.

The business operates from premises close to Wellington Airport. The premises are owned by the business owner and the owner is flexible as to whether the purchaser of the business wishes to take on a new lease or move the business to another premises.

The business operates under a franchise agreement with a national car rental chain and benefits from nationwide coverage, marketing, on-line bookings, supplier benefits, proven systems and processes and nationwide customer relationships. A purchaser has the option of retaining the franchise or operating independently (rebranding the operation).

There are 3 full-time and 3 part-time staff employed and a total wages cost per annum at $190,000. The business is currently run under management and an owner operator could replace existing staff.

There are approximately 46 vehicles owned by the business with an insurance value of approx $245,000.

The business has a turnover of approx $400,000 and operates on a Gross Profit of 70%+.

The current owner is looking to sell the business for personal reasons.

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Net Surplus:
Contact: Damien Fahey
Office: Christchurch

Food Products; Huge Growth

In five years Canterbury Biltong (www.canterburybiltong.co.nz) has grown from a "backyard business" to supplying over 350 storefronts in New Zealand, including selected Progressive Enterprises & Foodstuffs stores. Domestic sales this year will exceed $400k + GST (25% increase on last year), and the Business Plan sees these increasing tenfold over the next five years, on the back of rapid expansion into Australia.

The business is now in a position to grow even more rapidly on the back of:

• A comprehensive Risk Management Programme (RMP)
• A refined manufacturing process
• Compliance with the Woolworths Quality Assurance programme (WQA)
• Increasing market share within Progressive Enterprises (NZ)
• Being an approved listed supplier to the Woolworths Group
• Strong enquiry from Australia, the Middle East and Asia.

An initial payment of $300,000 is required to enable the business to:

• Increase production capacity by extending the factory (or relocating)
• Purchase larger packing capacity and additional dryers
• Negotiate a more robust raw materials supply agreement
• Develop preliminary infrastructure and relationships in Australia to enable the servicing of the market
• Cement the relationship with Woolworths Australia and secure initial orders.

A further $200,000 of additional working capital may be required over the next 2-3 years, depending on the rate of sales growth into export markets.

Just having money is insufficient. The owners of Canterbury Biltong are seeking an individual who is experienced and can add real value by way of a food industry background; understanding food production processes; and/or experienced in establishing international sales channels and key accounts.

Initial Investment - $300,000.
The exact Shareholding that this investment purchases will be negotiated between the Investor and the current owner of Canterbury Biltong, who will remain with the business to implement the growth strategies.

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Net Surplus: FY 2010 $213,577 EBPITD. FY 2009 $193,167 EBPITD
Contact: Sam Williamson
Office: Christchurch

(Ashburton)

Only 5 Days / Captive Market / Excellent Returns 

It is not very often that you come across a business in this sector that makes such attractive returns from trading only 5 days per week. It is very well established, boasts a long and successful history of trading within the heart of Ashburton (South Canterbury) and offers both restaurant services and a catering service for weddings, birthdays and corporate/club functions etc. Owing to its unique circumstance it requires little stock, minimal ongoing investment in plant and equipment and fewer staff than would otherwise be the case with this type of business.

The business exhibits a history of very steady trading with very little seasonality as it enjoys a very large and captive market of regular patrons.

Growth may be achieved by increasing product pricing, improved marketing, extension of opening hours and by active sourcing of catering contracts which up to now hasn't been the case.

The business model is very simple and the business itself is highly systemised, reducing reliance on technical skills and staff numbers. It uses state of the art IT technologies designed specifically for the industry and the owner has little interface with patrons thus the level of "owners goodwill" or transfer risk is low.

The new owner of this business need not be a chef/cook as the business has a full compliment of technically able staff. Rather the business would benefit more from having an owner who has a good managerial, customer service and business development skills with which to further improve the business

This business is truly in a class of its own, enquire today and find out why.

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Net Surplus: $277,012 EBIT
Contact: Damien Fahey
Office: Christchurch

Exclusive Distribution; Commercial Contracts

This business has operated successfully within its niche market for over ten years. Products are imported and sold from a Christchurch showroom, and the business enjoys exclusive distribution arrangements with its suppliers. It sells to end-users and/or commercial clients who require these products for new builds or refurbishment, and is starting to enjoy the improvement in the construction cycle. Moreover use of these products is increasing globally.

The business supplies the mid to upper end of its market and there is one larger commercial client who in each of the last five years has purchased anywhere between $80k and $1m of product, plus the showroom generates another $1m-$1.2m annually across a variety of customers. On average around two showroom sales per day (at approximately $12k + GST each) means that only one person is required in the showroom during the week.

There are a number of clearly identified growth opportunities which include expansion of the product range with existing suppliers; adding new suppliers and product types, perhaps some vertical integration into provision of services; wholesaling into other South Island outlets; and proactively focusing on business development by way of improved advertising, networking and sales calls. Sales generated to date has either been referral and/or showroom sales and/or existing customer growth.

Product is imported from Europe and paid for in Euro, and the business enjoys 120 days credit terms from its suppliers. The level of showroom stock ($300k+) enables most new business to be"indent" i.e. product is ordered once a customer has confirmed they want it, and have paid a deposit. The balance is then paid prior to the goods being released, so a purchaser will enjoy a cash flow positive business. Within the first two months of ownership they will invoice sales that have been confirmed by the previous owner, and some time later pay for this stock.

This business will appeal to a purchaser with good business development skills; who enjoys the finer things in life; and who enjoys working with good margins! The current Salesperson will contract back for a period of time if required. The ideal would perhaps be a husband & wife who enjoys the sector and the products, with one taking responsibility for the showroom and the other focusing on business development through Architects, Specifiers and Interior Designers.

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Net Surplus: 2010 $231,443 EBPITD
Contact: Damien Fahey
Office: Christchurch

Experienced Staff; Diverse Clients;

Christchurch based

This business operates from two sites in Christchurch; has 70 agencies and turns over $100k + GST per month. Sales are consistent throughout the year and every month in the 2010 financial year was profitable, with the business exposed to a wide range of customers and industry sectors.

The business continues to trade "in receivership" and its customers are looking forward to meeting a new owner. The business also operates a Post Shop Agency which may transfer to a Purchaser. The Plant & Equipment has an "in situ" valuation of $440,000.

Key personnel include a Factory Manager with 20 years experience, a Production & Planning Manager who ensures smooth workflow and an Administration Manager who has been with the business for 20 years. This depth of experience and their relationships with customers will be invaluable during the transition to new ownership.

A detailed monthly P&L is available for the 2009-10 financial years with sales of $1.35m + GST and an "owners income" of $231k. There are 22 staff, half of which are full-time, with the balance working from 8-25 hours per week. This does not include the current owners who work the equivalent of 1.5 roles. Staff salaries and wages are approximately 40% of sales.

Investment Required

Tenders with the Receiver close at mid-day on Friday 2 July and prior to this site visits can be arranged, together with additional information as required.

Don't delay - opportunities to purchase good operating businesses with scale, whilst paying little or no "goodwill" are rare.

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Net Surplus: (07/08 $310,000) (08/09 $340,000) (09/10 $377,000)
Contact: Sam Williamson
Office: Christchurch

Semi Managed, Positive Cash Flow, Very Bankable

The opportunity to purchase this type of business is rare. The business has been operating some 40+ years and is the dominant market leader in its category. The retail aspect enjoys good levels of repeat custom from clients within the Marlborough region, and the manufacture/repair aspect enjoys consistent levels of high margin, forward work. The respective revenue stream split is 60/40 which provides good balance. Besides its own products the business retails many exclusive brands which in turn provide tangible barriers to entry.

Regardless of the economic climate, the products and services this business provides are such that they are purchased regularly by all types of consumer, and often for compelling reasons.

The business is semi-managed by the retail Shop Manager who manages the business on a day-to-day basis and customers main interaction is with the staff. The owners are a husband and wife team, they both work part-time in the business sharing one full-time role and as such there is very little "owners goodwill" risk. It is feasible that given some time the business could become fully managed for a new owner.

The business exhibits very strong financial performance, positive cash flow and has enjoyed continual growth over recent years. The business has a high level of tangible assets against which to secure funding, and given their nature, they provide a natural hedge against any downturn in business. The owners have by no means skimped on the business, they have recently installed a state of the art IT (retail management) system designed specifically for the industry and will shortly undertake a full refit of the retail space.

The owners have other business interests elsewhere and adult children with young families, they are simply looking to free up time. This is a great business that knows how to look after its owner well. It is best suited to a sole owner or couple, who have business development and leadership skills and aspire to enjoying the great lifestyle that the Marlborough region has to offer in comfort. Enquire now.

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