|
The business imports two key product ranges that are complementary, renewable and energy efficient. Whilst they each perform separate and distinct functions; they generate demonstrable payback and/or competitive advantage within their markets. There is significant opportunity to either increase market penetration with these products or increase the range of products available through their exclusive suppliers.
Key Attributes
• 2024FY earnings exceed $200k EBPITD and Covid-generated head winds are behind them
• Stock is variable and could be anywhere from $75k to $150k, plant value is negligible
• World leading suppliers & brands, exclusive to this business, proactively support the business
• Both commercial & residential markets available; some wholesale business being developed
• Excellent technology with demonstrable paybacks and/or performance efficiencies
• Fully compliant with NZ legislation
The Buyer
A measure & quote environment
• Used to dealing with the construction supply chain e.g. architects, tradies, re-sellers & homeowners
• Some technical expertise required that can be learned or subcontracted out
• Some business development or marketing skills would add real value
Sale $250k + St & Pl & WIP
Tabak Ltd licensed under REAA 2008
L001597
|
|
|
Mid-Canterbury; High-End; Multi-Site; Fully Managed; Growing
The following attributes make this business a stunning opportunity:
• Solid growth
• High tangible asset value (circa $200k)
• New machines
• Fantastic locations & premises
• Amazing point of sale and management software
• High quality fit-out
• Excellent managers and staff
• Great brand awareness
• Loyal following and huge repeat business
No experience is necessary aside from general business acumen and customer service skills. This managed business provides a great return, which is growing. 2025FY will look to provide at least $200k EBITDA based on year to date trading. Owners input is limited to only a few hours per week. This business would suit an individual or couple looking for a small, managed opportunity, or another health & beauty operator looking to expand by acquisition
Sale Price: $415,000
Net Surplus: 2024FY $156k EBITDA
Tabak Ltd licensed under REAA 2008 L001628
|
|
|
Stainless Steel; Year on Year Growth; Great Staff; Lifestyle Location -
This is an opportunity to take over an established, profitable and proven business, with a creditable history and a reputation for bespoke excellence in fabrication. The business has been servicing the Central Otago region for over 17 years.
Key Attributes
• Sales over $1.1m for 2024FY
• Good range of clients with sales very widely spread
• Plans for a purpose-built premises
• Comprehensive P&E (circa $200k Book Value)
• 50% of revenue comes from repeat applications such as bench tops and shower trays
• Remaining 50% covers a wide variety of custom, bespoke products
• No reliance on any key customer
Our Vendor is looking to slow down, and is happy to provide an extended handover. The new owner will be an experienced business professional, with the ability to maintain relationships with staff, customers & suppliers. Fabrication experience and/or a engineering background would be useful.
Sale Price $425,000
Tabak Ltd licensed by REAA 2008 L001627
|
|
|
This long standing and well know business has been in operation since 2012, and has a proven, pre-Covid track record of success. It is currently fully managed with a shut-down period of June & July.
Business Highlights
• Southern Lakes location
• Proven and profitable
• Qualmark Gold status
• Rental and tours
• Includes DOC concessions and consents, allowing guided tours in multiple locations
• Excellent website with booking systems in place
• Strong asset base (circa $210k)
• 4.9/5 Google and Facebook reviews
• Numerous growth opportunities
• Expected future profit to exceed $180k EBITDA based on pre-Covid revenue alone
The Buyer
The Buyer would ideally be located in the lower half of the South Island. This could be an ideal acquisition for an existing operator, or alternatively for an individual or couple looking for a great work life balance, with the option for being hands on or simply providing general oversight while implementing a growth strategy
With next seasons bookings opening soon, now is the perfect time to take it on and reap the rewards of this well established tourism business.
Sale Price EOI EBITDA $137,939
L001623
|
|
|
Repairs & Upgrades; Self-Containment
The Business
This business has grown from a small mobile workshop (one man band) to a well-respected Repairer & modifier of RV’s, Caravan’s & Campers/Buses, with a workshop on the Main South Road, Christchurch. Sales this FY are edging closer to the seven-figure mark, with at least 10% dropping to the bottom line as owner income (EBPITD).
Key Attributes
The following attributes make this an appealing opportunity.
• Increasing sales & profit
• Strong market demand and increasing market share
• Target audience have discretionary spend capability
• Diverse client base with minimal client risk & good cashflow
• $65k of stock & plant included in the sale price
• Newly established and very capable team in the workshop
• Motivated vendor
Reason for Sale
Our vendor started the business 9 years ago as a pre-retirement gig and it has grown further and faster than he had planned, or even wished. He wants to slow down, is seldom “on the tools” and a new owner
Sale Price $195,000
L001604
Tabak Ltd licensed under REAA 2008
|
|
|
This business has been providing an essential service to its customers for over 20 years. Key aspects include:
• Varied client base, covering the South Island
• Niche service – experts in their field
• Predominantly B2B, with opportunity for growth in B2C
• Repeat business, with yearly R&M and major works on rotation approx. every 7 years
• Capable staff
• Months of forward work ahead
• Top quality plant & equipment
• Excellent premises within Rolleston’s Izone
Owners Role
The owner spends his time liaising with customers, quoting and overseeing jobs. Due to the growth of the business, and to ensure an appropriate handover of technical skills, the Vendor is willing to stay on and work for the new owner as an employee. An allowance for this has been factored into the below earnings. Alternatively the Vendor is open to discussions around a 50% sale of the business to the right buyer.
While no specific skills are necessary, experience in the trades industry would be beneficial. There is ample opportunity for growth for a new owner that is prepared to spend time on business development.
Sale Price $475,000
Net Surplus $226,894 EBPITD 2024FY
Tabak Ltd licensed under REAA 2008 - L001606
|
|
|
This business has been providing essential services to its clients for over 25 years; and key aspects include:
• Current mix of sales is 85/15 commercial/residential but this can alter depending on the owner’s focus
• A database exceeding 350 clients/prospects which are regularly contacted
• Reasonable percentage of passive/call cycle income complemented by one-off project work
• Contracted income and good forward orders, and an extensive quotation history
• A credible and respected supplier of commercial cleaning services
• Strong brand equity reinforced by vehicle signage and staff uniforms
• Established and capable staff
• Excellent referral business
The Market
The business provides multiple services to various markets including:
• Developers & commercial building owners
• Commercial & Residential Builders
• Homeowners & Consumers
Business development; client account management; accurate quoting and staff relations are the critical success factors within this business.
The business comes with all relevant P&E including 5 vehicles, with an approximate market value of $60k for all plant & equipment.
Sale Price $395,000
L000911
|
|
|
This is a well-established and quality business model, offering a product to both the new build and renovation market. Leads are generated within the territory and dealer website and by the product manufacturer via their website. The dealer organises a site visit and does a measure up, with a quote to follow. Once the quote is accepted a deposit is paid, the product is ordered from the manufacturer and the installation is completed.
The current owner both sells and installs, albeit a new owner seeking growth could potentially outsource the installs to devote more time to selling.
Business Strengths:
• Strong growth and profitability since inception
• A good understanding of the “measure & quote’ environment is essential
• Simple and effective business model
• Design & product specification run nationally by head office
• Currently one man band – work your own hours
• No licensing fees
. Louvo has relationships with some of the largest builders and developers in the region
Sale Price $295,000 EBPITD $163,561
L001447
Tabak Ltd licensed under REAA 2008
|
|
|
The following attributes make this business an appealing acquisition for anyone with an interest in the automotive sector.
Highlights
• Sales of $2m+ GST this FY and increasing
• Multiple income streams (wholesale & retail) across several market niches
• Essential products & services, both now and into the future
• Excellent systems
• Experienced staff & strong team culture
• Sales & Operations Manager in situ
• Stock of $1m and P&E of $100k
• Owner works no more than 30 hours per week, and not in the workshop
• Market leadership within its niche
• Preferred supplier to Capricorn & Auto Shoppe members
• Wide spread of clients with no real customer risk
Buyer/Seller
Our vendor wishes to retire, that is the only reason for sale. The buyer could be:
• An individual wishing to add their management & business development skills to a market leading business
• A trade buyer keen to add circa $800k Gross Profit (after purchases & wages) to their business
This is an exceptionally good value purchase for an outlay of only $200k goodwill/intangibles
Sale Price $1,300,000 incl. stock & plant
L001512
Tabak Ltd licensed under REAA 2008
|
|
|
On track to generate over $1m + GST in sales this financial year, this business has successfully operated in its Christchurch location for over 16 years. The business has a reputation for providing excellent service and workmanship in all facets of vehicle repairs and maintenance. The vast majority of business comes from a large mix of commercial clients.
Highlights
• Continuous profitable growth
• Excellent margins
• Great local reputation
• Strong list of key clients
• Skilled team of automotive technicians
• Excellent CBD outskirts location
Opportunity
This business has been steadily growing year on year. To manage the growing demand an ideal opportunity is to open the workshop on Saturday mornings to accommodate (Currently Monday-Friday only), and also employ additional mechanics to meet this growing demand from commercial customers.
This would be an ideal acquisition for an existing automotive workshop, or alternately this is an excellent stepping stone for a qualified mechanic who wishes to make the move into business ownership. The Vendor is available for an extended handover if required.
This is an exceptional opportunity showing continued sales & profit growth into the 2024FY
Sale Price $625,000
L001494
|
|
|
Press Release: nzbizbuysell Wednesday 2 November 2016
Nzbizbuysell works with leading business brokers who have their finger directly on the business-trading pulse, such as Damien Fahey from Tabak Business Sales. Damien says they are still experiencing a strong demand for good businesses, especially from locals, that are not directly aligned with deconstruction or rebuild work. This includes the wider areas of Selwyn and Waimakariri.
“The sentiment around town is that it’s an exciting place to be part of. We have come through the turmoil, and are now making up the new rules. He says for example the vibrant cafe scene provides a great place to meet clients and do business.”
“Every year since February 2011 has been better than the one before - and I don’t see that changing. Owning your own business is not difficult; all that’s required is a good understanding of the systems, the clients’ needs, along with sound sales and management skills and some tenacity.
. It is often the best way to get ahead financially especially if it has a good cash flow and customer base. The sectors we deal in that are doing particularly well are import and distribution, import and direct sales, trades services, niche retail, manufacturing, engineering and fabrication.” He says buying an existing business cuts down lengthy set-up time and therefore provides immediate cash-flow.
|
|
|
At Tabak we like to share great ideas and information – and if you own your own business, or one day plan to – then you need to read this by e3 Accountants by clicking here.
E3 have produced a practical, simple, easy to read guide for business owners who wish to improve and add value to their businesses. They acknowledge business owners are all busy people and have accommodated this with some easy to follow suggestions that will help optimise your value when it comes time to sell your business.
Best Regards etc.
Damien Fahey
Partner
Tabak Business Sales
(Tabak Limited licensed under REAA 2008)
|
|
|
Tabak SI is on track to confirm the sale of businesses worth nearly $11m in the last twelve months – this on top of a strong finish to the 2015FY which saw over $8m of businesses sold.
If you are not on our buyer database, our best advice to you is to get in touch and register. We sell over 80% of our businesses to existing database buyers. Beyond registering, make yourself known to us! The more we know about your background & skills, the better placed we are to identify the right opportunities for you. In fact in the last 18 months several sales were made directly to a buyer we identified as being the right fit – this ensured complete confidentiality through the process.
Our South Island team of Damien, Russell and Diane are looking forward to another busy and successful year in 2016, finding you the right opportunity to purchase.
Damien Fahey
Partner
Tabak Business Sales
Email: damien@tabak.co.nz
Website: www.tabak.co.nz
(Tabak Limited licensed under REAA 2008)
|
|
|
Hi everyone,
The above pie chart shows the variety and split of businesses sold by Tabak nationwide in the last 9yrs. The SI has contributed around 28% of the sales, a statistic that we are proud of.
The bar chart shows the difference between Tabak’s marketing price and actual sale price. In 6 of the last 9 years Tabak’s total sales for that year are within 5% of where we valued those businesses. We value businesses realistically and we are usually very close to the actual result; perhaps this helps Tabak stand out from its competitors?
Rent rolls - we have a number of active buyers for rent rolls, ranging from “room by room” right up to executive houses. If you know any property managers who wish to realise their asset, Tabak can deliver them a buyer for their rent roll at good value.
If you know people seeking a good business to buy, they should contact Tabak and register as a preferred buyer; and also we welcome enquiry from prospective vendors of good businesses.
Take Care
Damien & the SI team
(Tabak Limited licensed under REAA 2008)
This email contains information that is confidential and may be subject to legal privilege. If you have received this in error, please notify us immediately by return email, facsimile or telephone (call us collect) and delete this email. Tabak Limited accepts no responsibility for changes made to this email or to any attachments after transmission from Tabak. Ltd.
|
|
|
Tabak’s corporate website is now complemented by SI specific content on this BillboardMe Tabak website; www.tabakchch.billboardme.co.nz.
This site includes information on local businesses for sale here and historical sales data, and content from previous newsletters emailed to accountants & business bankers as shown here.
As a registered buyer on the Tabak database, occasionally you will receive emails from our Christchurch team via this website and should complement the "new listing" flyers that are emailed to you.
Topics of interest could be:
* What's Hot & What's Not - in business sales
* Specific Opportunities
* Comment on recent sales and/or the local market.
If you think this may have value for your friends & family, please forward this email to them, so they can subscribe to our BillboardMe site themselves.
Enjoy the new resource.
Best Regards
Damien, Diane, Russell & Liz (Tabak Christchurch Team)
www.tabak.co.nz
www.tabakchch.billboardme.co.nz
Email: diane@tabak.co.nz
(Tabak Limited licensed under REAA 2008)
|
