Steve Smith AREINZ
Managing Director

SHOULD AULD ACQUAINTANCE BE FORGOT...

Well, 2010 was a tough year by most accounts and few will rue it’s departure. It will be impossible to forget the worst of its effects but time heals and a new year tends to bring new energy and optimism.

2011 started with most of the country bathed in  a tide of sunshine, the likes of which we’ve not seen for ages. There has also been a well needed amount of rain with many drought designated regions now enjoying greener pastures and a much improved outlook for stock and crop management. The rural sector is vital to NZ’s overall financial performance and recovery and the weather has arrived just in time.

Most of us are shaking off the effects of the extra helping of pav, and maybe one or two more fortifying beverages than usual. As always, the holiday season rapidly fades into history as we return to the realities of work. Many people use this  time of year to re-appraise their goals and ambitions and for many that can mean significant changes (apparently, US divorce attorneys say that this is their busiest time of the year!) Some people seek the challenge of new employment while others consider the benefits of being self employed through business ownership.

We usually see a spike in the level of inquiry at this time of year and we are ready, willing and able to help. Our brokers have all enjoyed their breaks and are back in the office with fresh energy and enthusiasm. If you are thinking of buying or selling, we would welcome the opportunity to meet you. Please call me or any of our team to discuss your requirements.

Happy New Year – let’s make the most of it.

Regards,

Steve Smith AREINZ
MANAGING DIRECTOR

Danby’s is a modern vibrant licensed Cafe located in Thames central shopping block in the townships main street. The current owners gave this operation a name change and complete facelift when they took over approximately three years ago along with a fresh look in regards their menu offering. The current owner/operators operate on a six day a week basis, (currently just daytimes) sales averaging approximately $8500 weekly. Whilst they did open for evening dining three nights a week during a portion of the 2008/2009 financial year with good numbers, these extra hours placed a considerable strain on their own “labour” and “ time”  resources due to them having a reasonably young family and the evening dining was discontinued.

The cafe seats approximately 40 inside and a further twelve outside for main street al fresco dining with the cafe having excellent mix of style in regards its furniture set up. The cafe currently offers a more blackboard driven menu supported by a cabinet selection of the more traditional assortment of homemade muffins etc. They are currently putting a new initiative in place, a gourmet sandwich and salad filling selection with a range of breads which is a concept that has worked well in other locations and one that will sit well alongside their blackboard menu in this type of environment. This cafe has revamped its second floor which can take up to thirty people for meetings etc and is now advertised for $120 a day hireage. There is a lack of this type of facility in Thames especially one that has food available on site for lunches etc.

This cafe has been re-established well under its new identity and is considered one of Thames best food outlets not only in the quality of its product but also its excellent ambience and general presentation. It occupies the original Danbys Building in the main street (hence its choice of name) and its makeover has played well on the historic nature of the building and the township with the two big front display entrance windows being retained along with its entrance, all complemented by polished native timber flooring. Currently trading at $8,500 weekly these people have traded extremely well through three difficult years economically to bring this up to this level from the old cafe which was only averaging approximately $2500 weekly. A large portion of the hard work including the meeting room has now been completed with good potential for new operators to realise new levels of profitability.

The menu in place at present does not require a fully trained chef. This operation being quite suitable for experienced operators as well as competent “foodies” wishing to make their mark in the cafe scene. Both the present operators currently cook at the establishment (alternate times) with one of them happy to continue in this role as an employee of any new operators should it be requested.

There is a good range of functional and well maintained equipment/plant including an under bench refrigeration and prep top unit.

Apart from the two working owners who complete 45 hours weekly each, there are two full time staff who do between 35 and 40 hours weekly, one part timer doing 23 hours weekly and three casuals who do 20 hours a week between them. The average weekly wages including PAYE since 31st March 2010 has been $2,225 although at present they are down to approximately $1,600 weekly. Forecast wage expenditure this financial year should be largely in line with last year at $113,000.

Rental is presently approximately $18,000 + GST per annum, representing less than 5% of turnover and is considered a very economic level for cash flow purposes in line with industry averages and realistically taking into account the central main street locality in the Peninsula’s main service township.

Danby’s is a fabulous cafe. The current owners have done the hard yards however family commitments have limited their ability to take this to the next level and an opportunity exists for a new operator/s with the right resources to take it to another level and to realise its potential and profitability.

Thames is informally considered the “capital” of the Coromandel Peninsula and the main gateway to and from one of the truly special parts of New Zealand. Thames offers a great slice of the Coromandel Peninsula lifestyle and services a major portion of the peninsula’s resident population all year round along with numbers that swell to over 200,000 in the area in January. The completion of the Kopu Bridge in  2011/2012 can only be seen as beneficial for the entire area with traffic numbers visiting expected to significantly increase.

This is your opportunity to be at the forefront of the new era that is about to dawn on the peninsula through the provision of far easier and hassle free access to this special part of New Zealand.

Asking Price

Asking $149,000 Plus Stock

Contact Craig Fraser
07 577 9459, 0297 701 555

Ref: 70289

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A privately owned training and development company with over 10 years’ experience working in both the public and private sectors.

First established in 1997, this is a nationwide business and an accredited and registered training provider with the New Zealand Qualifications framework. 

This business’s head office is based in Palmerston North with a small team of qualified and trained professionals located in Auckland, Palmerston North, Wellington, Nelson and Christchurch.

The business believes people are the key to business success and unless they are engaged in the business, motivated to perform, and prepared to achieve, the business will be limited in its potential to achieve its desired results and level of success.

The business works with organisations helping them to develop inspired and motivated people to improve productivity, performance effectiveness, leadership capability and results.

The company has unit standard accreditation for a number of NZQA domains and subfields  in Business Culture and Environment, Business Management, Interpersonal Communications, Humanities, Management Systems and Resources, Project Management, People Development and Co-ordination, Small Business Management, Logistics Operations, Road Transport Management, and Generic Marketing.  This provides extensive opportunities for developing programmes that are aligned to the NZQA framework, but with a flexibility and scope that is broad enough to meet the needs of the client, without being restricted by the prescriptive nature of standard off-the-shelf programmes.

For over 10 years the business has been involved in programme design and development and developing its own resource materials, and has extensive experience in supporting organisations in customising and adapting training programmes to meet their needs.

The business is well established with sound credibility and reputation for the quality products and services provided, and results achieved for its clients.

Competitive Advantages

• The business is nationwide
  
• A registered and accredited private training provider with NZQA offering unit standard based qualifications
• Adaptability and flexibility in working with organisations nationwide
• Products and services flexible and individually tailored to the specific needs of the client
• A diverse group of qualified and trained professionals with expansive and varied experience
• A developmental approach that is practical, relevant and able to be directly and operationally applied in the workplace
• Deliver measurable quantifiable results for both the participant and the business (client)
• The business provides a comprehensive and high level of support to both the participant and the clients through the resources they receive and expertise of the business’s personnel
• Training strategies that are adaptable and fit for the purpose (i.e. fitted into the organisation’s culture, technical capabilities and budget)
• The total person concept is an important integral part of the business’s philosophy which has a positive impact, not only on the individual and their organisation, but also on their families and wider community
• Programmes and Resources developed

Programmes and their respective resources have been developed, over a 10-15 year period, in such a way that they are able to be duplicated in terms of all service delivery processes, client communication processes, facilitation, NZQA assessment processes.

The purpose of this is to ensure that all client delivery and service processes of the organisation nationwide are consistent and meet the quality assurance requirements of the organisation.  All contracted facilitators and consultants involved in the delivery of the business’s programmes must be trained and qualified in the business’s quality assurance processes around service delivery, assessment and standards of practice. 

These programmes have been developed to specifically align to relevant NZQA unit standards (for which the business has its own accreditation) and may be adapted to meet specific or changing needs of both the client and/or the standard setting bodies.

The programmes have also been developed in a modularised format so that they may be flexible and adaptable to specific client needs and programme requirements.

All programmes have their own specific resource materials ,and all resource materials for the respective programmes are sourced from suppliers where the business has developed excellent long term and reliable relationships.  These resources are ordered on an indent basis, meaning the business is not carrying unnecessary levels of stock at any one time.

Each of these programmes has been delivered to hundreds of companies and individuals throughout New Zealand for over 10 years with consistently outstanding results and excellent feedback and endorsement by our clients.

Staffing

Profits

Accounts for previous three years and the current year averages $125,000 available to a working owner.

Price

Realistically Asking $325,000

Contact John Wolyncewicz
04 499 1538, 0274 454 764

Ref:40484

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Well presented, long established award winning bakery in the heart of Wellington. It has had the same owner for 20 years plus and now it’s time to move on.

Presently operating just five days only, though one could imagine a new owner would look to increase this to include weekends and thus increase business and profits.

The Landlord has indicated that he is keen to engage on an expansion which would allow for the addition of a cafe on the premises.

The Vendor is continuously being asked to cater for corporate customers and to wholesale his products but has chosen not to pursue these opportunities. The upside is clearly here, from what is already a very profitable business.

The owner changes the menu seasonally, ensuring the customers a fresh selection.

Sales are consistently averaging $10,000 per week with a gross margin of approximately 70%. The overheads are very reasonable making this a very profitable venture.

Tenancy is very secure with the current lease expiry date at 31st March 2012, tbut the Landlord has indicated a willingness to strike a new lease. Rental is very reasonable at $53,334 plus GST per annum with a rent review due by 1st April 2011.

A very rare five day bakery with shop hours of Monday to Friday 7 am to 4 pm.

Staffing levels are good with three full time staff and assisted by five part-time staff. The owner is presently working full time to cover for a baker who is on ACC. When this baker is on duty, the owner only works 15-20 hours per week. The payroll, GST etc and other financials is done by an external accountant.

A very soundly based business with genuine potential to increase business by just opening weekends, in a superb location.

Price

Asking Only $325,000 Plus Stock

Contact John Wolyncewicz
04 499 1538, 0274 454 764

Ref:40490

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