Many Sold - More Wanted

We have just experienced our busiest sales month in over a year! It is obvious that confidence is coming back to the market and not only are we up in numbers but we are seeing some higher valued businesses being sold. This proves that there is a strong demand for good profitable businesses at all price points.

We are very short of good listings and now is a terrific a time to sell. Our database of prospective purchasers is increasing daily, as we monitor the number of people registering interest on our website. This is also reflected by the increasing number of qualified buyers signing our confidentiality agreements seeking sound businesses with proven profits or that show genuine potential.

There are “Buying a Job” buyers – those that may have been made redundant and need to buy themselves employment.

“Lifestyle“ buyers – looking for a lifestyle (a motel or a business by the beach)

“New Immigrant” buyers – needing a business to settle in NZ

“The Investor” buyers – whose main concern is return on investment

“Acquisition” buyers – looking to grow through the purchase of similar or complementary business

Regardless of the type of buyer, they all understand that owning a business is a good investment.

If you are thinking of selling, you can be assured that there is still strong demand out there. Just call one of our specialist brokers for a confidential, no obligation chat.

Regards,

Steve Smith AREINZ
MANAGING DIRECTOR

Hooi Hing (Business Broker)

Now is a good time for buyers and sellers in many ways. For buyers there is an opportunity to secure a business at a realistic price based on actual performance. For sellers, it's good to know that there are genuine buyers who are willing to take the risk of owning a business in this challenging time.

I recommend people invest in franchise businesses for a number of reasons. A franchise is great for someone seeking: security in a proven concept; a structured operating system; support from head office; brand recognition and interaction with fellow franchisees. A franchise  will usually retain better value than an independent store so, unless you are experienced and very independent, a franchise business should be a serious consideration.

1. Proven Concept

Any franchise that you may be considering will have been proven either domestically and / or internationally. There will be an established market presence and information available on existing franchises' performance levels. You will be dealing with known variables and costings.

2. Operating Systems

Established franchises will have invested considerable time and money developing robust systems and processes. These provide the blueprint for successful business operations and allow franchisees to get up and running without the need to reinvent the wheel.

3. Brand Recognition

Trading under a recognised brand or using licensed intellectual property can be extremely powerful and very profitable. Franchisors carefully manage and protect their brands to gain maximum value and to ensure that their franchisees interests are maintained.

4. Head Office Support

Once you're up and running, you will have ongoing access to all the resources to help keep you on track. This usually includes joint marketing initiatives and group buying power. Good franchisors will be constantly evaluating their system, looking for new markets and exploring development opportunities for continued growth.

5. Other Franchisees

Benchmarking your business against others in the franchise group allows you to assess your performance objectively. There are always other people to bounce ideas off to fine tune and improve your business.

Your next action plan is to call for an appointment and to discuss what your options are. Our goal is to identify your needs, budget and expectations, and match them with the franchise that would best suit your investment circumstances.

Hooi Hing, Specialist Franchise Broker at Affiliated Business Consultants Ltd.