ABC BUSINESS

WELCOME

Hi,

SELLING YOUR BUSINESS

Are you prepared?

A common mistake made by most business sellers is putting their business on the market before it is ready. As a business seller, you should ensure all documentation and financial material is at hand. If you don’t, you will have potential buyers hanging around, losing interest and moving on to other business opportunities.

You will also have wasted valuable money on advertising and run the risk of losing any confidentiality. It has taken a long time to build the business into an asset of value so surely it is worth making sure the sale process is properly managed.

To find out more about how to prepare your business for sale, call either Steve Smith or Richie Lowe on 09 630 1600.

Regards,

Steve Smith AREINZ
MANAGING DIRECTOR

MINK CAFE PARNELL

Often sought, seldom found

Mink is a local Parnell icon occupying possibly the best position on one of Auckland’s most exclusive main streets. It has a reputation for relaxed dining in a stylish atmosphere and sets the benchmark in urban sophistication.

Anchored to a spectacular corner site enjoying all day sun, Mink is well patronised by café aficionados, from die-hard regulars and casual visitors, to local and international tourists. Grab an outdoor table or a cosy chair inside and keep a lookout for your favourite TV personality or sports star. This is celebrity central and is definitely the place to be and be seen.

It comes as no surprise that Mink turns over in excess of $1.6million per annum, and averages around 30 kg of coffee sales each week. On these numbers it is not hard to see how much money an owner can make, and I am happy to discuss the details with interested buyers. This is a rare opportunity to secure a landmark site with a business that stands head and shoulders above the crowd.

To find out more, please call Dale Truong (021 274 0079) in confidence

Click here to learn more.

BUSINESS SELLING TIPS

Go for gold with great planning

Selling a business can - and does - run smoothly when it passes through experienced hands. Below are some useful pointers to get you, or your clients who may be wishing to sell, on the right track.

What’s it worth?

The burning question on the lips of every potential vendor is always: “How much can I ask?”. It is a fair question because there’s a lot at stake. Research into recent sales of similar enterprises will help, but we don’t believe it gives the overall picture. Vendors need to be 100 percent sure that the price they ask reflects their business’s true worth.

Plan, plan, plan

Careful planning is a must for vendors wanting top price for their business. Enlisting the help of an experienced business broker takes the load of the sale from the owner's shoulders. Affiliated Business Consultants Ltd (ABC) is New Zealand’s largest business brokerage with more than 20 years’ experience, and specialists in every area of commerce. Our brokers will help you or your client plant a dynamic marketing campaign so that marketing dollars are wisely invested – saving you or your client from costly mistakes.

Is there anybody out there?

Yes – buyers ARE out there. They may even be on our books right now. The market is strong, especially for businesses demonstrating profits in excess of $150,000. ABC brokers know just how to approach potential buyers, quickly and discreetly. And they know, with a little planning, how to achieve great results for their vendors.

Call us at 09 630 1600, toll free on 0800 180 222, visit our website www.abcbusiness.co.nz or email Managing Director Steve Smith (AREINZ) on steves@abcbusiness.co.nz