Small Business For Sale Nz – Investing in a small or medium-sized business for sale can be a great way to start a career and become an entrepreneur. We look at where you can find these small businesses that are ready for sale.
Being an entrepreneur has become a reality and is easy in this day and age. According to Forbes, the barrier to entry to being an ‘entrepreneur’ has never been as low as it is today thanks to the internet and the easy way to connect with many people in a few seconds. There are many ways to become an entrepreneur whether you are starting your own business, partnering with someone, or buying a small business online.
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Buying a small business is a great way to simplify the career path and bring in a stable income. Unlike starting a business from scratch, buying a small business is low risk and can be profitable in the early stages once the product is successful and established – you just need to know where to look.
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If you are considering investing in a small or medium-sized business, this article will guide you in finding the right ones and the types of small businesses you can buy, as well as the pros and cons of investing in small and medium-sized businesses. .
Before you start looking for a business to buy, think about the industry you want to enter and the businesses in your area. There are many ways to find small and medium businesses and you can easily narrow them down if you think about what type of business you are interested in, what type of business is trending, or any business that your area may not have.
There are many ways to acquire businesses, you just need to use the best option to suit your investment goals:
Are you interested in buying a local business or a competitor in your industry? Are you looking to break into a new industry that you feel passionate about? One of the best places to get a feel for a business is to talk directly to the business owner. Do business research, ask customers and get a feel for the general business environment. If you find a business that you want to take forward, contact the owner and discuss the possibility of buying their business outright.
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Business marketers are experts in connecting businesses with potential buyers. With many years under their belt, they connect small and large businesses who want to sell their business, and those who want to buy. A business broker understands the market and knows the right questions to ask a company to get the best information for a potential buyer. They can also provide insight into the history of the business and look into further research of the potential buyer.
There are websites that list many businesses for sale. You can use this as a directory to find businesses that might be good for sales or to reach out to businesses there. You can filter by industry, location, and even price to better narrow down the options.
It’s not just big and small businesses that are available to buy. There is also an option to buy a franchise of an existing business and operate under their brand. Many franchises are always ready to work with the buyer, the most common in New Zealand are Coffee Club, Dominos Pizza, Hells Pizza, F45 and Anchor to name a few.
Running a franchise has its advantages and factors that you should consider before buying a franchise. The biggest advantage is the support you get from an established business. Everything is designed for you according to the company’s processes, value, systems and marketing materials. The only difference between buying a small business versus a franchise is that there are limitations to what you can do under a franchise. Rules and regulations are established that make the business work and deviating from them can damage the relationship between you and the franchisor. This may not be good if you want to build a unique business or want to have more influence on the systems within the organization.
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You may be tempted to jump in and buy your favorite business, however, it’s important to ask yourself the following questions before you start investing:
What time do you have? Will you be running this business from sun up to sun down, or just relax and let the staff do the work?
What is your expertise? How much do you know about business and its industry? Is this a business you can grow over time with proper planning and research?
Who will you need to hire? What kind of staff are you looking for? How many hours will they need to commit to the business?
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You don’t need special certifications to buy a business, however, there is a significant amount of planning and due diligence you need to do to make sure your business and investment is right for you. Once you’ve chosen a business, be sure to look into getting a custodial attorney to help you negotiate the sale and manage the various contracts related to the transition. This additional insurance can give you peace of mind and help your long-term business investment. If you’re looking to invest in a little Kiwi history, check out these great heritage properties for sale across New Zealand.
This historic building was Patea’s first post office, built in 1923. Currently, it operates as a Bed and Breakfast business and offers the only accommodation available in this small town. This beautiful building occupies 1200 square meters which offers a wealth of possibilities as a home business or hospitality.
Patea is a small town in South Taranaki on the west coast. It has a strong community focus and enjoys many well-equipped facilities such as a medical center, a swimming pool, and a trusted rest home.
If you drive a few kilometers further east you will find Whenuakura, where New Zealand golfer Michael Campbell grew up – he learned to play golf at Patea Golf Club.
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This is an opportunity to purchase an important part of Dunsandels history. Opened in April 1912, Old Dunsandels Church on State Highway One took just one year to build at a total cost of $700. The church held its last service in September 1971. The outbuilding became a craft store for many years before the cost and maintenance became too much and they reluctantly decided to sell.
The classic gothic style church and accompanying bell tower are the work of famous Christchurch architects England Brothers. The interior boasts many original features with a stunning round glass window. If you are a gem enthusiast looking for a unique shopping opportunity, this could be just the place to make your mark on history.
With old-world charm, this property is a rare opportunity to purchase a well-preserved piece of New Zealand’s pioneering history. Located just ten short minutes north of Kaikoura, you can fish, dive for prawns, or pick clams at this amazing beachside location. It offers luxury accommodation in a 107-year-old dairy with stunning views of the Kaikoura Mountains on one side, and the Pacific Ocean on the other.
The owner’s suite offers two bedrooms, one large open plan living and dining area that has been restored and is well maintained. Polished concrete floors and modern appliances add a classy modern twist and make this historic home extremely livable.
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The site also has money-making capabilities. It has a separate five-star apartment with three bedrooms. The open plan kitchen and dining room open through beautiful French doors to the private patio and spa pool – making this the ultimate country retreat. Current owners already have multiple bookings – providing new owners with immediate income in the coming months.
If you are looking for a hospitality venture full of people, this is the place for you. The owners reluctantly sold after family ties made a significant move.
Located in the Clutha Valley of Central Otago, the town of Lawrence is a charmingly close-knit community. With a population of around 500 and only an hour’s drive from Dunedin, this is a quiet and well-known gateway to all that Central Otago has to offer. The infamous old town was built during the gold rush of 1875. The original building was two storeys, and one of the most impressive stone buildings in Otago at the time. Now a single floor that has been meticulously restored, its beauty can still be easily seen.
The foundations are already in place to build a bustling business with plenty of history and character – with the addition of a two bedroom loft behind the old town hall. Lawrence – famous for being New Zealand’s first gold rush, is a historic city with lots of heritage, culture and art to enjoy.
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Whether it’s a place of interest, or a stop along the way – you can make your mark in this beautiful town.
Located in the small Otago town of Kaitangata, this historic gem is waiting for someone to fulfill the dreams of the previous owner, who was
