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Wholesale Plant Nursery

Operationally Managed - includes Residential Home - Tauranga

$4,790,000 (incl Residential Home, Land & Buildings $2,675,000; Plant, Equipment & Stock $1,915,000) - Bay of Plenty

#230320

detail

A chance to own a long standing business with 95% of the purchase price in Tangible Assets:

  • 4.66 ha of Land with a lovely Residential home as well as substantial Horticultural Buildings - registered Valuation $2,675,000
  • Plant & Equipment $515,000
  • Stock $1,400,000

Key attributes of this business opportunity include:

  • Experienced Key Management staff in place - including General and Operational Managers
  • Business has been operating since 1991
  • Strong market position which has achieved through the consistent supply of quality products
  • High Barriers to entry
  • Diversified Customer base ranging from many of New Zealand's large, high profile retailers' right through to small independents
  • A range of plants including varieties which are licensed and protected from competitors in New Zealand. This gives a point of difference from its competitors. New varieties are always being investigated to add to the growth
  • Provides an opportunity to live and work in a beautiful environment surrounded by nature. Or invest in a wholly managed business

The business is on the outskirts of Tauranga on a block of land which includes a lovely 4 bedroom home which is separate from the nursery and work areas. It is beautifully maintained and laid out to maximise the  existing land. There is more land available on site to be developed in the future to capitalise on growth.

There is an organisational structure with a General Manager and Nursery Manager in place plus a mixture of fulltime and seasonal staff. The current owner has surrounded himself with good technical people and qualified staff as he has grown the business.

The business has excellent systems and processes in place to meet the forward orders. New varieties are currently in production which will see an increase in sales. This business has had steady turnover growth and has some of New Zealand's most well known stores as its clients.

The owner is selling due to retirement.

Financial Information will be provided to interested parties.

Contact: Paul Brljevich
Office: Tauranga

Confidentiality Agreement for Business Reference 230320, Broker Name Paul Brljevich

Between Tabak Business Sales and the Interested Party.  The Interested Party must be an individual's name, NOT a company name.

In consideration of Tabak Business Sales (being any or all of Tabak Ltd (Licensed under REA 2008) and/or Tabak Business Sales Limited (Licensed under REA 2008) and their respective business brokers) entering into discussions relating to the possible acquisition of the assets or shares of any business(es) presented to me by Tabak Business Sales and specifically the business referenced above, I/We hereby agree and undertake as follows:

  1. To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
  2. I acknowledge that the financial records, customer and supplier details and other information relating to the business to be disclosed to me shall at all times remain the sole and exclusive property of the Vendor and that such information is of competitive value and of a confidential nature and that loss or damage would be sustained by the Vendor if such information should be used or divulged by me for any purpose other than the evaluation of the purchase of the business or should it become into the possession of an unauthorised third party;
  3. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Tabak Business Sales;
  4. Not to make an approach to the Vendor of any business disclosed to me by Tabak Business Sales, or the business' staff, customers or suppliers without prior arrangement with Tabak Business Sales and to refer all queries through Tabak Business Sales;
  5. We acknowledge that Tabak Business Sales is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office;
  6. If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to Tabak Ltd (Licensed under REA 2008) and/or Tabak Business Sales Limited (Licensed under REA 2008) as the case may be;
  7. If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Tabak Business Sales against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach;
  8. That all information is received for no other purpose than the evaluation of the investment potential of the business;
  9. If I decide not to proceed with the investment, I agree to immediately return to Tabak Business Sales all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);
  10. Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.
  11. Privity: For the purposes of Part 2, Subpart 1 of the Contract and Commercial Law Act 2017, the parties acknowledge and agree that the agreements and undertakings given by the recipient in this Confidentiality Agreement are given for the benefit of the Vendor and its related companies and representatives, and are enforceable at the suit of all or any of them.

Before proceeding with this Confidentiality Agreement, it is recommended that any prospective purchaser

  1. seeks legal advice.
  2. may or may need to seek technical or other advice and information.
  3. review Tabak Business Sales’ internal process in relation to any complaints.  A copy of these can be found here.
Mandatory Fields*