Newsletters

Tabak Newsletter - June 2026

Market Update

There’s a great deal of “noise” happening at present both globally & nationally, and buyers may be wondering if now is a good time to move forward with a business purchase? The reality is that only each individual buyer will know what appetite for investment and/or risk they have, but Tabak continues to experience good levels of sales, so here is our take on things.

International

There’s very little impact that Kiwis can have on what happens overseas – that has always been the case and will never change. This hasn’t stopped people’s desire to purchase import & wholesale/direct sale businesses as the freight companies always tend to find a way around world events. The situation in the Middle East could change tomorrow – for better or for worse, and for Kiwis to put their investment/business acquisition plans on hold because of what may or may not be occurring half a world away doesn’t make a lot of sense.

Domestic

The local economy comprises a bunch of different regions, some of which are more buoyant than others, but because Tabak is a boutique brokerage we always seem to have sufficient “better businesses” that people find appealing. Our South Island team have been a little spoilt with strong domestic migration to Canterbury & Central Otago in particular, driving up demand. We simply need more good businesses to sell, having already confirmed four sales in the last six weeks, with 4-5 more currently in or close to due diligence. The businesses that we are selling provide products & services to local neighbourhoods; regionally & provincially, sometimes nationally and occasionally internationally. 

The bottom line is that international events and even some domestic “noise” is not sufficient for people to want to stop their:

• Health & Wellness regimes
• Recreational & sporting pursuits
• Entertainment (eating, drinking & leisure) activity
• Compliance requirements
• Travel & tourism
• Investment in their existing or new homes & gardens

The above are just a few sectors being supplied by businesses recently sold by Tabak. Throw in engineering, manufacturing, automotive & trades/professional services, there is still plenty happening in the domestic economy.

Fundamentals

If you are genuinely wanting to purchase a business, just check out the fundamentals. Just because one region or business sector may be struggling, does not mean that all are. For example, many South Island joinery and specialist trades businesses are absolutely on fire, and very profitable, but that’s not the inference you may take when reading the daily media or watching the nightly news. We continue to promote businesses that have found a niche or profitable market, that trade well or are bouncing back – or that simply need a change of energy and/or structure to add significantly to their bottom line.

Damien Fahey; Partner
Tabak Business Sales, Tauranga