Tabak Business Sales recently celebrated its 20th year of business brokering with an anniversary function at the Tauranga Club.
Invited guests included many accountants, lawyers, bankers and other professionals who have supported Tabak during the past 20 years.
Tabak established itself as a boutique business brokerage two decades ago focusing on selling quality businesses to serious buyers. Kevin Kerr, a Tabak director, said he believed its success had been based firmly on sticking to Tabak’s specialist sector – business sales.
“We achieve outstanding results by selling only quality businesses that show sustainable future profits,” said Kerr.
“Our results speak for themselves – we sell 80 percent of what we list and consistently achieve sales prices within 10 percent of the listing price. It’s that focus on quality that has set us apart from our competitors. The integrity that we bring to the valuation process is a key to achieving these above-average industry results.
“We strongly believe that establishing a fair market value is vital to the successful outcome of the sales process.”
Achieving long-term goals
Fellow director Paul Brljevich said that Tabak has a passion for helping people achieve their long-term goals.
“We focus on bringing a personalised approach where our whole team can work on a project in order to achieve the desired outcome for both the seller and buyer. Our credible track record allows us to provide a superior service when it comes to selling a business.”
So what does the future hold for business sales over the next 12 months? The small business community is at the heart of New Zealand’s economy and Covid-19 has changed everything, said Kerr.
“Business owners will need to reassess their businesses and the industry they are involved in to navigate the uncertainty that lies ahead,” he said.
“There will be some businesses that will not open up, others that will struggle for a long period of time and some who are involved in shovel-ready projects that could return to normal. Yet for others they will decide to sell. It is this uncertainty that will present both opportunities and challenges. It is all about timing.”
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