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Waikato Business News March/April 2017

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

Waikato Business News has for a quarter of a century been the
voice of the region’s business community, a business community
with a very real commitment to innovation and an ethos of
co-operation.

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4 WAIKATO BUSINESS NEWS <strong>March</strong>/<strong>April</strong> <strong>2017</strong><br />

From the editor<br />

This edition of <strong>Waikato</strong><br />

<strong>Business</strong> <strong>News</strong> focuses<br />

in part on Hamilton’s<br />

CBD and some of the positive<br />

developments occurring.<br />

Most of us will have noticed<br />

how much building is<br />

going on and there is real<br />

evidence that the CBD has<br />

turned the corner and is re-establishing<br />

itself. Some of the<br />

focus will be different from<br />

the past and we need to embrace<br />

the fact that the CBD<br />

will develop a new identity.<br />

In parts of the CBD, retail<br />

will not be the force it has<br />

been in past years.<br />

Already there are signs<br />

that the face of the city is<br />

changing as more apartment<br />

blocks appear. This is great<br />

news for Hamilton. Nothing<br />

reinvigorates a central city<br />

more than an influx of people<br />

living there.<br />

There is so much building<br />

going on in the city that<br />

it feels like time for a stock<br />

take: Look out for more on<br />

some of the exciting developments<br />

in future issues.<br />

<strong>Waikato</strong> <strong>Business</strong> <strong>News</strong><br />

also catches up with Tauranga<br />

marketer Brett Yeatman who<br />

alongside <strong>Waikato</strong> Chamber<br />

of Commerce is bringing<br />

his successful The <strong>Business</strong><br />

Market networking model to<br />

Hamilton.<br />

We also introduce two new<br />

columnists to the <strong>Waikato</strong><br />

<strong>Business</strong> <strong>News</strong> stable, general<br />

manager of design and web<br />

development company E9,<br />

Merv Behroozi and digital<br />

media executive Pooja Gupta<br />

who with others will continue<br />

to provide more of the digital<br />

analysis I believe <strong>Waikato</strong><br />

<strong>Business</strong> <strong>News</strong> needs to deliver.<br />

Meanwhile look out for<br />

the usual insightful and practical<br />

advice from our other<br />

columnists.<br />

Lastly, I want to emphasise<br />

that <strong>Waikato</strong> <strong>Business</strong><br />

<strong>News</strong> likes nothing better<br />

than to tell great stories of<br />

business success. You just<br />

have to look around to see<br />

that this city and this region<br />

is flourishing. If your business<br />

is going well, tell us<br />

about it. The region wants to<br />

hear all about it and celebrate<br />

your achievements.<br />

Geoff Taylor<br />

Editor<br />

MONTHLY POLL<br />

Vote and win<br />

Sponsored by the Helm Bar<br />

and Kitchen<br />

This month’s poll<br />

Hamilton ratepayers currently pay on average less than their<br />

Dunedin counterparts, according to information supplied by<br />

Hamilton City Council. The council’s leadership has warned<br />

that ratepayers may need to accept large rate rises if the city is to<br />

continue growing at its present rate.<br />

Vote on the WBN website (www.wbn.co.nz) and fill in the<br />

entry form to be in to win a meal voucher for two at The Helm<br />

Bar & Kitchen. Voting closes Monday <strong>April</strong> 21.<br />

Last month’s results<br />

Which of the three planned housing areas do you think<br />

should have top priority?<br />

The need to develop Peacocke to the south of Hamilton<br />

seems to have been well recognised by our readers as 58<br />

percent pinpointed that development as top priority. Rototuna<br />

(21 percent) and Rotokauri (21 percent).<br />

58%<br />

21%<br />

21%<br />

Would you be prepared to pay<br />

higher rates to pay for growth?<br />

A. No way, they get enough now<br />

B. Yes, we’re a growing city<br />

Cast your vote at:<br />

www.wbn.co.nz<br />

WINNER OF THE HELM DINNER VOUCHER IS:<br />

Barry Thompson<br />

21%<br />

21%<br />

58%<br />

Peacocke<br />

Rototuna<br />

Rotokauri<br />

Time for change?<br />

Niche Retail with Strong Online Presence<br />

<strong>Waikato</strong><br />

Sales & Installation - Very Impressive!<br />

<strong>Waikato</strong><br />

Scott Laurence<br />

027 473 5425<br />

Impressive <strong>Waikato</strong> business which trades profitably with thousands of customers NZ<br />

wide and with a quality product range (sports related). A market leader with annual<br />

revenues of $2.5 to $3 million, leading to an underlying profit (EBTIDTA) that exceeds<br />

$350,000. A fully integrated POS / stock management system and trusted brand.<br />

POA<br />

Graeme Finch 027 495 3413<br />

Ref 28094<br />

An impressive and established Hamilton based business which presents an ideal<br />

opportunity for a buyer with well developed business management skills. Highlights:<br />

Significant growth in sales and profit evident last three years. Annual profit (EBPITD) now<br />

exceeds $300,000 with minimal current owner input. A full complement of experienced<br />

and capable staff are in place. A strong brand with quality products.<br />

Asking $820,000<br />

Scott Laurence 027 473 5425<br />

Ref 28370<br />

Tony Begbie<br />

029 200 6515<br />

Franchise Café - $200K p.a. Lifestyle<br />

<strong>Waikato</strong> Town<br />

Logistics and Distribution<br />

<strong>Waikato</strong> Based<br />

Graeme Finch<br />

027 495 3413<br />

Established franchise cafe, with main street locality, good premises, diverse clientele,<br />

& consistent profitability. With Robert Harris’s NZ wide re-branding program, the<br />

new owners get to redesign their Café & potentially grow weekly revenue. A sort<br />

after chance to enjoy a six figure income, and desirable provincial town lifestyle.<br />

Asking $245,000<br />

Tony Begbie 029 200 6515<br />

Ref 26542<br />

A unique opportunity to own one of the North Island’s premier privately owned logistic<br />

and distribution companies. With a track record of over 18 years, this business has built a<br />

reputation as the pick of the bunch when it comes to reliability, on-time deliveries, attention<br />

to detail and a growth strategy that sets them apart. A very impressive average EBPIDTA<br />

of over $400k is evident with numerous national contracts in place with blue chip clients.<br />

Competitively priced at $1,500,000<br />

Greg Dunn 027 293 0377 Graeme Finch 027 495 3413<br />

Ref 28302<br />

Greg Dunn<br />

027 293 0377<br />

Craig Paul<br />

021 786 496<br />

AUCKLAND WAIKATO BAY OF PLENTY ROTORUA - TAUPO HAWKES BAY MANAWATU WELLINGTON CANTERBURY OTAGO<br />

www.businessesforsale.co.nz<br />

Licensed REAA 2008

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