Waikato Business News November/December 2022
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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WAIKATO BUSINESS NEWS, NOVEMBER/DECEMBER <strong>2022</strong><br />
WAIKATO BUSINESS NEWS, NOVEMBER/DECEMBER <strong>2022</strong><br />
Craigs commits to<br />
Union Square<br />
Fosters latest development project in central Hamilton,<br />
Union Square is changing the face of Hamilton’s CBD and<br />
will be a notable business hub for the <strong>Waikato</strong> region.<br />
Craigs Investment Partners<br />
(Craigs) will join<br />
other blue-chip organisations<br />
such as Rabobank<br />
and AA Insurance Service<br />
Centre, BBO and Baker Tilly<br />
Staples Rodway, by moving<br />
its operation to the last of the<br />
office spaces currently available<br />
in the recently completed<br />
Building F.<br />
As one of New Zealand’s<br />
leading investment advisory<br />
firms, Craigs has 19 offices<br />
across New Zealand and has<br />
been based in Hamilton for<br />
over 26 years. Craigs Investment<br />
Adviser Stuart Anderson<br />
and Area Manager Hayley<br />
Nelson note that they began<br />
searching for a new premises<br />
in the CBD back in 2018.<br />
“Our current premises have<br />
served us well but with a team<br />
of over 35 advisers and assistants<br />
we need more space to<br />
accommodate further growth”<br />
explains Stuart.<br />
“Our team is passionate<br />
We want to do<br />
more communityfocused<br />
activity,<br />
so having extra<br />
space will enable<br />
us to step up<br />
our involvement<br />
with charitable<br />
organisations in a<br />
variety of ways.<br />
about supporting the local<br />
communities in which we live<br />
and operate. We are actively<br />
involved with a range of community<br />
organisation and charities<br />
and provide regular educational<br />
seminars from our<br />
offices – our aim being to<br />
develop a ‘centre of excellence’<br />
for investing.”<br />
Level 2 of Building F, on the<br />
corner of Anglesea and Hood<br />
Streets, provides the perfect<br />
location and a good amount of<br />
space.<br />
“Union Square already has<br />
great community profile” Stuart<br />
continues. “Being here will<br />
help us raise the flag for Craigs<br />
and show the <strong>Waikato</strong> the<br />
strength of our brand and our<br />
long-term commitment to the<br />
Hamilton CBD.”<br />
Hayley adds that whilst<br />
the Hamilton team have well<br />
established relationships in<br />
Hamilton and Cambridge, the<br />
team works right across the<br />
region, from Pukekohe in the<br />
north, Raglan to the west, Coromandel<br />
to the east and Taumarunui<br />
to the south. With<br />
that, their community involvement<br />
– supporting education,<br />
welfare, health, sport, and the<br />
arts – is extensive.<br />
Craigs have fully embraced<br />
Fosters’ vision of creating a<br />
business hub that will encour-<br />
Members of the Craigs team (L to R) Don Jones, Kay Green, Hayley Nelson and Stuart<br />
Anderson stand in the empty floor of Union Square Building F, soon to be Craigs Hamilton<br />
office. With consent in place, Project Manager Don says the new office will be “modern, bright,<br />
flexible and worth boasting about – a truly exciting space for our staff and clients alike.”<br />
age business back to Hamilton’s<br />
CBD.<br />
“We can clearly see the<br />
future of this precinct,” says<br />
Stuart, “and the future development<br />
of the south end of<br />
town as the new <strong>Waikato</strong><br />
Regional Theatre takes shape.<br />
Combined with the unique<br />
people-focused experience that<br />
Fosters are creating, it makes<br />
for an attractive proposition<br />
for our business, our staff, and<br />
our clients.<br />
“We look forward to<br />
entrenching ourselves within<br />
the growing community at<br />
Union Square and look forward<br />
to welcoming clients and<br />
guests to our new premises<br />
very soon.”<br />
With the fitout consent<br />
now in place and the works<br />
sched-uled to commence in<br />
the com-ing days, the<br />
company is antic-ipating<br />
moving in early March 2023.<br />
Take control of your future.<br />
Buy your own business.<br />
0800 225 999<br />
LINKBUSINESS.CO.NZ<br />
Portable Cabins/Homes Rentals<br />
$EOI<br />
<strong>Waikato</strong> Surrounds<br />
· Excellent tangible assets ($6.3m)<br />
· Profits/earnings on par with commercial<br />
property yields<br />
· Great growth opportunities ahead<br />
· Central <strong>Waikato</strong> location<br />
linkbusiness.co.nz/WK00257<br />
Rick Johnson 021 911 485<br />
rick.johnson@linkbusiness.co.nz<br />
Import/Wholesale/Distribution<br />
$EOI<br />
<strong>Waikato</strong><br />
· Designed, imports & distributes B2B<br />
· Exceptional systems, well est CRM & customer<br />
relationships<br />
· Impressive sales & profits, minimal<br />
normilisations<br />
· Secure lease in place until 2028<br />
linkbusiness.co.nz/WK00274<br />
Therese Bailey 021 707 641<br />
therese.bailey@linkbusiness.co.nz<br />
<strong>Waikato</strong> Electrical <strong>Business</strong> $1,550,000<br />
SOLD<br />
<strong>Waikato</strong><br />
· Operating 25+ years, wide range of clients<br />
· Experienced, qualified staff & apprentices<br />
· Cash surplus to working owner over $600k p.a.<br />
average over last 3 yrs<br />
· Fantastic reputation, many years of high<br />
profitability<br />
linkbusiness.co.nz/WK00239<br />
Successful Engineering<br />
$EOI<br />
<strong>Waikato</strong><br />
· Established <strong>Waikato</strong> brand for 60+ years<br />
· Management Team in place<br />
· Impressive profitability to working owner<br />
· Good forward workload<br />
· “Blue chip” customers<br />
· Purpose-built offices and workshop<br />
linkbusiness.co.nz/WK00256<br />
Rick Johnson 021 911 485<br />
rick.johnson@linkbusiness.co.nz<br />
Floating Restaurant $950,000<br />
Rotorua<br />
· Asset value over $1M<br />
· 30+ years of history<br />
· $500k surplus pre-covid<br />
· Reinstate or reinvent the business<br />
· Unique opportunity to relaunch this iconic<br />
floating restaurant!<br />
linkbusiness.co.nz/WK00288<br />
Theresa Eagle 021 289 0949<br />
theresa.eagle@linkbusiness.co.nz<br />
Liquor Store, CBD Location $1,470,000<br />
SOLD<br />
Hamilton<br />
· Spacious store 500m2<br />
· Plenty of storage and large chiller space<br />
· Great location close by the FMG stadium<br />
· Excellent fit-out<br />
linkbusiness.co.nz/WK00243<br />
Civil Engineering Practise $595,000<br />
<strong>Waikato</strong><br />
· Great reputation and brand, established clients<br />
· Knowledgable & experienced staff<br />
· $250k ave earnings to 1 working owner<br />
· Opportunities for further growth<br />
linkbusiness.co.nz/WK00292<br />
Rick Johnson 021 911 485<br />
rick.johnson@linkbusiness.co.nz<br />
Busy Café on Highway $275,000<br />
Hauraki<br />
· Café with accommodation onsite<br />
· 7 days a week, sales averaging $18-19k<br />
· Secure lease & rental agreement<br />
· Loyal Client base, prime location<br />
linkbusiness.co.nz/WK00309<br />
Therese Bailey 021 707 641<br />
therese.bailey@linkbusiness.co.nz<br />
Funeral Home $350,000<br />
<strong>Waikato</strong> Surrounds<br />
· Current FDANZ Member<br />
· Large premises with Chapel & Mortuary<br />
· 3 Hearses, vehicle storage & workshop area<br />
· Earned $190k+ to 2 working owners in FY22<br />
· Located in Mid-North Island<br />
· Services a wide geographical area<br />
linkbusiness.co.nz/WK00301<br />
Reuben Silby 021 133 0624<br />
reuben.silby@linkbusiness.co.nz<br />
A Little Bit Different $190,000<br />
Otorohanga<br />
· Beautiful boutique clothing business<br />
· Well established, on-point branding<br />
· Good online & in-store sales split<br />
· SDE $94k, Sales Revenue $517k<br />
linkbusiness.co.nz/WK00308<br />
Therese Bailey 021 707 641<br />
therese.bailey@linkbusiness.co.nz<br />
Fun Family <strong>Business</strong> $949,000<br />
SOLD<br />
Electrical Contractor $695,000<br />
SOLD<br />
<strong>Waikato</strong><br />
· Multiple income streams<br />
· Reliable team of over 10<br />
· Great systems in place<br />
· Strong cash flow & good profit<br />
linkbusiness.co.nz/WK00265<br />
<strong>Waikato</strong><br />
· Established 20+ years, impressive sales &<br />
profits<br />
· Strong processes & systems already in place<br />
· Solid financial performance, $312k profit<br />
· Future growth plans already in motion<br />
linkbusiness.co.nz/WK00208<br />
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