Business Opportunity Knocks in Paradise

Submitted by Paul Murray on Thu, 06/12/2018 - 12:03pm

In the Spring of 2006, German traveller Lena Fischbach happened across a remote Marlborough Sounds lodge, met Kiwi journeyman Mike MacMillan and ended up with two kids living in Karamea at the top of the West Coast of the South Island of New Zealand.

Together, they have made a life for themselves and their young family by establishing two businesses; Nature aHead Hairdressing is Lena’s contribution to the family coffers and Mike set up Baker’s Creek Automotive, a successful company that provides mechanical repair services to people living in the Karamea region. The workshop is Warrant of Fitness (WOF) accredited, and this is an essential service for Karamea people to keep their vehicles roadworthy and compliant. It also provides a steady year-round cash flow for the business.
 

Hairstylist Lena trained with Vidal Sassoon in Germany and keeps the ladies of Karamea in the latest style and the men looking tidy, while Mike ensures their vehicles, tractors, farm equipment are all warranted and well maintained. He also provides a light engineering service that is of great benefit for the local community, who would otherwise have to travel out of the district for such work.
 

Together they set up a dream lifestyle that allowed them to live in a place they consider to be “paradise” and earn a good living to provide for their family. They enjoy the peace and quiet, the fresh air, the birdsong, the clean rivers, the forests and beaches, the many scenic attractions like the Oparara Basin and Heaphy Track in the Karamea region, which is western the gateway to the Kahurangi National Park. Mike loves fishing and Lena is always on the tennis court, mountain biking or hiking on the Heaphy Track or surfing at Little Wanganui.

Their kids Trevor (8) and Tilly (7) attend Karamea Area School and are actively involved in extracurricular activities like kapa haka, Irish dancing, hula-hooping, exploring the forest trails, swimming in the river, fishing and motorbike riding on the beach.

Mike sustained a back injury in 2014 that has seriously impaired his ability to run his business, and he has regrettably decided to sell it to focus on healing and overcoming his injury. This provides a great opportunity for someone keen on living in a wonderful location, to have a great quality of life and a means of earning a good living by providing an important community service. This is a chance to take the reins on an established business that has real growth potential that enables the owner to live in the paradise that is Karamea. “I love the challenge of the business, but I’m not able to keep doing it and I wouldn’t be selling it if I didn’t have to,” said Mike. It’s a great opportunity for someone and I’d love to pass it on and keep it growing,” said Mike.

 

“My business is satisfying, it’s everything I wanted as a person and as a mechanic, it’s productive, profitable and the work is diverse, which keeps it interesting, but I’ve, unfortunately, come to a point where I am unable to continue,” said Mike. “The business is integral to the community, and I want it to continue. I’m happy to assist a new owner to get established in any way I can…I just can’t be in the front row, I am physically unable to continue,” he added.

Baker’s Creek Automotive is housed in a modern purpose-built workshop that could be leased or purchased and comes with full plant and equipment necessary to immediately take over the shops many existing clients and have an immediate income. The workshop is on 1.62 hectares of land that includes about an acre of pasture land, a couple of acres of native bush and a large carpark for customers’ vehicles awaiting repair. It is located about four kilometres from the Karamea township on Oparara Road and is easily accessible and the grounds low maintenance. It includes office space and lunch room and will soon be connected to mains power.

 

Karamea is the warmest, driest region on the West Coast. It is located about 100 kilometres north of Westport and is the Western gateway to the Kahurangi National Park, the Heaphy Track and the Oparara Basin. The community of about 600 people consists of farmers, horticulturalists, tourism operators, people with Internet-based vocations and retirees all of whom have a need for automotive and mechanical services. It’s also a wonderful place to raise a family.

“The kids are not inside, behind a fence or on digital devices, they’re out and about running around, playing on the beach, at the river. It’s such an awesome place for the kids, we’ve got a great school, a great community and we love seeing our two growing up with independence and freedom,” said Lena. “After eight years here, I still love it. I get up in the morning and go for a walk, listen to the birds and the sound of the river and sea and I wouldn’t want to be anywhere else in the world.”

Business ownership options include; lease, lease-to-buy and outright purchase of the property, buildings, stock, plant, and equipment. For someone with a broad understanding of mechanical machinations, sufficient experience and with a burning desire to run your own business and live in a fantastic community surrounded by good people and spectacular scenery, great hunting, fishing, mountain biking, and a nice warm climate…This is for you.

One of the challenges of living in paradise anywhere in the world is to be able to support yourself and your family financially. Karamea is certainly a paradise and Baker’s Creek Automotive is the means for a qualified mechanic/engineer to be able to live and work in the region and the opportunity to take on and grow a business that is already established and viable.

Opportunity is knocking, all you have to do is open the door.

Please contact Property Brokers Agent Paul Murray if you have any questions, require more information or to arrange an inspection of the property, plant, equipment and the Karamea region.

Paul Murray

Ph: 0272-56-9967

E-mail: PaulMatPB [dot] co [dot] nz

Property Details: 1.62Ha

Rating Valuation
Capital Value: $158,000
Valuation Date: 1 Sep 2016
Land Value: $112,000
Valuation Reference: 18780/10315
Improvements: $46,000

Legal Information: LOT 14 DP 351316, Title: 214775

Bakers Creek Automotive Plant & Equipment Schedule:

2 x 4-tonne Hoists (1 new)
17CFM New Compressor
Strata 255 Welder (new)
Forklift
Office and Smoko Room Equip
Tyre Changer & Wheel Balancer
Container
Jacks & Drill Press
Vices & Bench Grinders
Petrol Water-Blaster (new)
40A Plasma Cutter (new)
Beam Setter & Brake Meter
Gas Plant & Sundries
Drop Saw
Pressure Testers, Tap & Die Sets, Reamers
Brake Tool Equip, PortAPower, Axle Stands
Press, Grease Guns, Drum Pumps, Jacks
Light Stands, Ramps, 40 L Sand Blaster
Shelving and Storage Containers
Diesel Workshop Heater
3x Spray Guns, Protective Gear, Bolt Cutters, Clamps
Air Hoses, Regulators, Battery Load Tester
Jumper Leads H/D, Fire Extinguishers
Gas/Arc Welding Consumables
Tig Consumables
Wall/Benches
12/24 Cebora: Jump Start/Battery Charger
Engine Stand
Back-Up Diesel Generator
Transmission Jack
Electric Water-Blaster
Grinding Equip & Associated Consumables
Numerous Air Tools
WOF Certification
Goodwill
Stock: Filters (various), Bearings, Seals, Gaskets, Heater Hose, Sealants, Paint, Fluids & Oils, Steel Plate, Clamps, Nuts & Bolts, Connectors, Wire, Lights, Tyres & Consumables.

Property Information and Ownership Options:
RE: ECO INVESTMENTS LIMITED (“ECO”) – Sale of Business: Baker Creek Auto Ltd
To Whom It May Concern
Bakers Creek Auto Ltd is currently operating at the premises of Lot 14 Sunset Heights Karamea, title number 214775. There is no formal agreement to lease in place. The current owner of the land (“ECO”) wishes to provide to the potential business purchasers some certainty in respect of ongoing arrangements by providing the following options:

Option 1: Purchase the business and enter into a formal standard ADSL lease with the owner of the land for a term of 3 years with two further rights of renewal of 3 years each, an annual rent of $17,182.61 plus GST and outgoings with rent reviews on each renewal date.

Option 2: Purchase the business and enter into a sale and purchase agreement for the land with a 20% deposit payable and vendor finance for the balance, ie vendor mortgage on terms to be agreed

Option 3: Outright purchase of the land and buildings for the price of $235,000.00 plus GST (if any)

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