Finding The Perfect Fit
Nick Giles & Rafiq Bhamani
Auckland, April 26, 2024
Finding the right business for you is key to ensure a smooth and prosperous transition. Working with brokers who are devoted to helping you find a business that aligns with, and reflects your ambitions and values, is essential.
Rafiq Bhamani’s success as a broker reflects his dynamic and proactive disposition. With 15 years of experience in warehouse and store management, with 8 years working as a director, shareholder, and operational manager for a food franchise business, Rafiq has developed a specialised skillset and unwavering appreciation and love for the hospitality industry.
Transitioning to become a broker with LINK Business, supporting buyers and sellers in the hospitality and food service industry, Rafiq has a repertoire of exceptional results, earned through his interpersonal and administrative skills and extensive cross-cultural exposure.
LINK Business’s Head of Hospitality New Zealand, Nick Giles, is a seasoned, multi-award-winning broker with a passion for the hospitality industry. Having bought, successfully operated, and sold his own café, Nick’s passion for hospitality is derived from his own personal experience. Pivoting to become a broker, Nick is driven and enjoys the process of advising buyers and sellers in the hospitality industry, taking great care and pride in understanding the unique ways in which individual business’s tick to ensure he maximises the value of each business for his clients to earn a satisfying outcome.
Rafiq and Nick’s combined depth of experience in broking with LINK Business, and business ownership in the hospitality and food service industry, is unparalleled by any other. This firsthand knowledge and understanding of challenges, investment, and care that is involved in searching for and owning your own business, has enabled Rafiq and Nick to support their buyer clients to find the best possible match aligned with their independent, personal, and professional goals and needs.
Jeelie Christopher and husband Chris were looking for the right business for them and their family for six months. Allan, the couple’s youngest son, described the search as a bit of a mission.
“There were several options, but nothing seemed to click,” said Allan.
This is where Rafiq stepped in. Allan shared that Rafiq was patient and determined to help the Christopher family find their dream café.
“Then one day he introduced us to Percy Café, one of Nick’s listings.”
Percy Café was the answer to what the Christopher family had been looking for.
“Owning a café was a dream for us and we were after a business that was already stable and successful and that as a family we could jump into and add value.”
Allan explained that Percy Café is the family’s first venture in owning a hospitality business, and one that they are incredibly thankful to have had the support of Nick and Rafiq.
When Nick and Rafiq introduced the family to Percy Café, it was love at first sight. Its location by the airport was perfect and allows the family to leverage the corporate area and the café’s well-established clientele to earn revenue from the get-go.
Allan continued that the café itself was also well-structured with efficient processes in place. With the perfect match found, Nick and Rafiq worked day and night to put together the right offer, to satisfy both the buyer and seller. The level of professionalism and confidence with which Nick and Rafiq conducted negotiations put Jeelie, Chris, and the rest of the family, at ease.
“They made sure the sale and purchase agreement covered all important clauses ensuring a smooth transition for first-time buyers like us.”
Nick and Rafiq’s commitment to delivering service excellence, and their clear communication and care with every detail of the negotiation, helped to bridge the gap between an experienced seller and novice buyer, ensuring that both parties were on the same page.
Lending their personal expertise to Chris and Jeelie, Nick and Rafiq’s insights into the hospitality industry both as brokers and with their personal histories in the industry were essential facets that helped to make the transition as smooth and seamless as possible.
“Post-sale there was a lot to learn but Nick and Rafiq were there every step of the way helping us understand the intricacies of the industry. From food costs to staff structure, their support was invaluable.”
The success and smooth transition of this business purchase is reflected in Allan’s comments, as he shared that, should the Christopher family ever look to buy another business, LINK Business’s Rafiq Bhamani and Nick Giles would be their first call.
“I couldn’t recommend them more.”
Allan’s glowing account of working with Nick and Rafiq is an example of what can be achieved when working with brokers, and a business, that cares about both meeting and exceeding your expectations to get you the best possible result.
Sharing that the family was super proud to be the new owners of Percy café, he continued to sing Nick and Rafiq praises.
“If you’re ever looking to buy or sell a business, trust me Nick and Rafiq are the best in the game.”
Nick Giles shared that he and Rafiq were delighted to have helped Jeelie and the family buy the fantastic Percy Café.
“This is an exceptional business opportunity and a perfect fit for Jeelie & Chris and their family,” says Nick.
For more information about the ins and outs of selling or buying a business, or if you are interested in inquiring about and employing the service of LINK Business and its exceptional brokers Rafiq Bhamani and Nick Giles, reach out through linkbusiness.co.nz or call 0800 546 528.