Franchise New Zealand - Year 30 Issue 02 – Winter 2021

Page 51

Opportunity: Auto Services

A DAMN GOOD EARNER

Touch Up Guys franchisee has no regrets

B

arrie Pengelly sums up his business in two brief sentences. ‘I’ve had it 28 years and it’s been a damn good earner all the way through. I’ve had a new car every couple of years, and would have had more than one overseas holiday each year if I hadn’t been so busy.’ Barrie has owned his Touch Up Guys franchise in South Auckland from the company’s first days here. From his mobile workshop he visits car yards and private customers, repairing bumper scuffs, stone chips, scratches and other damage to all sorts of vehicles. ‘But I’m retirement age now, and photography, my motorbike collection and some of those holidays I’ve been promising myself are becoming a priority,’ he smiles. ‘So it’s time to sell up and let someone else take over.’ In fact, he had planned to retire already but says Covid-19 made potential buyers nervous. ‘That’s understandable, but if there’s one thing I’ve learned over the years, it’s that there’s constant demand for Touch Up Guys. ‘A few years after I started the business, I had so much demand that I split my territory in two and sold half to a new franchisee. That gave me a nice capital gain, and it’s something a new owner could probably do again as I’m not covering all the potential work now by any means. I’ve been concentrating on some of the car yards, but it means the others – and so many private clients – are not getting their scrapes and bumps attended to. ‘You only need three things to be successful in this business,’ Barrie suggests. ‘People skills, an eye for detail and a good work ethic. If you

Barrie Pengelly

can bring all those three to the party, you will earn top dollar from day one – and if you want a well-established business in South Auckland, I will gratefully retire!’

Permanent demand Martin Smith, New Zealand franchisor for Touch Up Guys, says that there is permanent demand for the service not just in Auckland but in many other parts of the country. ‘Most current franchisees could work 12 hours, 7 days a week if they chose, but they usually prefer to balance a healthy income with a great lifestyle. ‘A complete Touch Up Guys package for a new franchisee costs between $88,000 and $120,000 +gst, depending on whether the mobile workshop is leased or bought outright,’ Martin explains. ‘This includes an exclusive territory, all the equipment you need, and a three-week training course followed by on-site support for at least a month. You don’t need experience – we use highlyAdvertiser Info advanced specialist equipment Touch Up Guys which makes colour matching a www.touchupguysfranchise.co.nz straightforward process. ‘So if you are looking to buy a highly successful franchise in a thriving industry, give me a call – today!’

Contact Martin Smith P 0800 286 824 M 021 721 430 martin.smith@touchupguys.co.nz

Join our friendly, forward looking team New Zealand is simply brimming with vehicles and they each need to look 110% when it comes to selling them! We are experts in quality repairs with professional training, highly polished systems and the latest in technology – making your work efficient and satisfying. We've been operating for over 25 years with our franchisees offering a wide range of services and enjoying excellent returns. This is a great time to join our franchise with new energetic franchisees required across New Zealand.

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Call Martin today to discuss the opportunities in your area 021 721 430

franchise.co.nz – PUTTING PEOPLE IN BUSINESS

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Tips For Great Franchising - Part 7

2min
page 33

12 Tips And Traps For Franchise Buyers

12min
pages 28-31

DOING BUSINESS BETTER

4min
page 9

Better Than A Rental

4min
page 55

Taxing Times

4min
pages 74-76

Spring Into Action

4min
pages 49-50

A Damn Good Earner

2min
pages 51-52

Questions To Ask About Support

2min
page 46

Building Big Business

4min
pages 47-48

Going Ballistic

3min
page 45

Passing The Test

4min
pages 43-44

Dealing With Uninvited Guests

6min
pages 38-39

What Do Excellent Franchisees Have In Common?

6min
pages 40-42

What Happens Next?

3min
pages 36-37

Drawing The Crowds

4min
page 35

For The Love Of Books

3min
page 27

People Helping People

4min
pages 25-26

Structuring Funding And Reducing Costs

6min
pages 22-24

Fast Forward

4min
page 21

Ready for Lift-Off

8min
pages 6-7

SWITCHING ROLES

4min
page 15

Jump Into Business

2min
pages 19-20

Blind Ambition

3min
pages 13-14

Winning Ways

3min
pages 11-12
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