Franchise for sale: Greg Somerville seals the deal

June 2018

As network superstars looking to retire, we are proud to say that, Pete and Maryann James former owners of Think Water Marlborough, were well prepared to place the “Franchise For Sale” sign up and sell their successful water systems business.

Franchise For Sale - Greg Somerville Seals the Deal
Pete James and Greg Somerville shake hands on the successful deal

We would like to announce that on the 1st of June 2018, Pete and Maryann James handed over the keys of Think Water Marlborough to the new owner of the Think Water Family, Greg Somerville.

Originally from a farming background, Greg Somerville spent his most recent years in a successful team environment as a professional sportsman and coach, with over 60 games as an All Black. Greg is a New Zealand identity and his association with us will be an asset to Think Water, as he brings a considerable skill-set that will energise and inform the Think Water group.

While most of their career has been in the Marlborough irrigation market, Pete and Maryann joined the Think Water Franchise Group on the 1st of December 2013 to transform their existing business into a saleable entity. In 2016 they were recognised as the Think Water NZ Franchise of the Year, and over four years have built a successful and important link in the business network resulting in achieving their goal of building an attractive business for potential buyers.

While Greg’s experience in irrigation and water management is limited, he will continue to have the support and assistance of Pete James as an employee in the business for the medium term, and as a consultant after that period. The Think Water Marlborough team is stable and capable and will continue on in their roles. Greg has a good understanding of the investment and rewards associated with owning a Think Water store and is looking forward to the challenge.

Here at Think Water, we take the sale of our Franchise businesses very seriously, this successful sale is a great example of the value our support system creates. The National Support Office staff, services, and systems, combined with the national brand, and the shared knowledge within the Think Water business network were all important components of the Marlborough business’s value.

Greg has said “I have been looking for a new challenge the Think Water business Pete and Maryann have built fitted well. While I have plenty to learn, knowing I have a skilled and capable team in the business, along with the Think Water support system has made the decision to buy easy“.

While Think Water is looking forward to assisting with the further development of the Think Water Marlborough business with Greg, we will also miss Pete and Maryann. Their engagement with the other Think Water Members and the National Support Office from day one has been inspiring and a critical part of their success. Pete brought a strong marketing flair, combined with a huge depth of industry knowledge which has influenced the entire Think Water New Zealand business. We wish Pete and Maryann all the best in their new stage of life.

If you are looking for a franchise for sale sign or are interested in joining the Think Water Franchise Group please contact the National Support Office team or the New Zealand Operations Manager directly.