Location:
Cairns 4870 > Regional QLD > Queensland
Investment level:
$300,000 + SAV
Type:
Business
Industry:
Commercial Services > Automotive & Marine > Automotive
Acquire a well-established automotive servicing business in North QLD for $300K + SAV
- 30+ years in operation with strong brand recognition
- Can generate up to $70K to $100K in turnover per month; net profit at 8%
- Easily accessible workshop near a main road
- Perfect add-on for an existing tyre business
- Ideal for a mechanic that needs bigger premises
- One of two providers that service Atherton, Port Douglas, Innesvale
- 1,000 square metre store
- Exclusive distributor of Genie Headers
- Steady revenue with an established customer base
- Repeat customers who visit the shop every 6 months
For over 30 years, this leading automotive and exhaust specialist has been providing residents in the North Queensland region with the best vehicle servicing imaginable.
Its origins can be traced back to the late 1980s in the US, when its parent company decided to bring their automotive expertise to the Australian market.
It didn’t take long for the brand to expand with over 100 stores across the nation, and would become the largest independently owned group in the country by 1990.
In 1991, this North Queensland establishment continued the brand’s success, offering premium quality automotive services to the region including exhaust & mufflers, servicing, towbars, suspension needs, batteries, brakes, pads, radiators, wheels & tyres, modifications, and ECU tuning.
Now, after almost 30 years, the current owner is looking to move on and is seeking a motivated, car enthusiast to build on the business’s success and take it to the next level.
About the Opportunity
The business comes with everything you could need to start generating some serious revenue, which in the past has allowed the current owner to generate up to $100K in turnover per month (net profit at 8%).
This includes a young but highly skilled team, a 1000m2 store, an established customer base who also frequently visit the store every 6 months, exclusive distributor partnerships, approximately $100K worth of stock and more.
It’s also just one of two automotive businesses that service the expansive Atherton, Port Douglas and Innisfail regions.
Purchase price: $300K + SAV
Against this background, nothing is stopping you from continuing this business’s incredible success spanning three decades, and taking it even further as the next owner/operator.
If you have a passion for cars, previous experience as a mechanic or as an automotive specialist, enquire now to grab this opportunity before it’s too late and drive your ambitions forward today.
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