Internal Ref: Project Fleet
Summary
Central Qld commerical vehicle hire business with excellent fleet of cars, vans, utes and more. Experiences strong growth and is easy to run.
Location Details
Central Queensland
Potential
Central Queensland Region is buoyant
Expanding vehicle range in both amount and variety
Longer business hours
Skills
This business will appeal to either an owner-operator or an investor seeking an easy business to run under management.
Lease
The premises are owned by the vendor who is open to negotiating a suitable lease or selling the premises
Employees
Operated by the husband-and-wife team with assistance from casual staff
Reason for Sale
Current owners are looking to sell due to ill health and the desire to retire
About the Business
• Central Queensland based car, truck and minibus hire business
• FY23 Revenue $1.6m+
• FY23 EBITDA of $749k
• P&E $1.3m+
• Ability to finance against some of the value of the vehicle fleet
• Has an excellent range of quality vehicles and reputation for service
• Long established with loyal clients
• Benefits of being part of a franchise–marketing assistance, training, buying power
• Outstanding returns to either a working owner or an investor
• Easy to leverage
History
Business was established nearly 40 years ago, and the current owners have had ownership for the past 15 years.
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