Internal Ref: 197
Summary
Business Asking Price: $70,000. Business Overview. The current owner is an investor who has completed the investment migration process. Lacking local used-car business experience, they are sincerely o
Location Details
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About the Business
Business Asking Price: $70,000
Business Overview
The lease is located on a main arterial road in Newcastle with excellent visibility and extremely high traffic flow, just about 5 km from Newcastle CBD, offering convenient access. Surrounded by multiple existing dealerships forming an industry cluster, the site benefits from a strong customer-drawing effect. At the same time, the surrounding community is undergoing renewal and development, with young families as the main demographic and strong consumption potential.
The property has a previous Development Approval (DA) for car-wash and mechanical repair use, creating additional opportunities for business expansion. The location was leased by international rental-car brand Hertz for more than 10 years, proving its long-standing advantages. The current lease runs until April 2028 with an option to renew to 2033; the rent is below market rates. The premises measure about 1,100 m², with office and workshop areas and parking for approximately 30 vehicles.
The current owner is an investor who has completed the investment migration process. Lacking local used-car business experience, they are sincerely offering to transfer the car-dealer license together with the long-term, stable Newcastle lease. A buyer with relevant experience can fully unlock the dealership’s potential and further increase profitability.
Key Advantages
- Prime Location: Situated on Pacific Highway, with convenient access and heavy traffic flow.
- Existing License: Approved for new or used vehicle sales, saving buyers from lengthy approval processes—operations can begin immediately.
- Excellent Exposure: Wide street frontage provides strong brand visibility.
- Stable Lease: Long-term lease at below-market rent keeps operating costs under control.
- Supply Channels: Includes established imported-vehicle procurement channels with stable supply.
- Growth Potential: Opportunity to expand into mechanical servicing, car-wash, finance or other value-added services to boost revenue streams.
If you are interested in this business, or if you have a car wash, repair shop, used car dealership, or a similar business for sale, please feel free to contact us.
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