Summary
Situated in Cloncurry. Major hub of mining, cattle & transport. Business consists of 3 cars & licenses 2022 Hybrid Camry 2012 Hiace Commuter WAT Maxi 2006 Hiace Commuter standard Maxi
Revenue
$280,000 pa
Rent
$0 pa
Expenses
$125,000 pa
Net Profit
$150,000 pa
Location Details
Cloncurry is situated in North West Queensland 125km’s east of Mt Isa and is the cross road for the major highways; Townsville to the border and Brisbane to the Gulf and has a permanent population of 3200 people.
Potential
The business enjoys a strong regular income from locals and existing businesses. With new mines being developed in the region and resultant growth in the town, future growth is assured.
Skills
C class drivers license and ability to gain a Drivers Authorisation and an Operators Authorisation
Hours
The business currently operates between 15 and 18 hours per day 7 days a week covered by 2 shifts per day
Lease
No Lease
Employees
Currently run by 4 fulltime drivers
Reason for Sale
After running the business for the past 13 years we are wanting to retire
About the Business
Exclusive Market Presence: With no competition in the area, you are buying a business with a dominant market presence.
Cloncurry has 2 schools, Cloncurry State School P-12 and St Joseph’s Catholic School P-9. It holds numerous sporting events and festivals throughout the year including 5 race meetings, the Merry Muster Rodeo and Beat the Heat Festival.
To boost local events, Cloncurry Shire Council is progressing a project that will see over 1,700 new grandstand seats made available at venues across the Shire. The council have also made a footpath from town out to Chinaman Creek Dam, made a recreational park at Chinaman Creek Dam for families to entertain and showcase our landscape and environment to tourists, built 9 new ‘country-style executive homes’ to help improve liveability options to promote economic development, and will be building a new 102 place Early Learning Centre during 2024 to ensure our thriving community is suitable for working families. Over the past 24 months, Cloncurry has welcomed new businesses and projects, signalling positive growth in our region.
Existing and planned major mines close to Cloncurry include: -
• Ernest Henry mine is a copper/gold mine owned by Evolution Mining. The mine opened in 1996 and has recently identified resources to extend mine life beyond 2050.
• Dugald River is 100% owned by the MMG Limited and is one of the world’s top 10 zinc operations. MMG commenced production from the Dugald River in November 2017. Due to the scale of the ore body, Dugald River is estimated to have a mine life of 20+ years to process an average of 1.7 million tonnes of ore per annum.
• Eva Copper Mine Project and 16 exploration tenements were purchased by Harmony Gold in December 2022. The mine will start construction in 2024 and has an expected life of 15 yrs.
Cloncurry also services a substantial number of second tier mines in the region as well as being a major transport and cattle hub.
Strong ties have already been built within the community by providing essential transportation services. Your role, in continuing to provide this service and as a local business owner, will make you an integral part of Cloncurry, earning the trust and loyalty of residents.
History
Taxi's have been an integral part of the Cloncurry community for over 50 years with the current owners purchasing the business in 2011
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