Location:
Cairns 4870 > Regional QLD > Queensland
Investment level:
$1,400,000
Type:
Business
Industry:
Commercial Services > Automotive & Marine
Looking for a Lifestyle change with earning of a FIFO worker, here is a extremely Profitable Mechanical Business.
Extremely profitable businesses like this don't come up very often and this multiple award winning Car Care Centre is a constantly top performing business year on year and is now looking for a new owner after 25 years.
This Business has a strong reputation within the Cairns automotive repair market and has afforded the owners a captive market. and they have always felt being regional has been a strong positive rather than a negative for their business.
Currently A FIFO Worker - Exit FIFO. Own Your Own Workshop. Be Home Every Night. Live at home but earn a FIFO+ income - one of the top 3 Midas stores nationally is now available in Tropical North Queensland.
Why This Opportunity Exists
- Owner retiring after 25 years of profitable business
- Well-established, highly regarded franchise
- Long lease with excellent terms
- Only Midas franchise in the region - no direct local competition
Lifestyle & Buyer Appeal
- Be home every night, escape FIFO lifestyle
- Apply your mechanical skills to ownership
- Flexible hands-on involvement - step in as much or as little as you want
- Full training and handover included
Business Highlights
- Turnover: ~$2 million
- EBITDA: High 500k to owner/operator
- Seven experienced staff plus workshop manager in place
- General mechanical services
- Currently trading 5 days/week with the option to increase turnover by opening Saturday mornings * , fleet work, tyres
- Long history and consistent profitability
- One of the top 3 Midas stores nationally
Operational & Financial Snapshot
- Staffing: 7 employees, workshop manager ensures smooth operations
- Trading: Currently 5 days/week; opportunity to add Saturday mornings for extra revenue
- Premises: Long-term lease with favourable conditions
- Ownership involvement: Flexible - owner currently works in the business
Buyer Suitability
- Experienced diesel/mechanical fitter or tradesperson seeking business ownership
- Ideal for those looking to transition from FIFO to a stable, family-friendly lifestyle
- Opportunity for significant lifestyle improvement with proven profitability
- Upside potential by expanding trading hours
There is further opportunity to take this business to the next level with increased local store marketing and weekend trading, the business has also recently undergone a new facelift ready for the new owner.
Features and Benefits:
- Working Owner could easily earn over 500k per annum
- All staff and Mechanics already in place
- Secure long Lease in place with favourable terms
- Very loyal repeat customer base
- Business Facelift
All fields are mandatory
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