Summary
Sea Change Opportunity! Thriving car hire business & fishing/snorkelling store situated on tropical Magnetic Island,North Queensland. Vendor finance available to approved buyer.
Rent
$60,000 pa
Net Profit
$250,000 pa
Location Details
45 Sooning street , Nelly Bay QLD 4819
Well positioned location on the main street of Nelly Bay shopping strip. Short walk from ferry or bus nearby. Highly visible shopfront, ample parking, easy access for customers. Accessible building with ramps and accessible bathroom facilities.
Skills
Be your own boss and enjoy a sea change. This business is fun to run. A fleet of convertible Jeeps, plus MG3's & Tucson's, the perfect vehicles for tourists visiting magical Magnetic Island. We have one car at the ferry terminal in Townsville, mainly rented by locals and the other 19 are in constant use on Magnetic Island. Our Topless Jeeps are Instagram popular and rarely top up. In the wet season they all have covers yet still retain their individual personallities and fun value. Google Jeeps on Maggie or MI Rentals to meet our amazing fleet.
Hours
Currently;
Monday to Saturday 8am to 5pm
Sunday and Public Holidays 8am to 4pm
Lease
Year 3 of 3x3x3 of lease available. The freehold property is also available for separate sale at good price.
Employees
Currently run with an awesome team of 3 plus 2 owners, giving the flexibility to have some time off, or jump in full time and save on wages.
About the Business
Magnetic Island is a vibrant, established community that tourists flock to year round. Known for 320 days of sunshine each year and stunning beaches and bays, it is truly an enviable place to live and work.
Unlimited potential with iconic topless Jeep & car hire, the only bait & tackle store on the island, fishing and snorkelling sales and hire, beach & pool toys, car batteries, ice, plus many other tourism items.
A commercial kitchen is included making it easy to run a cafe by day or a restaurant & bar at night - already council approved.
Income potential through add on sales is virtually unlimited. The building has a huge covered deck, solar, wheelchair ramps, accessible bathroom, parking and a bar window with roller shutter.
This business is profitable and comes with years of tax records and booking records, proving its outstanding growth.
The business is for sale for $440,000 including shop stock and equipment, plus vehicles at 95% of Redbook value.
There are 20 vehicles in our hire fleet;
11 Fun Topless Jeeps 3 x 5 seaters 3 x 2 seaters and 5 x 4 seaters (auto & manual).
2 x Hyundai Tucsons.
4 x MG3's.
1 x Tipper ute Local use and tourist use.
2 x Kia Soul - one on the island and one in Townsville
This business can be fun full or part time or add a manger and relax.
Year 3 of 3x3x3 of lease available. The freehold property, which includes the commercial kitchen is also available for separate sale at good price.
VENDOR FINANCE IS AVAILABLE TO APPROVED PURCHASER
Looking for the perfect sea change place to live and work? We also have a beautiful 4 bedroom house and a 2 bedroom apartment for sale. Why not talk to us about a lifestyle package? Great investments for the future with the apartment earning excellent returns in the holiday rental market.
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