Under Management MIDAS Auto Service Adelaide - Asking Price $150K + SAV

5 days ago

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Summary

Consistent revenue, repeat clients, quality systems without the franchise fees or obligations. Rebrand and Modernising Potential. Retiring owner ready to sell to the right buyer. Inquire before sold!

Revenue

$700,000 pa

Rent

$80,000 pa

Net Profit

$100,000 pa

Location Details

Central Adelaide

Potential

Establisheed MIDAS Automotive shop in central Adelaide with decades of client relationships. The current owner originally bought the business over 10 years ago and has continued to generate stable returns while the business operates without him.

Skills

Automative mechanical and servicing experience will be a strong advantage

Employees

Owner - Engages with customers, oversees workshop operations.

Workshop 2IC - Manages workshop time, supervises mechanics, conducts vehicle tests.

Second Motor Mechanic - Supports 2IC, performs vehicle servicing and repairs, follows procedures.

Reason for Sale

The owner is retiring

About the Business

Assets Included: Full workshop setup, hoists, tools, stock and fixtures

Lease: Secure lease in a city location

Staff: 2–3 skilled employees managing day-to-day operations

Reason for Sale: Retirement

Support: Up to 3 months handover + extended advisory period

This well-established automotive service and repair business has been operating successfully for many years, providing a full range of vehicle servicing and maintenance to both retail and fleet customers.

The business benefits from strong brand recognition, a loyal customer base and an excellent reputation for reliability and service quality. It operates from a prime city location with easy access and high visibility, supported by franchise marketing and consistent repeat work.

Overhead costs are streamlined, and a solid asset base is included in the sale — covering multiple hoists, diagnostic tools, office equipment and all necessary fixtures to continue operations seamlessly.

Day-to-day operations are handled by a small, capable team allowing a new owner to focus on growth rather than setup. The business is RAA-approved.

There is strong upside potential to extend operating hours, enhance digital marketing, or expand into additional services such as mobile repair or fleet servicing.

The owner is retiring and offering full handover support to ensure a smooth transition.

This opportunity suits an experienced mechanic, auto service operator, or investor seeking a profitable, secure business with an established brand and consistent cash flow.

Motivated vendor ready to sell and pass over a legacy business. Enquire and get more information now through email and text.

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