Bike and Automotive
Brighton l VIC
Ref: 3950233150

New listing

Top Performing Midas Automotive Franchise, Located For Sale

Top performing Midas automotive franchise, located in an affluent Bayside suburb.

This location is ready to go with long tenure available, high turnover, one of the best locations in the network being situated on Nepean Highway, giving both high visibility and with an established mix of commercial and domestic clientele built up over 25 years.

Sales of over $600K provide attractive six figure Owners Earnings.

Current owner operates under full management and is motivated to sell as family members have relocated overseas. The next operator will benefit from this established business with a potential for further growth. Ideally will suit an Owner Operator looking to maximise earnings.

The substantial turnover is very profitable making this an attractive acquisition for the astute operator. Strong cash business with minimal accounts provides a reliable cash flow.

Experienced staff in place, some have been with the franchise for many years. Plant equipment including 6 hoists has been well maintained and in excellent condition.

Fully compliant with all branding and fit-out specifications and is set for the next five years.

Owner prepared to assist new owner to ensure smooth hand over and transition.

Midas provides a trusted name, with over 30 years involvement in the Australian car servicing business and more than 80 service centres across the country.

Midas is clearly recognised as the industry leader in car servicing and tuning. As a Midas franchisee you will be part of a solid, proven and effective franchise structure with the professional support of a dedicated team.

As part of the Automotive Brands group, which has a 26 year history, this business enjoys support and a nationally advertised brand.

Midas Service Centres - provide both private and fleet motorists with a full range of services, each designed to be performed in a structured series of operating procedures ensuring faster, more efficient and performance enhancing servicing.

Price includes plant & equipment plus SAV

Full accountant prepared financials for past three years.

Visit midas.com.au for additional info

Price: $239,000
Johnston Business Sales
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Address:
74 Willowbank Drive
Alstonvale, NSW, 2477


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