Midas Car Care Centre Cairns

Cairns & Far North Region, QLD · Franchise · Franchise Resale

Franchise Automotive Franchise Resale Brake & Clutch Service Exhaust / Radiator Service & Repairs Auto Electrical

Asking price $1,300,000

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Not checked by Business For Sale

01 · THE OVERVIEW

About this business

In the broker's words

Full description, as written by the broker

Midas is a trusted household name with over 40 years experience in the Australian market, providing a full car service synonymous with high quality, trust and attention to customer needs.

Extremely profitable businesses like this don't come up very often and this multiple award winning Midas Car Care Centre is one of the brands best performing stores in the top 3 Nationally consistently year on year and is now looking for a new owner after 25 years.

Midas Car Care Centre Cairns has a strong reputation within the Cairns automotive repair market and being the only Midas store in Cairns 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.

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, making it fully compliant with the Midas brand.

Features and Benefits:

Multiple 6 figure income to owner/operator
Secure long Lease in place with favourable terms
Very loyal repeat customer base
Well established and highly profitable store with sales over 2 Million dollars per annum
Huge Opportunity to grow the business even further with the addition weekend trading
Inspection of this state of the art workshop will impress!
25+ years Loyal and expanding customer base
Minimal Debtors with stable turnover week on week
Ample parking with many spaces
Multiple Award winning franchise nationally
Excellent Franchisor support & Systems in place
No prior mechanical experience required, full training and ongoing support provided

After 25 years the current owner wishes to retire and has priced the business to sell at $1,300,000