- Categories: Automotive, Franchise
Midas is a trusted household name with over 40 years of 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 brand's 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 sixfigure 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 around 2 Million dollars per annum
- Huge Opportunity to grow the business even further with the addition of weekend trading
- Inspection of this stateoftheart workshop will impress!
- 25+ years Loyal and expanding customer base
- Minimal Debtors with stable turnover week on week
- Ample parking with many spaces
- Multiple Awardwinning 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 $1,400,000
