- Categories: Automotive, Franchise
Here is your chance to make that sea change to Far North Queensland you always wanted.
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 brand's best-performing stores, consistently in the top 3 nationally 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. 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 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 and 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.
