ABS Business Sales Pty Ltd Phone : 07 3368 ****
Mark Kitson
07336 ****

0405 ****

International Car Hire - Gold Coast Business For Sale #3648

Listing Id : 251651

Location : Queensland - Surfers Paradise

Category : Car Rental, Franchise, Hospitality and Tourism

Asking Price : $399,000 WIWO

Business description

This respected International Franchise business offers the excellent opportunity for a new buyer to continue and grow what is a successful Gold Coast franchise. The heavily Tourism focused business has been running for 10 years. The business is cash flow positive from the start, carries approximately $ 50,000 of confirmed (deposit paid) bookings at any time, some forward to Easter 2019. * Strong growth over the last 5 years, Turnover of $ 254,000 for 17/18, with strong Net Profit. * The business owner who owns the Brisbane Franchise business, manages the Gold Coast business from his Brisbane office with a Team Leader running the business on the Coast. * Market leading rental car software package is used to efficiently manage quotes and bookings with all bookings paid before arrival. * The Fleet is made up of 22 vehicles covering the Categories of Economy, Compact, Intermediate, Full size, SUV, People Movers and Sports sedans and wagons, currently valued at $240,000.00. * Minimal Franchise and Advertising Fees allow for good profits and continued growth. * No working capital required. * No debtors to chase. * Comprehensive handover and training will occur and Policies and Procedures Manuals are in place. Successful business, solid cash flow, respected international brand with a strong following, booming Gold Coast tourist market will ensure the new owner receives solid ROI Asking Price: $399,000+ WIWO To find out more information about this business for sale, please complete the confidentiality agreement quoting reference number: MB 3648 Broker: Mark Kitson| E: mark@absbrisbane.com| P:**** **** Head Office | P:**** **** | E: reception@absbrisbane.com

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