ABS Business Sales

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: $410,000+ WIWO

To find out more information about this business for sale, please complete the confidentiality agreement quoting reference number: MB 3648

https://absbusinesssales.com.au/confidentiality-agreement

Broker: Mark Kitson| E: mark@absbrisbane.com| P: 0405 293 644

Head Office | P: 07 3368 4010| E: reception@absbrisbane.com