Surfers Paradise, Queensland 4217

International Car Hire Business - Gold Coast location Ref# 3648

For Sale | $410,000 WIWO

Car Rental Franchise Travel

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

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Mark Kitson

ABS Business Sales

Overview

This Car Rental Business is one of 52 businesses for sale in Gold Coast, Queensland, and one of 16 Car Rental Businesses in this region that a business for sale currently has on offer. This Car Rental Business is for sale in Gold Coast for the asking price of $410,000 WIWO and is new to the market.