Mitsubishi Dealership - Sj1459

Rare opportunity to purchase the highly successful Mitsubishi dealership in Maryborough, with the option to purchase the 5,600 sqm freehold for an additional $1.2m. Excellent return on investment on offer for both the business and freehold.

This business has been operating for 10 years in the current location with the business being in the family for over 75 years.

There is currently approx. 20 new cars and 20 used cars onsite, with capacity for many more.

Revenue has consistently been approx. $5-6m and normalised profit approx. $300k.

Attached to the business is a busy mechanic workshop employing 3 full-time qualified mechanics and contributing approx. 10% of total revenue. Also included is an outdoor power equipment retail shop and an Ironman franchise selling 4x4 equipment and camping gear.

This would be great opportunity for an existing dealership to add to their portfolio with the security of owning the freehold.

Property Code: 427