Priced To Sell - Car Transport Business For Sale - Earning $11,000 Per Week Net - Sydney Based
Granville, New South Wales 2142
$950,000
Key Features
AI generated. Contact seller to confirm.
- Prestige-market car transport business across Eastern seaboard
- Seven interstate vehicles and six local vehicles included
- Good customer base, with customers spending up to $40,000 monthly
- Two full-time drivers, contractors and subcontractors currently engaged
- Demand indicated for two to three additional vehicles
- Non-compete agreement signed as part of sale
- Turnover: $79,003 per week
- Net Profit: $11,591 per week net profit
- Rent/Lease: Sydney rental $4,175 per month including GST; Brisbane rental $3,850 per month including GST; three years remaining on Sydney lease; Brisbane lease due for renewal
- Established: Established for 6 years
Business Details
Business Category Transport
Business Background and History
This company specialises in car transport of cars in the prestige market. Very few competition in the transporting of second hand and new cars, fleet cars, luxury cars. Established for 6 years along the Eastern seaboard including Brisbane, Sydney and Melbourne. The asset list includes 7 interstate vehicles and 6 local vehicles. Good customer base with some customers spending up to $40,000 per month.
Operating Hours
Monday to Friday 8.00am 4.00pm
Employees
1 x full time owner working 5 days per week approximately 20 to 30 hours, 2 x full time drivers, 4 contractors on ABN and 5 sub contractors when required
Lease
3 years lease remaining in Sydney and Brisbane lease is due to renewal. Both landlords open to new lease if required. Sydney rental is $4175 per month and Brisbane is $3850 per month including GST
Potential
• Currently run under semi management. With the owner working only 20 hours a week
• The revenue has been increasing by 20% - 30% year on year for the past 3 years
• The current owner is knocking back jobs and only cherry picking the jobs that he wants. There is easily a demand for about 2 to 3 more vehicles on the road.
• Hire more inhouse drivers to add more profit. Currently there are only 2 full time drivers. There is potential to add 2 or 4 more full time staff to reduce the expense of using sub contractors. Currently sub contractors are taking about 65% of the gross revenue
Weekly Financials
Weekly Takings $79,003
Cost of Goods $9095 (Fuel and oil)
Gross Profit $60,507
Rent $1851 (Includes $800 p/week for Brisbane)
Wages $3847 (does not include the owners wage)
Subcontractors $35,521 (currently taking 65% of the sale)
Telephone $36
Insurance $2185
Electricity $100
Misc 1 $3964 (rego/ insurance, repairs & maintenance)
Misc 2 $593 (travel, accommodation, tolls and parking)
Misc. 3 $530 (truck hire and other expenses)
Total Expenses $48,916
Nett Profit $11,591
Asking Price $950,000 + Assets (valued at $2,500,000)
Total price including assets $3,450,000
Reason for sale:
Genuine reason for sale owner looking to relocate and live overseas. Non-compete agreement signed as a part of sale
*Please note photos are for advertising purposes only and does not necessary depict photos of the business
This company specialises in car transport of cars in the prestige market. Very few competition in the transporting of second hand and new cars, fleet cars, luxury cars. Established for 6 years along the Eastern seaboard including Brisbane, Sydney and Melbourne. The asset list includes 7 interstate vehicles and 6 local vehicles. Good customer base with some customers spending up to $40,000 per month.
Operating Hours
Monday to Friday 8.00am 4.00pm
Employees
1 x full time owner working 5 days per week approximately 20 to 30 hours, 2 x full time drivers, 4 contractors on ABN and 5 sub contractors when required
Lease
3 years lease remaining in Sydney and Brisbane lease is due to renewal. Both landlords open to new lease if required. Sydney rental is $4175 per month and Brisbane is $3850 per month including GST
Potential
• Currently run under semi management. With the owner working only 20 hours a week
• The revenue has been increasing by 20% - 30% year on year for the past 3 years
• The current owner is knocking back jobs and only cherry picking the jobs that he wants. There is easily a demand for about 2 to 3 more vehicles on the road.
• Hire more inhouse drivers to add more profit. Currently there are only 2 full time drivers. There is potential to add 2 or 4 more full time staff to reduce the expense of using sub contractors. Currently sub contractors are taking about 65% of the gross revenue
Weekly Financials
Weekly Takings $79,003
Cost of Goods $9095 (Fuel and oil)
Gross Profit $60,507
Rent $1851 (Includes $800 p/week for Brisbane)
Wages $3847 (does not include the owners wage)
Subcontractors $35,521 (currently taking 65% of the sale)
Telephone $36
Insurance $2185
Electricity $100
Misc 1 $3964 (rego/ insurance, repairs & maintenance)
Misc 2 $593 (travel, accommodation, tolls and parking)
Misc. 3 $530 (truck hire and other expenses)
Total Expenses $48,916
Nett Profit $11,591
Asking Price $950,000 + Assets (valued at $2,500,000)
Total price including assets $3,450,000
Reason for sale:
Genuine reason for sale owner looking to relocate and live overseas. Non-compete agreement signed as a part of sale
*Please note photos are for advertising purposes only and does not necessary depict photos of the business
What's Nearby
Nearby Locations
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.