Midas Automotive Workshop, Cairns
Automotive Workshop
ActiveAutomotiveQueenslandB2B & B2C
Asking price
$1,300,000
Disclosed · AUD
Revenue
$2,000,000
TTM
EBITDA
$500,000+
Implied multiple
2.6×
asking / earnings
Brief
- Established Midas franchise workshop in Cairns, one of the top 3 Midas stores nationally
- Only Midas franchise in the region with no direct local competition
- Seven staff plus workshop manager currently in place
- Long lease with favourable terms
- Owner retiring after 25 years; currently trading 5 days/week with room to add Saturdays
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