Midas Car Care Centre - 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
- One of the top 3 Midas franchise stores nationally
- Trades in the Cairns automotive repair market, Tropical North Queensland
- Owner retiring after 25 years
- Long-term lease in place with favourable terms
- 7 staff plus a workshop manager in place
- Currently trading 5 days/week; option to add Saturday mornings
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