Midas Mechanical Repair Business – 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
Well-established Midas-franchised mechanical repair business in Cairns, one of the top three Midas stores nationally, with 25 years of trading history and no direct local competition. The workshop is supported by 7 experienced staff plus a workshop manager, operating 5 days a week with room to add Saturday trading, fleet work and tyre sales. The current owner is retiring after 25 years and offers full training and handover, with a long lease in place on favourable terms.
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