Top-Performing 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
- Midas-branded Car Care Centre in Cairns, trading profitably for 25 years
- One of the top 3 Midas stores nationally; only Midas franchise in the region
- Seven staff plus a workshop manager; currently trading 5 days a week
- Long lease in place on favourable terms
- Owner retiring; scope to grow by adding Saturday trading
How it compares
Automotive workshops in Queensland · asking prices40% above bigger automotive workshops here
Bigger automotive workshops here ask a median 0.46× revenue. On its $2,000,000 revenue, that points to about $926,000; reads like this are typically within 30%, so $648,000 to $1,200,000. It asks $1,300,000.
- Asking price
- $1,300,0003.3 times the median of $400,000
- Revenue
- $2,000,000median is $1,400,000
- Revenue multiple
- 0.65×0.41× across the market; 0.46× for bigger ones, 0.38× for smaller
- Time listed
- 0 daysrecently listed
Automotive workshops in Queensland
Automotive workshops for sale in Queensland (75) →Listed
75
+10 in 30 days
Median asking
$400K
72 priced
Median revenue
$1.4M
36 disclose
Earnings multiple
2.4×
12 listings
Price drops
7
in 30 days
Asking price spread72 of 75 state a price
This listing · $1.3M
4%
Under $100K$2.5M–$5M
Australia 187 · Victoria 43 · Western Australia 27 · New South Wales 26
Cafes 145 · Takeaways 105 · Restaurants 75 · General retail businesses 66 · Manufacturing businesses 57 · Hair salons 52
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