Car Transport Business For Sale - Earn $11,000 per week net - working only 20 to 30 hours
Car Transport Business For Sale - Earn $11,000 per week net - working only 20 to 30 hours
Industry :
ServicesSub Industry :
Car/Bus/TruckBusiness Background and History
Car Trans Australia 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 $69,602
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)
Superannuation $289
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 $1,200,000 + Assets (valued at $2,350,000)
Total price including assets $3,550,000
Reason for sale:
Genuine reason for sale owner looking to relocate and live overseas. Non-compete agreement signed as a part of sale
Talk to Brokers that know business
Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.
Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful.
To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.
Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.
To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.
If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking.
email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14
View other listings by this business
$1,200,000
Enquire about this business
Get In Touch :
Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
Similar Listings
Urban Clean Franchise Opportunities - Available Across Australia
Australia
REVENUE
Contact Advertiser
PROFIT
$0
ASKING PRICE
Contact Advertiser
ONGOING DEALS
0
CouriersPlease Franchise Opportunities- Melbourne/ Perth/ Sydney/ Brisbane/ Adelaide/ Newcastle/ Tuggerah/ Ballarat
All,Australia
REVENUE
$0
PROFIT
$0
ASKING PRICE
$15000
ONGOING DEALS
0
Snap Print Solutions - Townsville QLD - Business Opportunity
Queensland,Australia
REVENUE
$0
PROFIT
$0
ASKING PRICE
$280000
ONGOING DEALS
0