Business Summary
This respected International Franchise business offers the excellent opportunity for a new buyer to continue and grow what is a successful Brisbane franchise.
Business is a car hire operation focusing on overseas and interstate travellers. It is part of an overseas based franchised operation. The Northside based business has been trading for 15 years and has grown steadily over this period and prior to COVID was 75% international and 25% domestic. The major focus was always to grow the international business. The company has always had very strong relationships with its customers and enjoys significant repeat business some of which goes back to the very early years. The company is seen by customers to have good cars, great rates and the very best customer service built on strong communication throughout the booking and rental process and a pickup and return procedure that is relaxed, quick and very customer focused.
The heavily Tourism focused business enjoys the benefits now of a surging Tourism demand that will continue through to the 2032 Olympics and beyond. Industry investment and Government support through overseas marketing campaigns will continue to fuel this demand.
- 85 vehicles are included in the business, valued at $ 1,600,000
- Significant forward bookings, currently in excess of 400K, with deposits paid.
- All vehicles with RWC and services current.
- Cashflow positive from day 1 no further working capital required.
- All rentals paid in advance so no debtors to chase.
- Utilising strong, reputable, industry leading Rental Car Software
- Managing online activity can be done from home.
Committed Franchisor currently looking at opening more Australian sites thereby increasing brand awareness further.
Asking Price: $2,195,000 WIWO
To find out more information about this business for sale, please complete the confidentiality agreement quoting reference number: #5384SR2
https://absbusinesssales.com.au/confidentiality-agreement
Broker: Mark Kitson| E:
[email protected]| P: 0405 293 644
Head Office | P: 07 3368 4010| E:
[email protected]
Property Details