Ad ID: 122795

Car Hire Business for Sale Sydney South

First Time On The Market - Not at fault accident repair car hire company - Netting $2300 per week


Why buy this Car Hire Business

Car Hire Business for Sale Sydney South Asking: $450,000

Business Overview

This not at fault accident repair car hire business has been established for 8 years in the industrial precinct of South of Sydney. The owner and his team run a full service not at fault accident replacement car hire service, supplying luxury vehicles to drivers who are not at fault.

Cars are parked in a smash repair car yard south of Sydney. However 80% of them are usually being hired out.

Hours of Operation
Monday to Saturday 8.00am to 4.30pm
Some work outside of these hours

Target more smash repair workshops

Promote more on social media

1 x part time owner

Financials Summary
Weekly Takings  $6744 ( based on the last 2 years trading history)
Cost of Goods    $0
Gross Profit        $6744
Rent                    $220
Rego $259
Fuel $150
Wages                $1650
Telephone          $20
Insurance            $824
Rebates $282
Misc 2 $1000 (repairs, maintenance, tolls and parking)
Total Expense    $4405
Net profit            $2339 (profit for 1 working owner 20 hours p/w)
Estimated Asset Value $300,000
Asking Price: $450,000 + Stock

The Opportunity
8 years established with contacts to over 20 panel shops supplying regular accident repair vehicles to not at fault customers. New owner can approach more panel shops and grow the fleet. Would suit someone who is in the hire car business already or a panel shop looking for extra income.
For more info
Contact: Tony Banh

Tony Banh

0425 243 836
Business Brokers Network Australia
Broker Ref: 22242

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