Car Transport Business For Sale - Earn $11,000 per week net
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Car Transport Business For Sale - Earn $11,000 per week net

Price: Price: $1,200,000 + Stock

Car Transport Business For Sale - Earn $11,000 per week net

Key Sale Highlights

  • Well established over 5 years
  • 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.

Proudly listed by Tony Banh

Broker Firm

Business Overview

Business 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 30 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

*Please note photos are for advertising purposes only and does not necessary depict photos of the business

Sign Confidentiality Deed

Broker Firm

PO Boxes are not accepted

Help your inquiry stand out - tell the seller why you are interested in their business.

Confidentiality Deed Poll *

BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

  1. That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
  2. That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
  3. That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

  • Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
  • In written form is WRITTEN/SIGNED/SENT electronically if Vendor & SIGNED BY the undersigned clause C/P:

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