Truck/Car Rental Business on Prime Location For Sale

This business established in 1980 has a long fine tradition of customer service. The stock of vehicles include a fleet of 70 trucks, 40 cars and 20 scooters most of which were purchased on or after 2017. Most trucks are of newer models. The land is a large prime office and depot site proximal to two major arteries located close to the Adelaide CBD. There are two commercial tenants on site.
Annual Turnover (av. 2022-24): A$3.2 mil.
Annual Net Profit (av. 2022-24): A$1.56mil. (50% Profit Margin)
Business Goodwill A$5mil. ($1.56mil x 3)
Vehicle Stock Price: A$3mil (at market resale value)
Land Area: 4398 sqm; Location 1.6km from Adelaide CBD
Land/Office/Workshops Price: A$16mil. ($3500/sqm)
Total Package Price: A$24mil.
Finance for land and business purchase available through the selling agent.