Automotive business for sale, Cairns QLD
About the business
A Midas franchise offering general mechanical services in Cairns, Queensland. It has 7 employees and is currently trading 5 days a week. The premises are on a long lease and have ample parking with many spaces. Full training and handover are included. The reason given for the sale is owner retiring. The broker reports the owner currently works in the business and no prior mechanical experience is required.
Financing calculator
An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.
Asking price$1,300,000
Paid by
Your cash$390,000
Secured loan, 7 years at 6.98%$910,000
Each month
Loan repayment$13,730
Repayments each month
$13,730
Over 7 years you repay $1,152,937, of which $242,937 is interest.
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.