Ultimate Mustang Hire

06/05/2024

My Classic Car Collection and self-drive rental business
is for sale.

After 16 years it is time to pass my classic car collection and hire business to one or more fresh pairs of hands. Which is sad for me because it is such a fun business to run.

• Every morning, I have to decide which of my collection to drive for the day. “The Ferrari perhaps? Or a bellowing Mustang? Perhaps put on cloth cap and take an MG, Mini or E type?” What a quandary!

• Then there are the other owners. An amazing bunch of enthusiasts who love having their cars admired and driven regularly.

• Finally, our clients. Virtually every hire is a special occasion. Retirement gift, wedding proposal, anniversary, special birthday, etc. The car becomes a key part of their special day which usually involves a nice lunch or picnic or meeting with friends. They rave about their experience when they return the car. Have a skim through some of our testimonials. There are over 1,000.
https://www.vintageandclassiccarhire.com.au/testimonials/

Now some fresh ideas are needed.

Being an accountant, I have focussed on establishing a collection that will grow in capital value and a financially sustainable business model that is simple to run with minimum risk. In that I have been very successful:

• My 12 cars are all popular classics that are in constant demand and have risen in value.

• Careful training of owners and management of hirers’ expectations has minimised the hire risk. Now approaching 1 million rental kms, there has been only 1 insurance claim and half a dozen minor claims against client’s security deposit.

• It is an up market, high margin and tax efficient business which produces positive working capital. It has thrived, despite the GFC, Covid, bush fires, catastrophic flooding. Not forgetting the mouse plague.

• With an automated, real time booking system and well-developed processes it is managed in just a few hours a day.

However, there has been minimal marketing:
• No marketing to past clients.
• No social media.
• No newsletter.
• No displays at car shows.
• No partnerships with other experience providers.
• Minimal promotion to tourists or corporate Australia.
• Minimal listings with experience agencies.

Leaving amazing opportunities to expand the business.

Before you ask 😊 there are three reasons that I am selling:

1. I am 7 years past my ‘non-retirement’ party so it’s time to start ‘winding down’.
2. I need to release equity from the business for my retirement plans.
3. I want to develop classic car maintenance classes to pass on the skills from my generation to the next, launch rally car hire in Australia and see if its sister business - http://www.starcarsagency.com.au - can be expanded globally.

The sell price for the business and collection is negotiable and depends upon the ambition of the new owner(s). I am very keen to see the business taken to new heights.

I am also open to selling to a complementary business, one or more enthusiasts or a number of enthusiasts in a shared ownership scheme.

If you are interested, message me or email me at [email protected] and I can send you a business summary 🙂

Keith Mcilroy

23/03/2024

Vintage and Classic Car Hire is For Sale

After 16 years it is time to hand over the reins (steering wheel?) to one or more fresh pairs of hands.

Which is sad for me because it is such a fun business to run.

1. “Which car shall I take out this morning? The Ferrari perhaps? Or a bellowing Mustang? Perhaps put on cloth cap and take an MG, Mini or E type?” What a quandary!
2. Then there are the other owners. An amazing bunch of enthusiasts who love having their cars admired and driven regularly.
3. Finally, our clients. Virtually every hire is a special occasion. Retirement gift, wedding proposal, anniversary, special birthday, etc. The car becomes a key part of their special day which usually involves a nice lunch or picnic or meeting with friends. They rave about their experience when they return the car.

Have a skim through some of our testimonials. There are over 1,000.
https://www.vintageandclassiccarhire.com.au/testimonials/

Now some fresh ideas are needed.

Being an accountant, I have focussed on establishing a financially sustainable business that is simple to run with minimum risk. In that I have been very successful:
1. Careful training of owners and management of hirers’ expectations has minimised risk. Now approaching 1 million rental kms, there has been only 1 insurance claim and half a dozen minor claims against client’s security deposit.
2. It is an up market, high margin business which produces positive working capital. It has thrived, despite the GFC, Covid, bush fires, catastrophic flooding. Not forgetting the mouse plague.
3. With an automated, real time booking system and well-developed processes it is managed in just a few hours a day.

However, there has been minimal marketing:

No marketing to past clients.
No social media.
No newsletter.
No displays at car shows.
No partnerships with other experience providers.
Minimal promotion to tourists or corporate Australia.
Minimal listings with experience agencies.
Leaving amazing opportunities to expand the business.

Where I have succeeded is in building an enviable classic car collection. 4 Mustangs, 4 MGs, 2 Jaguars, a Ferrari and a Mini Cooper. From 1956 through to 1988:
1. They have all been maintained regardless of cost with an enhanced focus on ease of driving and reliability.
2. Garaging is a minor issue. Past clients are delighted to look after them and hand them over for hire in return for occasionally using the car themselves.
3. Those located in Sydney are maintained in our workshop in Western Sydney.
4. Those located in Adelaide and the Gold Coast are maintained locally.

Before you ask 😊 there are three reasons that I am selling:

1. I am 8 years past my ‘non-retirement’ party so it’s time to start ‘winding down’.
2. I need to release equity from the business for my retirement plans.
3. I want to develop classic car maintenance classes to pass on the skills from my generation to the next, launch rally car hire in Australia and see if www.starcarsagency.com.au can be expanded globally.

The sell price for the business and collection is negotiable and depends upon the ambition of the new owner(s). I am very keen to see the business taken to new heights.

I am open to selling to a complementary business, one or more enthusiasts or a number of enthusiasts in a shared ownership scheme.

If you are interested, give me a call or, better still, pop in for a chat to my workshop in Western Sydney. The kettle is always on 😊

25/04/2023

Lest We Forget 🇦🇺🎺🇳🇿

04/04/2023

04/03/2023

Muscle Cars or Similar Needed For Paid Corporate Joy Ride Experiences

Sunday 12th March in Sydney
Wednesday 17th May in Brisbane

For your vehicle to be submitted to our client, please register it, at no charge, at www.starcarsagency.com.au. Then copy and paste the URL address at the top of your vehicle's page and email it to [email protected]

20/02/2023

Rated M for Mature Content! 🙈🚘 😂

13/02/2023

✨🎁 There's No Love Like the One For Your Mustang! Show Your Car You Care - Come Along to a Drop-In Car Maintenance Course.

Classes start this week or pick a date that suits you.

Tickets:
https://www.eventbrite.com.au/e/car-maintenance-drop-in-classes-tickets-262730131897

Give Someone Special a Voucher. Classes Are Held Through The Year:
https://www.vcch.com.au/classic-car-maintenance-courses/ 🎁✨

13/02/2023

✨ 🎁 What do you get the Car Enthusiast that has everything? How about trying something different and spending a fun Valentine's Day at our Drop-In Car Maintenance Class in Kings Park NSW?

🎇Tuesday 14th February:
9am - 12pm or 12:30pm - 3:30pm

🎇Thursday 16th February:
9am - 12pm or 12:30pm - 3:30pm

🎇Sunday 19th February:
8:30am - 12:30pm

Tickets Available At: https://www.eventbrite.com.au/e/car-maintenance-drop-in-classes-tickets-262730131897

Gift Vouchers are also available for classes on Tues, Thurs, Sat or Sun through the year! https://www.vcch.com.au/classic-car-maintenance-courses/ 🎁✨

27/01/2023

You're never too young to appreciate a ride in a Mustang! 👶🏻👶🏼🚘🛣👦🏻👧🏼

26/01/2023

Who Says Muscle Cars are Just for the Boys?!!! 😎🚘🛣
💕 👭

25/01/2023

Behind the Scenes at a Shoot in Bilpin, NSW 🎥🤩🚘

17/07/2022

Looking for a 4-5 yo car. Not black or White, must have a large Sunroof. Filming near Tooradin ( VIC) nxt week. Just the one day, car not moving- just talent in the car. Of course well paid! Just has to scream ‘family car’ Tell your mates! Thanks in advance and ring us in the office on 52743123.. we are waiting for you to call!