Ultimate Mustang Hire

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Ultimate Mustang Hire We act as agents for owners of classic Mustangs, promoting them for others to drive and enjoy. Cars seat 4 people comfortably, which includes 3 passengers.

Ulitmate Mustang Hire - Gold Coast, Northern NSW

Offering Self-drive options in one of our Convertible Mustangs for your next event or Wedding. It gives you an opportunity to share the fun and excitement of cruising in a Mustang. Immaculately presented and impeccably maintained, this convertible Mustang has an electric roof that can be opened and closed in under 10 seconds. This is undoubtedly on

e of the best Mustangs in Australia. A real show stopper! We offer a self-drive option, pick-up a Mustang for the day or a weekend. Drive through the country side or just enjoy cruising around the Gold Coast. Our services offer to the following:

Formals
Engagements
Weddings
Television
Photo shoots


For further information on bookings and rates, enquire through our website or message us on FB.

My Classic Car Collection and self-drive rental business is for sale.After 16 years it is time to pass my classic car co...
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

Vintage and Classic Car Hire is For Sale After 16 years it is time to hand over the reins (steering wheel?) to one or mo...
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 😊

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