Mostly commercial locksmith, 40 years trading
Photos: Vic Brokers
At a glance
- Property type
- Business
About the business
A locksmith business in Melton, Victoria. It has been trading for over 40 years, with customers including local government, schools, estate agents and car dealerships, mostly commercial. The business is open 5 days. It operates from a fully equipped 285 sqm workshop. A flexible, long term lease is on offer from the vendor who owns the freehold. The broker reports a loyal customer base.
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$200,000
Paid by
Your cash$60,000
Secured loan, 7 years at 6.98%$140,000
Each month
Loan repayment$2,110
Repayments each month
$2,110
Over 7 years you repay $177,375, of which $37,375 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.
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