Retail store for sale, Launceston TAS
Photos: LINK Business Brokers
About the business
Sewknit is a retail store in Launceston, Tasmania, that retails and services sewing and embroidery machines, plus accessories and craft supplies. It repairs an average of 1200 machines per year and is long established. Training is provided by the vendor, and freehold is also available. The broker reports no competition, as the only provider in Northern Tasmania.
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$50,000
Paid by
Your cash$15,000
Secured loan, 7 years at 6.98%$35,000
Each month
Loan repayment$530
Repayments each month
$530
Over 7 years you repay $44,344, of which $9,344 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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