Restaurant for sale, Hobart TAS

Photos: LINK Business Brokers

About the business

A restaurant and tapas bar in Salamanca, Hobart, Tasmania. It serves dinner and cocktails, currently trading only 5 nights a week, Tuesday to Saturday. It has a contemporary fit out and a long secure lease. The reason given for the sale is a reluctant sale due to family reasons. The broker reports rave reviews from guests and bloggers.

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.

Your cash: 30%$135,000 of the $450,000. Lenders rarely fund the whole price.

Seller finance

Some sellers take part of the price over time. Shown at 8% over 3 years.

Loan term

Usually up to 7 years; longer when secured on property.

Loan

Secured on property: the RBA's average for small business new loans secured on residential property, August 2026

How the $450,000 is paid

Your cash $135,000
Loan $315,000

What borrowing costs

$399,094 repaid in all

Borrowed $315,000
Interest $84,094

AU-17803Estimate

Asking price$450,000

Paid by

Your cash$135,000

Secured loan, 7 years at 6.98%$315,000

Each month

Loan repayment$4,750

Repayments each month

$4,750

Over 7 years you repay $399,094, of which $84,094 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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