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Contracted school bus service and charter, 70 years trading

Photos: LINK Business Brokers

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About the business

A contracted school bus service in Hobart, Tasmania. It also offers school charter and excursions, and cruise ship charter. It is family-owned, established in the 1940s, with over 70 years of trading history. It has long standing contracts with Government. Assets are included. The reason given for the sale is that the vendor is retiring. The broker reports experienced staff and consistent turnover year upon year.

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.

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 $650,000 is paid

  • Your cash $195,000
  • Loan $455,000

What borrowing costs

$576,469 repaid in all

  • Borrowed $455,000
  • Interest $121,469
AU-18572Estimate

Asking price$650,000

Paid by

Your cash$195,000

Secured loan, 7 years at 6.98%$455,000

Each month

Loan repayment$6,860

Repayments each month

$6,860

Over 7 years you repay $576,469, of which $121,469 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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Contracted school bus service and charter, 70 years trading for sale, Hobart TAS | Signetry