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Automotive business for sale, Hobart TAS

Photos: LINK Business Brokers

Photo 1 of 8

About the business

A mechanical repair and service centre offering general to major servicing and preventative maintenance in Hobart, Tasmania. It has been operating for over 70 years, since 1951. Operating hours can be extended. A lease is available, 5 + 3 + 3 years. The reason given for the sale is that the current owner is retiring. The broker reports it is on a main road with high traffic flow and visibility, and has well-established repeat clientele.

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 $150,000 is paid

  • Your cash $45,000
  • Loan $105,000

What borrowing costs

$133,031 repaid in all

  • Borrowed $105,000
  • Interest $28,031
AU-19091Estimate

Asking price$150,000

Paid by

Your cash$45,000

Secured loan, 7 years at 6.98%$105,000

Each month

Loan repayment$1,580

Repayments each month

$1,580

Over 7 years you repay $133,031, of which $28,031 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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