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Bicycle sales and service workshop, 20 years trading

About the business

A bicycle sales and service workshop business in Hervey Bay, Queensland. It has operated for 20 years and offers a wide selection of bicycles and accessories. The current owners offer a handover of their expertise. The broker reports qualified and experienced staff covering sales, repairs and customer service, and that comprehensive training is provided.

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 $250,000 is paid

  • Your cash $75,000
  • Loan $175,000

What borrowing costs

$221,719 repaid in all

  • Borrowed $175,000
  • Interest $46,719
AU-22013Estimate

Asking price$250,000

Paid by

Your cash$75,000

Secured loan, 7 years at 6.98%$175,000

Each month

Loan repayment$2,640

Repayments each month

$2,640

Over 7 years you repay $221,719, of which $46,719 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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