Automotive restoration and custom painting, 40 years trading
About the business
An automotive restoration business in Perth, Western Australia, with mechanical repairs, rust repairs, custom painting, auto electrical, trimming and restorations. It is an established family business with over 40 years industry history. Staff are in place. It suits an owner-operator, a partnership or a husband-and-wife team. It operates from a modern, well-laid-out workshop. The broker reports bookings 6-12 months in advance and that training and support are 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.
Asking price$350,000
Paid by
Your cash$105,000
Secured loan, 7 years at 6.98%$245,000
Each month
Loan repayment$3,700
Repayments each month
$3,700
Over 7 years you repay $310,406, of which $65,406 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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