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Alloy wheel restoration, straightening and respraying

About the business

An automotive repair business specialising in alloy wheel restoration in Hobart, Tasmania. It offers wheel straightening, curb damage repair, refinishing, respraying and custom finishes, with statewide service coverage across Tasmania. Its customers are retail clients, automotive trade partners and insurance work. It operates from a specialist workshop. The broker reports that it is the only dedicated alloy wheel repair business of its type in the region and that it has a great reputation.

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 $549,000 is paid

  • Your cash $164,700
  • Loan $384,300

What borrowing costs

$486,894 repaid in all

  • Borrowed $384,300
  • Interest $102,594
AU-22380Estimate

Asking price$549,000

Paid by

Your cash$164,700

Secured loan, 7 years at 6.98%$384,300

Each month

Loan repayment$5,800

Repayments each month

$5,800

Over 7 years you repay $486,894, of which $102,594 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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