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Residential, commercial and automotive locksmith

About the business

A locksmith business in Brisbane, Queensland, serving residential, commercial and automotive customers. It has 13 staff, including tradespeople and apprentices, and ongoing service agreements with schools, resorts, motels and other commercial clients. The current owner offers full-time support for three months at no cost, then part-time consultancy for six months per year for up to three years if required. It trades from two shopfronts, in Maryborough and Hervey Bay. Stock is extra.

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 $1,300,000 is paid

  • Your cash $390,000
  • Loan $910,000

What borrowing costs

$1,152,937 repaid in all

  • Borrowed $910,000
  • Interest $242,937
AU-22622Estimate

Asking price$1,300,000

Paid by

Your cash$390,000

Secured loan, 7 years at 6.98%$910,000

Each month

Loan repayment$13,730

Repayments each month

$13,730

Over 7 years you repay $1,152,937, of which $242,937 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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