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Franchise-backed mechanical workshop, 17 years trading

About the business

A franchise-backed mechanical workshop in the Ipswich CBD, Queensland, operating as Ultra Tune. It serves private motorists and fleet clients and has four hoists. The head mechanic is willing to remain post settlement. Stock is extra. The reason given for the sale is family reasons. The broker reports a loyal repeat customer base and established supplier relationships.

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 $229,000 is paid

  • Your cash $68,700
  • Loan $160,300

What borrowing costs

$203,094 repaid in all

  • Borrowed $160,300
  • Interest $42,794
AU-22756Estimate

Asking price$229,000

Paid by

Your cash$68,700

Secured loan, 7 years at 6.98%$160,300

Each month

Loan repayment$2,420

Repayments each month

$2,420

Over 7 years you repay $203,094, of which $42,794 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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