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Equipment hire company, 20 years trading

Photos: Morgan Business Sales

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About the business

An equipment hire company on the Gold Coast, Queensland. It has been established over 20 years and services Southeast Queensland and Northern Rivers. It has a full team in place and one working owner. The equipment is included and full training is provided. The reason given for the sale is that the current owner is looking to retire. The broker reports current modern equipment and a high profile in the region.

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 $5,950,000 is paid

  • Your cash $1,785,000
  • Loan $4,165,000

What borrowing costs

$5,276,905 repaid in all

  • Borrowed $4,165,000
  • Interest $1,111,905
AU-23021Estimate

Asking price$5,950,000

Paid by

Your cash$1,785,000

Secured loan, 7 years at 6.98%$4,165,000

Each month

Loan repayment$62,820

Repayments each month

$62,820

Over 7 years you repay $5,276,905, of which $1,111,905 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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