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Italian restaurant, run under management

Photos: Morgan Business Sales

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About the business

An Italian restaurant in Hobart, Tasmania. It has been actively trading for many years. It is run under management, with the owner disengaged from the day-to-day running, and a management team and trained staff are included. It trades 5 days a week, 11.30 to 8.30 pm. The premises have street frontage within the CBD. The broker reports an exemplary reputation with a loyal customer base and a great lease term.

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 $595,000 is paid

  • Your cash $178,500
  • Loan $416,500

What borrowing costs

$527,691 repaid in all

  • Borrowed $416,500
  • Interest $111,191
AU-23118Estimate

Asking price$595,000

Paid by

Your cash$178,500

Secured loan, 7 years at 6.98%$416,500

Each month

Loan repayment$6,280

Repayments each month

$6,280

Over 7 years you repay $527,691, of which $111,191 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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