SignetryAU
Join free

Vehicle repair, preferred repairer for insurance companies

Photos: Morgan Business Sales

Photo 1 of 1

About the business

A vehicle repair business in Cairns, Queensland, that is a preferred repairer for several insurance companies. It has a solid team in place. Included are specialised equipment, an automatic spot welder, dent pulling machines, computerised measuring systems, and a sand blasting room and detailing bay. It has two spray booths and a 4 tonne, 2 post car hoist. It offers complete rustproofing services. The broker reports that the work is consistent and plentiful.

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 $235,000 is paid

  • Your cash $70,500
  • Loan $164,500

What borrowing costs

$208,416 repaid in all

  • Borrowed $164,500
  • Interest $43,916
AU-23147Estimate

Asking price$235,000

Paid by

Your cash$70,500

Secured loan, 7 years at 6.98%$164,500

Each month

Loan repayment$2,480

Repayments each month

$2,480

Over 7 years you repay $208,416, of which $43,916 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.

Open the full calculator

More in automotive

See all