Foundation support for another start-up business
The most recent Foundation Broken Hill start-up business client to receive funding support is causing a ripple of excitement locally and interstate among street machine enthusiasts.
Anthony Vella Spray Painting is due to open toward the end of May, but already has potential customers lining up for restoration work on older model cars and motorbikes.
Foundation Broken Hill has provided a $30,000 interest-free loan to help with the purchase of a custom-built certified spray booth that will provide an appropriate environment for high quality work. Foundation Director Kevin Taylor said the funding application from Anthony and partner Kym Thomas included many of the ingredients the organisation seeks in assessing new ventures.
‘The type of work to be conducted at the business is not likely to impact on existing Crash Repair operations, which are already in high demand for insurance work. The business will be run by good hardworking individuals who are determined to succeed and Anthony has excellent skills demonstrated across more than 33 years in the industry which have earned him a good reputation locally and interstate for his excellent attention to detail.’
Mr Taylor said an existing demand for the business augured well for future growth and the opportunity for additional staff and an apprentice.
‘This is one of the larger start-up loans we have provided, but the opportunity to bring dollars into town (for example, from enthusiasts in Mildura who have already indicated interest) and to create new employment locally were both very attractive to us. We’re excited to play a part in this venture and wish Anthony and Kym well,’ Mr Taylor added.
The new business, to be located at 455 Argent Street, will specialise in car and motorbike restorations and rust removal, as well as signwriting and fibreglass work. Preparations are already underway repainting the premises and remodelling office space and facilities. There will be a wait of approximately six weeks for the construction and delivery of the spray booth before local work in plumbing and electrical fittings.
Anthony’s work has previously featured on the covers of industry magazines such as Australian Muscle Car and Street Machine and, while the focus will be on at least one high-end restoration project each year, the business will also include regular small repair work (where perhaps people are not seeking to claim on insurance) or smaller restorations including spray painting for motor bikes, bumper bars or other projects.