Established & Profitable Shoe Repair/Key Cutting/Giftware/Engraving Business

13 days ago

Private Seller

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Summary

Plenty of foot traffic with new & repeat customers. Well known for exceptional products & services. Great location. 1 year lease. Trading 4.5 days/wk. Same owner 9yrs. Perfect for solo owner/operator

Location Details

Shop 60, Junction S/C, PINJARRA
Located within the main shopping centre, next door to newsagency, in direct path from Supermarket to newsagent, major retailer and undercover parking.

Potential

Can trade longer hours / more days. Services can be expanded. With last renewal centre was willing to increase store size and incentives were offered.

Skills

No special skills required. Can provide training if required.

Hours

Operating 9am - 5pm Tues - Fri and 9am - 1pm Sat. Option to trade up to 7 days a week 8am - 7pm.

Lease

12mths left on current lease. Can renew again in 6mths. 5 year lease. Last renewal was split 3 years with 2 year option

Employees

Currently owner operator

About the Business

In today's market where expensive designer brands are being bought and sold frequently, the demand for shoe repairs has been on the rise. With many local dance groups and a large local agricultural/mining industry this service continues to be a constant staple for this business.

The locksmith industry has undergone a remarkable transformation, propelled by technological advancements and changing consumer demands. The range of products has grown significantly to where many are electronic based and now able to be provided by non qualified retailers with little effort for considerable returns. This business has taken full advantage of all these changes and, having purchased the necessary equipment, has been generating high profits for many years now.

Keys, remotes and watches all need batteries, a service which they can get from this business. Pressure testing is another service offered with high profit for very little output.

In a world full of mass produced items selling unique, quirky giftware sets us apart from the rest.

Our last social media post from via the centre's page garnered 400 loves and likes and over 40 comments, all positive.

History

Operating since July 2016, under original owners.

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