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- URGENT SALE - Established Organic & Biodynamic Supermarket For Sale
Internal Ref: B14923
Summary
This long-standing and highly regarded family-owned shoe repair and leather goods service has been the go-to destination in its thriving inner-eastern Melbourne community for nearly 30 years.
Revenue
$336,518 pa
Rent
$51,165 pa
Location Details
Prime location with excellent passing foot traffic, surrounded by busy retail, cafes, and local amenities.
Skills
The current owners will provide a thorough handover and transition period to ensure the continued long-term success of the business for its new custodians.
Lease
5x5 commenced September 2020
Reason for Sale
Retirement
About the Business
Established Shoe & Leather Repair Business – Only One in Thriving Inner-East Location
**Expressions of Interest**
This long-standing and highly regarded family-owned shoe repair and leather goods service has been the go-to destination in its thriving inner-eastern Melbourne community for nearly 30 years. It is the only business of its kind in the area, known for exceptional craftsmanship, trusted service, and a diverse range of offerings.
In addition to high-quality shoe and leather goods repairs, the business also provides watch repairs, garage and gate remote battery replacements, and key cutting services—making it a true one-stop shop for customers seeking reliable workmanship.
For the past ten years, it has operated from its current prime location with excellent passing foot traffic, surrounded by busy retail, cafés, and local amenities. The premises are unusually large for this type of business, offering plenty of room for operations and future expansion. The lease is secure and well-priced at $4,263.80 per calendar month (including GST and outgoings), with a term that commenced in September 2020 and one further 5-year option available.
The business enjoys authorised repairer status for RM Williams and has built an outstanding reputation for quality and customer loyalty. The owners are happy to trial the business on average weekly takings of approximately $9,000.
The current owners are looking to retire and will provide a thorough handover and transition period to ensure the continued long-term success of the business for its new custodians. This is a rare opportunity to take over a respected, well-established operation with a proven history, a loyal customer base, and multiple income streams.
For more information, please contact:
Elle Likopoulos and Tina Tzanopoulos
Absolute Business Brokers
M: 0481 608 460 or 0401 067 488
P: 03 9566 7300
E: [email protected] or [email protected]
REF: B14923
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