Shoe repair key cutting engraving business for sale

28 days ago

Private Seller Step Ahead Shoe Repairs

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Summary

Well established business for sale in a great location. Start earning your income from day one with everything set up. No franchise fees or royalties as with other companies.

Revenue

$242,500 pa

Rent

$92,000 pa

Expenses

$55,000 pa

Net Profit

$95,500 pa

Location Details

200 Gilchrist Drive, Campbelltown
Kiosk is located in Macarthur Square Shopping Centre on level 1 opposite San Churros and The coffee Club and Chemist warehouse. Under the escalators, close to Main doors, 50m away from train station and a few meters from outdoor dining precinct.

Potential

Potential to increase sales up to 50k per year simply by opening on Sundays ( shop was opening Sundays which is a highly profitable day but once my contractor retired i closed to get a day off ) You could trade daily till 5:30 as i close at 5 which would add 5 hours of trade per week or with Sundays adds up to 12 hours per week. This would drive up sales back to 300K per year. Also this location has other stores that open till 10pm like Gong Cha and all outdoor cafes plus Events Cinimas so there is always more ways to earn extra income.

Skills

Basic experience in all services is helpful.
Good customer relations.
Able to work alone and under some pressure.
Good time management and being organised.
Stock control and basic p/c tech knowledge.

Hours

monday,tuesday,wednesday,friday 9-5
thursday 9-6
saturday 9-4
sunday closed
public holidays closed

Lease

lease expires mid 2027, possibility to relocate into a new location within the centre with contribution.

Employees

No employees

Reason for Sale

After 25 years in the same industry i am looking for change. Will keep trading as usual until a suitable buyer takes over.

About the Business

Business offers the main services including Shoe and bag repairs, house and car key duplication, laser, machine and hand engraving, watch battery and band replacement, sale of garage, gate remotes, Trophies, engravable giftware, leather belts and wallets, shoe care products.
All equipment and machinery included in sale. Shoe repair finisher, shoe stretchers, key cutting and decoding machines, car remote cloning and diagnostic programming tools, engraving machines, watch repair tools and lots more.
This business is operated by myself, with a little help you could easily add more car keys that require programming at the vehicle.
All sales figures through MYOB. My accountant can provide any financial required showing all income & expenses. Business is audited yearly as per shopping centre requirements.

History

Business was established in 2002 in Casula Mall for 10 years. Relocated to Westfield Liverpool for 5 years. Relocated to Macarthur Square in 2020. Business continues to grow with many repeat customers and many referrals from stores within this centre. Also, High-rise apartment development is planned at Macarthur Gardens North, located directly adjacent to Macarthur Station, with proposed building heights increasing to a maximum of 24 storeys. This project aims to deliver over 1,600 homes. This will definitely generate more business.

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