Key Cutting and Shoe Repairs

Runaway Bay QLD
Asking Price $205,000
Revenue
Profit
About

Owner Works 25 hours per week and is supported by staff that can do the balance in an enthusiastic fashion. For this you will earn over $100,000 a year and improve on your gold handicap. Established over 20 years with the one owner this business is in a prominent position on the Northern End of the Gold Coast.

Revenue

$314,484

Net Profit

$105,558

Potential

The area is growing and the opportunity to market to school and sports club to provide trophies and awards.

Skills

No special skills required as training will be supplied, and staff have all the skills needed to help.

Hours

Monday – Friday 8.30 am to 5.30 pm

Saturday 8.30 am to 5 pm

Sunday 9 am to 2 pm (optional)

Lease

Almost 4 years of the 5-year lease remains. Been in the same location for 20 years.

Location

Northern Gold Coast

Employees

1 excellent worker very happy.

Reason for Sale

Retirement

About the Business

In today's market where expensive designer shoes are being bought and sold frequently, the demand for shoe repairs has been on the rise. Also, the repair of children's shoes is by far the main area of growth.

The locksmith industry has undergone a remarkable transformation, propelled by technological advancements and changing consumer demands.

The range of services has grown significantly where many services are electronic based with little effort for considerable returns.

This business takes full advantage of all these changes and growth and has been showing remarkable results for many years now.

Keys and remotes all need batteries and a service which they can get from this business.

Busy all the time... Get in quick not to miss out on this opportunity.

History

Established 20 years

Sale Price

$205,000 including stock and assets.

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Listed By: Last Updated 04 Apr 2025
Contact this seller
What's your enquiry about?
Listed By: Last Updated 04 Apr 2025