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Established And Profitable Shoe Repair Cobbler Business For Sale

Armadale, Victoria, Australia
Asking Price:
$40,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Located in a thriving arcade in the heart of Armadale. With plenty of foot traffic with new and repeat customer base. Well-known for their exceptional quality and friendly service.

Services include:

Shoe repair
Zip repair for boots and bags
Keys cutting
Household sharpening
Handbag repair
Watch batteries
Dog tag & general engraving

Currently operating 6 days a week with an opportunity to extend trading hours

Rent $2,177 per month includes outgoings

Terms: New Lease of 3x3

Size of premises – approx. 25 m2

Business takings are $3k plus per week. Financials will be disclosed to serious buyers only.

Equipment List:

- Shoe finish machine

- Engraving machine

- Key cutting machine

- Sharpening machine

Features:

-              Melbourne’s oldest and iconic arcades

-              Busy surrounding cafes and shops

-              High foot traffic through arcade and surrounding streets

-              Walkway to Armadale train station (30m away)

-              Other shoe repairs in nearby areas have closed (Toorak village for example) so more customers for this one

-              High end shoes and repairs, higher returns

-              Air-conditioning/heater split system

-              Premises includes toilet, sink, bathroom, Storage room/area inside shop

-              Fridge and TV

-              All equipment is owned outright which is included in the price.

-              Approx. $10k of materials and stock included

Vendor selling due to retirement.

This is a great opportunity to buy a well-established business with proven sales and profits.

Be your own boss and reap the rewards. Call Lev Khazhiner today

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