Key Cutting & Shoe Repair Business for Sale - Mornington Peninsula
"No competition, low rent, and essential services that never go out of demand."
THE OPPORTUNITY
The only key cutting, shoe repair, engraving and watch services business in the area - positioned in a busy shopping centre with high daily foot traffic and virtually no competition. This is a simple, recession-resilient, owner-operated business offering affordable entry at $150,000 with all equipment owned outright and included in the sale.
The vendor is retiring after 7 years of successful operation - a genuine, motivated sale with a landlord keen to retain the business and offer a new lease on favourable terms.
WHY THIS BUSINESS STANDS OUT
- The only provider of key cutting, shoe repair, engraving and watch services in the immediate area a genuine monopoly position with natural barriers to entry
- Annual turnover of approximately $168,000 with a gross profit of $129,000 strong margins underpinned by very low occupancy costs
- Very low rent
