Are you looking for a simple, profitable lifestyle business with no staff, no weekends, and real room to grow? This well-established key cutting, shoe repair, engraving and watch service business is now available for sale — positioned in a prime carpark-facing location at Somerville Central Shopping Centre, surrounded by Coles, Target, cafes, a nail salon, butcher and more.
This compact 55sqm shop enjoys outstanding captive foot traffic every single day it opens — and there's no nearby competition. You'd be the only operator of this type in the area.
The Numbers:
- Annual Revenue: ~$168,000
- Gross Profit: ~$129,000 (76.8% margin)
- Rent: ~$2,962/month (inc. GST & outgoings
- Trading Hours: 9:30am – 5:30pm, Monday to Friday only (no restriction, can open further days and times)
Why This Business?
- Owner-operator model — no staff required
- Vendor will train the new owner
- Diverse income streams: keys, shoe repairs, watch batteries, engraving, tags, key rings, shoe care and more
- Currently closed weekends — opening Saturday mornings alone could add substantial revenue
- Independent business, no franchise or marketing fees
- Growing suburb — Busy locals shopping complex draws high foot traffic daily
Property Code: 1946
