Key Cutting – Battery Sales – Shoe Repairs

For Sale

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Central Coast

Business Code: SFG1105

$120,000.00
+ Estimated Stock (SAV) $20000
Key Features: Superb location. An essential service and supply of essential retail items and accordingly largely recession proof business. Great branding. Easily acquired skills.
State: NSW
Suburb: Erina
Location: Excellent location in high foot traffic area outside a major retailer in large regional shopping centre on Central Coast
Premises: Well presented kiosk with high visibility attracts customers from all directions totaling 30 sq. mts.
Price not disclosed

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Semi-retirement

Sale Reason

2011

Established

Under cover parking

Parking

2 part-time owners

Employees

7 days, Monday, Tuesday, Wednesday, Friday: 9 am to 5.30 pm. Thursday: 9 am to 9 pm. Saturday: 9 am to 5 pm. Sunday: 10 am to 4 pm.

Trading Hours

Current lease through to September 2023. New lease is available with current owner having negotiated new 3 year lease with no upgrade shop fit.

Lease

Retail key cutting, battery sales, car remote sales, shoe repairs and engraving. This recession proof business has a track record of profitable trading. Key features include the very high profit margins. Situated in one of the best shopping centres in NSW this business has multiple income streams from retailing of batteries and remotes, through to simple key cutting and minor shoe repairs and minor engraving. All skills are easily acquired and training will be provided. Furthermore the overheads are low as this is not a franchise giving the owners a competitive advantage over similar enterprises . Adding to the attractiveness of the offer is its brilliant kiosk location with patrons having to walk around the business to access their shopping destinations. This produces knowledge of location and many impulse sales.

Features

Superb location. An essential service and supply of essential retail items and accordingly largely recession proof business. Great branding. Easily acquired skills.

Potential

Introduce swipe tag lines and servicing. Increase engraving through acquiring computerized engraving equipment. Develop website and implement social media and instagram campaign. A genuine franchisable opportunity.

Comments

Excellent opportunity to acquire well established and profitable essential retail and service business. Full training is available to the new owner. Retail sales and key cutting form the vast majority of turnover. The shoe repair aspect of the business is largely limited to heel and sole repairs and relevant skills are easily acquired. -

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$8000
Cost of Goods
$1250
Gross Profit
$6750
Rent
$2500
Telephone
$30
Insurance
$25
Electricity
$40
Misc 1
$300
Misc 2
$300
Total Expenses
$3195
Estimated Stock
(Additional)
$20000
Net Profit
$3555
Price
$120,000.00
+ Estimated Stock (SAV) $20000
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