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DealProspect/Listings/Services

Key Cutting and Shoe Repair Business on Mornington Peninsula

Shoe Repair & Key Cutting

ActiveServicesVictoriaB2C
Asking price
$150,000
Disclosed · AUD
Revenue
$168,000
TTM
Gross Profit
$129,000
Implied multiple
1.2×
asking / earnings

Brief

  • The only key cutting, shoe repair, engraving and watch services business in its immediate area, inside a busy shopping centre
  • Compact 55 square metre premises with very low occupancy costs
  • Trades Monday to Friday only, 9:30am to 5:30pm
  • All equipment and tools owned outright and included in the sale
  • Landlord keen to keep the business in place, offering a new or extended lease
  • Vendor retiring after 7 years running it