Sold business 3464833
Business NO.:
3464833
Status:
Active
Price:
$150,000 + SAV (Negotiable)
Updated on:
28/05/2026

Key Cutting, Shoe Repair & Watch Services Business For Sale [2605272]

Repair | Business for Sale | Somerville

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

For more information and inspection, please contact
Agent: Jennifer
Mobile:


Email:

Office:

Web: www.ngbsm.com.au

****Sales Rep required**** For further information please contact us at

Property Code: 1946

For more details, please email broker or call agents.


LVL 2/79 Hamilton Place, Mount Waverley, VIC 3149