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Repair business for sale in QLD

  • Repair
  • QLD
  • $199,000 Plus Operating Stock (approx $20k)

Low-cost Entry Level Business With Solid Profits To Owner 76% Roi

Gold Coast based...

No qualification required, full training provided .Shoe Repair, Key Cutting, Engraving, Watch Batteries, Electronic Car Keys and more. This business has enough profit for owner to reduce their hours and work part-time or, have the business fully managed and enjoy a passive income.

About the Business:

- This "money making business" established in 1985 and is still going strong.

- New 6 year lease recently signed with attractive conditions and CPI increase.

- FY2019 unaudited profit of $152,000 P/A (PEBITDA) to the owner - with zero add-backs

- 2-year average profit unadjusted is $132,083

- The kiosk style shoe repair and key cutting business for sale is an icon in the shopping centre and is also known for supplying watch batteries, garage door remotes, car key remotes, engraving as well-as some milestone gifts (18th & 21st Birthday ideas).

- This business provides many other services, some with massive profit margins.

- The service repair business for sale trades Monday to Friday and a half-day on Saturday. Saturday's are covered by casual staff, giving the owner the weekend off.

- Trading hours could be extended - Thursday nights and trade Sundays.

- The Seller will deliver full comprehensive training to the new owner.

Key Considerations:

- Low weekly rent of $444.50 plus GST, plus approx. $85 per week for (outgoings and Promotions)

- Low stock required - None perishable stock.

- Simple machinery to operate

- Daily operation 1 x Owner plus 1 x Casual (when required)

- Thirty years established in the same location

- Currently a 5 day working week for the owner

- Day time trading no late nights

- Easily run.

- Accountant financials available.

This a long-established business where ou could recoup your investment in little over a year. The owner is negotiable towards the tuition and transition period.

PRICED TO SELL: $199,000 plus stock (approx $20K)

For further information on this opportunity, please contact the agent:

Keith Brewster (Practicing Broker)

Benchmark Business Sales and Valuations

M: 0410 456 544 T: 1300 366 521 E: keith@benchmarkbusiness.com.au or

Ian Salter (Senior Broker)

Benchmark Business Sales and Valuations

M: 0433 563 585 T: 1300 366 521 E: ian@benchmarkbusiness.com.au

If you like to know more about the Business complete our online confidentiality agreement here:https://benchmarkbusiness.com.au/ca-form-2370

We will forward a complete information memorandum once we received it.

or go to our Website www.benchmarkbusiness.com.au and use the reference #2370 to search for the business.

Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Specialty Retail, Handyman, Services, Repair, Keys, Shoes, Engraving, Gifts

Property Code: 2370

Business Highlights

Business ID2015935539
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Last updated  4 Dec 2019
Benchmark Business Sales & Valuations
104/20 Bermuda Place, Lake Orr Drive Varsity Lakes QLD 4227
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