Locksmiths for sale in Pershore

View the "Well-Established Key Cutting and Shoe Repair Business For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I am delighted with the service – I’ve sold my business and highly recommend Daltons to other business sellers 

Marianne Ross (April 2014)
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Leasehold Price: £12,500 Turnover: £24,447 Gross Profit: £12,708
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this cobbler and key cutting business in Pershore, Wrocestershire. The business was established by our client in 1977.  Only now is the business being offered to the market due to our client`s wish for a well-deserved retirement. The business generates a turnover in the region of £24,000, with a gross profit of approximately 52% as per 2015 accounts. The turnover is generated from the repair of shoes and key cutting services.

We feel the turnover could be increased by extending the opening hours as the business is currently run at a pace to suit our client and is closed on Sunday and Mondays. We also feel the business could benefit from a small marketing campaign to advertise the business and services offered. The business could also expand into complimentary lines such as engraving and car keys etc.

The shop has an excellent reputation within the area and is well supported by the local community with a very loyal customer base. We feel this is an excellent opportunity for a new owner to take this business to the next level; therefore early viewing must come highly recommended.

LOCATION
Ye Olde Cobbler is located in a prime trading location at the rear of the main shopping centre in Pershore, Worcestershire. The property is ideally located in the town centre and is surrounded by a wealth of complimentary shops and businesses. The business benefits from a large car park close by, as well as a vast amount of footfall and passing trade.

Pershore is a market town located on the banks of the River Avon and as of the 2011 census the population was 7,125. The town is best known for Pershore Abbey, Pershore College and the pears and plums grown locally. Pershore boasts a wealth of shops, amenities and attractions including schools and churches, making the town a very popular place in which to live and work.

The area is well served by the public transport system with several bus stops within easy walking distance of the property. The property boasts easy access to the A-road system with the A44 being in close proximity, which leads to the vast A-road and motorway networks. Evesham is approximately 9 miles away and Worcester is 10 miles away.

PREMISES
Single storey lock-up premises set within a small courtyard to rear of shops, briefly comprising:

Main sales area with:

Fixtures and fittings to suit trade.

Lace display area.

Key display area.

Counter servery with electronic cash register.

Key cutting machines including:

Cylinder machine.

Morticer machine.

Tibbing machine.

Shoe repair equipment including:

Shoe finisher.

Outsole stitcher.

Press.

Band scourer.

Patcher.

Work benches.

To the rear is a kitchenette and WC with hand wash basin.

External with:

Main road signage.

TENURE
We are advised Leasehold:

Rolling lease.
Rent: £30 per week.

HOURS
The business is open:

Monday: Closed

Tuesday – Friday: 8.30am – 4.30pm

Saturday: 8.30am – 1.00pm

Sunday: Closed

STAFF
The business is owner run and managed.

FINANCIAL PROFILE
The business generates a turnover in the region of £24,000, with a gross profit of approximately 52% as per 2015 accounts.


Tenure: Leasehold

Listed by: Hilton Smythe
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