City Business Brokers are delighted to offer for sale this extremely well-established independent Shoe Repair and Key Cutting business in a highly desirable location in Oxfordshire.
The premises is situated on a prime High Street with high footfall and is surrounded by complimentary retails shops. The business offers a high-quality shoe repair, key cutting and engraving service with additional sales from associated products such as laces and polishes.
The current owner has been established for 20 years and enjoys a turnover of over £65,000 per annum with good profits. The business operates on a leasehold basis with 3.5 years left on the lease and new lease available.
The smart frontage opens from the main street in to the customer waiting area with high counter, display shelving and space for key blanks. There is also a small cellar used as a work area and access from the back to a courtyard space. The business comes equipped with 3 key cutting machines, 2 stitching machines, engraver, shoe press and finishing machine worth approximately £24,000 which is included in the sale.
This is a genuine sale with the current owner now wishing to semi-retire after 20 years as owner and operator. The ideal buyer would be a skilled Cobbler now wishing to branch out and run their own business.
There is plenty of opportunity to grow the business through the sale of trophies and further engraving services, watch and phone repairs. The business would also benefit from a greater online presence and further marketing.
3 years with new lease available.