Shoe Repairs In Beautiful Australia Vendor Finance Available For Sale

Business description

Wonderful opportunity to buy a shoe repair business in Australia.Located in Armidale,New South Wales,we are only 2.5 hours from the North Coast,and halfway between Brisbane and Sydney.In the New England region,we have a climate very similar to Britain,but with fantastic clear days in winter and warm bright summers.Plus being close to the coast it is a very popular area.

I have owned and operated the business for the last 7 years and also served my apprenticeship here.The shop is currently been run well under potential,needs a new owner wanting a new start and with a business taking good money,with big potential.Takings currently at $2000.00 per week.Competition opened up 2 years ago so that reflects in the figures which are available to view.Previously takings stood at $3000-$3500 per week.

The shop is located in the centre of town,on a busy arcade 50 metres of the main shopping mall.Small premises but with a rent of only $170.00 per week makes it a profitable shop.

The figures consist of shoe repairs,polish and footcare sales,key cutting and small lines of leather goods.The area is a rich farming community which spends a good deal of money on their expensive leather products.If you added engraving,which there is only one engraver in town,and a new selction of high quality leather goods,this business will be trading at the level it deserves to be at.

Excellent local customers,we serve Armidale (population 25000),Glen Innes (10000),Inverell (10000),Moree (12000)and three other smaller towns.We have an agency in Moree,but could look at setting up an agency in the other centres.

Overall a great little business with huge potential.But also to consider is the lifestyle, fantastic living.It is as good as the tv shows show it to be.Australia has escaped a lot of the current financial troubles the world is in.Still with cheap housing, I recently sold a property 3 bedroom brick,1 arce block in town for $200,000

I am selling as i am needing a change, and wanting to see the world.The price is very negotiable.and i will be refunding buyers airfare on completion of sale(sorry no first or business class!!!!!!!).Also willing to vendor finance with terms to suit buyer if necessary.

Property information

Property:

Leasehold

Lease terms:

Excellent landlord,rolling agreement.

Location:

Armidale,N.S.W,Australia.Located in the New England region,2.5 hours from the lovely North Coast,halfway between Brisbane and Sydney.

Premises details:

Leasehold,small premises in centre of town,very cheap rent at $170.00 per week

Other information

Expansion potential:

Expand gift and leather products,add engraving

Competition / Market:

One other located in shopping centre.Competition is paying huge rent ($600 per week) ,so we have the option of reducing prices if need be

Support & training:

As required

Reasons for selling:

Travelling

Trading hours:

Monday to Friday 9 to 5
Saturday 8.30 to 12.30

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

If needed,terms to suit buyer,