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Shoe Repairs, Key Cutting, Engraving for Sale

Andover, Hampshire

Leasehold : 15,000

Located in the busy town of Andover, Hampshire, down a pedestrian-only street backing onto a busy car park, with a dry cleaners next door.

For sale: highly successful 'Hobnails Traditional Shoe Repairs' based in Andover, Hampshire. Business covers the services of shoe repairs, key cutting and engraving and has been owned by the current owner for 16 years and established over 40 years ago. With a large, loyal customer base and excellent local reputation, this thriving business has the potential to expand even more in the coming years.
Premises Details:

Single storey, lock-up premises, owned by the local council, with excellent low rates of rent.

Main sales area with:
Fixtures and fittings to suit business.
Lace display.
Key display.
Counter with electronic cash register.

Shoe repair equipment:
Band scourer.
Outsole stitcher.
Dn76 lock stitcher.
Long arm patcher.
Heel wheel with PU pin extractor.
Heat reactivator.

Key cutting equipment:
Mortice machine x 2.
Cylinder machine x 2.
Tibbie machine.
Car key programming device RW4-FAST COPY.

Engraving equipment:
Gravograph IS200 engraver.
T-shirt/sign plotting cutter machine (currently at home, included in sale).
Heat press.
Mug sublimation printer.

Work benches.
To the back is a small kitchen, WC and sink.
External signage to front and back, with access from both sides.
Current owner only selling due to medical reasons.

Price: 15000 for quick sale (valued at 30000+) including fixtures, fittings, all above listed machines and good will. Stock at value.

Rent: 8700pa (2175per quarter)

Current Lease: 20 years from 11th Jan 2003, with break clause.

16/17 rates: 1210

14/15 turnover: 51581

Turnover reflects various closed days for medical appointments etc. Current owner also operating on 5 days a week only, with no additional staff. Business turnover potential much higher due to these circumstances.

Additional Equipment/Stock
Also available for sale (all currently at home):
Brand new Ace SH-15NET FEIYA embroidery machine (cost 5000).
Recently purchased MagicTouch t-shirt printing larger heat press.
Large of amount of sublimation mugs (for use with machine).
Large amount of polo shirt, t-shirt and sweatshirt stock, in various sizes and colours (for use with t-shirt printing equipment).

Trading Hours: Mon, Tues, Wed, & Fri 9-5
Sat 9-4
Staffing: 1
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624 Advert ID 47447

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