Price: $219,000

#N1 - 1460 Major Mackenzie Drive, Vaughan, ON L6A 4H6

Its rare to find a profitable and stable shoe repair & key-cutting business located near the prestigious King City in one of the largest and busiest plazas in Vaughan. Sole Perfection Shoe Repair is situated at a high-traffic intersection, surrounded by a variety of successful anchor businesses such as Yummy Market, Starbucks, RBC, TD Bank, Beer Store, Dollarama, Doctors offices, fitness centers, and numerous restaurants. Operating for 13 years, this business has established a high-end, loyal clientele that returns for its services and also consistently attracts new customers in an ever-expanding neighbourhood. With 100+ Google reviews and a 4.5 rating, local and clients from afar travel to get their items repaired. The primary services offered include shoe repair, purse repair, key cutting, skate sharpening, watch battery replacement, and passport photos. There is potential to expand services to include clothing alteration, engraving, locksmith, and automotive key duplication, among others. Ample parking space is available for customers, and full training will be provided to the new owner. The business can operate seven days a week, and plaza hours are not limited to maximize income. Unlike many other businesses facing tons of competition, this industry has very low competition and high profit margins, which allow for greater financial stability and higher revenue generation. **A complete list of income and expense statements is available for review.**


Property Overview

Property type

Commercial - Sale Of Business

Building Area

712 Square Feet

List Price

$219,000

Gross Income

N/A

Annual Taxes

$18

Tax year

2025

Business Type

Footwear

Years in Business

N/A

Location

Vaughan, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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