Back to listings Save

Very Profitable leasehold laundry in Central Edinburgh

City of Edinburgh, Edinburgh

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    23/11/21

  • Advert ID

    286522

  • Leasehold: £60,000
  • Rent: £16,000
  • Turnover: N/A £0 Per week
  • Net Profit: N/A

Business Details

Centrally located, Edinburgh based launderette for sale.

It is one of the most profitable laundrettes in the area. The launderette was fully refitted just over a year ago with brand new equipment.

The turnover is approximately £12,000 per month. Loads of opportunity to expand.

The outgoings (including wages) are about £6,500 per month.

There is scope for substantial expansion.

If the owner works on-site, the staff wages can be reduced to further increase the profit.

Most customers pay cash.

The figures will be made available face-to-face to suitable parties who can demonstrate the ability to buy.

There may be a small amount of negotiation on price for a quick and simple deal.

The owner has recently transferred the business to a new Limited Company which may allow for a simple company sale.

Get in touch for more information. Please however tell us a bit about yourself when enquiring.

07/03/22 I APOLOGISE I HAVE NOT BEEN ANSWERING ENQUIRIES FOR THE LAST COUPLE OF MONTHS - SIMPLY BEEN TOO BUSY ON OTHER MATTERS - I WILL TRY AND GET BACK TO EVERYONE NOW.

Read more

Key Features

Contact the seller for more details, or book a viewing

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

0 of 0

Contact seller

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Rest your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

0 of 0

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'Very Profitable leasehold laundry in Central Edinburgh ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.