Edinburgh WS Shopping Mall Vape Shop Kiosk Business Ready for New Ownership
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Advert ID
623440
- Leasehold: £18,598
- Rent: £14,400 (£1,200 per month)
- Turnover: £41,600 (£800 per week)
- Profit: On request
Key Features
- Open Plan Trading Area
- Town Centre location
- Close to Local Amenities
- Established Business
Business Details
Vape shop kiosk business for sale in Edinburgh's ws shopping mall
A vape shop kiosk business, located in Edinburgh's WS shopping mall, is now available for sale. This established business enjoys a central position in a prime location, boasting high footfall with an impressive 50,000 head count. The shop is situated in a bustling town center, surrounded by numerous amenities that draw customers, including shops, restaurants, and various public services.
The business is fully operational, modern, and optimized, ready for a seamless transition to new ownership. It is being sold with all inventory, fixtures, and fittings included in the price. In addition, the current owners are willing to assist the new owner with connecting suppliers and offer training opportunities to ensure the business continues to thrive.
Competition in the area is low, further enhancing the business's appeal. The business has experienced an increase in turnover over the year, currently reporting a turnover of £41,600, with an annual rent of £14,400. The leasehold opportunity is available with the price upon request.
The reason for selling is the owner's relocation out of the country. This attractive business offers an open-plan trading area and benefits from a new lease. It is fully fitted and strategically placed adjacent to multiple retailers, making it a compelling opportunity for potential buyers.
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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. 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.
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