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Listing Id: 14355 Last Refreshed: 07/05/2019 Total Views: 8756

Rare - Profitable Minimart For Sale At Upper Bukit Timah

Bukit TimahConvenience Store
Asking Price: S$50K - 100K
  • Premise Type N/A Premise Size
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 1
  • Established 2017 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Email Owner

Reason For Sale

Owner has been assigned overseas and will not have time to manage the business

Description

Chase your dreams to run your own minimart as a source of passive income (part-time) or retirement plan.
Here is one minimart with a relatively small entry price that will be profitable from Day 1. Potential to increase profitability even further through several channels should owner have some time to develop the business.

Reasons to buy:
Location: The ONLY minimart within the condo in the Upper
Bukit Timah; with the nearest supermarket / convenient store located at least 15 mins away; given profile of residents at the condominium,
selling prices are higher than most HDB minimarts
Rental: One of the lowest rentals in the area at only 2.2k per month for a c.450sqf space with reasonable landlord
Products & services: 1-stop shop for residents in the condo with both liquor AND cigarette licenses and also provides laundry and dry cleaning, top up, cash withdrawal and home delivery services
Operations:
Includes a POS system, NETS machine, and chiller (1 unit)
and freezer (1 unit) (valued at $3.5K each).
Training: Owner training can also be
provided for smooth transition, along with a complete list of current
suppliers.
Offer: Discounted price of $69K, all
inclusive of:
- Product stock ($10,000)
- Rental deposit ($6,600)
- One chiller and freezer ($6,000)
- Liquors and cigarettes licenses
- POS systems
/ NETS machine, and chiller / freezer
- Shelves
- Supplier contact
- Owner training
Dealing diectly with owner so no
agent commission required, which is factored into the offer price
Reason for sale: Owner has been assigned overseas and will not have time to manage the business

Interested parties please leave your contact number and email address

Business Operation

12 hours everyday
Business Hour
Provided if required
Support and Training

Property Information

Rent
Premise Status
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