Businesses For Sale in SingaporeSingapore

Listing ID: 13959
Total Viewed: 3562
Last Refreshed: 19/09/2018

Rare Minimart Business for sale!!

Woodlands

Asking Price : S$250,000

Revenue: S$4,000,000

Cash Flow: S$50K-100K

Payable: Not Disclosed

Established: 2010

Gross Profit: SGD350,000

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 6

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
Too many businesses on hand. Unable to manage
Business Description

very Rare! Profitable HDB Minimart for Assignment. Current lease is direct from HDB which is very rare in recent years. Profit margin is more than 30% , and much higher than normal minimarts (usually around 10 to 15%), due to its unique geographical location and environment. This minimart is the only minimart in its vicinity and there is a trade control by hdb to future protect this everlasting peace .


Located in the Heart of HDB Estate


Proximity to Bus Stop & Main Road

One and Only Mini Mart On this Area due to trade control by the hdb , so u dont have to worry about competition in the future . has a  Very good potential for growth as it is Surrounded by hdb / condo / Offices and schools.


3 peak period which is very rare!!

morning peak as there is a market on the back of the mall

afternoon as there is 2 coffeeshop located within the mall with lunch time crowd coming from surrounding offices

evening afterwork crowd / dinner crowd and leisure crowd as this is a hdb mall with lots of other shops.


letting go such a prime shop as i have other business dealing and cant focus on so many business at 1 go.


daily sales of 7.5k to 8k

Assignment Fee $250k( including all the goods in the shop )


Business Operations
Business Hour:
8am to 1am
Supporting and Training:
Will provide a set of formula to check inventory. Will provide suppiler information including overseas suppiler
Staff:
3 Local, 2 Foreigners, 1 Part Time
Property Information
Premise Status:
Rent
Lease Term:
3 year
Home Base:
Yes, it can work at home
Other Information
Facilities:
the cost for the whole shop cost more than 250k including goods. this cost havent include take over fee of market rate 80k. u will save more than 130k. a great bargain!
Competition:
No competition as there is a trade control by hdb.
Expansion Potential:
This is a very large business model. The limit of expansion is limitless

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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