Singapore  Singapore

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Listing Id: 13959 Last Refreshed: 07/05/2019 Total Views: 15608

(Expired)Rare Minimart Business for sale!!

WoodlandsConvenience Store
Asking Price: S$250,000
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue S$4,000,000 Liability N/A
  • Gross Profit S$350,000 Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 3
  • Established 2010 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Derick

Reason For Sale

Too many businesses on hand. Unable to manage

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 Operation

8am to 1am
Business Hour
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!
Facilities
No competition as there is a trade control by hdb.
Competition
This is a very large business model.
The limit of expansion is limitless
Expansion Potential
Will provide a set of formula to check inventory.
Will provide suppiler information including overseas suppiler
Support and Training

Property Information

Rent
Premise Status
3 year
Lease Term
Yes, it can work at home
Home Base
/

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