Businesses For Sale in SingaporeSingapore

Listing ID: 14355
Total Viewed: 5188
Last Refreshed: 03/01/2019

Rare - Profitable Minimart For Sale At Upper Bukit Timah

Bukit Timah

Asking Price : S$50K-100K

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2017

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 1

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

Reason To Sell
Owner has been assigned overseas and will not have time to manage the business
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 Operations
Business Hour:
12 hours everyday
Supporting and Training:
Provided if required
1 Local
Property Information
Premise Status:

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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