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Listing ID: 12927 Last Refreshed: 26/05/2019 Total Views: 10287

Minimart For Takeover At Little India

Central Area

Asking Price: S$50K - 100K
Minimart For Takeover At Little India
  • Premise Type N/A Premise Size N/A
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue S$50K - 100K Cash Flow S$50K - 100K
  • Gross Profit S$10K - 20K Net Profit S$10K - 20K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2016
  • Owner Role Full Time Staff 0
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Jaya

Reason For Sale

Partnership issue

Description

*** Minimart for Takeover***
Takeover fee : 50k including of

- Fully renovated shop
-2nd and 3rd sty 7 rooms fully renovated and installed with air cons.
-2nos POS with latest inventory software
-1 Brand new chiller
-7 CCTV cameras with control units and TV
-3nos brand new air con
-Brand new racks (wall gondola and island gondola)
-1 Brand new weight scale + One spare old scale
-1 Brand new motorized awning
-New vegetable racks
-2 no’s of NETS terminal
-1 mobile phone line with brand new Huawei mobile set
-1 Land line
-Tobacco license approved
-Liquor license (In progress)

-Pte Ltd Company with one S-pass staff (Optional).


Shop rent : $2200
2nd sty and 3rd rooms currently collecting $5800 rent.

Total rent to landlord $8000 / month.
2month deposit + 1month advance rent - $24k


Stock value - $25 to $30k (approximately).


Monthly Revenue - 40k to 50k


Property Information

Rent
Premise Status

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