Businesses For Sale in SingaporeSingapore

Listing ID: 12927
Total Viewed: 8901
Last Refreshed: 19/09/2018

Minimart For Takeover At Little India (Sold)

Central Area

Asking Price : SGD50K - 100K

Revenue: SGD50K - 100K

Cash Flow: SGD50K - 100K

Payable: Not Disclosed

Established: 2016

Gross Profit: SGD10K - 20K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD10K - 20K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
Partnership issue
Business 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

Business Operations
Not Disclosed
Property Information
Premise Status:
Rental Fee:

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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