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Listing ID: 374 Total Viewed: 6

Minimart With Takeaway Fruit Counter At District 13 For Sale (Sold)

Kallang/Whampoa, Singapore

Asking Price : SGD145,000

Revenue: SGD68,000

Cash Flow: Not Disclosed

Payable: SGD0***

Established: 2013

Gross Profit: SGD19,000

Inventory: SGD70,000

Receivable: SGD0***

Owner Role: Full Time

Net Profit: SGD9,600

Liability: SGD0***

FFE: SGD60,000

Staff: 2

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

***NOT included in asking price

Reason To Sell
No time to manage business, have another business and family member is sick.
Business Description
The minimart is along main road, that is next to famous restaurants, foreign worker hostel, industries/offices.
It is newly start-up for only 5 month, but already making good profit(achieve S$9,600 for Oct-2013). 
The shop is equipped with CCTV that you can monitor via the mobile phone.
It has the regular customer base, and potential to grow by another 40%.
The fixed asset includes:
1) POS System  
2) 4 air-cons  
3) 1 refrigerator 
4) 1 Fruit display fridge  
5) 1 freezer  
6) 36 shelves 
7) back-end system 
8) renovation 
9) 1 HDTV  
10) 1 Philip Juicer 
11) and other miscellaneous items
The price is negotiable, it does not include the rental deposit, but include S$70,000 stock
Business Operations
Business Hour:
Mon-Sat(7am-12am) Sun (12pm-12am)
Supporting and Training:
Will provide training & assistance for a week
Staff:
1 Local, 1 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1600sqft
Rental Fee:
SGD5,000
Rental Deposit:
SGD10,000 (NOT included in selling price)
Lease Term:
2 years lease started from July 2013
Premises Detai:
Comes with toliet, shower area, big storage area and backdoor

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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