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Listing Id: 963 Total Views: 31022

(Sold) Profitable Hdb Void Deck Mini-Mart For Sale

Tampines

Date Closed: 14/11/2014

Asking Price: S$130,000

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$5,800
  • Rental Desposit N/A
  • Revenue S$50K - 100K
  • Liability N/A
  • Gross Profit S$10K - 20K
  • Net Profit S$5K - 10K
  • Stock S$40,000***
  • FFE S$10,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 2
  • Established 2001
  • Source Broker
  • ***Inlcude in the selling price

Reason For Sale

Retirement

Description

Profitable mini-mart in Tampines, operational for 13+ years.

Owners would like to retire, and hope to find someone who can carry on the business.

Daily average sales range between $2,000-$3,000.

Asking price of $130,000 includes all stock, which is estimated between $40,000-$50,000. Deposits (rental) to be given to HDB directly.

Can take over existing lease, or sign a fresh lease with HDB.

ROI in approximately a year; quick returns.

Business Operation

7am - 10 pm
Business Hour
Yes, 1 month
Support and Training

Property Information

Rent
Premise Status
1+1, 2+2, 3+3
Lease Term
HDB Void Deck
Premises Details

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