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Listing Id: 31756 Last Refreshed: 14/06/2024 Total Views: 2194

(On Hold)Mini Market / Convenience Store In Bukit Timah Area

Bukit TimahFood and BeverageRetail
Asking Price: S$85,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Neighbourhood
  • Premise Size 630 sqft / 59 sqm
  • Monthly Rental S$2,725
  • Rental Desposit N/A
  • Revenue S$51,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Relocating

Description

For sale by owners. Well established Mini Super-Market for sale in Bukit Timah area. Several bus stops to nearest grocery store. Centrally located in 900+ unit condominium complex.
Retail sales of fresh and frozen foods, canned goods, beverages, alcohol and household products. Also includes high margin Laundry services! Truly a Mini Super-Market!

In addition to the inside store square footage, building management allows us the use of exterior corridor for chillers, freezers and storage. Must see to appreciate the usable space.
The store currently operates 6 days a week 9am-9pm, closed Mondays. New owner could expand sales with 7 day operation and through delivery services to adjacent condominiums.

Sale includes approximately 50-60k inventory, equipment and approximately 8,300 SGD cash deposits (Rent deposit, Sembcorp deposit, NETS deposit, Global credit card machine deposit). Equipment includes new EPOS system with fruit/veggie scale, all freezers, chillers, air-con system and alcohol/tobacco license. New owner can takeover and never miss a day of operations.
No outstanding debt.
Call John for questions or to set up viewing appointment +65 84360102

Business Operation

Chillers, freezers, inventory/stock, aircon, EPOS cash register system with fruit/vegetable scale, shelving, baskets, trollys.
Facilities
Several bus stops from nearest grocery store.
Competition
Could expand operating hours and delivery services.
Expansion Potential

Property Information

Current lease ends Dec 31, 2025.
Lease Term
/

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