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Listing Id: 31756 Last Refreshed: 14/06/2024 2587 Views

Mini Market / Convenience Store In Bukit Timah Area

Under Offer
Asking Price S$85,000(Neg.)
This listing is currently On Hold.

The seller has temporarily paused this listing. It is not accepting buyer enquiries at this time.

Overview

Financial Performance

Monthly Figures
Revenue
S$51,000
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$2,725

Business Operations & Assets

Owner Role
Full Time
Premise Type
Neighbourhood
Premise Size
630 sqft / 59 sqm

Business Details

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

Facilities

Chillers, freezers, inventory/stock, aircon, EPOS cash register system with fruit/vegetable scale, shelving, baskets, trollys.

Competition

Several bus stops from nearest grocery store.

Expansion Potential

Could expand operating hours and delivery services.
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