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Listing Id: 18442 Last Refreshed: 12/06/2020 Total Views: 1869

(Expired)Minimart For Sale (Bukit Timah)

Bukit TimahHome Accessories Shops
Asking Price: S$22,000
Business For Takeover
Look For Investor
Look For Partner
Lyn

Overview

  • Premise Type Neighbourhood
  • Premise Size
  • Monthly Rental S$1,900
  • Rental Desposit N/A
  • Revenue N/A
  • 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 N/A
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Owner is moving overseas

Description

Want to become a business owner and run your own minimart as a source of passive income (part time) or retirement plan?

Existing minimart with small entry price available. Potential to increase profitability even further through other channels should owner wish to develop the business

Reasons to Buy:
Location: The ONLY minimart within the condo in Upper Bukit Timah. Nearest supermarket/convenience store located 20 mins away. Able to price products in shop higher than most HDB minimarts as residents willing to pay premium for convenience.

Rental: Low rental with reasonable landlord. Aircon & Lighting just upgraded.

Products & services: 1-stop shop for residents with both liquor and cigarette licenses, with laundry and dry cleaning, top up, so-cash & home delivery

Operations: Includes POS system, NETS machine, So-cash machine, chiller (1 unit), freezer (1 unit). Total value ($10K)

Training: Owner training can be provided to ensure smooth transition, with complete listing of suppliers

Deal directly with owner so no agent commission required.

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