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Listing Id: 26085 Last Refreshed: 16/09/2022 1411 Views

Prime Location For Convenient Store, Right Between Two 5 Stars Hotel, 2 Office Buildings And 2 Condo

Expired
Asking Price S$175,000(Neg.)
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
S$20K - 50K
Net Profit
Not Provided
Monthly Rentalt
S$3,250

Business Operations & Assets

Stock
S$75,000 Price Included
FFE
S$30,000 Price Included
Receivable
S$600 Price Included
Year of Incorporation
1
Owner Role
Full Time
Premise Status
Rent
Premise Type
Office Building
Premise Size
560 sqft / 52 sqm
Rental Deposit
S$6,000
Premises Details
The vicinity has a high demand for convenience as shared, it is in between two five stars hotel, situated at a retail/office building and two condominiums, the only convenience beside this mart is a tiny 7-11 in the vicinity.

Business Details

Reason For Sale

Relocating

Description

RARE FIND! Situated below a full occupied almost 30 storeys office building, two 5 stars hotels (10m away for both), 2 office buildings (200m away) and 2 condos (10m & 100m), both condos are almost 30 storeys. No convenient options besides one tiny 7-11 in the vicinity, with very high human traffic with high spending power. Long-term stays at the hotels are 8-15K/ month, so they are not price-sensitive with the items you sell. EZ Go Mart has the perfect mix of customers. The convenience mart has established itself to be the go-to place for the vicinity and even the Pan Pacific and ParkRoyal on Beach Road hotel butlers' come to the mart to get things for their clients. Only letting go because of work relocation.


Come fully furnished with fridges, supermarket racks, CCTV (phone app abled surveillance), brightly lit and all the necessary things needed for a convenient mart. Plus a bonus of a self-help counter for hot water, microwave and tabletop with high stools, like those convenient marts overseas. The mart also has an alcohol and tobacco license and the layout is optimised, with no wasted dead space and steady daily sales (revenue figures will be provided).


Only contact if you are a serious buyer, arrange for viewings before this rare find is snapped up via Whatsapp at +6590935422.

Buyer Support & Terms

Support and Training

Will handover supplier contacts as well as payment enablers

Seller Financing

Yes, seller financing is available.
To be discussed.
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