Singapore  Singapore

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Listing Id: 32312 Last Refreshed: 10/07/2024 Total Views: 104

Selling Winning Formula & Expertise

Bukit PanjangConvenience Store
Asking Price: Price On Request
Business For Takeover
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Overview

  • Premise Type Neighbourhood
  • Premise Size N/A
  • Monthly Rental S$2,000
  • Rental Desposit S$2,000
  • Revenue S$24,000
  • Liability N/A
  • Gross Profit S$11,000
  • Net Profit S$8,000
  • 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

Moving overseas

Description

Revenue will be higher if choose to sell cig. Most Cigarette profit is around 1$ per box and will still be cheaper than 7-11. Some cigs profit almost $2/box.

History:
2023 April: started a convenience store. Average margins were 11%-17% (some days lesser). Cigs inclusive. Constantly acheiving 2200- 2700 per day. All data saved and proof available.
Profit around 300-500 a day

2023 September: Highest daily revenue acheived $4,000 per day.

Today: Even with daily sales at less than 1k, without cigs, our gross profit remains at 300-500 per day. Thats at around 40%-50% margins.

Formula can be replicated to other stores at other locations if needed.

Side note: if you choose to buy over the formula and the company of 10 years, comes with around 30k worth of inventory and equipment.

Property Information

Rent
Premise Status
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