SingaporeOverview
Financial Performance
Revenue
S$24,000
Gross Profit
S$11,000
Net Profit
S$8,000
Monthly Rentalt
S$2,000
Business Operations & Assets
Owner Role
Full Time
Premise Status
Rent
Premise Type
Neighbourhood
Rental Deposit
S$2,000
Business Details
Reason For Sale
Moving overseas
Description
Revenue will be higher if choose to sell cig. Most Cigarette profit is around 1$ 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.
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.
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