Description
For Sale: Established Supermarket Grocer Convenience Store in Western Suburbs
Asking Price: $198,000
Stock at Value: Approx. $80,000
Annual Turnover: $500,000
Annual Rent: $37,964 + GST
Overview
An excellent opportunity to acquire a well-established, fully-equipped supermarket offering a wide range of grocery and convenience items. This store caters to strong local demand with a loyal customer base and prime positioning in a high traffic location.
Key Features
Great Location: Situated in a busy local shopping plaza in the heart of a high-growth residential area.
Broad Product Range: Stocks day-to-day groceries, refrigerated and frozen goods, dairy, tobacco, soft drinks, confectionery, ice creams, and accessories.
Well-Equipped: Includes CCTV security system, air conditioning, store room, cool room, toilet, and a dedicated loading area with rear access.
Low Overheads: Attractive rent with strong lease terms in place.
Turnkey Operation: Nothing to spend newly renovated and ready for continued operation.
Premises
Approx. 128 sqm
Recently renovated
Includes storeroom, cool room, toilet, and loading area
Rear access for deliveries
Location
Located in a local shopping plaza
Opposite a high school and childcare centre
Surrounded by growing residential developments
Strong foot traffic and community support
Trading Hours
Monday to Friday: 8:00 AM 7:00 PM
Saturday & Sunday: 9:00 AM 4:00 PM
Open 7 Days
Lease Details
Lease expires April 2028 with 2 x 5-year options
2 months bond
4% annual rent increase
Growth Potential
Plenty of scope to boost revenue with:
Local and social media marketing
Introduction of Lotto, money exchange services, gift items, and fresh flowers
Expanding product range to meet community needs
Take the Next Step
This is a rare chance to acquire a thriving business in a sought-after area with nothing more to spend. Whether you're an experienced operator or first-time buyer, this business offers security, growth potential, and a loyal customer base.
Business Reference Code : PB1523
Singapore