Thriving Convenience Store In Prime Sengkang Condo Location For Sale

Owner unable to commit to business full time

Opportunity knocks with this well-established minimart located within a bustling 1,400-unit condominium in Sengkang. This business is ideally positioned to serve a growing community, with significant potential for expansion. The current owner is seeking a takeover due to an inability to commit full-time, making this a prime opportunity for an enthusiastic buyer ready to drive further growth.

Included in the takeover price of S$45,000 (negotiable) are essential components for a smooth transition:
- Comprehensive business profile takeover
- Alcohol and tobacco licenses
- Necessary equipment such as fridges, freezers, a microwave, and a POS system
- A rental deposit for the premises
- Inventory and stock available for purchase at cost on top of takeover fee

This minimart is not only well-received by residents but also benefits from a growing membership rewards program that encourages repeat business. Additionally, the recent introduction of Grab Mart for delivery services in the area highlights an increasing demand for convenience shopping, especially since the neighboring condominium lacks a convenience store. Furthermore, the presence of a sports facility across the street provides additional foot traffic and potential customer engagement.

Operating in a 344 sqft rented space with a monthly rental fee of S$3,200, this business has demonstrated monthly revenues ranging between S$10,000 and S$20,000, with corresponding gross profits in the same range.

This convenience store presents an exceptional opportunity for a buyer looking to tap into a burgeoning market in Sengkang. Whether you're a first-time entrepreneur or an experienced operator looking to expand your portfolio, this business is positioned for success. Don’t miss the chance to take over a well-regarded convenience store with substantial growth potential in a thriving community.

Support and Training will be provided during the entire handover process