Listing Id: 28720
Last Refreshed: 28/06/2023
Total Views: 1041
(Expired)Well Established And Profitable Minimart In Bukit Timah For Takeover
Bukit TimahConvenience Store
Asking Price: S$280,000(Neg.)
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
Overview
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Premise Type
Neighbourhood
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Premise Size
N/A
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Monthly Rental
S$2,700
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Rental Desposit
N/A
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Revenue
S$50K - 100K
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Liability
N/A
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Gross Profit
S$5K - 10K
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
To focus on other retail business
Description
Rare finding! Well established and profitable minimart inside a condo at Bukit Timah for takeover.
Reasonable rental for a good size unit.Liberal use of huge corridor space.Selling extensive range of fresh and frozen food items -vegetables, fruits, beverages, alcohol, confectionary, dairy, snacks, canned foods, hardware and other household goods.Laundry service is also available.
Operates 6 days a weekAverage monthly sales of $50K-$60K.A potential to increase the revenue by increasing the operation to 7 days and/or extending operating hours as well as doing e-commerce orders & delivery service to other condo within the vicinity.
Takeover fee S$280K includes following:
Inventory (value up to 50K)Security deposit - rental, electricity, NETS machine, NPN machine, SoCash machine, etc (refundable)4 standalone 2 door freezer4 standalone 2 door chillercustom racks and shelving unitsePOS systemcommercial weighing scaleDaikin commercial cassette aircon unitsAll licences - business name, tobacco and alcoholSuppliers list
Do whatsapp 84360102 to view minimart for further discussion.Price is open for negotiation with keen buyer.