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Listing Id: 28720 Last Refreshed: 28/06/2023 1099 Views

Well Established And Profitable Minimart In Bukit Timah For Takeover

Expired
Asking Price S$280,000(Neg.)
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
S$50K - 100K
Gross Profit
S$5K - 10K
Net Profit
Not Provided
Monthly Rentalt
S$2,700

Business Operations & Assets

Owner Role
Full Time
Premise Type
Neighbourhood

Business Details

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.
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