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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
Look For Partner

Overview

  • Premise Type Neighbourhood
  • Premise Size N/A
  • Monthly Rental S$2,700
  • Rental Desposit N/A
  • Revenue S$50K - 100K
  • Liability N/A
  • Gross Profit S$5K - 10K
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • 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.
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