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Listing Id: 19117 Last Refreshed: 19/10/2020 3821 Views

6 Years History Minimart @ Serangoon In The Minton Condominium

Closed
Asking Price <span class='currency'>S$</span>125,000
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
S$54,000
Gross Profit
S$14,000
Net Profit
S$6,000
Monthly Rentalt
S$6,500

Business Operations & Assets

Owner Role
Part Time
Premise Status
Rent

Business Details

Reason For Sale

I have the other full time job. No time to manage.

Description

6 Years History Minimart @ Serangoon in The Minton Condominium.

WhatsApp or SMS: +65 84289440

WeChat: pannizhe88

Monthly Rental - $6,500 per month.

Square feet about - 770 square feets.

Takeover fees about $125,000 including all facilities and inventories in the shop worth at least $70,000 with tobacco and liquor.  - Negotiable (Welcome to offer your price and negotiate)

Free storage room only 20 meters away from the minimart.

Potential revenue - $50,000 to $70,000 per month from previous owner.

Record Revenue - $54,000 per month (proved with daily report everyday).

Estimated net profit month AFTER Minus rental and utilities - $6,000.

Transfer fee from previously owner (excluding inventory) - $65,000 (with invoice proof).

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