Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
π Location
Address: 2 Kovan Rd, #01-07 SIMON PLAZA Singapore 548008
Simon Plaza, 2 min walk from Kovan MRT. Zero mini mart competition within 200m. Captive catchment of 3 condos + surrounding landed estate. Established walk-in traffic.
πͺ The Shop
- 1,000 sqft ground floor unit
- Full Cold Storage-style fit-out (chillers, freezers, shelving, CCTV, full POS system)
- Turnkey β no additional renovation needed
π° The Numbers
- Monthly revenue: S$40,000 β S$50,000
- Potential monthly gross profit: ~S$15,000 under hands-on operation
- Rent: S$6,100 + GST
- Lease balance: 2 years 5 months. Option to Renew for additional 3 years
πΈ Takeover Terms
- Takeover fee: S$30,000 (includes all equipment + POS)
- Inventory: ~S$40,000 (to be stock-counted at handover)
- Price negotiable for serious buyers
π Why We are Selling
Shop is far from home and my health no longer allows me to be on-site full-time. Business fundamentals are sound β it simply needs a hands-on operator to unlock its full potential.
π― Ideal Buyers
1. Mini mart / retail operators β plug-and-play into an established catchment with no nearby competition.
2. EP / PR applicants β ready-made Pte Ltd + operating business + physical premises. Lease duration comfortably covers a 2-year application runway.
3. Change-of-trade buyers β 1,000 sqft prime neighbourhood unit with full fit-out. Save S$50k+ in renovation if converting to cafΓ©, bubble tea, pet shop, laundry, health food, etc.
π Shop is fully operational. Viewings strictly by appointment β come see the traffic for yourself before we talk price.
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