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Listing Id: 12927 Last Refreshed: 26/05/2019 11847 Views

Minimart For Takeover At Little India

Closed
Asking Price <span class='currency'>S$</span>50K - 100K
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$50K - 100K
Gross Profit
S$10K - 20K
Net Profit
S$10K - 20K
Monthly Rentalt
S$0

Business Operations & Assets

Year of Incorporation
2016
Owner Role
Full Time
Premise Status
Rent

Business Details

Reason For Sale

Partnership issue

Description

*** Minimart for Takeover***
Takeover fee : 50k including of

- Fully renovated shop
-2nd and 3rd sty 7 rooms fully renovated and installed with air cons.
-2nos POS with latest inventory software
-1 Brand new chiller
-7 CCTV cameras with control units and TV
-3nos brand new air con
-Brand new racks (wall gondola and island gondola)
-1 Brand new weight scale + One spare old scale
-1 Brand new motorized awning
-New vegetable racks
-2 no’s of NETS terminal
-1 mobile phone line with brand new Huawei mobile set
-1 Land line
-Tobacco license approved
-Liquor license (In progress)

-Pte Ltd Company with one S-pass staff (Optional).


Shop rent : $2200
2nd sty and 3rd rooms currently collecting $5800 rent.

Total rent to landlord $8000 / month.
2month deposit + 1month advance rent - $24k


Stock value - $25 to $30k (approximately).


Monthly Revenue - 40k to 50k


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