Listing ID: 14456
Total Viewed: 5281
Last Refreshed: 15/10/2018

Established And Profitable Minimart For Takeover In The East

Marine Parade, Singapore

Asking Price : S$180,000

Revenue: S$500K-1M

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2015

Gross Profit: SGD100K - 200K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
Owner will be travelling frequently soon and has no time to manage
Business Description

Monthly Revenue : ~S$60K

Monthly Profit : ~S$9K - S$12K ( through proper cost management )

Low Rental

Operation : 9am to 10pm daily

Liquor License

Tobacco License

Good variety of groceries

Laundry Services

Top-up card service

Cash withdrawn service

Cashless payment systems in place

Self run operation by store manager and team

New owner needs only to be in the store once a week to cash out, do accounting and order goods. 

Open sheltered area in front of the shop for customers to drink beers bought from the shop. 

CCTV setup for remote monitoring

Good human traffic - Open to public and condo residents.

Owner will be travelling frequently soon and has no time to manage

Takeover fee of S$180K including stocks. ROI of less than 2 years.

Can view original daily sales print out and invoices for past months to verify figures



Please contact 9800 1860 for details.

Property Information
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