Listing Id: 4295
Total Views: 9988
(Sold) High Margin $$$ 公寓超市 Profitable Condo Minimart In East For Takeover ! (Call 90670575)
Pasir Ris
Date Closed: 05/08/2017
Asking Price: S$200,000
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$5,500
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Rental Desposit
S$11,000
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Broker
Reason For Sale
No time to manage
Description
Profitable and established Condo Minimart for takeover in east area. The minimart is open to public and not just for the condo residents, facing the main road. It is tastefully renovated in an Australian grocery style.
Estimated monthly revenue $70k with gross profit margin of 30% or more estimated !!!
Highlights of the business :
Operation : 8am to 10pm daily
Good credit terms from supplier
Liquor License
Tobacco License
Good variety of groceries
Laundry service
Top-up card service
Cash withdrawn service
Self run operation by store manager and team
CCTV setup for remote monitoring
.
Operator has family committments and has no time to manage the business.
Takeover fee of S$200K including stock. (stock valued at $50k estimated)
Original daily sales print out and invoices for past months are possible to verify.
Call Vincent 90670575 for a discreet viewing now !!!
Singapore