Singapore  Singapore

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Listing Id: 12927 Total Views: 11689

(Sold) Minimart For Takeover At Little India

Central Area

Date Closed: 04/05/2018

Asking Price: S$50K - 100K
  • Premise Type N/A Premise Size
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue S$50K - 100K Liability N/A
  • Gross Profit S$10K - 20K Net Profit S$10K - 20K
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 0
  • Established 2016 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

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

Property Information

Rent
Premise Status

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