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Listing Id: 1805 Last Refreshed: 07/05/2019 Total Views: 28981

Jurong West HDB Minimart Business For Take Over.

Jurong WestConvenience Store
Asking Price: S$61,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$965
  • Rental Desposit N/A
  • Revenue S$20K - 50K
  • Liability N/A
  • Gross Profit N/A
  • Net Profit Under S$5K
  • Stock S$8,000***
  • FFE S$10,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 0
  • Established 2013
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Owner switching to another business model

Description

A good business opportunity without having to build a shop from scratch

A profitable mini-mart in Jurong West HDB area for take over.
Rare opportunity to rent directly from HDB.
Monthly revenue between $30,000-40,000/month, with 1 part time staff.
Tenancy just renewed in January 2015 for 3 years.
Eligible to continue renew contract with HDB when the tenancy period ends.

Location Of Mini Mart:
Under HDB Void Deck adjacent to HDB Lift.

Traffic Flow Situation:
Consistent human traffic with Regular customers around the HDB block area and high student's patronisation rate
benefitted from the nearby Hua Yi Secondary School.

Current Operating Hours:
7.30am to 10.30pm daily.

License To Sell:
Liquor and Tobacco license.

Take Over Fee include equipment, inventory and stocks:
Call June x98455761 for more info.

Low running business cost for rental/PUB/Town council:
Shop Rental Fee - $965
Town Council: $65
PUB Utility bill: ~ $400
Total operating cost: $1430

Business Operation

7.30am to 10.30pm daily.
Business Hour
2 weeks support will be given to the assignee
Support and Training
N.A
Background & Skills

Property Information

Rent
Premise Status
Renewed in Jan 2015. Tenancy Period till Jan 2017.
Lease Term
Premise condition: Good, recently just renovated with new shelves for stocks.
Shop comes with attached bath room/store.
Equipment includes:
1. CCTV.
2. 6 Fridges.
Premises Details
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