Listing Id: 30240
Total Views: 3883
(Sold) Established Minimart With Strong Community Presence – Great Investment Opportunity
Bedok
Date Closed: 01/08/2024
Asking Price: S$50K - 100K
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Neighbourhood
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Premise Size
2000 sqft / 186 sqm
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Monthly Rental
S$2,200
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Rental Desposit
S$4,400
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Revenue
S$50K - 100K
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Liability
N/A
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Gross Profit
S$10K - 20K
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Net Profit
S$5K - 10K
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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
Direct Seller
Reason For Sale
Owner is busy with his other businesses. He wants someone who has experience to takeover and run.
Description
Are you looking to invest in a thriving, community-centric business? Look no further! Our well-established minimart, located in the heart of Jalan Damai, is now on the market. This unique opportunity is perfect for anyone eager to step into a profitable venture with minimal hassle.
Prime Location: Nestled among over 10 residential blocks, our minimart enjoys the privilege of being the only convenience store in the vicinity. This strategic location ensures a constant flow of customers, averaging 300-400 visits per day, contributing to a steady and reliable income stream.
Turnkey Operation: Step into a fully operational business from day one. Our minimart has been meticulously maintained and recently renovated, presenting a modern and welcoming environment for our loyal customers. The well-organized layout and efficient use of space make for a pleasant shopping experience.
Low Operational Costs: One of the highlights of this offering is the surprisingly low rental, a rarity in such a sought-after area. This advantage significantly boosts profitability and reduces operational stress for the new owner.
Community Favorite: Over the years, we’ve built a strong rapport with the local community, becoming a go-to spot for daily necessities. This established customer base is a testament to the store's success and reputation.
Growth Potential: There is ample scope for growth and expansion. New owners can explore extending business hours, diversifying product ranges, or integrating online sales platforms to further increase revenue.
Support and Transition: To ensure a smooth transition, we are committed to providing support and training to the new owners. Our goal is to maintain the legacy and continued success of this business.
Reason for Selling: As the current owner, I am looking to sell this thriving business to focus on other ventures. This sale is not due to the business's performance but a strategic decision to diversify my investments.
Seize this rare opportunity to own a prosperous, easy-to-manage business in a fantastic location. For more information and to schedule a viewing, please contact us. Let’s discuss how you can become the new owner of this beloved minimart in Jalan Damai.
Singapore