Listing Id: 162
Total Views: 29324
(Sold) Profitable Mini Mart For Take Over
Geylang
Date Closed: 02/08/2014
Asking Price: S$85,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$4,400
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Rental Desposit
N/A
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Revenue
S$44,000
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Liability
N/A
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Gross Profit
S$15,000
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Net Profit
S$8,000
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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
1
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Established
2012
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Source
Direct Seller
Reason For Sale
Family commitment
Description
It is in prmise location, with many crowd, and fully equipped with CCTV and iPOS.
The mini mart is under one of the leading franchising brand(franchise fee paid for 7 year, no royalty fee)
The indicated price exclude stock ,PUB deposit, rental deposit and deposit to one major supplier. It include all freezer, steamers, hot dog steamer, shells and fittings etc.
If new investor can open for 24 hours, sales and profit will increase further.
There are lots of regular and high end customers (both foreigners and locals)
Owner is looking for passionate person with drive to take over as owner has family commitments.
It can be immediately taken over.
Property Information
36 months lease expire in July-2015
Lease Term
Singapore