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Listing Id: 1704 Total Views: 14028

(Sold) Profitable Minimart For Sale At Hougang

Hougang

Date Closed: 03/12/2015

Asking Price: S$120,000

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$4,500
  • Rental Desposit S$9,000
  • Revenue S$85,000
  • Liability N/A
  • Gross Profit S$10K - 20K
  • Net Profit S$5K - 10K
  • Stock S$50,000***
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 1
  • Established 2011
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Owner relocating due to Job

Description

Profitable minimart in HDB, Landed & Condo vicinity for sale. Lease till 2016 and can be renewed as agreement is with 2+2 option.
Good frontage and near foodcourt, school. Consistent human traffic with regular customers. Includes Liquor and Tobacco license.
Price includes stock, estimated to be around 50K. Gross profit margin of ~20%.

Direct seller of shop, no agent fee for interested buyer.
Can operate 24 hours. Current operating hours are 7am - 10pm.
Monthly revenue of ~85K plus.

Equipment include
-6 Fridge
- 8 CCTV Cameras
- Fans
- POS system
- 1 ice cream fridge
- racks
- attached bathroom

Can make use of PIC $85,000.

Contact Ravi@90694271

Business Operation

7am - 10pm
Business Hour
2 weeks training and support
Support and Training

Property Information

Rent
Premise Status
2+2 years
Lease Term

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