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Listing Id: 19117 Total Views: 3645

(Sold) 6 Years History Minimart @ Serangoon In The Minton Condominium

Serangoon

Date Closed: 19/10/2020

Asking Price: S$125,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$6,500 Rental Desposit N/A
  • Revenue S$54,000 Liability N/A
  • Gross Profit S$14,000 Net Profit S$6,000
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Part Time Staff N/A
  • Established N/A Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason For Sale

I have the other full time job. No time to manage.

Description

6 Years History Minimart @ Serangoon in The Minton Condominium.
WhatsApp or SMS: +65 84289440
WeChat: pannizhe88
Monthly Rental - $6,500 per month.
Square feet about - 770 square feets.
Takeover fees about $125,000 including all facilities and inventories in the shop worth at least $70,000 with tobacco and liquor. - Negotiable (Welcome to offer your price and negotiate)
Free storage room only 20 meters away from the minimart.
Potential revenue - $50,000 to $70,000 per month from previous owner.
Record Revenue - $54,000 per month (proved with daily report everyday).
Estimated net profit month AFTER Minus rental and utilities - $6,000.
Transfer fee from previously owner (excluding inventory) - $65,000 (with invoice proof).

Property Information

Rent
Premise Status

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