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Overview
Financial Performance
Revenue
S$110,000
Gross Profit
S$22,000
Net Profit
S$8,000
Monthly Rentalt
S$8,500
Operations & Ownership
Staff
1 Employees
Owner Role
Full Time
Property Information
Premise Status
Rent
Premise Type
Commercial Street
Rental Deposit
S$25,500
Price Included
Operations & Growth
Reason For Sale
retired
Description
Geylang
2 years of history with wholesale mini-mart chains and with 1shop for sale, dealing with wholesale retail sales of cig, liquors; px neg , Holiday special offer Term-first Deposit 60% and 12 month instalment for balance,
sales $1.4m a year
gross profit 20-25% $300,000 a year
net profit 8-9% $129,800 a year,(rent 8500-sublet bed rent income a mth 2000)
px includes a 25.5k deposit, $50-100k stock,cig,liquors,beers, groceries, and all chillers, freezers, POS, CCTV, cash registers, radios, cabinets, rackings systems, shelves.. etc.
Turnkey, ready 2 years, customers, followers, and wholesale cig, liquors, and mini mart businesses, and potential for 10-30 branches expansion.
Immediately change owners, shares, and start operation and expansion.
shop locations
281 Geylang Rd 389329; 12-12 pm; rent 6500 a mth(8500-sublet bed rent 2000)
3 st george 1-75 320003. Sell 600k; lease 1.8.24-31.7.31 ,7plus7yr., landlord can assign new lease , cheap rent.
281 geylang. 389329. Sell 300k. ; lease 15.7.24-14.7.27 ,3plus 3 yr., landlord can assign new lease , cheap rent.
Daily open 1130am-1130pm
U can go see any time
selling reasons- owner retired,
2 years of history with wholesale mini-mart chains and with 1shop for sale, dealing with wholesale retail sales of cig, liquors; px neg , Holiday special offer Term-first Deposit 60% and 12 month instalment for balance,
sales $1.4m a year
gross profit 20-25% $300,000 a year
net profit 8-9% $129,800 a year,(rent 8500-sublet bed rent income a mth 2000)
px includes a 25.5k deposit, $50-100k stock,cig,liquors,beers, groceries, and all chillers, freezers, POS, CCTV, cash registers, radios, cabinets, rackings systems, shelves.. etc.
Turnkey, ready 2 years, customers, followers, and wholesale cig, liquors, and mini mart businesses, and potential for 10-30 branches expansion.
Immediately change owners, shares, and start operation and expansion.
shop locations
281 Geylang Rd 389329; 12-12 pm; rent 6500 a mth(8500-sublet bed rent 2000)
3 st george 1-75 320003. Sell 600k; lease 1.8.24-31.7.31 ,7plus7yr., landlord can assign new lease , cheap rent.
281 geylang. 389329. Sell 300k. ; lease 15.7.24-14.7.27 ,3plus 3 yr., landlord can assign new lease , cheap rent.
Daily open 1130am-1130pm
U can go see any time
selling reasons- owner retired,
Buyer Support & Terms
Support and Training
3mths
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Singapore