Listing Id: 26085
Last Refreshed: 16/09/2022
Total Views: 1377
(Expired)Prime Location For Convenient Store, Right Between Two 5 Stars Hotel, 2 Office Buildings And 2 Condo
Central AreaConvenience StoreSupermarkets
Asking Price: S$175,000(Neg.)
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Office Building
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Premise Size
560 sqft / 52 sqm
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Monthly Rental
S$3,250
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Rental Desposit
S$6,000
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Revenue
N/A
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Liability
N/A
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Gross Profit
S$20K - 50K
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Net Profit
N/A
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Stock
S$75,000***
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FFE
S$30,000***
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Payable
N/A
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Receivable
S$600***
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Owner Role
Full Time
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Staff
N/A
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Established
1
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Source
Direct Seller
Reason For Sale
Relocating
Description
RARE FIND! Situated below a full occupied almost 30 storeys office building, two 5 stars hotels (10m away for both), 2 office buildings (200m away) and 2 condos (10m & 100m), both condos are almost 30 storeys. No convenient options besides one tiny 7-11 in the vicinity, with very high human traffic with high spending power. Long-term stays at the hotels are 8-15K/ month, so they are not price-sensitive with the items you sell. EZ Go Mart has the perfect mix of customers. The convenience mart has established itself to be the go-to place for the vicinity and even the Pan Pacific and ParkRoyal on Beach Road hotel butlers' come to the mart to get things for their clients. Only letting go because of work relocation.
Come fully furnished with fridges, supermarket racks, CCTV (phone app abled surveillance), brightly lit and all the necessary things needed for a convenient mart. Plus a bonus of a self-help counter for hot water, microwave and tabletop with high stools, like those convenient marts overseas. The mart also has an alcohol and tobacco license and the layout is optimised, with no wasted dead space and steady daily sales (revenue figures will be provided).
Only contact if you are a serious buyer, arrange for viewings before this rare find is snapped up via Whatsapp at +6590935422.
Business Operation
Will handover supplier contacts as well as payment enablers
Support and Training
Yes, seller financing is available.
To be discussed.
Seller Financing
Property Information
The vicinity has a high demand for convenience as shared, it is in between two five stars hotel, situated at a retail/office building and two condominiums, the only convenience beside this mart is a tiny 7-11 in the vicinity.
Premises Details
Singapore