8 years of history with a wholesale mini-mart chain, with 3 shops for sale, engaged in wholesale and retail sales of cigarettes and liquor. The 3 shops can offer SGD 1.6 million; 1 shop SGD 600,000 each.

8 years of history with wholesale mini-mart chains, with 3 shops for sale, dealing in wholesale and retail sales of cigarettes and liquor. 3 shops offered at SGD 1.6 million; 1 shop at SGD 600,000 each. Annual sales: $4.8 million to $5.1 million Gross profit: 21–25%, $1.0 million – $1.2 million per year Net profit: 9–10%, $432,000 – $480,000 per year Price includes a $53,000 deposit, $450,000 stock (cigarettes, liquor, beer, groceries), and all chillers, freezers, POS systems, CCTV, cash registers, radios, cabinets, racking systems, shelves, etc. Turnkey operation, ready for 8 years, with established customers, followers, and ongoing wholesale cigarette, liquor, and mini-mart businesses. Potential to expand to 10–30 branches. Immediate change of ownership, shares, and commencement of operations and expansion. Shop locations: 3 St George Rd, #01-75, 320003; 9:00 AM – 11:30 PM; Rent: $5,000 per month 1 Lorong 22 Geylang, #01-03, 398664; 12:00 PM – 11:30 PM; Rent: $3,900 per month 281 Geylang Road, 389329; 12:00 PM – 12:00 AM; Rent: $8,500 per month Contact owner Mr. Lee. Reason for sale: Owner retired, medical issues. Mini-mart chains monthly profit and costs Estimated average monthly analysis for 2024 | | 3 St George #1-75 | 281 Geylang Rd | 1 Lor 22 Geylang #1-3 | Per Month | Per Year | |--- | --- | --- | --- | --- | ---| | Sales | 180,000 | 134,000 | 94,000 | 408,000 | 4,896,000 | | Gross Profit 21% est. | 37,800 | 28,140 | 19,740 | 85,680 | 1,028,160 | | Costs est. | | | | | | | Salary | 2,300 | 1,800 | 1,800 | 5,900 | 70,800 | | Part-timers | 960 | 240 | 240 | 1,440 | 17,280 | | SP Electricity | 1,400 | 1,300 | 1,200 | 3,900 | 46,800 | | Rent | 5,000 | 8,500 | 3,900 | 17,400 | 208,800 | | Total Costs | 9,660 | 11,840 | 7,140 | 28,640 | 343,680 | | Net Profit 9% est. | 16,200 | 12,060 | 8,460 | 36,720 | 440,640 | Sheng Siong net profit 10%, Giant, Cold Storage 10% NTUC 10%, Prime 10% Area sqf est. | 900 | 1,500 | 500 | | Lease | 7+3 yrs | 3+3 yrs | 4+3 yrs | | Lease start | 01/08/2024 | 15/07/2024 | 21/01/2024 | | Lease expired | 30-Jul-31 | 15-Jun-27 | 21/01/2028 | |