8 years of history with wholesale mini-mart chains with 3 shops for sale, dealing with wholesale retail sales of cig liquors. 3 shops can offer spore S1.6m; 1 shop spore $600k each

8 years of history with wholesale mini-mart chains with 3 shops for sale, dealing with wholesale retail sales of cig liquors. 3shops can offer spore S1.6m ;1 shop spore $600k each sales $4.8m to $5.1m a year gross profit 21-25% $1m - $1.2m a year net profit 9-10% $432,000 - $480,000 a year px includes a 53k deposit, 450k stock,cig,liquors,beers, groceries, and all chillers, freezers, POS, CCTV, cash registers, radios, cabinets, rackings systems, shelves.. etc. Turnkey, ready 8 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 3 St George Rd, 01-75, 320003. ;9-1130pm. Rent 5000 a month 1 Lor 22 Geylang, 01-03, 398664  ;12-1130pm; rent 3900 a month 281 Geylang Rd 389329; 12-12 pm; rent 8500 a mth See owner Mr. Lee.;selling reasons- owner retired, medical problem  Having an 8-year history with wholesale mini-mart chains, there are 3 shops available for sale, engaging in the wholesale and retail sales of cigarettes and liquor. The 3 shops together can be offered at a special price of SGD1.6 million; each individual shop is priced at SGD600 thousand. Annual sales: between USD4.8 million and USD5.1 million Gross profit: 21-25%, amounting to USD1 million - USD1.2 million annually Net profit: 9-10%, equating to USD432,000 - USD480,000 per year The purchase price includes a deposit of USD53 thousand, inventory worth USD450 thousand including cigarettes, liquor, beers, groceries, as well as all chillers, freezers, POS systems, CCTV, cash registers, radios, cabinets, racking systems, shelves, etc. This is a turnkey opportunity with 8 years of readiness, encompassing existing customers, followers, and established wholesale cigarette, liquor, and mini-mart businesses, offering potential for expansion to 10-30 branches. Immediate transfer of ownership, shares, and commencement of operations and expansion. Shop locations: 3 St George Rd, Unit 01-75, Singapore 320003; operating hours 9am-11:30pm; monthly rent USD5,000 1 Lor 22 Geylang, Unit 01-03, Singapore 398664; operating hours 12pm-11:30pm; monthly rent USD3,900 281 Geylang Rd, Singapore 389329; operating hours 12pm-12am; monthly rent USD8,500 Contact owner Mr. Lee; reason for selling – owner's retirement and medical issues Minimart chains monthly profit and costs Estimated average monthly analysis for 2024 3 St George Unit 01-75 281 Geylang Rd 1 Lor 22 Geylang Unit 01-03 Per Month Per Year Sales 180000 134000 94000 408000 4896000 Gross Profit (Est. 21%) 37800 28140 19740 85680 1028160 Costs (Est.) Salary 2300 1800 1800 5900 70800 Part-timers 960 240 240 1440 17280 SP/Electricity 1400 1300 1200 3900 46800 Rent 5000 8500 3900 17400 208800 Total Costs 9660 11840 7140 28640 343680 Net Profit (Est. 9%) 16200 12060 8460 36720 440640 Sheng Siong Net Profit 10%, Giant/Cold Storage 10% NTUC 10%, Prime 10% Area (sq ft est.) 900 1500 500 Lease term 7+3 yrs 3+3 yrs 4+3 yrs Lease Start 01/08/2024 15/07/2024 21/01/2024 Lease Expiry 30-Jul-31 15-Jun-27 21/01/2028