Convenience Store in Sengkang Condo

Overview

Established minimart for takeover, located within a 1,400-unit condominium in Sengkang, Singapore. The store serves condo residents and benefits from a membership rewards programme that drives repeat customers. Grab Mart delivery was recently added, the neighbouring condominium has no convenience store of its own, and a sports facility across the road brings extra foot traffic. Key figures: - Monthly revenue: S$10,000 to S$20,000 (gross profit in the same range) - Premises: 344 sq ft, rented at S$3,200 per month (rental deposit S$6,400) - Staff: 1 - Incorporated: 2024 The takeover price covers the business profile, alcohol and tobacco licences, equipment (fridges, freezers, microwave and POS system) and the rental deposit. Existing stock can be bought at cost on top of the takeover price. The owner is selling because he is unable to commit to the business full time, and support and training will be provided throughout the handover. Asking price: S$45,000 (negotiable). Contact via WhatsApp: +65 9489 5592