Minimart for Sale | Springside | S$870K Annual Revenue

Overview

A minimart in Springside is for sale, described by the seller as the only minimart serving the entire estate, with no direct competition. The location is directly in front of a bus stop and opposite an army camp, drawing daily foot traffic from both residents and army personnel. The takeover fee is in the low S$300,000s (negotiable), covering stock, fixtures, fittings, company registration, and staff. Monthly sales are reported at S$70,000 to S$74,000, with actual POS data available, working out to approximately S$870,000 in annual revenue. Monthly rent is S$5,783.10 (inclusive of GST and service charge), with a deposit of S$15,916.80 and a lease running until 28 February 2028. The team includes 1 EP holder currently working, plus an available Work Permit quota. The owner is selling due to relocation, with full handover and training provided. This suits a buyer looking for an established minimart with a defined, uncontested local catchment.