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Mini Mart
Location: Thailand -> Phuket
Industry: Retail > Convenience Stores Retail




Business Summary

The shop is located just off a very busy road on a secondary road, that leads to a major tourist attraction, with another in the works, It is in a small housing project under a community swimming pool and next to an upscale housing project with 800 houses. There is a large condominium resort recently completed close by, and a new upscale row housing project will be finishing soon. A lot of customers are European / Western, and quite a few are only here for half the year. They don't like to cook and are happy to spend money for convenience. We are stocking up with a lot of imported food, and have a beer / snack table in front. We are expecting a busy high season, but my wife's mother needs caring for, and she has convinced me to join in her brother's business in Chiang Mai.

We are open from 0700 until 2200. 7 days a week. There are 2 full time girls working 11 hours a day, 6 days a week. Total wage per month is 13,500 per / month for both. We are sub-leasing from someone else. The rent to the owner is 12,000Bt. The payment to the lease holder is 8,000Bt. Per / month. The lease holder will sell out for 300,000Bt and you can deal directly with the owner. It is low season now, and we are selling between 15-20,000Bt per / day with approx 15% profit. Currency converter xe.com/ucc. Contact for more information on this Mini Mart for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $240,000
Cash Flow:   $36,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Yes.
Seller Financing:  No

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Relocating.

Photos

View Larger Photo(s) Of Business
Mini Mart Photo 1 Mini Mart Photo 2 Mini Mart Photo 3




Print Listing Id: 70089337
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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