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 Mart for Sale, Selling Business

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ar188
post May 23 2017, 10:23 PM

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how much?
ar188
post May 23 2017, 10:26 PM

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QUOTE(debonairs91 @ May 23 2017, 10:25 PM)
bodo spotted lulz. lrn2rd
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of coz have to ask for best price. unlike some dumb shit buy 4k box.
ar188
post May 23 2017, 11:02 PM

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QUOTE(Flizzardo @ May 23 2017, 10:55 PM)
60k month sale for convenient store isnt that good actually just ok only

if u take out cigarette and topup

only making about 35k monthly with 25-30% margin around 12k before deduct utilities, wages, product loss (from staf and customer)

and staff turnover sure very high too

net profit less than 10k before tax,

ROI too long to get back 230k

and mind u most convenient stores are experiencing degrowth instead of growth due to aggressive expansion from all players

those who said its a good deal clearly have never operate mini mart before
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lets say you open one, next door shop to his, how much needed? 100k? stocks and outfitting the place interior.
ar188
post May 23 2017, 11:05 PM

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QUOTE(Flizzardo @ May 23 2017, 11:04 PM)
i just editted

from the pictures , racks , shelving and chiller look too minimal probably barely 15k , and stock worth 30k (not sure about storage

and no mention of cctv system fitted
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so basically if die die wanna open one (using your 10k net income figure), no need gip others 230k?
just use 60-80k cukup? cover rental/deposit/running capital 2mth.. biggrin.gif
ar188
post May 23 2017, 11:16 PM

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QUOTE(AllnGap @ May 23 2017, 11:10 PM)
u wait till speedmart open beside u then MATI GAO GAO
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if got speedmart usually i masuk speedmart first biggrin.gif
ar188
post May 23 2017, 11:18 PM

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QUOTE(Flizzardo @ May 23 2017, 11:11 PM)
but it also depends on location.. visbility and accessibility are super important.

also competition in convenient retail is really high i forsee in the future if our local groceries store do not evolve into something like family mart many will die out unless u r resilient enough

also stock management which highly related to manpower because high likely ur own staff might steal products or did not scan the product so investing in cctv is necessary unless u urself are there all the time or reliable family member always working
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aiseh so susah, ok i do hi tech farming better. biggrin.gif

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