(Sold) Kovan Mini Mart For Takeover · Simon Plaza · Lease 2Y 5M Remaining · Option To Renew

Fully fitted neighbourhood mini mart in the heart of Kovan — ready to operate from Day 1.

📍 Location
Address: 2 Kovan Rd, #01-07 SIMON PLAZA Singapore 548008
Simon Plaza, 2 min walk from Kovan MRT. Zero mini mart competition within 200m. Captive catchment of 3 condos + surrounding landed estate. Established walk-in traffic.

🏪 The Shop

- 1,000 sqft ground floor unit
- Full Cold Storage-style fit-out (chillers, freezers, shelving, CCTV, full POS system)
- Turnkey — no additional renovation needed

💰 The Numbers

- Monthly revenue: S$40,000 – S$50,000
- Potential monthly gross profit: ~S$15,000 under hands-on operation
- Rent: S$6,100 + GST
- Lease balance: 2 years 5 months. Option to Renew for additional 3 years

💸 Takeover Terms

- Takeover fee: S$30,000 (includes all equipment + POS)
- Inventory: ~S$40,000 (to be stock-counted at handover)
- Price negotiable for serious buyers

🙋 Why We are Selling

Shop is far from home and my health no longer allows me to be on-site full-time. Business fundamentals are sound — it simply needs a hands-on operator to unlock its full potential.

🎯 Ideal Buyers

1. Mini mart / retail operators — plug-and-play into an established catchment with no nearby competition.
2. EP / PR applicants — ready-made Pte Ltd + operating business + physical premises. Lease duration comfortably covers a 2-year application runway.
3. Change-of-trade buyers — 1,000 sqft prime neighbourhood unit with full fit-out. Save S$50k+ in renovation if converting to café, bubble tea, pet shop, laundry, health food, etc.

📞 Shop is fully operational. Viewings strictly by appointment — come see the traffic for yourself before we talk price.

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