Established Wine And Liquor Store In Holland Village Shopping Mall

Retirement

This is a unique opportunity to acquire a well-established wine and liquor store located in the vibrant Holland Village shopping mall. With a prime location and a strong customer base, this business has been successfully operated part-time by the current owner, who is now looking to retire.

The premises span 450 sqft and are situated within a popular shopping destination, ensuring high foot traffic and visibility. The monthly rental fee is S$5,500, with the rental deposit included in the selling price of S$550,000, which is negotiable.

The store generates a monthly revenue of S$60,000, translating to a monthly gross profit of S$18,000. After expenses, the business maintains a steady monthly net profit of S$3,000, offering a solid return on investment for the new owner.

This business is ideal for buyers looking to enter the wine, liquor, and tobacco industry, particularly those who are passionate about these products and want to serve a diverse clientele. The ability to communicate in English and Chinese is beneficial in this multicultural area, allowing for broader customer engagement.

With the current owner's retirement, this business presents an excellent takeover opportunity for an enthusiastic buyer ready to take it to the next level. Don't miss out on this chance to invest in a profitable and well-known establishment in one of Singapore's most sought-after locations.

Has a designated warehouse for storage with bonded facilities.

Usual competition as seen locally but abundance of regional opportunities.

As mentioned, expansion beyond local shores, distribution across region are all possibilities.

Can be provided for in a retainer role.

General retail or business experience will suffice.