CENTO Express (mini mart) for SALES near Pub Street (Phnom Penh)

Yes, even your used Walkabout mattress...
bandith.im
Tourist
Posts: 2
Joined: Tue Sep 03, 2019 4:51 am
Reputation: 0
Cambodia

CENTO Express (mini mart) for SALES near Pub Street (Phnom Penh)

Post by bandith.im » Mon Sep 16, 2019 5:31 pm

Beautiful shop with a lot of customers and can be operated for 24 hours surrounding by expats, backpackers, tourists located at Pub Street area

Current Assets:
- Rental: $1,400 (Gross) 5 years lease term (Run for 4 months)
- Chilled Open Fridges: 3 Units $11,385 2 years warrantee
- Ice Cream Fridge: 1 Unit $695 2 years warrantee
- POS System: $1,950 with inventory management system
- Coffee Machine: 1 Set included (Blender and Grinder) $3,600
- Computer Server: $1,500
- Camera and Sound system: $1,300
- Display shelves: $3,500
- Storage shelves: $1,100
- Air-con: 4 units $1,150
Total Current Assets: $31,780

Total Inventory: $14,500 (leased with companies could be exchanged for new expiry items)

Total Business Value: $46,280

Business History:
Income: $200 - $300/day ($10,000/month)
Gross Income: 30%-35% ($3,000/month)
Operating Expenses:
- Rental: $1,400/month
- Utilities: $800 - $1,100/month
- Payroll: $980/momth (5 staffs to operate 24 hours)
- Other expenses: $50/month

Business is operating based on franchising system that can be managed by owner.

Location: 151 Street19 Sangkat Chey Chomnas Khan Daun Penh Phnom Penh
Contact: 012339359
Advertisement
CamboQuick
User avatar
John Bingham
Expatriate
Posts: 6448
Joined: Sun Dec 07, 2014 11:26 pm
Reputation: 2339
Yemen

Re: CENTO Express (mini mart) for SALES near Pub Street (Phnom Penh)

Post by John Bingham » Mon Sep 16, 2019 5:39 pm

St 19 is nowhere near "pub street", unless you mean St 172.
User avatar
Kammekor
Expatriate
Posts: 1785
Joined: Fri Sep 01, 2017 12:50 pm
Reputation: 571
Cambodia

Re: CENTO Express (mini mart) for SALES near Pub Street (Phnom Penh)

Post by Kammekor » Mon Sep 16, 2019 6:41 pm

If you really have a nett 30%-35% margin on groceries don't sell, expand.
canucklhead
Expatriate
Posts: 241
Joined: Mon Oct 20, 2014 9:43 am
Reputation: 84
Cambodia

Re: CENTO Express (mini mart) for SALES near Pub Street (Phnom Penh)

Post by canucklhead » Wed Sep 18, 2019 11:41 am

According to the math it loses 500 a month.
angkorjohn2
Expatriate
Posts: 326
Joined: Wed Dec 19, 2018 11:39 am
Reputation: 251
United States of America

Re: CENTO Express (mini mart) for SALES near Pub Street (Phnom Penh)

Post by angkorjohn2 » Wed Sep 18, 2019 11:46 am

canucklhead wrote:
Wed Sep 18, 2019 11:41 am
According to the math it loses 500 a month.
with kiwi mart a few hundred metres away plus about 4 other marts on 172 I'm not surprised
User avatar
fax
Expatriate
Posts: 2245
Joined: Tue Apr 03, 2018 9:28 am
Reputation: 1063
Korea North

Re: CENTO Express (mini mart) for SALES near Pub Street (Phnom Penh)

Post by fax » Wed Sep 18, 2019 11:55 am

If you work really hard you can lose more than $1000 per month in no time.
User avatar
phuketrichard
Expatriate
Posts: 9429
Joined: Wed May 14, 2014 5:17 pm
Reputation: 1792
Location: Atlantis
Aruba

Re: CENTO Express (mini mart) for SALES near Pub Street (Phnom Penh)

Post by phuketrichard » Wed Sep 18, 2019 11:59 am

move it to Kep, u'd have the ONLY mini mart in town
Coffee Machine: 1 Set included (Blender and Grinder) $3,600
thats one expensive coffee machine
Business History:
Income: $200 - $300/day ($10,000/month)
Gross Income: 30%-35% ($3,000/month)
Operating Expenses:
- Rental: $1,400/month
- Utilities: $800 - $1,100/month
- Payroll: $980/momth (5 staffs to operate 24 hours)
- Other expenses: $50/month
income - $230-530/month :stir:
no wonder its for sale
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
User avatar
Phnom Poon
Expatriate
Posts: 508
Joined: Wed Jan 16, 2019 5:44 pm
Reputation: 148
Kiribati

Re: CENTO Express (mini mart) for SALES near Pub Street (Phnom Penh)

Post by Phnom Poon » Wed Sep 18, 2019 12:31 pm

im bandith?
what are the franchise terms?

minimarts all seem overpriced to me, in fact all supermarkets do
there must be an opening for something leaner

.

monstra mihi bona!
frizzie77
Expatriate
Posts: 76
Joined: Fri May 31, 2019 10:22 pm
Reputation: 39
Cambodia

Re: CENTO Express (mini mart) for SALES near Pub Street (Phnom Penh)

Post by frizzie77 » Wed Sep 18, 2019 1:14 pm

That's quick. It's only a few weeks ago I passed by this 'wonderful shop with lots of customers' and I noticed they had banners with 'Opening Discount 10% on all items!!!" (or something similar).

I suppose the owners quickly found out that yet another mini-mart wasn't exactly needed...

Oh wait, I found the banner on their Facebook page: it was even 20% (but on beverages only) :
Image

That was posted on September 4th...
User avatar
armchairlawyer
Expatriate
Posts: 688
Joined: Sat Aug 29, 2015 1:43 pm
Reputation: 217
Cambodia

Re: CENTO Express (mini mart) for SALES near Pub Street (Phnom Penh)

Post by armchairlawyer » Thu Sep 19, 2019 11:31 am

Funny, I've never previously heard of the Cento Express franchise. Google it and it does exist - a car wash in California.
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: No registered users and 18 guests