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

[bandith.im]

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

[John Bingham]

St 19 is nowhere near "pub street", unless you mean St 172.

[Kammekor]

If you really have a nett 30%-35% margin on groceries don't sell, expand.

[canucklhead]

According to the math it loses 500 a month.

[angkorjohn2]

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

[fax]

If you work really hard you can lose more than $1000 per month in no time.

[phuketrichard]

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
no wonder its for sale

[Phnom Poon]

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

[frizzie77]

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) :


That was posted on September 4th...

[armchairlawyer]

Funny, I've never previously heard of the Cento Express franchise. Google it and it does exist - a car wash in California.