Page 1 of 1

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

Posted: Mon Sep 16, 2019 5:31 pm
by 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

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

Posted: Mon Sep 16, 2019 5:39 pm
by John Bingham
St 19 is nowhere near "pub street", unless you mean St 172.

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

Posted: Mon Sep 16, 2019 6:41 pm
by Kammekor
If you really have a nett 30%-35% margin on groceries don't sell, expand.

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

Posted: Wed Sep 18, 2019 11:41 am
by canucklhead
According to the math it loses 500 a month.

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

Posted: Wed Sep 18, 2019 11:46 am
by angkorjohn2
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

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

Posted: Wed Sep 18, 2019 11:55 am
by fax
If you work really hard you can lose more than $1000 per month in no time.

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

Posted: Wed Sep 18, 2019 11:59 am
by 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 :stir:
no wonder its for sale

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

Posted: Wed Sep 18, 2019 12:31 pm
by 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

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

Posted: Wed Sep 18, 2019 1:14 pm
by 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) :
Image

That was posted on September 4th...

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

Posted: Thu Sep 19, 2019 11:31 am
by armchairlawyer
Funny, I've never previously heard of the Cento Express franchise. Google it and it does exist - a car wash in California.