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Convenience, Grocery & Liquor stores
Acemart
370
Georgetown, Penang, Malaysia
Selling Off 100% Retail

Business Overview
The mart is located at Tropicana 218 Macalister, under a hotel(Courtyart by Marriott) with 300 rooms, and a condo with 300 units of Airbnb. The main customers are from the hotel and Airbnb guest, and we do have Grabmart and Foodpanda orders from nearby area too. There is only 1 mart within the area, and hardly will have another coming up in the area too, you will have a better insight when we do site visit.

We feeling to sell it because my partners and me do not have the expertise and time to manage this business, and we are not familiar with mini mart operation as well, so hoping someone that knows how to operate can takeover and it will make money if the operation is well managed.

We generate profit in 2019 and 2020 too. If you want to have access to our account, POS system, and any thing you want to know, I can share it to you. If you are interested, maybe we can schedule a site visit too.

Business Offer
Selling 100% share

Company Entity
Partnership

Business Highlights
Convenience Store

Financial
Yearly Revenue: RM 450,000.00

Business Size
Employees: 1 to 2 person

Assets

Strength & Opportunity
Good traffic
Cheap takeover fee
Hotel and Airbnb guests
The only convenience store available within the building, hardly got other competitors as the shops are fully occupied

Location
Offer Price
RM 30,000.00
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