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Shopping Mall Investment Opportunity in Kannur, India

Shopping mall with its own brand of hypermarket plans to add gaming and food court.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Undisclosed
EBITDA Margin Undisclosed
Industries Shopping Malls
Locations  Kannur
Local Time 7:01 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 560 thousand for Undisclosed stake (Native Currency: INR 46,730,000)
Reason: Additional funds are required to develop the infrastructure of the food court section and the gaming... View More
Includes physical assets worth USD 55 thousand
Documents
Inauguration
Outlets
Business Overview

- Company plans to combine leisure and entertainment, food court and retail into one hybrid business model.

- Shopping mall has already started operations with 90% of the space booked by tenants.

- Already have a clothing store, gym, beauty parlor and street shopping outlet.

- Company also has its own hypermarket brand and store in the mall.

- Plan to develop infrastructure for the food court and gaming areas of the mall which are not currently operational.

- First floor area is soon to be occupied by either Max or Reliance Retail as the company is in talks with them.

Products & Services Overview

Shopping mall that includes gym, showroom and own brand hypermarket. It will include gaming and food courts in the future.

Assets Overview

Land and building is held under the promoter name. Other assets include brands and infrastructure.

Facilities Overview

Land and building are owned under the promoter's name. Ground floor has 17,000 Sq Ft occupied by own brand hypermarket. Second floor has 7,000 Sq Ft assigned for the gaming area, a beauty parlor with 1,000 Sq Ft and a street shopping area with 4,000 Sq Ft. The third floor consists of 4,000 Sq Ft for the Gym and a planned food court of 8,000 Sq Ft which will have 12 stalls.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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