Shopping Mall for Sale in Chandigarh, India
Shopping mall in a prime Chandigarh location for sale, with a high daily footfall.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 1.16 million |
| Run Rate Sales | USD 1.4 million |
| EBITDA Margin | 40 % |
| Industries | Shopping Malls |
| Locations | Chandigarh |
| Local Time | 9:33 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Recently Active |
Full Sale
Asking Price:
USD
23 million
(Native Currency: INR 2,000,000,000)
Reason: The owners want to focus on their businesses.
The asking price of INR 200 Cr is justified by the ph...
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Includes physical assets worth
USD
17.4 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Shopping mall strategically located in a prime area of Chandigarh, ensuring high visibility and accessibility to a diverse range of customers.
- The mall comprises a 4 floor (G+3) structure with freeholding land, offering approximately 200+ commercial establishments. It includes retail shops, food establishments, a theatre, and a gaming zone.
- The mall features a basement parking facility, accommodating a large number of vehicles for visitors, enhancing customer convenience and prolonging shopping visits.
- The mall is fully compliant with all necessary regulations, holding occupational certificates and business licenses for fire safety and electrical operations, ensuring a safe shopping environment.
- The mall attracts substantial footfall, with an average of 1,000 to 5,000 visitors daily. This number varies based on the day and season, creating robust opportunities for retail and entertainment business prospects.
- The mall generates revenue through rents from retail shops, food outlets, theatre leasing, games & parking fees from customers, advertising and sponsorships.
- In addition to its 20 permanent employees, the mall employs additional temporary staff through outsourcing for housekeeping, maintenance, and parking services, ensuring operational efficiency.
- With its strategic location, broad range of amenities, and high customer engagement, the mall offers an attractive investment opportunity for businesses seeking to enhance retail and entertainment visibility.
- The mall comprises a 4 floor (G+3) structure with freeholding land, offering approximately 200+ commercial establishments. It includes retail shops, food establishments, a theatre, and a gaming zone.
- The mall features a basement parking facility, accommodating a large number of vehicles for visitors, enhancing customer convenience and prolonging shopping visits.
- The mall is fully compliant with all necessary regulations, holding occupational certificates and business licenses for fire safety and electrical operations, ensuring a safe shopping environment.
- The mall attracts substantial footfall, with an average of 1,000 to 5,000 visitors daily. This number varies based on the day and season, creating robust opportunities for retail and entertainment business prospects.
- The mall generates revenue through rents from retail shops, food outlets, theatre leasing, games & parking fees from customers, advertising and sponsorships.
- In addition to its 20 permanent employees, the mall employs additional temporary staff through outsourcing for housekeeping, maintenance, and parking services, ensuring operational efficiency.
- With its strategic location, broad range of amenities, and high customer engagement, the mall offers an attractive investment opportunity for businesses seeking to enhance retail and entertainment visibility.
Products & Services Overview
- The shopping mall offers a diverse range of products and services including retail shopping, dining at food establishments, entertainment through a theatre and gaming zone, and convenient parking facilities.- Serves a wide customer base comprising local residents, office workers, families, and tourists who visit for shopping, dining, and leisure activities.
- Businesses such as retail stores, food vendors, entertainment operators, and advertisers utilize the mall’s spaces and services to reach customers, generate sales, and enhance brand visibility.
Assets Overview
Physical assets include the land and building property which is ~ 60-70% of the total assets and the rest is fixtures, interiors, decor and furnishings.
Facilities Overview
Operating from own land and property located in Chandigarh Industrial Area Phase I.Total plot size - 10,000 yards.
Built-up area - 2,21,000 sq ft.
1,500 sq ft - basement parking.
Capitalization Overview
Self-funded.No outstanding loans or liabilities.
There are 2 partners in the business.
Recent Activity
-
1 week, 5 days agoDirector, Business Consultancy, Mumbai, Individual Investor / Buyer connected with the Business
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