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Mid-market Shopping Mall Investment Opportunity in Erode, India

South India's largest & destination Mall with 20 lakh Sq. Ft.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 100 - 500
Legal Entity Public Limited Company
Reported Sales USD 12 million
Run Rate Sales USD 14 million
EBITDA Margin Nil
Industries Shopping Malls
Locations  Erode
Local Time 8:48 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 12 million for 10.0% stake (Native Currency: INR 1,000,000,000)
Reason: We are selling fully furnished 150 commercial showrooms for investment purposes with monthly assured... View More
Includes physical assets worth USD 120 million
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Business Overview

- Project initiated by The Ministry of Textiles, Government of India & supported by the Government of Tamil Nadu.

- Our mall is an attractive platform for investors seeking regular rental income, it serves as a great source for passive income.

- It is a long-term product offering good capital appreciation along with rental income.

Invest for long-term periodic returns from and stable capital appreciation.

- The investor buys a property with an assured return and we take care of the property's management.

- Even with no tenant we provide assured rent to an investor.

- Investor pays no stamp duty or registration cost and earns a return from day one.

- The investor can expect a minimum monthly rental of INR 50,000 from the showroom (with a tenant).

Products & Services Overview

The facility which is located in Erode, Tamilnadu, India is spread across 20,00,000 square feet and has been re-positioned as a Price-less Marketplace, in its New Avatar, catering to both B2B and B2C segments.

Assets Overview

Tangible assets include the fully-furnished and ready-to-move-in showroom space. The showroom is valued at INR 9,090 per sq. ft.

Facilities Overview

The entire mall has 11.5L sqft of built-up area with 50 acres of land and it consists of fully furnished commercial showrooms of 849 sq. ft. for investment purposes. The mall is located on the Bengaluru - Cochin National Highway, northwest of Erode.

Capitalization Overview

The entire project is funded and owned by 2 private investors Lotus Group & URC Constructions. The government will just monitor the project, and provide subsidies and tax breaks.

There are no outstanding loans in the name of the business.

This mall managed by Beyond Square feet from Mumbai.

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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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