Shopping Mall for Sale in Galle, Sri Lanka
Shopping mall located in Galle, offering both essentials and other non-essentials with 4k-5k daily footfall.
| Established | 20-30 year(s) |
| Employees | 100 - 500 |
| Legal Entity | General Partnership |
| Reported Sales | USD 10 - 20 million |
| Run Rate Sales | USD 9.6 million |
| EBITDA Margin | 30 - 40 % |
| Industries | Shopping Malls |
| Locations | Galle |
| Local Time | 6:29 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
11.7 million
(Native Currency: LKR 3,500,000,000)
Reason: The owners want to focus on their other businesses.
The valuation is fair because it is a steady gr...
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Includes physical assets worth
USD
3.34 million
Interested to connect with advisors
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Available after connect
Business Name
Not disclosed
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Business Overview
- Shopping mall located in Galle, near Galle Fort, a prime tourist location.
- Categories available include:
Ground floor: Essentials - food products - fresh produce, frozen, packaged foods, meat, grains etc.
1st floor - Kids & ladies' wear, school & gift items, cosmetics, footwear.
2nd floor - Toys, men's wear, sports & gym products.
3rd floor - Electronics, glassware, household, furniture.
- Majority of the sales are during the peak festive season, which is March to April & December to January.
- Average footfall during off-season is 4k to 5k and during peak season, it is 8k to 10k.
- Average value per order is LKR 4k.
- Monthly sales go up to LKR 25 million during the festive season.
- Most of the sales are through walk-ins. In addition, we accept orders through Facebook. Home delivery is also available.
- Our parking lot has a capacity for 100 vehicles.
- The business has 200 permanent employees and they hire 50 more contract employees during the festive season. They work as admin, sales, customer assistance, security, and delivery boys.
- Categories available include:
Ground floor: Essentials - food products - fresh produce, frozen, packaged foods, meat, grains etc.
1st floor - Kids & ladies' wear, school & gift items, cosmetics, footwear.
2nd floor - Toys, men's wear, sports & gym products.
3rd floor - Electronics, glassware, household, furniture.
- Majority of the sales are during the peak festive season, which is March to April & December to January.
- Average footfall during off-season is 4k to 5k and during peak season, it is 8k to 10k.
- Average value per order is LKR 4k.
- Monthly sales go up to LKR 25 million during the festive season.
- Most of the sales are through walk-ins. In addition, we accept orders through Facebook. Home delivery is also available.
- Our parking lot has a capacity for 100 vehicles.
- The business has 200 permanent employees and they hire 50 more contract employees during the festive season. They work as admin, sales, customer assistance, security, and delivery boys.
Products & Services Overview
Categories available are - Essentials: food products.Non-essentials: clothing, footwear, school & gift items, cosmetics, toys, sports & gym products, electronics, glassware, household, furniture.
Top-selling is the essentials - food products.
Assets Overview
Physical assets include own land, property, stocks, interiors, furniture, electrical equipment.
Facilities Overview
Own facility of 100,000 sq ft shopping mall located located in Galle. Consists of ground floor with 3 floors, warehouse and a parking lot.
Capitalization Overview
The business is self-funded.No outstanding loans or debts.
There are 5 directors, holding ownership of the business. This is a family owned business.
Recent Activity
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Earlier than 15 daysManaging Partner, London, M&A Advisor connected with the Business
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