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Shopping Mall for Sale in Robat Karim, Iran

For sale: Commercial shopping mall with retail stores, amusement park, event venues, and parking lots.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 9.3 million
Run Rate Sales USD 1.2 million
EBITDA Margin 20 %
Industries Shopping Malls
Locations  Robat Karim
Local Time 7:11 AM Asia / Tehran
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 21.3 million (Native Currency: USD 21,300,000)
Reason: The owners are seeking to sell the business due to the prolonged impact of the ongoing war on operat... View More
Includes physical assets worth USD 21.3 million
Name, Phone, Email
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Business Name
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Business Overview
- Multi-purpose commercial complex comprising 76+ retail units, an amusement park, and two event halls for weddings and functions.
- Located near Tehran, the property benefits from steady foot traffic generated by retail, entertainment, and event visitors.
- Revenue is generated through rental income from retail units, event hall bookings, and amusement park operations.
- Revenue has declined this year due to the ongoing war.
- Before the war, the complex attracted 150+ daily visitors. However, footfall has declined significantly due to the ongoing war, resulting in lower revenue across the retail, entertainment, and event businesses.
- The business employs 20 permanent staff for mall operations and maintenance, while individual retail tenants manage their own employees.
- It operates as a partnership and holds a valid trade license and municipal building permits.
Products & Services Overview
The business generates revenue from wedding venue bookings, amusement park admissions, and retail shop sales. Its primary customers are newlyweds, families, and young adults, who use the venues for events, the park for recreation, and the shops for lifestyle and household purchases.
Assets Overview
- Tangible assets: Own land and building with 76 retail units, a 2-floor event hall, amusement park infrastructure and equipment, food court and hypermarket facilities, a parking structure with capacity for 400 vehicles, building fixtures and fittings, utility systems, and maintenance equipment.
- The physical assets are valued at USD 48 million. However, the asking price has been set significantly lower due to the ongoing war and its impact on business performance, making the opportunity more attractive for investors with long-term growth potential.

Intangible assets: Trade license, municipal building permits, single-page subdivided title deed, established business reputation, existing tenant relationships, customer base, and operational know-how.
Facilities Overview
The complex has a 30,000 sqm built-up area spread across 7 floors (including the basement) and developed in 2 phases, comprising 76 commercial units. It features an amusement park, food court, hypermarket, a dedicated 2-floor event hall for weddings and functions, and 4 parking levels with capacity for 400 vehicles. The property is held under a single-page subdivided title deed and is free of any debt or mortgage.
Capitalization Overview
The property is fully self-funded by the two owners, with no outstanding debts or loans. The business is jointly owned by two partners.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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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