Showroom for Sale in Gingee, India
Well established commercial building in Gingee with retail shopping area on the main road.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Commercial Real Estate + 1 more |
| Locations | Gingee |
| Local Time | 1:36 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Recently Active |
Full Sale
Asking Price:
USD
3.4 million
(Native Currency: INR 290,000,000)
Reason: The owner was severely affected during the COVID period and suffered a huge loss. Moreover, the owne...
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Includes physical assets worth
USD
2.1 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Registration Certificate
(123.8 KB)
Business Overview
- Prime location on NH 77 offers high visibility and accessibility, ideal for retail business growth in the thriving Gingee town.
- Fully furnished for immediate operation as both a supermarket and textile store, with quality fixtures ensuring efficient business turnover.
- The commercial property includes an ample godown facility for stock management, vital for apparel wholesalers and supermarket operations.
- The building's excellent condition reduces initial maintenance expenses, enhancing profitability from the start.
- Panchayat permit secured; simplifies the process for investors to initiate operations without regulatory hurdles.
- Fully furnished for immediate operation as both a supermarket and textile store, with quality fixtures ensuring efficient business turnover.
- The commercial property includes an ample godown facility for stock management, vital for apparel wholesalers and supermarket operations.
- The building's excellent condition reduces initial maintenance expenses, enhancing profitability from the start.
- Panchayat permit secured; simplifies the process for investors to initiate operations without regulatory hurdles.
Products & Services Overview
The commercial property has all the furniture and fixtures to run a super market and textile shop with a adequate godown facility.
Assets Overview
The tangible assets include:1. Site area - 5,000 sqft.
2. Total built-up area - 13,691 sqft.
3. All furniture and fixtures to run a supermarket and textile shop.
4. Generator backup of adequate capacity.
5. 15-person capacity Schindler elevator.
Facilities Overview
The commercial building is located in the main road of Gingee town.1. Site area - 5,000 sqft.
2. Total built up area - 13,691 sqft.
It holds a rent potential INR 7.00 lakhs per month.
Capitalization Overview
The building is owned by a sole owner.There is currently an outstanding loan of INR 11 crore, the buyer would be required to close the loan after the takeover.
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