Established Mall For Sale In Tamil Nadu

About Business

The shopping mall, built on 1 acre and 5 cents, features 40 luxury rooms, a banquet hall, food court, movie screens, a hypermarket, and a dedicated play zone for kids. It also offers extensive parking, including an underground area for hotel guests, with space for 100 cars. Strategically located in the city's prime area, the mall caters to diverse needs, including hospitality, entertainment, wellness, home essentials, and food services.

Clientele type

The mall serves a wide range of clients, including corporate clients, individuals and families, restaurants and cafes, spas and salons, healthcare providers, and more.

Premises

OWNED

Premise Size: 1 acre 05 cents

Market Value (in INR): 70.00 Cr

Asking Price Includes

The founder intends to sell the entire business.

Reason

The founder plans to retire and is seeking to exit the business.

More Details

About the Mall:

The mall's physical structure consists of several key components, including a hotel building with 40 luxury rooms, a restaurant and food court, a movie theater featuring three screens, a hypermarket, and a dedicated children's play area. The mall is fully equipped with all necessary fixtures, furniture, and equipment (FF&E), such as hotel room furnishings and appliances, restaurant and food court equipment, projection and sound systems in the movie theater, and shelving and other essential equipment in the hypermarket.

In terms of machinery and operations, the mall utilizes various systems, including HVAC systems, elevators, generators, and water treatment plants to ensure smooth functioning. Additionally, the mall holds valuable assets such as its brand name, logo, and associated trademarks, which contribute to its identity and market presence.

The mall also operates under various business licenses and permits, including hotel, food and beverage, movie theater, and hypermarket licenses, ensuring compliance with all regulatory requirements. Furthermore, the mall maintains a customer database that includes contact information and purchase history, which helps to understand customer preferences and drive future marketing efforts.

Additionally, the mall has existing supplier contracts, covering food and beverage suppliers, hotel amenities suppliers, and movie theater content providers, ensuring the steady flow of services and goods. The mall also has ongoing employment contracts with its staff, outlining their roles and responsibilities to maintain efficient day-to-day operations.