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14 Year Old Established Shopping Center Mall (70% Share)
14 Year Old Established Shopping Center Mall (70% Share)
Description
L#20210042
For sale a full running Shopping Mall in the Capital City of Mongolia (Ulan Bator (Ulaanbaatar) with a conveniently central located market (4,632.3 m2) and over 100 independent vendors offering fresh produce and high quality imported goods at affordable prices. The mall has been operating on the market for the past 14 years and established a solid market presence and name recognition. A team of 24 highly professional employees are in charge of the management.
New generation consumers demand convenience of supermarket and freshness and variety of traditional markets.
Operating Assumptions
Rental growth rate – 6.5% /rental increase starts from second year
Expense growth rate 5%
Vacancy rate 5%
Salary conducts 28.5% of total expense
For sale a full running Shopping Mall in the Capital City of Mongolia (Ulan Bator (Ulaanbaatar) with a conveniently central located market (4,632.3 m2) and over 100 independent vendors offering fresh produce and high quality imported goods at affordable prices. The mall has been operating on the market for the past 14 years and established a solid market presence and name recognition. A team of 24 highly professional employees are in charge of the management.
New generation consumers demand convenience of supermarket and freshness and variety of traditional markets.
Operating Assumptions
Rental growth rate – 6.5% /rental increase starts from second year
Expense growth rate 5%
Vacancy rate 5%
Salary conducts 28.5% of total expense
Description
For sale a full running Shopping Mall in the Capital City of Mongolia (Ulan Bator (Ulaanbaatar) with a conveniently central located market (4,632.3 m2) and over 100 independent vendors offering fresh produce and high quality imported goods at affordable prices. The mall has been operating on the market for the past 14 years and established a solid market presence and name recognition. A team of 24 highly professional employees are in charge of the management.
New generation consumers demand convenience of supermarket and freshness and variety of traditional markets.
Operating Assumptions
Rental growth rate – 6.5% /rental increase starts from second year
Expense growth rate 5%
Vacancy rate 5%
Salary conducts 28.5% of total expense
Basic Details
Target Price:
$11,000,000
Gross Revenue
$1,206,000
EBITDA
$687,076
Business ID:
L#20210042
Country
Mongolia
City:
Ulaanbaatar
Detail
Photos
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