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.
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
Gross Revenue
$1,206,000
EBITDA
$687,076
Business ID:
L#20210042
Country
Mongolia
City:
Ulaanbaatar
| Business ID: | L#20210042 |
| Property Type: | Hotels & Real Estate, Retail Miscellaneous |
| Property Status: | Equity, For Sale |
| Target Price: | $11,000,000 |
| Gross Revenue: | $1,206,000 |
| EBITDA: | $687,076 |
| Target Price / Revenue: | 9.12x |
| Target Price / EBITDA: | 16.01x |
| Reason for Selling: | New Investments |
Published on March 18, 2021 at 10:48 am. Updated on September 7, 2022 at 7:25 pm
14 Year Old Established Shopping Center Mall (70% Share)
