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Banquet Hall Assets for Lease in Darbhanga, India

Annual Lease Opportunity: Banquet hall with 45,000 square feet space and future growth potential.

Ownership Duration 10-20 year(s)
Industries Banquet Halls
Locations  Darbhanga
Local Time 6:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Yearly Lease Amount
Asking Price: USD 105 thousand (Native Currency: INR 10,000,000)
Reason: Want to invest in other business and give this on rent/lease.
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Assets Description
- Sprawling 45,000 square feet of space, completely fenced for privacy.
- Beautiful ponds on-site, perfect for outdoor events or relaxation.
- Great potential to add a swimming pool, increasing the appeal.
- Currently offering open pandal services for banquets.
- Features 4 to 6 comfortable guest rooms for overnight stays.
- Buffet counters set up under shade for convenient dining.
- An auditorium is currently under construction, expanding the event hosting capabilities.
- Ideal for weddings, parties, and corporate events in Darbhanga.
- No specific licenses are required for the operation of this space. We have local municipal compliance. FSSAI registration will be required if the lessee wants to start a kitchen on the grounds as well.
- The land is valued at about INR 2,220 per sq. ft.
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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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