Banquet Hall Equity Stake For Sale in Faridabad, India
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 700 - 800 thousand |
| Run Rate Sales | USD 810 thousand |
| EBITDA Margin | 40 % |
| Industries | Banquet Halls |
| Locations | Faridabad |
| Local Time | 11:51 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
- Revenue is generated through banquet bookings, accommodation services, catering, decorations, and vendor partnerships.
- Currently operates two banquet venues in Faridabad with accommodation for approximately 200 guests each, and another large banquet project in Gurgaon with a planned capacity of approximately 2,000 guests.
- The new Gurgaon project is under construction and is expected to commence operations in November, with projected annual revenue of ₹10–15 crore.
- Investment includes a negotiable stake in existing 2banquet business, 3rd one which is under construction and future banquet developments.
- This is a mostly cash business, and the owners expect the investors to work under the same model.
- The additional employees and vendors are hired on a contractual basis.
- Offers end-to-end event solutions, including venue rental, catering, event decoration, accommodation, and vendor coordination.
- Hosts approximately 40 -50 events annually, with an average event value of ₹10 lakh.
- Banquet halls and hospitality infrastructure.
- Guest room furniture and fixtures.
-Lighting systems and event equipment.
-Construction and interior fit-outs.
-Parking facilities.
-Tangible assets with an estimated value of approximately ₹2 crore.
Intangible assets:
- Established banquet business and brand goodwill.
- Catering and decoration vendor network.
- Customer relationships and event booking pipeline.
- Operational know-how and business processes.
- GST certificate.
- The business does have all the necessary documents.
- Each Faridabad venue includes 2 banquet halls and parking facilities.
- A third banquet property in Gurgaon, spread across approximately 3 acres, is currently under construction along with 25 guest rooms. The target is to launch within the next 4 months.
- Accommodation is priced at approximately ₹5,000–₹6,000 per night.
- Annual lease rental for the first two properties is approximately ₹2–3 lakh each, while the Gurgaon property carries a monthly lease rental of approximately ₹6–7 lakh.
- There are no outstanding loans or external debt.
- The business also has 2–3 informal investors, whose investments are not documented through formal agreements.
-
6 days, 22 hours agoManager, Banquet Hall, New Delhi, Individual Investor / Buyer connected with the Business