Banquet Hall Equity Stake For Sale in Shirur, India
Profitable banquet hall near NH 548D, hosting 250 events annually, seeking investment for renovation.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.35 million |
| Run Rate Sales | USD 1.35 million |
| EBITDA Margin | 40 % |
| Industries | Banquet Halls |
| Locations | Shirur |
| Local Time | 10:50 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
560 thousand
for
49.0%
stake
(Native Currency: INR 50,000,000)
Reason: Seeking investment for renovation of the building and adding more facilities and features. it can be...
View More
Includes physical assets worth
USD
790 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Udyam Registration
(319.2 KB)
Business Overview
- Banquet hall located adjacent to NH 548D in Pimpalsuti.
- We had constructed this property with uniqueness and splendidly at par.
- Facilities included are 1 huge hall, separate kitchen and dining arrangement, 8 guest rooms, 500 vehicles parking space, toilets and a unique entrance gate.
- We host ~ 250 events a year, most of them are marriages. Additionally, we also host gatherings and events.
- Average charge per event is INR 5 lakhs.
- During the pre-COVID phase, the business was generating an annual turnover of up to INR 20 lakhs.
- The business has 4 permanent employees, additionally, we hire contract employees on a service basis.
- Business potential is huge we can't organize and control it due to a lack of capital.
- We had constructed this property with uniqueness and splendidly at par.
- Facilities included are 1 huge hall, separate kitchen and dining arrangement, 8 guest rooms, 500 vehicles parking space, toilets and a unique entrance gate.
- We host ~ 250 events a year, most of them are marriages. Additionally, we also host gatherings and events.
- Average charge per event is INR 5 lakhs.
- During the pre-COVID phase, the business was generating an annual turnover of up to INR 20 lakhs.
- The business has 4 permanent employees, additionally, we hire contract employees on a service basis.
- Business potential is huge we can't organize and control it due to a lack of capital.
Products & Services Overview
Banquet hall with a huge hall, kitchen and dining arrangement, guest rooms, vehicle parking space, toilets and a unique entrance gate.Host marriage events, gatherings etc.
Assets Overview
An ancestral property, owned. Physical assets value includes own land, building, interiors, exteriors, furniture, equipment etc.
Facilities Overview
Own property - 15,000 sq ft. marriage hall, plus 10,000 sq ft lawn/garden, located in Gulabnagar, Pimpalsuti.
Capitalization Overview
The business is self-funded.There is an outstanding bank loan of Rs 1.25Cr.
Business is 100% owned by the proprietor.
Recent Activity
-
Earlier than 15 daysVice President - Strategic Growth, Food & Beverage, Mumbai, Individual Investor / Buyer connected with the Business
Tags:
Convention Center Investment Opportunity in Shirur, India
·Kalyana Mandapam Investment Opportunity in Shirur, India
·Marriage Hall Investment Opportunity in Shirur, India
·Wedding Venue Investment Opportunity in Shirur, India
·Banquet Hall Investment Opportunity in Shirur, India
·Invest in Convention Center in Shirur, India
·Invest in Kalyana Mandapam in Shirur, India
·Convention Center Investment Opportunity
·Invest in Marriage Hall in Shirur, India
·Invest in Wedding Venue in Shirur, India
·Kalyana Mandapam Investment Opportunity
·Investment Opportunity in Shirur, India
·Invest in Banquet Hall in Shirur, India
·Marriage Hall Investment Opportunity
·Wedding Venue Investment Opportunity
·Banquet Hall Investment Opportunity
·Invest in Convention Center
·Invest in Kalyana Mandapam
·Invest in Marriage Hall
·Invest in Wedding Venue
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,000+ other businesses of all sizes.
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.
You might also be interested in these businesses