Banquet Hall Equity Stake For Sale in Wardha, India
| Established | 20-30 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 112 thousand |
| Run Rate Sales | USD 134 thousand |
| EBITDA Margin | 20 % |
| Industries | Banquet Halls |
| Locations | Wardha |
| Local Time | 8:31 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- The facility includes a spacious wedding hall of 13,000 square feet and a large outdoor lawn, suitable for various celebrations.
- Featuring two air-conditioned halls on the ground and first floors, the venue can comfortably accommodate large gatherings for weddings and other events.
- The banquet hall offers 24 rooms for the convenience of guests, enhancing the overall experience for attendees.
- With a track record of hosting over 50 weddings and various celebrations each year, the venue is a popular choice among local residents.
- The business caters to a diverse clientele looking to celebrate milestones, including weddings, parties, and corporate events.
- Revenue is generated through venue rentals, catering services, and additional amenities, making it a profitable venture in the banquet hall industry.
- The business holds and operates with a valid registration and GST certificate.
- Land and building.
- Furniture and fixtures.
Outstanding bank loan of INR 5 crore.