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Banquet Hall for Sale in Aurangabad, India

For Sale: Restaurant with a banquet which is centrally located from airport, bus stand and railway station.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 180 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 37 %
Industries Banquet Halls + 1 more
Locations  Aurangabad
Local Time 5:47 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.5 million (Native Currency: INR 210,000,000)
Reason: - Next-generation is not willing to continue this business. - Extra valuation is for the brand and ... View More
Includes physical assets worth USD 1.8 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
Not disclosed
User Verification
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Business Overview

- Nearly 20 years old restaurant in Aurangabad.

- Facility has a big restaurant, a bar, a banquet hall, and an open-air dining area.

- Monthly footfall for the restaurant is approx. 3,000 and a footfall of 800 for the banquet hall.

- Restaurant has a seating capacity of 500 and banquet hall has 200 seats but it can accommodate up to 400 individuals.

- We have a large customer base and goodwill in the market.

- Recently renovated the entire restaurant with modern ambience.

- Facility is located on the main road and is close to the airport, bus stand and railway station.

- Sales have increased recently as the functions and marriages have increased.

Products & Services Overview

1) Restaurant serves Chinese, Continental, North Indian food.

2) Bar for alcohol and beverages.

3) Banquet hall for weddings, functions.

4) Open-air dining area.

Assets Overview

Land, building, furniture, crockery, kitchen set-up, cutlery, electricals, interiors, woodwork.

Facilities Overview

Owned facility of 21,000 sq ft. Entire ground floor has a restaurant. Banquet is 8,000 sq ft and gazebo area is 3,500 sq ft.

Capitalization Overview
Not Disclosed
Recent Activity
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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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