Banquet Hall for Sale in Bengaluru, India
Established Sahakar Nagar banquet venue available for full sale with guaranteed clientele.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 70 - 80 thousand |
| Run Rate Sales | USD 80 thousand |
| EBITDA Margin | 40 % |
| Industries | Banquet Halls |
| Locations | Bengaluru |
| Local Time | 11:24 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
61 thousand
(Native Currency: INR 5,500,000)
Reason: We already run a successful catering business in Bangalore and are unable to dedicate sufficient tim...
View More
Includes physical assets worth
USD
55 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Banquet Hall Video
(28.4 MB)
Business Overview
- Prime banquet location: Situated in the bustling area of Sahakar Nagar, Bengaluru, this fully furnished banquet hall is in a strategic commercial setting that attracts significant foot traffic.
- Ample space: The venue offers a spacious 6000 sq. ft. area, providing ample room for various events, including weddings, engagements, baby showers, and corporate meetings.
- Rooftop dining experience: Features a unique rooftop dining area, enhancing the customer experience with picturesque views and a pleasant atmosphere for gatherings.
- Established clientele: The banquet hall has a solid reputation with a well-established clientele, ensuring repeat business and customer loyalty.
- Immediate operations: Fully operational from day one, eliminating setup delays for new owners and allowing immediate profitability.
- Monthly bookings: The business generates a steady stream of 12-14 bookings each month, indicating consistent demand for event hosting.
- Revenue model: The business generates income solely through banquet rental fees, simplifying its revenue structure while providing transparency for potential investors.
This banquet hall presents an attractive opportunity for investors looking to enter the hospitality industry in Bangalore.
- Ample space: The venue offers a spacious 6000 sq. ft. area, providing ample room for various events, including weddings, engagements, baby showers, and corporate meetings.
- Rooftop dining experience: Features a unique rooftop dining area, enhancing the customer experience with picturesque views and a pleasant atmosphere for gatherings.
- Established clientele: The banquet hall has a solid reputation with a well-established clientele, ensuring repeat business and customer loyalty.
- Immediate operations: Fully operational from day one, eliminating setup delays for new owners and allowing immediate profitability.
- Monthly bookings: The business generates a steady stream of 12-14 bookings each month, indicating consistent demand for event hosting.
- Revenue model: The business generates income solely through banquet rental fees, simplifying its revenue structure while providing transparency for potential investors.
This banquet hall presents an attractive opportunity for investors looking to enter the hospitality industry in Bangalore.
Products & Services Overview
The best-selling service is renting out the banquet hall for parties, weddings, corporate events, and baby showers.
Assets Overview
Tangible assets: Complete interiors, chandeliers, banquet chairs, dining chairs, air conditioners, large coolers, curtains, and the full setup.Intangible assets: BBMP license.
Facilities Overview
The 6,000 sq. ft. space (3rd & 4th floors) includes a fully air-conditioned banquet hall with a stage, an open rooftop garden dining area, seating for 350–400 guests and is currently on a 3-year lease with monthly rent.
Capitalization Overview
No loans or debts; the business is solely owned and fully funded by the owner.
Recent Activity
-
Earlier than 15 daysProduct Manager, Software Development, Bengaluru, Individual Investor / Buyer connected with the Business
Tags:
Convention Center for Sale in Bengaluru, India
·Purchase Convention Center in Bengaluru, India
·Kalyana Mandapam for Sale in Bengaluru, India
·Purchase Kalyana Mandapam in Bengaluru, India
·Marriage Hall for Sale in Bengaluru, India
·Wedding Venue for Sale in Bengaluru, India
·Purchase Marriage Hall in Bengaluru, India
·Purchase Wedding Venue in Bengaluru, India
·Banquet Hall for Sale in Bengaluru, India
·Buy Convention Center in Bengaluru, India
·Purchase Banquet Hall in Bengaluru, India
·Buy Kalyana Mandapam in Bengaluru, India
·Convention Center for Sale in Bangalore
·Purchase Convention Center in Bangalore
·Kalyana Mandapam for Sale in Bangalore
·Purchase Kalyana Mandapam in Bangalore
·Buy Marriage Hall in Bengaluru, India
·Buy Wedding Venue in Bengaluru, India
·Buy Banquet Hall in Bengaluru, India
·Marriage Hall for Sale in Bangalore
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 Buyer already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,500+ 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