Banquet Hall for Sale in Chennai, India
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 335 thousand |
| Run Rate Sales | USD 400 thousand |
| EBITDA Margin | 20 % |
| Industries | Banquet Halls |
| Locations | Chennai |
| Local Time | 9:57 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
The advisor will not charge the buyer any fee.
- It boasts a total built-up area of 23,000 sq. ft across two floors, accommodating up to 1,400 guests, making it suitable for various events including weddings, receptions, and parties.
- The seating arrangement can comfortably accommodate 500 persons, providing ample space for both intimate and grand celebrations.
- The hall is available for rent at INR 3,00,000 per day, offering clients a full 24-hour access to the venue.
- Additional value is added with six complimentary guest rooms for out-of-town guests, enhancing convenience for wedding parties.
- Parking capacity includes space for 50 cars and 100 two-wheelers, ensuring hassle-free access for attendees.
- The venue offers in-house vegetarian catering services, while also welcoming outside catering options to cater to diverse client preferences.
- Customizable décor options start at INR 1,00,000, allowing clients to enhance the aesthetic appeal of their events according to their themes and budgets.
- On average, the hall serves about 5-10 customers a month, positioning itself as a preferred choice for weddings and events in this vibrant Chennai locality.
- Land and building.
- Furniture and fixtures.
- No loans or debts.
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3 days, 8 hours agoPartner, Rice Mill, Chennai, Individual Investor / Buyer connected with the Business