Banquet Hall for Sale in Erode, India
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 95 thousand |
| Run Rate Sales | USD 100 thousand |
| EBITDA Margin | 25 % |
| Industries | Banquet Halls + 1 more |
| Locations | Erode |
| Local Time | 6:26 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- The establishment’s menu features authentic South Indian meals, tiffin items, biryani, and a variety of chicken, mutton, and Chinese dishes.
- The restaurant has a seating capacity of 120 guests, while the party hall can accommodate up to 300, making it suitable for birthdays, weddings, and other events.
- Revenue is diversified, with approximately 60% generated from restaurant operations and 40% from party hall rentals and catering services.
- Average customer spending ranges from INR 350 to 400 per dining guest, while event bookings typically range between INR 40,000 and 60,000.
- The venue hosts an average of 8–10 events per month, indicating consistent demand for the party hall and associated services.
- Current capacity utilization is approximately 50%; there is substantial growth potential with full-scale operational engagement.
- The customer base comprises families, regular diners, and community groups, providing steady revenue and repeat business opportunities.
The customer base primarily consists of regular walk-in diners and families seeking casual dining experiences, residents for lunch and dinner, and clients booking the venue for birthdays, weddings, and other social gatherings. Event organisers and community groups also frequently utilise the space for small to mid-sized events.
- Fully equipped commercial kitchen (heavy stoves, deep freezers, grinders, exhaust systems)
- Private dining spaces, an authentic traditional kudil-style huts made of bamboo and thatch.
- Restaurant and party hall furniture (tables, chairs, sofas)
- Professional sound system and DJ setup.
- Centralized and split air-conditioning units.
- CCTV surveillance system.
- POS (point of sale) and billing systems.
- Parking area with paver block flooring.
- Signboards, branding, and lighting fixtures.
Intangible assets:
- FSSAI license.
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Earlier than 15 daysOwner, Rice Mill, Bargarh, Individual Investor / Buyer connected with the Business