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Banquet Hall for Sale in Erode, India

Integrated dining and event space for sale, promising steady revenue and growth potential.

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
Overall Rating
Full Sale
Asking Price: USD 147 thousand (Native Currency: INR 14,000,000)
Reason: The business is being offered for full sale due to the owner’s health constraints. Operations have b... View More
Includes physical assets worth USD 105 thousand
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Business Name
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User Verification
Documents
FSSAI License
Business Overview
- The family-friendly restaurant is located in Anaikalpalayam, Erode, offering a combination of casual dining and a large in-house party hall.
- 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.
Products & Services Overview
The restaurant’s top-selling offerings include South Indian meals and tiffin items, biryani and popular chicken and mutton specialities, as well as Chinese cuisine. In addition, the business provides wedding and birthday event packages, party hall rentals, DJ services, and stage decoration for functions.
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.
Assets Overview
Tangible assets:
- 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.
Facilities Overview
The facility includes approximately 21,000 sq. ft. of parking area and is secured under a long-term lease arrangement with a monthly rental of INR 65,000.
Capitalization Overview
The business is self-funded by the owner and is solely owned, with no outstanding loans or liabilities.
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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