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Banquet Hall for Sale in Greater Noida, India

Banquet hall with 80-100 functions/year, 350 seating capacity & 2,500 lawn capacity: for full sale.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 404 thousand
Run Rate Sales USD 416 thousand
EBITDA Margin 30 %
Industries Banquet Halls
Locations  Greater Noida
Local Time 1:34 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 460 thousand (Native Currency: INR 40,000,000)
Reason: All the shareholders have other business too and they want to exit with this particular line.
Includes physical assets worth USD 346 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST
GST Certificate
Business Overview
- Established banquet hall based in Gurgaon, located amidst multiple communities.
- We conduct 80-100 functions per year.
- We are located in the middle of 20-25 societies like Cherry County, Fashion homes, Amarpali, Ace group etc.
- We have a seating capacity of 350 people, and the lawn area has a capacity of 2,500 people.
- Our charges are 2,500-5,000 per person.
- We hire daily wage workers.
Products & Services Overview
It's a well-known banquet hall cum lawn in the Greater Noida territory.
Assets Overview
Banquet Hall with all the things inside it like carpet, interior decor, AC, big stage outside, chaat place, landscaping, beautiful office and washroom.
Facilities Overview
Banquet hall (6500 Sq ft) and lawn area 30,000 sq ft. Established kitchen, office, washroom, and big stage. The land is on lease which will end in the next 2 years and can be extended for further 7 years. The Hall is located near Cherry County, Greater Noida.
Capitalization Overview
It is funded by the 4 partners as per their percentage ratio. There is no debt on this wedding business.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
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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