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Banquet Hall for Sale in Hanamkonda, India

Award winning Hanamkonda city based barbecue buffet restaurant with banquet hall for sale with assets.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 410 thousand
Run Rate Sales USD 350 thousand
EBITDA Margin 10 %
Industries Banquet Halls + 1 more
Locations  Hanamkonda
Local Time 11:16 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 470 thousand (Native Currency: INR 40,000,000)
Reason: As the owner has permanently relocated to the USA, the company's directors reside abroad and are una... View More
Includes physical assets worth USD 424 thousand
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Business Overview
- The business operates in the hospitality sector, located in the heart of Hanamkonda city, making it easily accessible from the tri-cities of Warangal.
- It is the first and only restaurant in Warangal to introduce a barbecue buffet concept.
- The restaurant spans 6,000 sq. ft. with a seating capacity of 200 guests.
- It features a private dining room that accommodates up to 30 guests, making it ideal for mini parties, intimate gatherings, and meetings.
- The unlimited buffet is priced at ₹800 per plate.
- The restaurant has received recognition, including the Best Restaurant (Other than Hyderabad) award from the Telangana Government in September and the Award for Excellence from the Telangana Tourism Department.
- A banquet hall is located one floor below the restaurant, covering 6,000 sq. ft. with a capacity of 500 guests.
- It serves as a venue for weddings, birthdays, engagements, receptions, corporate meetings, and other events.
- A total of 160 events have been organized, with an average of 150 guests per function.
- The restaurant generated a total revenue of ₹6,10,19,695 over 24 months, with an average monthly revenue of ₹25,42,487.
- The average price per customer was ₹735.
- The banquet hall has an average of 150 guests per function.
- The business is committed to redefining Warangal’s dining experience by offering exceptional hospitality and culinary excellence, aiming to create memorable experiences for its customers.
Products & Services Overview
The menu includes over 70 items, such as starters, soups, salads, mocktails, appetizers, main courses, Chinese cuisine, desserts, and ice creams, along with a live kitchen experience.
Caters to veg and non veg preferences.
Assets Overview
A comprehensive selection of cutlery, kitchen and service equipment, along with electrical and mechanical appliances. The space is fully furnished with well-designed interiors and ample seating capacity.
Facilities Overview
The property is leasehold, consisting of two floors, each under 6,000 sq. ft. The 4th floor houses the restaurant, while the 3rd floor features a banquet hall with a well-designed interior, washrooms, and a structured dining layout. Additionally, there is a 1,600 sq. ft. terrace space designated for storage, staff cooking, and dining. The property also offers ample parking for both two-wheelers and four-wheelers.
Capitalization Overview
The business is primarily funded by a single promoter, with an outstanding bank loan of ₹1.66 crore. It has two directors apart from the promoter, who do not hold any shares.
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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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