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Banquet Hall for Sale in Hyderabad, India

For sale: Fine dining restaurant and banquet hall with monthly turnover of INR 22 lakh.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 180 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 25 %
Industries Banquet Halls + 1 more
Locations  Hyderabad
Local Time 11:00 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 230 thousand (Native Currency: INR 19,000,000)
Reason: The owner is looking to sell the business as has another business and is unable to give time to this... View More
Includes physical assets worth USD 230 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Our business is a fine dining family restaurant and a banquet hall.

- We serve Indian, South Indian, Chinese, and continental dishes.

- Our restaurant has a seating capacity of 55 pax and the banquet hall can accommodate 250 people.

- On average, we receive 250 orders per day for the restaurant and receive 10 bookings per month for our banquet hall for hosting birthday parties, events, and marriage functions.

- Currently, we are generating INR 12 lakh per month from our restaurant and INR 10 lakh per month from our banquet services.

- The business was shut last year for 3 months but this year we have been operational throughout hence have higher sales.

- Business has an outstanding loan of INR 50 lakhs and is run by 2 directors.

Products & Services Overview

Dining restaurant serving Indian, South Indian, Chinese, and continental cuisine dishes as well as banquet hall for hosting events.

Assets Overview

The building interiors for the restaurant, and hall along with the furniture, fully equipped kitchen and equipment. The buyer will also get the lease agreement, private limited entity, customer database and licenses.

Facilities Overview

4 storey building that covers an area of 4,800 sq. ft. The first floor has the restaurant, 2nd floor has the banquet hall, and 3rd has dining and kitchen. We pay a monthly rent of INR 70,000. The lease is transferable to the buyer.

Capitalization Overview
Not Disclosed
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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