Banquet Hall for Sale in Hyderabad, India
For Sale: Banquet hall hosting up to 15 events a month with 350 seating capacity.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 36 thousand |
| Run Rate Sales | USD 54 thousand |
| EBITDA Margin | 40 % |
| Industries | Banquet Halls |
| Locations | Hyderabad |
| Local Time | 1:13 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
56 thousand
(Native Currency: INR 5,000,000)
Reason: The owner is unable to dedicate time to manage this business owing to responsibilities with other en...
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Includes physical assets worth
USD
56 thousand
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Documents
GST Certificate
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Business Overview
- Banquet hall with a capacity of 350 guests, perfect for large gatherings.
- Over the past two years, the hall has consistently hosted between 6 and 15 events per month, with a steady stream of 2 to 3 daily inquiries. It is located in a high-potential area ideal for banquet operations.
- We offer customers the option to book the hall along with catering and decor services. We have an in-house arrangement with decorators and work flexibly with caterers, providing recommendations based on customer preferences.
- We do not have permanent staff; instead, we hire two cleaners and one supervisor on a contractual basis for each event.
- We hold GST registration, a shop and establishment license, and a signage license that permits us to display banners.
- Over the past two years, the hall has consistently hosted between 6 and 15 events per month, with a steady stream of 2 to 3 daily inquiries. It is located in a high-potential area ideal for banquet operations.
- We offer customers the option to book the hall along with catering and decor services. We have an in-house arrangement with decorators and work flexibly with caterers, providing recommendations based on customer preferences.
- We do not have permanent staff; instead, we hire two cleaners and one supervisor on a contractual basis for each event.
- We hold GST registration, a shop and establishment license, and a signage license that permits us to display banners.
Products & Services Overview
The banquet hall is used for a wide range of events including engagements, wedding receptions, marriage ceremonies, birthday parties, and business meetings.
Assets Overview
Tangible assets: Diesel generator 60kw, air conditioners, 200 chairs and 4 sofas, CCTV cameras, utilities, curtains, dining tables and music system with amplifier.Intangible assets: Lease agreement, collaborations with decorators and service providers.
Facilities Overview
The banquet hall is located on the 3rd floor, spanning 4,300 sq. ft. , in a prime area of Gajularamaram. The property is leased at INR 1.68 lakhs per month (excluding GST), with 8 years remaining on a 10-year lease agreement.
Capitalization Overview
The business is debt-free and fully funded through the sole proprietor’s own capital.
Recent Activity
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Earlier than 15 daysDesktop Support Engineer, Financial Services, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector - Operations, Software, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysJava Developer, Business Consulting And Services, Kitchener, Individual Investor / Buyer connected with the Business
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