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Banquet Hall for Sale in Ludhiana, India

For sale: Running restaurant and banquet hall with a monthly turnover of INR 27 lakh.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 400 thousand
Run Rate Sales USD 400 thousand
EBITDA Margin 10 %
Industries Banquet Halls + 1 more
Locations  Ludhiana
Local Time 7:09 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 80 thousand (Native Currency: INR 6,500,000)
Reason: The owner wishes to retire.
Includes physical assets worth USD 60 thousand
Interested to connect with advisors
Documents
Business Overview

- We are an authentic pure vegetarian restaurant with a banquet hall as well.

- We serve North Indian, South Indian, and Chinese cuisine dishes.

- Our restaurant has a seating capacity of 84 pax.

- The banquet hall covers 2 floors with a capacity of 140 people.

- Currently, we generate INR 13 lakh from our banquet services and and equal amount from our restaurant.

- Business has no loan and is run by a sole owner.

- We have a strong clientele and foot hold in the market with reputation and growth.

Products & Services Overview

Restaurant serving North Indian, Chinese, South Indian, and Italian cuisine. Banquet hall available for bookings.

Assets Overview

Entire set-up with all the interiors, furniture and equipment.

Facilities Overview

Ground floor plus 2 floors which is a rental place. We pay a monthly rent of INR 3.5 lakhs.

Capitalization Overview

No loans are taken by us. Single owner.

There is no loan liability.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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