Banquet Hall for Sale in Madurai, India
For Sale: Marriage hall in a posh area of Madurai operating with 50% occupancy rate.
This transaction has concluded.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 111 thousand |
| EBITDA Margin | 30 % |
| Industries | Banquet Halls |
| Locations | Madurai |
| Local Time | 10:09 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
2.3 million
(Native Currency: INR 200,000,000)
Reason: Planning to start another business in a different city.
Includes physical assets worth
USD
2.3 million
Interested to connect with advisors
Business Overview
- We are running a marriage hall business since the last 20 years in Madurai with 50% occupancy rate and have built goodwill over the years.
- It has modern infrastructure on a total area of 13,200 sq ft which is spread over G+2 floors and can accommodate 400 people.
- We rent our facility for at least 150 days in a year.
- Have our own decorators that manages and decorates the marriage hall as per the customer's requirements.
- Hall is fully air-conditioned with power backup.
- It has modern infrastructure on a total area of 13,200 sq ft which is spread over G+2 floors and can accommodate 400 people.
- We rent our facility for at least 150 days in a year.
- Have our own decorators that manages and decorates the marriage hall as per the customer's requirements.
- Hall is fully air-conditioned with power backup.
Products & Services Overview
A very modern design fully air conditioned banquet hall, suitable for all events.
Facilities Overview
Land area is of 7,200 sq ft and built up area is 13,200 sq ft spread on G+2 floors. Well equipped with lift and power backup.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Madurai, Business Broker connected with the Business
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Earlier than 15 daysProject Manager, Real Estate Promoters, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
Tags:
Convention Center for Sale in Madurai, India
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