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Banquet Hall for Sale in Mumbai, India

For Sale: Pure Veg Fine Dine Restaurant & Banquet at Prime Location with all Licenses.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 177 thousand
Run Rate Sales USD 190 thousand
EBITDA Margin 10 %
Industries Banquet Halls + 1 more
Locations  Mumbai
Local Time 8:39 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 170 thousand (Native Currency: INR 15,000,000)
Reason: Operating partner is moving to the USA.
Includes physical assets worth USD 170 thousand
Interested to connect with advisors
Documents
FSSAI License
Interiors
Business Overview
- Business operating a restaurant in Mumbai.
- We serve pure vegetarian North Indian, Gujrati, Chaat, Fast Food & Snacks.
- Our restaurant is a Gujarati culture-inspired themed restaurant.
- There is also a banquet hall attached to the restaurant.
- Restaurant has a maximum seating capacity of 120 pax, and the banquet hall has a capacity of 100 guests.
- We receive an average of 130 daily customers during weekdays and 200 daily customers during weekends.
- Available on online food delivery platforms such as Swiggy and Zomato and receive an average of 25 daily orders.
- Full-fledged kitchen with PNG gas pine-line is available.
- Located in a business park with more than 5,000 footfalls. It's within close proximity to the railway station, bus depot, auto-rickshaw stand.
- Surrounded by numerous residential complexes and corporate parks.
- Physical assets are interior setup, furniture and kitchen equipment.
- Sale would include entire business, licenses and physical assets.
Products & Services Overview
Pure veg fine dine restaurant serving Punjabi, Gujrati, Kutchhi, Rajasthani, fast food, chaat, sandwiches, snacks.
Also serves other cuisines on request during functions at the banquet.
Facilities Overview
Property is rented and has an area of 2,700 Sq. Ft. carpet area spread across 2 floors. Banquet hall is 900 Sq. Ft. and is on the second floor. Property is on rent under a 5 year rental agreement + 4 years LOI.
Capitalization Overview
Not Disclosed
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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