Banquet Hall for Sale in Pala, India
For Sale: Convention complex that has 5 halls and a fully equipped super specialty kitchen.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 100 - 500 |
| Legal Entity | General Partnership |
| Reported Sales | Undisclosed |
| Run Rate Sales | Undisclosed |
| EBITDA Margin | Undisclosed |
| Industries | Banquet Halls |
| Locations | Pala |
| Local Time | 8:05 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
3.44 million
(Native Currency: INR 330,000,000)
Reason: Finding it difficult to pay back the loan EMIs due to the COVID situation.
We are open to partial i...
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Includes physical assets worth
USD
2.9 million
Documents
Presentation - Convention Hall
(13.4 MB)
Property Front
(38.5 KB)
Presentation - Hotel
(11.5 MB)
Presentation - Residency and Food Plaza
(17.7 MB)
Registration Certificate
(1.0 MB)
Business Overview
- Property has 5 convention halls of different sizes which ensures that people of all economic and social backgrounds can be catered to.
- Property is company owned and has 4 floors. The 5 halls can accommodate - 1200, 700, 500, 300 and 100 individuals respectively.
- Parking lot can hold 50 cars.
- The halls are mainly rented out for weddings and receptions.
- The property has a 12,000 Sq. Ft. fully equipped kitchen.
- New owners can start their own catering service or simply rent out the halls for different events.
- The business also has 2 other properties that we would like to sell. The presentation for both the properties can be found on the profile.
- We are looking to sell the entire company and all 3 properties. The selling price would be Rs. 71 crores. If a buyer would like to purchase only the convention hall property, then the selling price for this would be Rs. 33 crores.
- We are flexible and willing to negotiate regarding the structure of the investment and the associated cash flows.
- Property is company owned and has 4 floors. The 5 halls can accommodate - 1200, 700, 500, 300 and 100 individuals respectively.
- Parking lot can hold 50 cars.
- The halls are mainly rented out for weddings and receptions.
- The property has a 12,000 Sq. Ft. fully equipped kitchen.
- New owners can start their own catering service or simply rent out the halls for different events.
- The business also has 2 other properties that we would like to sell. The presentation for both the properties can be found on the profile.
- We are looking to sell the entire company and all 3 properties. The selling price would be Rs. 71 crores. If a buyer would like to purchase only the convention hall property, then the selling price for this would be Rs. 33 crores.
- We are flexible and willing to negotiate regarding the structure of the investment and the associated cash flows.
Products & Services Overview
Convention complex that has 5 halls and a fully equipped kitchen.
Assets Overview
Land, building, complete interior setup and furniture.
Facilities Overview
Property is company owned and is on a land of 2.1 acres. Property has an area of 50,000 Sq. Ft. built up over 4 floors.There is also a 12,000 square feet super specialty fully equipped kitchen, and staying quarters for 40 people.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Builders, Kollam, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Development Head, Hotels & Resorts, Mumbai, Corporate Investor / Buyer connected with the Business
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