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Banquet Hall for Sale in Patna, India

For sale: Restaurant and banquet hall with 20 daily walk-ins and a good reputation.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 12.6 thousand
Run Rate Sales USD 12.6 thousand
EBITDA Margin Operating at loss
Industries Banquet Halls + 1 more
Locations  Patna
Local Time 7:40 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 210 thousand (Native Currency: INR 20,000,000)
Reason: The business is being sold due to the time constraints of the owner.
Includes physical assets worth USD 210 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
FSSAI License
Business Overview
- The business operates a restaurant specializing in kebabs and North Indian cuisine.
- It also features a banquet hall for hosting small events and celebrations.
- The restaurant has a seating capacity of 100 guests, while the banquet hall can accommodate up to 50 guests.
- The business receives around 20 walk-in customers daily.
- The business has a team of 15 permanent employees who manage restaurant operations, food preparation, customer service, and banquet functions.
- It is a sole proprietorship and holds an FSSAI license.
Products & Services Overview
The business operates a restaurant and banquet hall, serving dine-in customers, families, and event organizers. The restaurant serves both vegetarian and non-vegetarian food.
Assets Overview
Tangible assets: Restaurant and banquet equipment, kitchen machinery, furniture and fixtures, utensils, crockery, cutlery, kitchen appliances, air conditioners, and other operational assets.

Intangible assets: Business name, customer base, and FSSAI license.
Facilities Overview
The business operates from a 6,000 sq. ft. rented facility with a monthly rent of INR 4 lakh.
Capitalization Overview
The business has a single owner and does not have any loans.
Recent Activity
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5 Buyers contacted this Business this week. Register below to connect now!
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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