Banquet Hall for Sale in Pokhara, Nepal
Prime location party palace in Pokhara, with 3 banquet halls and hosting 80 events/year.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 70 thousand |
| Run Rate Sales | USD 85 thousand |
| EBITDA Margin | 40 % |
| Industries | Banquet Halls |
| Locations | Pokhara |
| Local Time | 11:07 AM Asia / Kathmandu |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
247 thousand
(Native Currency: NPR 35,000,000)
Reason: The owner has started another new banquet hall and is unable to manage both and hence, wants to sell...
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Includes physical assets worth
USD
247 thousand
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Business Overview
- Party palace is located on the Prithivi Highway, in Pokhara, approximately 900 meters ahead of the International airport.
- The facility boasts a capacity of 2200-2450 individuals and comprises three banquet halls, with the largest hall covering an area of 5,500 square feet.
- In addition to the banquet halls, the property includes four guest rooms, ample parking space, an outdoor event area, and a dining area.
- Suitable for a variety of events such as weddings, corporate events, birthdays, and dinner/cocktail parties.
- The party palace is the only event venue in the central area.
- On average, the venue hosts approximately 80 events per year and is charged on a per event basis.
- The property also includes a small segment that is rented to a departmental store, providing an additional revenue stream.
- The facility boasts a capacity of 2200-2450 individuals and comprises three banquet halls, with the largest hall covering an area of 5,500 square feet.
- In addition to the banquet halls, the property includes four guest rooms, ample parking space, an outdoor event area, and a dining area.
- Suitable for a variety of events such as weddings, corporate events, birthdays, and dinner/cocktail parties.
- The party palace is the only event venue in the central area.
- On average, the venue hosts approximately 80 events per year and is charged on a per event basis.
- The property also includes a small segment that is rented to a departmental store, providing an additional revenue stream.
Products & Services Overview
Party palace with three banquet halls, four guest rooms, ample parking space, an outdoor event area, and a dining area.Events hosted are weddings, corporate events, birthdays, and dinner/cocktail parties.
Assets Overview
Physical assets include the building, interiors, lighting, fixtures, furniture, electronic equipment etc.
Facilities Overview
The land is rented. Rent is NPR 1.2 lakhs per month.Total area is 7 Ropani.
The building is own, there are 2 floors.
Location is Kaski, Pokhara.
Capitalization Overview
Business is self-funded.Having outstanding bank loans.
There are 4 partners in the business.
Recent Activity
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Earlier than 15 daysDirector, Information Technology Consultancy, Ilford, Individual Investor / Buyer connected with the Business
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