Banquet Hall for Sale in Purulia, India
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 316 thousand |
| Run Rate Sales | USD 340 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Hotels + 1 more |
| Locations | Purulia |
| Local Time | 5:25 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- Hosts marriage functions, corporate events, private parties, social gatherings, conferences, and public events through multiple event venues.
- Features a complete infrastructure including 16 hotel rooms, multiple banquet halls, a conference hall, private lounge, expansive lawn area, and dedicated parking facilities.
- Revenue is generated through banquet bookings, event management services, room rentals, corporate functions, weddings, and hospitality operations.
- Banquet facilities record occupancy of approximately 80–90 event days annually, demonstrating consistent demand for event hosting services.
- Hotel operations were launched recently and are showing encouraging early traction, creating an additional recurring revenue stream.
- Serves wedding clients, corporate organizations, families, event planners, and social groups seeking a premium venue destination.
- Benefits from diversified revenue sources across events, accommodation, food and beverage services, and conference bookings.
- Hires contract employees as required to efficiently manage peak event schedules and operational demands.
- Fully operational setup with established infrastructure, allowing immediate continuation and future expansion under new ownership.
- Holds GST and MSME registrations, supporting regulatory compliance and business credibility.
- Well-positioned to capitalize on growing demand for destination weddings, corporate retreats, social celebrations, and hospitality services.
- All equipment and fixtures, including newly installed air conditioners, valued at approximately INR 1.25 crore.
- Land and building valued at approximately INR 8.75 crore.
- Total land area: 24,000 sq. ft.
- Built‑up area: 15,000 sq. ft. across 4 floors.
- Includes 16 operational rooms, with potential to construct an additional 15–20 rooms.
- Strategically located near the railway station.
- Three partners with equity split: 50%/ 25%/25%.
- Outstanding debt of approximately INR 30 lakh, to be cleared upon sale.
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Proprietor, Real Estate Construction, Ranchi, Individual Investor / Buyer connected with the Business