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Banquet Hall for Sale in Purulia, India

Profitable banquet-cum-hotel destination for sale with event facilities and growing hospitality operations.

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
Overall Rating
Full Sale
Asking Price: USD 1.53 million (Native Currency: INR 145,000,000)
Reason: The owner, originally from another state, intends to wrap up operations in the current city and focu... View More
Includes physical assets worth USD 1.05 million
Interested in connecting with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Certificate
Udyam Certificate
Business Overview
- Established banquet-cum-hotel destination offering comprehensive event hosting, hospitality, and accommodation services.
- 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.
Products & Services Overview
Marriage events, corporate functions, private parties, hotel accommodation, conferences, and hospitality services for families, businesses, and event organizers.
Assets Overview
Tangible assets:
- 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.
Facilities Overview
- Owned property.
- 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.
Capitalization Overview
- Family‑owned, privately held business.
- Three partners with equity split: 50%/ 25%/25%.
- Outstanding debt of approximately INR 30 lakh, to be cleared upon sale.
Recent Activity
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3 Buyers already contacted this Business. 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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