Banquet Hall for Sale in Rajkot, India
Gujarat-based established vegetarian banquet hall and restaurant, averaging 60 customers/day and 17 bookings monthly.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 101 thousand |
| Run Rate Sales | USD 108 thousand |
| EBITDA Margin | 40 % |
| Industries | Banquet Halls + 1 more |
| Locations | Rajkot |
| Local Time | 9:07 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
450 thousand
(Native Currency: INR 40,000,000)
Reason: Due to personal reasons, the promoter wants to sell the business.
The high valuation takes into acc...
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Includes physical assets worth
USD
260 thousand
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Another look at the banquet hall
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Business Overview
- Established business operating in the banquet halls and restaurants sector, catering to a growing demand for vegetarian dining and event hosting in Rajkot.
- A dedicated team of 16 employees, ensuring efficient service and maintaining high standards of food quality and customer satisfaction.
- Restaurant serves an average of 50 to 60 customers daily, indicating a stable and reliable patronage.
- The banquet hall enjoys an average of 15 to 17 bookings per month, showcasing its capacity to host events and functions.
- Revenue is split 60% from the banquet hall and 40% from the restaurant, highlighting the importance of both segments to the overall business model.
- Business holds an FSSAI license and GST certification.
- A dedicated team of 16 employees, ensuring efficient service and maintaining high standards of food quality and customer satisfaction.
- Restaurant serves an average of 50 to 60 customers daily, indicating a stable and reliable patronage.
- The banquet hall enjoys an average of 15 to 17 bookings per month, showcasing its capacity to host events and functions.
- Revenue is split 60% from the banquet hall and 40% from the restaurant, highlighting the importance of both segments to the overall business model.
- Business holds an FSSAI license and GST certification.
Products & Services Overview
The business's top-selling dishes:- All thalis and Gujarati thali.
The restaurant is a pure vegetarian restaurant and serves North Indian, South Indian and Chinese cuisines.
Assets Overview
Tangible assets: 2 floors of the building worth INR 2 crore and all furniture and fittings worth INR 30 lakh.
Facilities Overview
The business operates from a commercial building in which it owns 2 floors.2 floors - 2nd and and 3rd floor.
6,000 sq feet.
Banquet capacity - 200 pax. (3rd floor)
Restaurant capacity - 80. (2nd floor)
The business is located in Rajput Para, Rajkot, Gujarat.
Capitalization Overview
The business has no loans and has 2 partners with equal shares.
Recent Activity
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Earlier than 15 daysOwner, Metal Fabrication, Jamnagar, Individual Investor / Buyer connected with the Business
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