Banquet Hall for Sale in Shahjahanpur, India
For Sale: Banquet hall cum restaurant with 400 pax and 30 pax capacity respectively.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Banquet Halls |
| Locations | Shahjahanpur |
| Local Time | 11:52 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
175 thousand
(Native Currency: INR 15,000,000)
Reason: Involved in the same business at other locations so planning to sell this business.
Includes physical assets worth
USD
175 thousand
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Business Overview
- Newly developed banquet hall with a restaurant that is ready for inauguration.
- We purchased this property 1 year back and renovated it but now selling it before starting the operations.
- Facility has a fully air-conditioned restaurant with a seating capacity of 24-30 pax and a fully air-conditioned banquet hall with a capacity of 300-400 pax.
- We also have a staff room, kitchen, two deep freezers, one standing refrigerator, inverter supply for backup.
- Business could easily generate INR 1 cr revenue per annum.
- We purchased this property 1 year back and renovated it but now selling it before starting the operations.
- Facility has a fully air-conditioned restaurant with a seating capacity of 24-30 pax and a fully air-conditioned banquet hall with a capacity of 300-400 pax.
- We also have a staff room, kitchen, two deep freezers, one standing refrigerator, inverter supply for backup.
- Business could easily generate INR 1 cr revenue per annum.
Products & Services Overview
Restaurant serves different types of food and beverages with different cuisines.Banquet hall is for functions, weddings, and parties.
Assets Overview
Tangible: Complete infrastructure (land and building) with all interiors, all kitchen items, 3 bedrooms with attached bathrooms and complete furniture, restaurant with new chairs and tables, refrigerators, inverters, and fans.Intangible: GST registration, food license, Facebook page.
Facilities Overview
Own property with more than 5,000 Ssq ft built-up area and 2,000 plus sq ft shed area at the centre of the city.
Capitalization Overview
There is zero debt in this business.Total number of shareholders is 2 with 25% and 75% shareholdings.
Recent Activity
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Earlier than 15 daysOwner, Ranching And Farming, Invercargill, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Retail, Greater Noida, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysAssistant Manager, Bank, Lucknow, Individual Investor / Buyer connected with the Business
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