Banquet Hall for Sale in Varanasi, India
3-star hotel and banquet in Varanasi near city center with 22 rooms and strong occupancy.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 90 - 100 thousand |
| Run Rate Sales | USD 110 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Hotels + 1 more |
| Locations | Varanasi |
| Local Time | 5:25 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.7 million
(Native Currency: INR 150,000,000)
Reason: The promoter wants to relocate.
Includes physical assets worth
USD
1.7 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(343.1 KB)
Electricity Bill
(105.9 KB)
Business Overview
• Well-maintained 3-star hotel and banquet hall for sale in Varanasi, strategically located near the railway station and city center.
• Popular among both domestic and international tourists for affordable, quality accommodation.
• Multiple revenue streams from room rentals, restaurant, banquet events, and rooftop dining.
• Hotel features 22 well-appointed rooms — 20 air-conditioned and 2 non-AC — catering to different budget segments.
• Average occupancy rate: 50–70% daily, with 100% occupancy during peak seasons; typically 10–11 rooms booked daily even in off-season.
• Room rates range from INR 1,500 to INR 3,000 per night.
• Managed by a promoter with 15 years of hospitality experience, ensuring high operational efficiency and customer satisfaction.
• Holds valid GST registration.
• Positioned as a proven, high-demand hospitality asset offering stable year-round revenue and attractive investment returns.
• Popular among both domestic and international tourists for affordable, quality accommodation.
• Multiple revenue streams from room rentals, restaurant, banquet events, and rooftop dining.
• Hotel features 22 well-appointed rooms — 20 air-conditioned and 2 non-AC — catering to different budget segments.
• Average occupancy rate: 50–70% daily, with 100% occupancy during peak seasons; typically 10–11 rooms booked daily even in off-season.
• Room rates range from INR 1,500 to INR 3,000 per night.
• Managed by a promoter with 15 years of hospitality experience, ensuring high operational efficiency and customer satisfaction.
• Holds valid GST registration.
• Positioned as a proven, high-demand hospitality asset offering stable year-round revenue and attractive investment returns.
Products & Services Overview
Accommodation, banquet, and restaurant services catering to tourists, business travelers, and local event clients.
Assets Overview
Tangible assets include physical properties such as land worth INR 6 cr and buildings.Assets included: Furniture, gensets, lifts and all operational assets:
Intangible assets encompass non-physical rights/documentation, such as land registration certificates.
Facilities Overview
- Location: Strategically situated in the prime Cantonment area of Varanasi, offering excellent connectivity and prestige.- Ownership: Freehold property with clear title.
- Plot Area: 2,720 square feet.
- Built-Up Area: 2,500 square feet.
- G+5 with basement.
Capitalization Overview
The hotel is solely owned by a single proprietor, with no shareholders involved. The only financial liability is a bank loan of INR 1 crore. There are no other outstanding debts or encumbrances on the property.
Tags:
Convention Center for Sale in Varanasi, India
·Purchase Convention Center in Varanasi, India
·Kalyana Mandapam for Sale in Varanasi, India
·Purchase Kalyana Mandapam in Varanasi, India
·Marriage Hall for Sale in Varanasi, India
·Wedding Venue for Sale in Varanasi, India
·Purchase Marriage Hall in Varanasi, India
·Purchase Wedding Venue in Varanasi, India
·Banquet Hall for Sale in Varanasi, India
·3 Star Hotel for Sale in Varanasi, India
·4 Star Hotel for Sale in Varanasi, India
·5 Star Hotel for Sale in Varanasi, India
·Buy Convention Center in Varanasi, India
·Purchase Banquet Hall in Varanasi, India
·Purchase 3 Star Hotel in Varanasi, India
·Purchase 4 Star Hotel in Varanasi, India
·Purchase 5 Star Hotel in Varanasi, India
·Buy Kalyana Mandapam in Varanasi, India
·Convention Center for Sale in Banaras
·Purchase Convention Center in Banaras
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
27 Buyers viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,000+ other businesses of all sizes.
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.
You might also be interested in these businesses