Banquet Hall for Sale in Venkatagiri, India
Function hall in Venkatagiri hosting 20+ monthly events, available for full acquisition or partnership.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 117 thousand |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 20 % |
| Industries | Banquet Halls |
| Locations | Venkatagiri |
| Local Time | 2:48 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Full Sale
Asking Price:
USD
290 thousand
(Native Currency: INR 25,000,000)
Reason: The owner has other business, and is unable to dedicate enough time.
Includes physical assets worth
USD
290 thousand
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Business Overview
- Function hall located in the center of Venkatagiri town, ideal for weddings and social events.
- Hosts approximately 20 events per month, primarily weddings with occasional birthday functions.
- Well-known locally for accessibility and utility; caters to families and event planners in the area.
- Holds a valid electricity compliance certificate issued by the local government authority.
- Operational infrastructure suitable for mid-sized gatherings; additional facility details can be shared on request.
- Hosts approximately 20 events per month, primarily weddings with occasional birthday functions.
- Well-known locally for accessibility and utility; caters to families and event planners in the area.
- Holds a valid electricity compliance certificate issued by the local government authority.
- Operational infrastructure suitable for mid-sized gatherings; additional facility details can be shared on request.
Products & Services Overview
Venue rental for weddings and private events; primarily serves families and local community groups.
Assets Overview
The property spans 16,000 sq. ft. , with an estimated value of INR 2 crore; interiors and furnishings valued at INR 50 lakh.
Facilities Overview
The hall spans over 16,000 square feet with 14 rooms.
Capitalization Overview
The business is owned by a sole owner. There are no debts in the business.
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