Banquet Hall Investment Opportunity in Bhubaneswar, India
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 50 thousand|
|Run Rate Sales||USD 400 thousand|
|EBITDA Margin||36 %|
|Local Time||8:16 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
The first convention center went live earlier in 2015 in Bhubaneshwar. The plan is to set up 14 more venues around cities of Odisha rapidly to cater to a burgeoning middle class seeking classy venues for various functions which don't have to cost the earth and are easy to manage large venues. It spares customers, the burden of booking city hotels which are congested, expensive and hugely monotonous.
Our locations are such that they are easy to locate, has amazing parking facilities, can be customized to client requirements and is very flexible in terms of pricing. These convention center are modern, upmarket and are available at affordable prices. A huge investment effort is being made to create banqueting facilities and cafes along with diverse cuisine presentations to ensure greater depth and variety.
Management team of IIM graduates from IIMC and IIML with a sales team and an admin complement. Currently the company is setting up its inhouse kitchen and cafe team.
Theme based parties.
The first project has a 1.2 acre lease for 7 years renewable for another 7 and has lounges, lawns and provisions for a kitchen and cafe. Subsequent locations could be leased out or in a few cases on company owned land which already has been acquired.
Earlier than 15 daysDirector, Real Estate, Bhubaneswar, Corporate Investor / Buyer connected with this business
Earlier than 15 daysMD, Hospitality & Automobiles, Bhubaneswar, Individual Investor / Buyer connected with this business
Earlier than 15 daysDirector, Restaurants, Mumbai, Corporate Investor / Buyer accepted business proposal