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Banquet Hall Investment Opportunity in Doha, Qatar

Looking for a proactive or sleeping partner for extension purposes of this traditional restaurant.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 550 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 20 %
Industries Banquet Halls + 1 more
Locations  Doha
Local Time 5:07 AM Asia / Qatar
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 100 thousand for 50.0% stake (Native Currency: QAR 350,000)
Reason: For expansion of the business, for more revenue generation as there are ample opportunities to gener... View More
Includes physical assets worth USD 200 thousand
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Business Overview

- The restaurant is a unique theme-based traditional restaurant in Qatar with an 11,000 sq. ft. area.

- The restaurant has a seating capacity of 150 pax and can accommodate more than 30 cars at a time for parking.

- Currently, we are generating an average revenue of QAR 250k per month with only 1 type of traditional cuisine. If in the future we serve multiple cuisines, the revenue can reach up to QAR 700 to 800k per month.

- We also receive bookings for birthday parties, events, and seminars. On average we receive 4 to 5 bookings per week.

- The majority of our revenue is generated from bookings for parties and events.

Products & Services Overview

Fine dine concept serving Kashmiri cuisine. As well as arranging birthday events, parties, and seminars.

Assets Overview

All handmade upholstery like curtains, pillows, cushions, carpets, furniture, cutlery, kitchen equipment, tandoor, butchery room, office, and staff accommodation.

Facilities Overview

11,000 sq. ft. with 150 pax seating capacity, 4 medium theme sized majlis. 2 large beautifully decorated majlis.

The built-up area is 4,500 sq. ft. still 6,000 sq. ft. space is vacant. We pay a monthly rent of INR 50k per month and is located in a spacious restaurant in Doha.

This is a huge restaurant with both indoor & outdoor dining.

Capitalization Overview

- The current proprietor has a 100% stake in the business.

- The business has zero debt and no liabilities.

Recent Activity
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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.
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