Banquet Hall Investment Opportunity in Shirur, India
Profitable banquet hall near NH 548D, hosting 250 events annually, seeking investment for renovation.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.4 million |
| Run Rate Sales | USD 1.4 million |
| EBITDA Margin | 40 % |
| Industries | Banquet Halls |
| Locations | Shirur |
| Local Time | 12:31 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
590 thousand
for
49.0%
stake
(Native Currency: INR 50,000,000)
Reason: Seeking investment for renovation of the building and adding more facilities and features. it can be...
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Includes physical assets worth
USD
820 thousand
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Business Overview
- Banquet hall located adjacent to NH 548D in Pimpalsuti.
- We had constructed this property with uniqueness and splendidly at par.
- Facilities included are 1 huge hall, separate kitchen and dining arrangement, 8 guest rooms, 500 vehicles parking space, toilets and a unique entrance gate.
- We host ~ 250 events a year, most of them are marriages. Additionally, we also host gatherings and events.
- Average charge per event is INR 5 lakhs.
- During the pre-COVID phase, the business was generating an annual turnover of up to INR 20 lakhs.
- The business has 4 permanent employees, additionally, we hire contract employees on a service basis.
- Business potential is huge we can't organize and control it due to a lack of capital.
- We had constructed this property with uniqueness and splendidly at par.
- Facilities included are 1 huge hall, separate kitchen and dining arrangement, 8 guest rooms, 500 vehicles parking space, toilets and a unique entrance gate.
- We host ~ 250 events a year, most of them are marriages. Additionally, we also host gatherings and events.
- Average charge per event is INR 5 lakhs.
- During the pre-COVID phase, the business was generating an annual turnover of up to INR 20 lakhs.
- The business has 4 permanent employees, additionally, we hire contract employees on a service basis.
- Business potential is huge we can't organize and control it due to a lack of capital.
Products & Services Overview
Banquet hall with a huge hall, kitchen and dining arrangement, guest rooms, vehicle parking space, toilets and a unique entrance gate.Host marriage events, gatherings etc.
Assets Overview
An ancestral property, owned. Physical assets value includes own land, building, interiors, exteriors, furniture, equipment etc.
Facilities Overview
Own property - 15,000 sq ft. marriage hall, plus 10,000 sq ft lawn/garden, located in Gulabnagar, Pimpalsuti.
Capitalization Overview
The business is self-funded.There is an outstanding bank loan of Rs 1.25Cr.
Business is 100% owned by the proprietor.
Recent Activity
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Earlier than 15 daysVice President - Strategic Growth, Food & Beverage, Mumbai, Individual Investor / Buyer connected with the Business
Tags:
Convention Center Investment Opportunity in Shirur, India
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·Invest in Convention Center in Shirur, India
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·Marriage Hall Investment Opportunity
·Wedding Venue Investment Opportunity
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·Invest in Convention Center
·Invest in Kalyana Mandapam
·Invest in Marriage Hall
·Invest in Wedding Venue
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