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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 11:16 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 600 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... View More
Includes physical assets worth USD 840 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.

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.

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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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