Banquet Hall Seeking Loan in New Delhi, India
Established wedding organizing business in Delhi NCR looking to further develop their own venue.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 87 thousand |
| Run Rate Sales | USD 90 thousand |
| EBITDA Margin | 25 % |
| Industries | Banquet Halls + 1 more |
| Locations | New Delhi |
| Local Time | 10:49 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
14 thousand
for
12.0%
annual interest,
2
years
(Native Currency: INR 1,200,000)
Reason: Further development of the venue. We have already exhausted our funds and need to supplement them wi...
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Collateral Available: USD 0
Includes physical assets worth
USD
81 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Wedding organizing business based in Delhi NCR.
- We have been operating for 8 years but the business was registered only last year.
- This is a seasonal business where we do INR 75 lakh in annual sales.
- We used to hire venues for the weddings we organize, but now we have taken our own venue on a long-term lease.
- We have entirely developed our new venue and it has a spacious lawn for gatherings of up to 1,000 persons.
- We have been operating for 8 years but the business was registered only last year.
- This is a seasonal business where we do INR 75 lakh in annual sales.
- We used to hire venues for the weddings we organize, but now we have taken our own venue on a long-term lease.
- We have entirely developed our new venue and it has a spacious lawn for gatherings of up to 1,000 persons.
Products & Services Overview
We organize end-to-end weddings in Delhi NCR and this is our top sought service.
Assets Overview
2.5 acres of long-term leased land. The fixtures, furniture, and equipment on this land have been installed by us the total capex was INR 70 lakh.
Facilities Overview
Our corporate office is owned in the South Delhi locality of Chattarpur in New Delhi.Our wedding venue is spread over 2.5 acres and it is located in Surajkund. We have the land on a 9-year lease.
The venue has:
- A spacious lawn for gatherings of up to 1,000 persons.
- Spacious dining banquet area too.
- Mudhouse theme bridal rooms.
- Reserved space for parking for up to 200 vehicles at a time.
- Beautiful decor setups in Western/European patterns.
- Located on Surajkund Road in Faridabad.
Capitalization Overview
- The business has no bank loans.- The business was initially funded by the proprietor and then it has been self-funded.
Recent Activity
-
3 days, 7 hours agoCFO And Director, Media Production, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, IT And Food, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder & CEO, Delhi, Business Broker connected with the Business
Tags:
Event Management Business Seeking Loan in New Delhi, India
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·Event Business Seeking Loan in New Delhi, India
·Marriage Hall Seeking Loan in New Delhi, India
·Wedding Venue Seeking Loan in New Delhi, India
·Banquet Hall Seeking Loan in New Delhi, India
·Lend to Convention Center in New Delhi, India
·Lend to Kalyana Mandapam in New Delhi, India
·Lend to Event Business in New Delhi, India
·Lend to Marriage Hall in New Delhi, India
·Lend to Wedding Venue in New Delhi, India
·Lend to Banquet Hall in New Delhi, India
·Event Management Business Seeking Loan
·Lend to Event Management Business
·Convention Center Seeking Loan
·Kalyana Mandapam Seeking Loan
·Event Business Seeking Loan
·Marriage Hall Seeking Loan
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