Banquet Hall Seeking Loan in Shirur, India
Thriving hospitality business with a luxury event space, seeking investment to drive enhancement and growth.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 130 thousand |
| Run Rate Sales | USD 188 thousand |
| EBITDA Margin | 35 % |
| Industries | Banquet Halls |
| Locations | Shirur |
| Local Time | 2:00 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
223 thousand
for
13.0%
annual interest,
10
years
(Native Currency: INR 20,000,000)
Reason: The reason for the loan is to enhance services and improve quality.
Collateral Available: USD 1.12 million
Includes physical assets worth
USD
1.12 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Udyam Registration Certificate
(114.4 KB)
Business Overview
- Established event management & hospitality hub: Operative for 6 years, offering versatile event spaces including wedding and conference halls, premiere guest houses, and a dedicated vegetarian restaurant.
- Prime location in Shirur: Spanning 60,000 sq. feet with PMRDA sanctioned infrastructure, strategically located for accessibility and convenience.
- High growth potential: Experiencing substantial client influx and maintaining robust relationships, showcasing year-round high occupancy with 60% during peak seasons.
- Financial overview: Generates annual sales of INR 25 lakhs with a requirement of INR 70 lakh investment targeted at enhancing internal infrastructure and supporting revenue expansion.
- Competitive edge: Dominates the local market with no significant competitors offering a similar array of facilities and services, ensuring a competitive advantage for future growth.
- Resilience through challenges: Demonstrated resilience during the COVID-19 pandemic, highlighting strong adaptability and consistency in service delivery under challenging conditions.
- Strategic investment opportunity: Initial investment of 7 crores, the business presents a low-risk profile with modest secured (INR 45 lakhs) and unsecured loans (INR 3 lakhs), setting the stage for lucrative returns on further investment.
- Prime location in Shirur: Spanning 60,000 sq. feet with PMRDA sanctioned infrastructure, strategically located for accessibility and convenience.
- High growth potential: Experiencing substantial client influx and maintaining robust relationships, showcasing year-round high occupancy with 60% during peak seasons.
- Financial overview: Generates annual sales of INR 25 lakhs with a requirement of INR 70 lakh investment targeted at enhancing internal infrastructure and supporting revenue expansion.
- Competitive edge: Dominates the local market with no significant competitors offering a similar array of facilities and services, ensuring a competitive advantage for future growth.
- Resilience through challenges: Demonstrated resilience during the COVID-19 pandemic, highlighting strong adaptability and consistency in service delivery under challenging conditions.
- Strategic investment opportunity: Initial investment of 7 crores, the business presents a low-risk profile with modest secured (INR 45 lakhs) and unsecured loans (INR 3 lakhs), setting the stage for lucrative returns on further investment.
Products & Services Overview
The products and services offered include a wedding hall, birthday and party hall, a vegetarian restaurant, lodging, event venue, and a performance venue.
Assets Overview
Building structures, furniture, restaurant and kitchen equipment.
Facilities Overview
The business owns a property with a layout of 95,000 sq. ft. , which includes:-3,000 sq. ft. on the ground floor.
-3,000 sq. ft. on the first floor, including civil structure.
-12,000 sq. ft. fabrication shed with roof and flooring.
Compound area.
-45,000 sq. ft. parking space located along the highway.
Capitalization Overview
Current ownership has invested around 7 crores, with a secured loan of 45 lakhs and an unsecured loan of 3 lakhs.
Recent Activity
-
Earlier than 15 daysCEO, Pune, M&A Advisor connected with the Business
Tags:
Convention Center Seeking Loan in Shirur, India
·Kalyana Mandapam Seeking Loan in Shirur, India
·Marriage Hall Seeking Loan in Shirur, India
·Wedding Venue Seeking Loan in Shirur, India
·Banquet Hall Seeking Loan in Shirur, India
·Lend to Convention Center in Shirur, India
·Lend to Kalyana Mandapam in Shirur, India
·Lend to Marriage Hall in Shirur, India
·Lend to Wedding Venue in Shirur, India
·Lend to Banquet Hall in Shirur, India
·Convention Center Seeking Loan
·Kalyana Mandapam Seeking Loan
·Marriage Hall Seeking Loan
·Wedding Venue Seeking Loan
·Banquet Hall Seeking Loan
·Lend to Convention Center
·Lend to Kalyana Mandapam
·Lend to Marriage Hall
·Lend to Wedding Venue
·Lend to Banquet Hall
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