Convention Center Investment Opportunity in Bhubaneswar, India

Convention Center for Weddings, Training Events, Entertainment Parties, Theme based events, Competitions, etc.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 440 thousand
EBITDA Margin
36 %
Industries
Local Time
10:38 AM Odisha
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 300 thousand for 20.0% stake (Native Currency: INR 20,000,000)
Reason: To set up 2 more venues as a first step in a similar template to create a chain of convention center... View More
Includes physical assets worth USD 150 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

The first convention center went live earlier in 2015 in Bhubaneshwar. The plan is to set up 14 more venues around cities of Odisha rapidly to cater to a burgeoning middle class seeking classy venues for various functions which don't have to cost the earth and are easy to manage large venues. It spares customers, the burden of booking city hotels which are congested, expensive and hugely monotonous.

Our locations are such that they are easy to locate, has amazing parking facilities, can be customized to client requirements and is very flexible in terms of pricing. These convention center are modern, upmarket and are available at affordable prices. A huge investment effort is being made to create banqueting facilities and cafes along with diverse cuisine presentations to ensure greater depth and variety.

Management team of IIM graduates from IIMC and IIML with a sales team and an admin complement. Currently the company is setting up its inhouse kitchen and cafe team.

Products & Services Overview

Banqueting.

Parties.

Cafe.

Exhibitions.

Training.

Sales meets.

Birthday events.

Theme based parties.

Competitions.

Summer camps.

Fitness camps.

Yoga studios.

Dance academies.

Facilities Overview
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more