Newly Established Banquet Hall for Sale in Bengaluru, India
New banquet hall in Bengaluru for sale, focusing on high-demand corporate and personal events.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Banquet Halls |
| Locations | Bengaluru |
| Local Time | 12:01 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
2.25 million
(Native Currency: INR 200,000,000)
Reason: We are planning to invest in a new business venture and are therefore looking to sell this business.
Includes physical assets worth
USD
1.35 million
Interested to connect with advisors
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Business Name
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Documents
Company TAN
(1.2 MB)
Facility Video 1
(3.1 MB)
Facility Video 2
(676.8 KB)
Facility Video 3
(5.6 MB)
Business Overview
- Located in Bengaluru, this banquet hall business will specialize in hosting corporate gatherings and events.
- With a dedicated team of 9 employees, the venue ensures exceptional service and seamless event management.
- The hall is equipped to accommodate various functions, such as conferences, seminars, and parties, catering to different client needs.
- Target customers will include corporate clients, event planners, and individuals looking for elegant event spaces.
- Revenue will be generated through rental fees for the hall, along with additional services like catering and decoration.
- The business focuses on creating memorable experiences, helping clients achieve their event goals through personalized service.
- With the growing demand for event venues in Bengaluru, this banquet hall is positioned for profitability and expansion.
- With a dedicated team of 9 employees, the venue ensures exceptional service and seamless event management.
- The hall is equipped to accommodate various functions, such as conferences, seminars, and parties, catering to different client needs.
- Target customers will include corporate clients, event planners, and individuals looking for elegant event spaces.
- Revenue will be generated through rental fees for the hall, along with additional services like catering and decoration.
- The business focuses on creating memorable experiences, helping clients achieve their event goals through personalized service.
- With the growing demand for event venues in Bengaluru, this banquet hall is positioned for profitability and expansion.
Products & Services Overview
Our best-selling services will include accommodation, corporate gatherings, and destination weddings, primarily booked by corporate employees and individual groups.
Assets Overview
Tangible assets include the building, furniture, and kitchen equipment.Intangible assets include the company PAN card, local approvals, and partnership deed.
Facilities Overview
The business operates from a building featuring 28 rooms covering 13,500 sq. ft. for the room block, a 12,000 sq. ft. dining area, a 1-acre lawn, a 1-acre parking area, a kitchen of 6,000–7,000 sq. ft. , a 2,000 sq. ft. store room, a 1,500 sq. ft. office, and a 3,000 sq. ft. dormitory. The building is owned by the company, while the land is held under a long-term lease.
Capitalization Overview
The business ownership is divided among five people holding 75% and three people holding 25%. It operates without any loans and is self-funded.
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