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Newly Established Banquet Hall for Sale in Bhopal, India

Acquire a highway restaurant and banquet hall with built up area of 13,500 sq ft.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Banquet Halls + 1 more
Locations  Bhopal
Local Time 11:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 530 thousand (Native Currency: INR 45,000,000)
Reason: Due to personal reasons and financial constraints, we wish to sell the business.
Includes physical assets worth USD 530 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Business Overview
- It's a property located on the state highway.
- The infrastructure includes a big family restaurant, a couple restaurant with a water theme, a banquet hall, a separate veg and non-veg kitchen, swimming pool.
- We have an FSSAI and Gumtasa license.
- The seating capacity of the restaurant is 200.
- The restaurant has only been operating for a few days and has no figures to report.
- We also have a hotel under construction on one of the four floors.
Products & Services Overview
The top dishes of the restaurant are paneer pahadi and aloo cutlet in veg, tangdi chicken and dragon chicken in non-veg.
Assets Overview
Land is valued at INR 4.95 crore.
Building, furniture, all kitchen utensils, CCTV camera, TV, and estimated at INR 1.5 crore.
However, we invested INR 4.5 crore initially and are looking to sell quickly to get back the initial investment.
Facilities Overview
- The land dimensions are 9,000 sq ft.
- Built up area is 13,500 sq ft.
- No of floors are 4 which are banquet hall, restaurant, hotel, rooftop respectively.
Capitalization Overview
The property has a single owner, and there are no loans on the property.
Recent Activity
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3 Buyers contacted this Business this month. Register below to connect now!
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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