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Newly Established Banquet Hall for Sale in Klang, Malaysia

For Sale: Elegant event venue perfect for weddings, corporate gatherings, and special occasions.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 670 thousand
EBITDA Margin 40 %
Industries Banquet Halls
Locations  Klang
Local Time 10:05 PM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 710 thousand (Native Currency: MYR 3,200,000)
Reason: Our company specializes in acquiring land, constructing innovative event halls that cater to current... View More
Includes physical assets worth USD 710 thousand
Interested to connect with advisors
Business Overview
Our business has consistently thrived, serving a diverse clientele with a strong growth rate year over year.
With a team of experienced promoters, we have cultivated valuable business relationships and earned recognition through awards, underscoring our commitment to excellence in the industry.
The facility can accommodate 800 guests at a time.
Property is well-equipped with all the amenities.
The facility is located in the city in a prime location.
Business does not require more manpower as we share human resources with other facilities.
Products & Services Overview
Our top-selling products and services in the business include our luxury wedding packages and corporate meeting packages. Many newlyweds opt for our luxury wedding packages because they provide a one-stop solution, encompassing venue rental, catering, decorations, and more, making it easy for them to plan and host their dream weddings. On the other hand, corporate clients frequently utilize our corporate meeting packages because our banquet hall is well-equipped and can accommodate various meeting sizes. They book meeting spaces and enjoy our catering services, providing a convenient and professional venue for company meetings and training sessions.
Assets Overview
The buyer will receive the following tangible assets:
The banquet hall building.
Physical facilities within the banquet hall, including event halls, stages, seating arrangements, and decorations.
Banquet hall equipment, including furniture, fixtures, and equipment used for events, such as seating, tablecloths, kitchen equipment, and outdoor event equipment.
Inventory of banquet hall supplies and materials.
Facilities Overview
Our facility is a single-story building with a spacious interior. It provides ample space for various events and gatherings. Rental property in the Klang central area. More details can be provided upon inquiry.
Capitalization Overview
At present, our company is funded solely through equity investments, and we do not have any outstanding debts or loans. Our company is privately owned, and there are 2 shareholders/owners.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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