Newly Established Banquet Hall Investment Opportunity in Chennai, India
Banquet hall and lawn for events, receiving 8 bookings per month.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 90 thousand |
| EBITDA Margin | 30 % |
| Industries | Banquet Halls + 1 more |
| Locations | Chennai |
| Local Time | 5:47 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
90 thousand
for
50.0%
stake
(Native Currency: INR 7,500,000)
Reason: For working capital requirements.
Includes physical assets worth
USD
12 thousand
Documents
Business Overview
- A banquet hall for hosting events, based in Chennai, that started operations in 2019.
- The entire land is 29,000 Sq. Ft. having an air conditioned banquet hall of 8,000 Sq. Ft.
- The land is leased.
- Can accommodate up to 700 guests.
- Receive an average of 8 bookings per month.
- We have partnered with a catering company and provide catering services for additional charges.
- Physical assets include set up and equipment.
Products & Services Overview
Banquet hall and lawn for hosting Weddings, Betrothal, Anniversaries, Birthday Celebrations, Family Get-togethers, Corporate Events.
Facilities Overview
Total area is 29,000 Sq. Ft. with an the banquet hall having an area of 8,000 Sq. Ft. It is a leased property.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder & Director, Real Estate & Hospitality, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Ecommerce Website, Chennai, Individual Investor / Buyer connected with the Business
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