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Newly Established Banquet Hall Investment Opportunity in Lucknow, India

Opportunity to invest in a nonoperational wedding destination banquet hall in Lucknow.

Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Banquet Halls
Locations  Lucknow
Local Time 3:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
INR 20 lakh for 30.0% stake (Native Currency: INR 2,000,000)
Reason: We need this fund to renovate an existing structure and convert it into a marriage convention hall. ... View More
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Business Overview
- We want to build a pristine banquet hall, with all the amenities, and provide a destination wedding.
- Location: the business is located in Lucknow, a city with a growing demand for upscale wedding venues.
- Unique selling proposition: our business aims to provide a destination wedding experience by offering a pristine banquet hall with all the necessary amenities.
- Services: the business will offer rental services for weddings and other special events, providing a lucrative income stream.
- Growth potential: with the increasing demand for destination weddings and upscale event venues, there is significant growth potential for the business.
- Expansion plans: the business is in the process of developing a marriage lawn alongside the banquet hall to cater to a wider range of events and clients.
- Timeline: upon receiving the necessary funding, the business anticipates being able to start operations within a month, leveraging the existing structure for renovations and set-up.
- Legal and regulatory compliance: the business is committed to obtaining all necessary registrations and licenses to operate in accordance with local regulations after receiving the funding for the project.
Products & Services Overview
We are in the process of making a marriage lawn and banquet hall at our premises.
We will be renting the premises for weddings.
Assets Overview
Tangible asset: 90,000 sq ft of land.
This asset is not available in this transaction.
Facilities Overview
We own 90,000 sq ft of land, where we have set up a manufacturing plant and ample space to start a marriage convention hall and a destination wedding location in a 4,500 sq ft area. The property is located on Chinhat Deva Road, Lucknow.
Capitalization Overview
No loans and the business will be registered after negotiations with the investor.
Recent Activity
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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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