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Newly Established Banquet Hall Seeking Loan in Bangalore, India

Real estate company seeking funding for a wedding venue with A-frame cottages and microbrewery project.

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
Locations  Bangalore
Local Time 9:24 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 3.5 million for 10.0% annual interest, 5 years (Native Currency: INR 300,000,000)
Reason: Seeking funding for execution of the banquet hall with resort project. We can start the loan repaym... View More
Collateral Available: USD 0
Includes physical assets worth USD 9.4 million
Interested to connect with advisors
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Business Name
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Business Overview
- Based in Bangalore, the business specializes in innovative real estate development projects.
- Seeking investment for a cutting-edge project integrating diverse facilities: wedding venues, accommodation homes of 40 A-frame cottages, and a microbrewery.
- Microbrewery planned to produce approximately 1,000 liters of craft beer daily, catering to both venue guests and retail channels.
- Currently in the design phase, with strategic partnerships to be formed with subcontractors for construction and landscaping.
- Construction timeline estimated at 6 months post-design finalization, showcasing a rapid development cycle.
- The business will generate revenue through renting the banquet hall, homes and sale of liquor.
Products & Services Overview
Products and services:
- Wedding and event venues: The banquet halls will provide a premium venue for weddings, corporate events, and parties.
- Boarding & lodging: The project will include 40 A-frame cottages that serve as accommodation for wedding guests, tourists, and other visitors, offering a rustic yet luxurious experience. The boarding and lodging facilities will cater to couples, families, and groups seeking unique stays, especially during large events.
- Microbrewery with craft beer: The microbrewery will produce 1,000 liters of craft beer daily, offering 4 distinct types of beer: pale ales, stouts, lagers, and IPAs.
- Indian & foreign liquor: The venue will serve a wide selection of Indian and imported liquors, including premium whiskey, rum, vodka, and gin.
- Multi cuisine food: A multi-cuisine menu will be available at the venue, featuring both Indian and international dishes.
Target clients:
- Wedding parties and guests.
- Corporate clients.
- Tourists.
Assets Overview
Physical assets include the land owned for the project.
Facilities Overview
Own land of 8 acres in Bangalore, out of which 4 acres will be dedicated to wedding venues, 2.5 acres for the accommodation homes with 40 cottages, and 1.5 acres for the microbrewery.
Capitalization Overview
Self-funded.
No outstanding loans.
The land is owned by the company.
Recent Activity
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1 Investor 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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