Profitable Convention Center Seeking Loan in Chennai, India
Chennai based Party Hall seeks funding for construction.
This transaction has concluded.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 12 thousand |
| Run Rate Sales | USD 30 thousand |
| EBITDA Margin | 50 % |
| Industries | Banquet Halls |
| Locations | Chennai |
| Local Time | 2:18 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
36 thousand
for
20.0%
annual interest,
5
years
(Native Currency: INR 3,000,000)
Reason: Funds for interiors and for completing the construction.
Collateral Available: USD 120 thousand
Includes physical assets worth
USD
600 thousand
Business Overview
- We have Weddings, Birthday parties, corporate parties and other get togethers.
- We have A / c facility, Gen-set, Lift and Car parking facilities.
- The capacity of the party hall is around 500 to 700 people.
- The hall is booked for more than 150 days in a year.
- We charge around Rs. 50,000 per day.
- We have been in this industry for the last 10 yrs.
Products & Services Overview
Furnishing, Interior.
Facilities Overview
4,800 sq ft in own land and Building in main place.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysSenior Manager / AVP, E-Commerce, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProject Lead, IT, Chennai, Individual Investor / Buyer connected with the Business
Tags:
Profitable Convention Center Seeking Loan in Chennai, India
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