Banquet Halls for Sale and Investment Opportunities in India

- Newly developed banquet hall with a restaurant that is ready for inauguration. - We purchased this property 1 year back and renovated it but now selling it before starting the operations. - Facility has a fully air-conditioned restaurant with a seating capacity of 24-30 pax and a fully air-conditioned banquet hall with a capacity of 300-400 pax. - We also have a staff room, kitchen, two deep freezers, one standing refrigerator, inverter supply for backup. - Business could easily generate INR 1 cr revenue per annum.

- Our business is a fine dining family restaurant and a banquet hall. - We serve Indian, South Indian, Chinese, and continental dishes. - Our restaurant has a seating capacity of 55 pax and the banquet hall can accommodate 250 people. - On average, we receive 250 orders per day for the restaurant and receive 10 bookings per month for our banquet hall for hosting birthday parties, events, and marriage functions. - Currently, we are generating INR 12 lakh per month from our restaurant and INR 10 lakh per month from our banquet services. - The business was shut last year for 3 months but this year we have been operational throughout hence have higher sales. - Business has an outstanding loan of INR 50 lakhs and is run by 2 directors.

The first convention center went live earlier in 2015 in Bhubaneshwar. The plan is to set up 14 more venues around cities of Odisha rapidly to cater to a burgeoning middle class seeking classy venues for various functions which don't have to cost the earth and are easy to manage large venues. It spares customers, the burden of booking city hotels which are congested, expensive and hugely monotonous. Our locations are such that they are easy to locate, has amazing parking facilities, can be customized to client requirements and is very flexible in terms of pricing. These convention center are modern, upmarket and are available at affordable prices. A huge investment effort is being made to create banqueting facilities and cafes along with diverse cuisine presentations to ensure greater depth and variety. Management team of IIM graduates from IIMC and IIML with a sales team and an admin complement. Currently the company is setting up its inhouse kitchen and cafe team.

- Hotel and a wedding hall located in Ludhiana, Punjab. This is strategically located on 6 Lane National Highway, giving easy access to the customers. - The whole area is of 4,420 Sq Yards of which the hotel is on an area of 450 Sq yards and the wedding hall is in an area of 700 Sq Yards. - Remaining is an open area and the buyer can customize, although half of the front is best suited for a showrooms. - Hotel has 12 rooms, kitchen and a restaurant. - The buyer can also customize the hotel or keep it as it is, as per requirement. - We are listed on booking. com and also take bookings via our own website. - The hotel is being run by a third party who has leased the hotel building from us. - The wedding hall can accommodate up to 400 guests for a function and also has an outdoor stage and a separate kitchen area for catering in the lawn area.