A Restaurant / Banquet Facility Available for Sale.

Hoshiarpur, Punjab, India

Restaurants & Cafes

Asking Price
90 Lacs

Category
Restaurants & Cafes

Turnover
1.5 Crs

Sub Category
Restaurants

Legal Entity
Proprietorship

Business Listed By
Business Owner

A Restaurant / Banquet hall is available for sale in Hoshiarpur which started its operations in 2013 on an owned land area of 150 sq./mt. It is a triple-story building. It has 2 banquet halls in it with sizes of 1500 sq/ft and 1200 sq/ft. These are used for organizing Engagement functions, birthday party functions, kitty parties, etc, and are usually booked 3 to 4 days a week. The sitting capacity of the hall is 100 to 150. They serve veg and non-veg food ( North Indian, South Indian, Chinese food )to the guests. The Daily earnings of the Restaurant / Banquet hall are in between 20k to 40k The occupancy of the restaurant on average is 40 % to 60% on weekdays, and on weekends it is extended up to 90%.

Year of Establishment

2013

No. of Employees

12

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Owned

Property Value

2 Crs

Property Classification

N.A

Describe Property

The Restaurant / Banquet hall started its functions in 2013 on owned land area of 1300 sq./mt included in sale.

Competition / Market

it Has Few competitiors.

Products & Services

They serve veg and non -veg food ( North Indian, South Indian ,Chinese food )to the clients

Growth Potential

has a growth potential

Financial Details

EBITDA N.A

PAT N.A

Debt N.A

Reason For Sale

moving out of country

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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