Listing Details : LB-15758

Asking Price 10 Crs
Turnover 3 Crs
Legal Entity Proprietorship
Category Restaurants & Cafes
Sub Category Restaurants
Business Listed By Business Owner

Overview

A well-established banqueting and restaurant business in Ahmedabad, Gujarat, is now available for sale. This venture includes a spacious banquet hall with a capacity to accommodate up to 500 people, spanning an area of 10,000 sq. ft., and an owned rooftop restaurant covering 7,200 sq. ft. The restaurant, offering a pure vegetarian and multi-cuisine menu, features a seating capacity for 50 guests and consistently generates monthly sales of ₹10-12 lakhs. The banquet hall, a popular choice for events and gatherings, brings in impressive monthly sales of ₹22-24 lakhs. Both the banquet and restaurant properties are owned, adding significant value to this offering. The business has demonstrated robust performance and provides a promising opportunity for expansion into a nationwide chain. With the right vision, this venture holds immense potential for growth in India's thriving hospitality industry. This is an excellent investment for entrepreneurs seeking a strong foothold in the F&B and events space.

Year of Establishment

N.A

No. of Employees

6

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Owned

Property Value

10 Crs

Property Classification

Commercial

Describe Property

Banquet hall and restaurant with total Area of 17,200 sq ft

Competition / Market

N.A

Products & Services

Banqueting and Restaurant services

Growth Potential

Very high growth one can open the chain for banquetings and restaurants with proper marketing strategy

Reason For Sale

Shifting to abroad

Financial Details

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