Listing Details : LB-7857

Asking Price 20 Crs
Turnover N.A
Legal Entity Partnership-LLP
Category Hotels & Resorts
Sub Category Banqueting
Business Listed By Business Owner

Overview

An 8-year-old Complex Including Banquet Hall and Cold storage is available for takeover in Patiala. The Total land area of the place is 4 acres. The built-up Area of Cold Storage is 30,000 sq ft in total. There are 3 chambers in the cold store which are rented to a well-reputed FMCG company. The Built-up Area of the Marriage Palace is 35,000 sq ft. It has two banquet halls of 1000 pax+ capacity together for managing two functions at one-time entry & kitchens for each hall are separate. The banquet has a cooling facility of A.C. which is 200 tons. There is a huge open garden for carrying out the function of the capacity of 1000 people for which it has a separate kitchen. There are 4 rooms and 2 offices as well on the premises. Both the Marriage Palace and the cold storage are leased out and receives the rent of 10 lakhs per month.

Year of Establishment

2015

No. of Employees

0

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

The area covered by the Complex is 4 acres in Total. The built-up Area of Cold Storage is 30,000 sq ft and the Built-up Area of the Marriage Palace is 35,000 sq ft. It has two banquet halls for managing two functions at one-time entry & kitchens for each hall separately. The banquet has a cooling facility of A.C. which is 200 tons.

Competition / Market

Other Banquet Halls in the region

Products & Services

Rented Cold Storage and Banquet Hall.

Growth Potential

Expansion and Quality assurance can help in growth Potential

Reason For Sale

Personal and financial

Financial Details

BusinessDeals Logo

Business Deals
Typically replies within an hour

Hi there 👋

How can I help you?
1:40
919811568568
x
Chat with Us
Contact Business