Fully Equipped Banquet Hall for Sale in Bangalore
About Business
A fully furnished and operational banquet facility located in a prime area near Bangalore airport, spread across 6000 sq. ft., including rooftop and two floors. The space is aesthetically designed with banquet chairs, elegant interiors, and an event-ready ambiance. It caters primarily to social events, parties, and corporate functions. The infrastructure supports seamless hosting with high capacity and accessibility, offering strong potential for business growth under the right management.
Clientele type
Individual and corporate clients for events, celebrations, and functions.
Premises
LEASED
Lease per month (in INR): 2.15 L
Security Deposit (in INR): 15.00 L
Carpet Area: 6,000 sq ft
Rooftop plus two-floor layout, capacity approx. 300 guests per floor, located in a well-connected area near Bangalore Airport.
Asking Price Includes
6000 sq. ft. furnished banquet facility
Banquet chairs, lighting, interiors
10-year transferable lease
Reason
The current owner, a well-established catering provider, is experiencing high off-site catering demand and is unable to focus on managing the banquet facility. Therefore, they seek a buyer to take over this fully set up and operational space.
More Details
Managed by a lean team of 6 professionals; currently run by an experienced team from the event and catering industry.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?