1. Businesses
  2. Healthcare & Pharmaceuticals
  3. Tamil Nadu
  4. Chennai
  5. SL005220
Edit Alert

Hospitality Business for Sale

Listing ID: SL005220
Posted By: Owner
Last Active: 1+ year ago
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About Business

The company was started in April 2018 based at Chennai. It has office of area 300 sq.ft. with monthly rent of INR 10,000. They have paid security deposit of INR 50,000. The company has website where Party Hall, Banquets, Marriage Hall, are registered members are their clients. Through the App, user can book Halls depending upon their availability. Currently the company earns revenue from Party Hall/Banquets/Marriage Hall owners as Registration fees on their website. They have over 200 clients. Presently they are only covering Tamil Nadu state. The company has total 5 employees. The Business has good growth potential. The owner has health issues so would like to sell his business.
The turnover from April 2018 till Sep 2018 is INR 10 lakhs. The asking price is INR 10 lakhs.

Reason

Health Issues

Keywords

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Business Tags

Hospitality hospitality industry hospitality services Party

₹10 to ₹200 Cr

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Before buying a Hospitality Business for Sale, check:
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  • 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 a second-line of management?
  • Are you going to run the business on a 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?

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