Hotel & Banquet Business Seeking Investment In Kanpur

Listing ID: SL030582
Posted By: Owner
Last Active: 5 hours ago
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About Business

They run a hotel with banquet facilities on the adjoining premises. So guests can stay overnight, and families or companies can host events there too. It's a smart setup because it keeps people coming year-round — weddings bring guests, corporate events fill rooms, that kind of thing.

Hotel Side
Currently operating 11 rooms total. Four are standard, seven are deluxe. They're hitting around 65% occupancy, which comes from a mix of regular guests, people staying for events, and local travel. Not bad for where they are.

Banquet Halls
Two separate halls, each about 3,200 sq. ft. They use them for weddings, birthday parties, family functions, corporate events — basically anything that needs space. Right now they're running at about 50% capacity for these bookings.

Why This Works
The real advantage is having everything in one place. Someone books a wedding? Their guests need rooms. A company hosts a retreat? Attendees stay over. It drives repeat business and creates natural demand. The hotel bookings and event revenue feed each other, which helps stabilize cash flow.

Clientele type

The business mainly caters to wedding parties, families, event organizers, corporate groups, travelers, and guests looking for hotel stay and banquet facilities.

Premises

The banquet hall covers approximately 3,200 sq. ft., while the hotel property is spread across around 2,400 sq. ft. Both the hotel and banquet facilities are located on adjoining premises. Premies are owned one.

Asking Price Includes

The investment terms can be discussed and finalized with the potential investor.

Asking Price

INR 1.00 Cr

Minimum ticket size

INR 50.00 L

Reason

The founder is seeking investment support for working capital requirements and renovation work planned for the hotel and banquet facilities.

Business Tags

Hotel & Banquet Business Seeking Investment In Kanpur

Fundraising for ₹10 Cr – 500 Cr

Confidential Process Completed in 120 Days

Strategic Preparation, Aligned Investor Outreach and Seamless Closure

Supported by Advisors with 26+ Years of Experience

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