Running Banquet Hall Available For Partnership In Kalyan

Listing ID: SL023251
Posted By: Owner
Last Active: 2+ months ago
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About Business

It is a running AC banquet hall with 13 rooms, and the rooms have been leased for a period of 10 years.

Clientele type

The hall has a capacity of 1000. It is suitable for marriages, birthday parties, retirement parties, and other religious and personal functions.

Premises

It is a 20,000 sq ft. property leased from the government for 29 years.

Asking Price Includes

The asking price includes 50% ownership in the business.

Reason

The sleeping partner is looking to sell their stake in the business as they want to invest in a different opportunity.

More Details

They acquired the lease for the building in October '23 and received the permission for further construction in March'24. Post construction, the hall was operational in March'25.

It is an LLP company with two partners, one active and a sleeping partner. The sleeping partner is looking to sell their stake in the business.

The active partner has three other banquet halls that they operate.

Business Tags

Running Banquet Hall Available For Partnership In Kalyan

₹10 to ₹200 Cr

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