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.
Owned Hotels & Resorts Banqueting
Business Details
2015
Year of Establishment
0
No. of Employees
Running Profitable
Current Status of Business
NoBusiness Relocatable
OwnedProperty Type
N.A Property Value
N.A Property Classification
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
EBITDA :-
N.A
PAT :-
N.A
Debt :-
N.A
How the Acquisition Process Works
- 01Contact SellerContact Seller
- 02Teaser/Information MemorandumTeaser/Information Memorandum
- 03Valuation ReportValuation Report
- 04FinancialsFinancials
- 05Schedule an Advisory MeetingBook Your Consultation