Well Established Restaurant With Banquet Hall For Sale
Email
Phone
Google
LinkedIn
Facebook
Product / Service
Bakery, Dairy, Banquet Hall, Sweets and Restaurant.
Clientele type
We have a huge client database, most of them are walk-in clients.
Premises
OWNED
Premise Size: 7130 sq.ft.
Market Value (in INR): 7,000,000
We have our own premises.
There are 4 floors in the premises.
Asking Price Includes
Asking price includes land, equipment and running business.
Reason
Earlier we were 4 partners and due to the conflicts we had breached the deed and gave them their share and now we are in need of funds.
Other Details
At present we are running sweets, bakery and dairy shop.
Majority of our workers are working here for 12-13 years and most of them live out of Patiala.
We provide free accommodations in our building for the staff members.
We have divided the staff into 3-4 categories in the field of sweets, bakery and dairy management.
Our building's prominent strength is our banquet hall which has the capacity of more than 300 persons.
This building has the best location on road. Moreover, the road is experiencing an exponential development due to the construction of various brand franchises and there is a great hope that the rates of the building will rise in the future.
We are also receiving rent from Jio tower (INR 35,000/Month) and SBI ATM (INR 6,600/Month).
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?
