Well Established Restaurant With Banquet Hall For Sale

Listing ID: SL010059
Posted By: Owner
Last Active: 1+ year ago
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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).

Keywords

Business Tags

Area size Good customer base Good Location Profitable

₹10 to ₹200 Cr

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