Overview
An opportunity to acquire a well established and profitable banquet, events and hospitality business operating in Gurgaon for over 18 years, with strong brand recall and a proven track record. The business caters to weddings, social celebrations, corporate events, conferences and institutional functions. It operates multiple event spaces comprising approximately 60,000+ sq. ft. of built up area and 35,000+ sq. ft. of covered operational area, supported by integrated kitchens, event infrastructure and an experienced team. The venues cater to everything from intimate gatherings to large events of approximately 600 guests. The business generates approximately ₹10 to ₹11 crore in annual turnover with margins of approximately 20%, supported by established operations, repeat and referral clientele and a strong market presence Significant growth potential exists by leveraging the established brand, operational expertise and proven business model to expand into new locations across Gurgaon, Delhi NCR and other cities, creating a scalable multi location hospitality platform. Additional opportunities include outdoor catering, institutional events and strategic partnerships within the wedding and events industry.
Business Details
Describe Property
N.A
Competition / Market
Fragmented market with strong demand and significant growth potential.
Products & Services
Banquet and event venue services, wedding and reception hosting, engagement and social functions, corporate events and conferences, institutional events, food and beverage services, in house catering, event planning and execution, hospitality services, décor and event coordination, and large format event management. The business caters to both B2C and corporate clientele, with venues suitable for intimate gatherings as well as large events
Growth Potential
Strong potential to scale into a multi-location hospitality and events platform by leveraging established brand equity, proven operations and market presence. Growth can be driven through new venues across Delhi NCR and other cities, alongside expansion into outdoor catering, corporate and institutional events, and strategic partnerships within the wedding ecosystem
Reason For Sale
The proposed transaction is a 100% stake sale, with the promoters looking to focus on their other core business interests
Financial Details
How the Acquisition Process Works
- 01Share Your RequirementsDefine your acquisition goals and preferences.
- 02Explore OpportunitiesReview curated businesses matching your criteria.
- 03Evaluate & ValueAnalyse financials, potential, and valuation.
- 04Due DiligenceVerify business, legal, and financial aspects.
- 05Complete AcquisitionNegotiate, close, and take ownership.