Banquet Hall Seeking Loan in New Delhi, India

- Wedding organizing business based in Delhi NCR.

- We have been operating for 8 years but the business was registered only last year.

- This is a seasonal business where we do INR 75 lakh in annual sales.

- We used to hire venues for the weddings we organize, but now we have taken our own venue on a long-term lease.

- We have entirely developed our new venue and it has a spacious lawn for gatherings of up to 1,000 persons.

We organize end-to-end weddings in Delhi NCR and this is our top sought service.

2.5 acres of long-term leased land. The fixtures, furniture, and equipment on this land have been installed by us the total capex was INR 70 lakh.

Our corporate office is owned in the South Delhi locality of Chattarpur in New Delhi.

Our wedding venue is spread over 2.5 acres and it is located in Surajkund. We have the land on a 9-year lease.

The venue has:

- A spacious lawn for gatherings of up to 1,000 persons.

- Spacious dining banquet area too.

- Mudhouse theme bridal rooms.

- Reserved space for parking for up to 200 vehicles at a time.

- Beautiful decor setups in Western/European patterns.

- Located on Surajkund Road in Faridabad.

- The business has no bank loans.

- The business was initially funded by the proprietor and then it has been self-funded.