Event Management Business Seeking Loan in Mumbai, India

- The company boasts two banquet halls and three lawns in Vasai, providing ample space for events and gatherings.

- The AC banquet hall spans 3,600 sq. feet and can accommodate up to 300 guests, while the larger building covers 16,000 sq. feet with a capacity of 2000 guests.

- Three distinct lawns complement the banquet halls.

- Situated within a 5-acre vicinity, the company also provides stays featuring 16 executive rooms, accommodating up to 100 guests for overnight stays.

- We currently require funds for the construction of a new venue adjacent to our ongoing operations with 45 sets across 3 acres of land, designed for pre-wedding/event photoshoots, music videos, advertisements, movies, and web series.

- It will have 120 rooms, swimming pool, lawn, and banquet hall facilities.

- Expansion plans include acquiring additional land, with 13 acres earmarked for future development, split into 3 acres for shoots and 10 acres designated as a destination venue.

- The company has secured necessary licenses and compliances including GST and MSME, ensuring regulatory adherence for operations.

- Business is headquartered in Mumbai, the CA of the company handles the management remotely from Qatar.

Company offering wedding venues, stays and event venues.

Catering to a wide range of clients across India.

Assets include:

Vehicles, furniture, fixtures and fixtures.

Office measures a total sq ft area of 1,500 and is located in Vasai, Mumbai.

The 13 acre plot is leased and 15 years are remaining on the long term lease.

The total rent paid for all facilities combined is 4 lakhs/month.

There are 2 partners for the entity.

No loans or debts.