A Wedding And Events Hall
The Wedding and Events Hall project is a very profitable project. The aim of the project is to create a banquet hall for all occasions such as graduation parties, success parties, birthdays, weddings and many occasions that are difficult to set up at home. Where renting the hall is suitable for a large segment of society with a combination of luxury and thus be the ideal choice for the community to set up their own special occasions away from home. It also consists of shop for selling flowers, sweets and gifts. The project consists of a large hall for events and a waiting room in addition to an administrative office and a kitchen next to the hall. The shop can be used as a cafeteria to provide all the drinks to the hall attendants, which will provide a return to the owner of the project or lease it and will provide a stable return.
Internal Rate of Rate in Capital Budgeting Measures the Profitability of Potential Investment, it is a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.
Payback period shows how long it takes for the return of investment, it does not show what the return on investment is.
|Total Capital of the Project||:||100,000 OMR|
|Internal Rate of Return||:||34 %|
|Payback Period||:||2 years 7months|
Financial Indicators can fluctuate according to total invested capital of the Project, This Project can be established with different Total Capital depending on size of Project.
• Hall rental services for events