Wedding and event halls

Study request

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Capital

rate of return

Recovery period Third year

Project Description

Project Description

It is a hall for weddings and various occasions, as the hall is used for various purposes such as weddings, conferences, courses, training workshops, events, and official and private meetings. The idea of ​​establishing the hall came from the desire to meet the needs of the community, especially with the growth and increase of various community events. Its design took into account spaciousness, spaciousness, diverse facilities, and the completion of the necessary service elements to hold various community events, such as weddings, seminars, lectures, workshops, or official celebrations, providing its services to various segments of society with ease and convenience. The architectural design mixed with colors that suit various events was taken into account. The hall was also equipped with all the necessary technical and artistic supplies and requirements for various occasions, as well as the availability of suitable and sufficient parking spaces. The hall contains reception and waiting rooms for important invitees. In addition to a large hall that can accommodate a large number of people, rooms designated for dining, a room for preparing the bride, another for artistic and technical aspects, a DJ, and the rest of the necessary and essential facilities.

Project services

Project services

  • Hall for weddings and events.
  • Conferences and courses.
  • Training workshops and events.
  • Formal and private meetings.
Why Mashroo3k ?

Why Mashroo3k ?

  • Mashroo3k has over 10 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
  • Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
    Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
  • Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
  • The company’s geographic reach spans 35 countries across all continents.
  • Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
  • Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
  • Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
  • With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.
  • Project Features
  • Study Contents
  • Sector Indicator
  • The project as an investment opportunity
مؤشرات القطاع
  • All staff are highly experienced and distinguished for their hospitality.
  • Increase the quality of service to the customer through the transfer of ideas and experiences
  • The price advantage that distinguishes the project from competitors
  • Comfortable seating for guests
  • The canopies are distinctive and according to the customers’ choice.
  • A beautiful, quiet and spacious place for all occasions, arranged in a modern and elegant style.
  • Great decorations in the hall
  • This hall employs the best interior designers to develop the hall’s appearance according to the request of the owners of the event itself.
  • Technicians and administrators have one goal, which is to serve the customer at the highest possible level.

Executive Summary

  • About the project
  • Financial Indicators
  • Rationale for the project
  • Government investment incentives in the project field
  • Target Markets
  • Project indicators and final results

Study of project services/products

  • Project description and all its products/services.
  • Project advantages and production requirements.

Market size study.

  • Understanding distribution channels.
  • Consumer behavior, preferences, and tendencies.
  • Competitors’ products or services, along with their strengths and weaknesses.
  • Market nature and its characteristics.
  • The demand size for the offered product or service.
  • The available share of the target market.
  • The optimal marketing strategy.

Risk assessment study.

  • Risk identification.
  • The impact of risks on the project.
  • Risk prevention methods.

Technical study

  • A detailed description of the project’s products, expected production capacity, and determination of investment costs.
  • Determining the required electricity and water capacity.
  • Determining the project’s labor requirements.
  • Determining the project’s requirements.
  • Calculating construction and building costs.
  • Calculating the total capital
  • Determining the annual operating costs.
  • Determining the amount of working capital.

Financial study.

  • Total investment costs required for the project.
  • Organizing cash flow statements, income statements, and the balance sheet for the first ten years of operation.
  • Determine the expected annual revenues of the project in light of the specified operational capacities
  • The optimal financing structure for the project in light of investors’ capabilities and financing conditions.
  • The project’s financial indicators and sensitivity analysis.

Organizational and administrative study.

  • Project workforce.
  • Organizational structure.
  • Job responsibilities.
المشروع كفرصة استثمارية
  • The service sector does not rely on raw materials or goods for sale; rather, its activities are centered around providing intangible services. Like this: Transportation services, hospitality services, healthcare services, and others. This sector is considered the main driver of major economies; for example, in the United States, the service sector accounts for 85% of the GDP. As for the service sector in Saudi Arabia, statistics and indicators confirm its contribution of about 48.02% to the GDP. This vital sector includes five main activities.
    Namely:

    • Wholesale and retail trade, restaurants, and hotels:

    The Gross Domestic Product (GDP) in Saudi Arabia reached 2,625,442 million SAR, with the “Wholesale and retail trade, restaurants, and hotels” sector contributing approximately 10.8% (284,579 million SAR).

    • Transport, storage, and communications services:

    Contributes approximately 6.6% (172,304 million SAR).

    • Financial, Insurance, Real Estate, and Business Services:

    The Financial, Insurance, Real Estate, and Business Services sector contributes approximately 6.4% (SAR 377,725 million) to the Gross Domestic Product (GDP).

    • Collective, social and personal services:

    This sector contributes approximately 2.5% (SAR 65,729 million) to the Gross Domestic Product (GDP).

    • Government services:

    It contributes 21.9% (SAR 576,089 million) to the Gross Domestic Product (GDP).

    .
مؤشرات المشروع
  • The service sector is expected to contribute approximately 58% to Saudi Arabia’s GDP by 2026.


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Capital (in millions)


rate of return