HospitalityEstablished in 2005, this event venue business has built a loyal customer base in the Syracuse area. Revenue is diversified across residential and commercial accounts, with no single customer representing a significant concentration. Demand is driven by non-discretionary need, making the business resilient in a range of economic conditions. A capable manager runs daily operations, and the staff is expected to remain in place through a transition. The current owner works a normal full-time schedule and focuses on quoting, scheduling, and customer relationships. Most new business arrives through referrals and repeat customers, so paid acquisition remains an untapped lever. Under the same ownership since 2005, the company has weathered multiple economic cycles while maintaining profitability. Serious inquiries only; a signed NDA and proof of funds are required for detailed financials.
Partners are divesting to focus on other holdings.
Comprehensive 3-week transition included; seller open to a longer consulting arrangement.
The business occupies a 8,210 sq ft commercial space; the space is well-maintained and fully equipped.
Competition exists from regional operators, but the company's reputation and tenure provide a durable advantage.
Expansion potential through a second location, added staff, and deeper penetration of nearby markets.
Modeling Established Event & Wedding Venue Netting $119K · $364K
Asking price is $364K. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
Open the full Deal AnalyzerSyracuse, NY · Source: AI estimate (Claude) · general knowledge.
AI-estimated comparable ranges from general market knowledge · as of 2026-08-04 · AI estimate (Claude) · general market knowledge. Reference only, not verified market data or a valuation.
The documents below open to qualified buyers in the secure data room after a signed NDA.
Rough AI estimate for small hospitality businesses in the Syracuse area, based on general market knowledge and not verified against live listings; ranges are wide because hospitality covers varied models (restaurants, small inns, cafes) with different margins.
Figures are provided by the seller. The platform does not verify or value the business. The implied multiple is simply asking price ÷ cash flow (SDE). Not financial advice; verify independently before any offer.
Hospitality