Established Bronx Event Space | 40+ Years | $660K Gross

Financial summary

Asking Price

$250K

Cash Flow (SDE)

$152K

Gross Revenue

$646K

SDE Multiple

1.6x

Detailed information

Industry

Entertainment & Events

Source

eastcoast

First indexed

Jun 13, 2026

Data quality

Excellent (85/100)

low multiple and priced below 1.5x revenue.

Key points

• •Event venue in Bronx operating 40+ years hosting weddings, corporate events, communions, and private celebrations.
• •$660,000 annual gross revenue with repeat clientele and referral-based business model.
• •4,500 sq ft fully equipped facility ready for immediate operation.
• •Current owner seeking to transition and step back from day-to-day operations.
• •Asking price $250,000; listing emphasizes rarity of established venue at this valuation.

Business description

Established Event Venue | 40+ Years in Business | Bronx, NY Exceptional opportunity to acquire a long-established event venue with over 40 years of operating history and a strong reputation within the local community. This well-known venue hosts a wide variety of events including weddings, birthdays, baby showers, communions, anniversaries, corporate functions, and private celebrations. The business benefits from repeat clientele, referrals, and decades of brand recognition, making it a staple in the market. The facility consists of approximately 4,500 square feet and is fully equipped to continue operations immediately. Ownership has built a loyal customer base and proven operating model that generates consistent annual revenue. Business Highlights Over 40 years of operating history Approximately $660,000 annual gross revenue Established community presence Strong repeat and referral business Approximately 4,500 SF facility Turnkey operation Fully equipped event venue Weddings, birthdays, communions, baby showers, corporate events, and private functions Longstanding reputation and local recognition Significant growth opportunities Growth Opportunities Expand marketing and social media presence Increase corporate event bookings Add specialty event packages Expand catering and vendor partnerships Increase utilization of weekday events Develop additional private event offerings Ownership Transition Current ownership is seeking to step back from day-to-day operations and spend more time with family, creating an excellent opportunity for a new owner to build upon a successful foundation. Asking Price $250,000 Businesses with this level of history, recognition, and community presence rarely come to market at this price point. Serious inquiries only. NDA, proof of funds, and buyer qualification required prior to receiving confidential information.

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