Garden City, NY · Banquet / Events

Banquet Hall & Event Venue, Long Island

A 200-cover banquet hall with a four-year forward booking pipeline. Manual operations, no AI tooling, but the booking calendar prices into the deal cleanly.

Empty banquet hall set up for evening service.

Overview

A 200-cover banquet hall in Long Island operating since 1993. Manual operations, no AI tooling, but a four-year forward booking calendar that prices cleanly into any acquisition model.

Why this is interesting

  • Forward-booked revenue gives any buyer immediate visibility through 2030
  • 12 years remaining on a long-term lease at a below-market rate
  • Operator is willing to consult for 12 months post-close to ensure the transition

What’s not interesting

There’s room here for AI tooling — banquet prep, BEO parsing, dynamic per-event pricing. A buyer who is willing to deploy that in year one will see meaningful margin uplift. The current operator is candid that they have not.

Numbers

  • 2025 revenue: $2.2M
  • 2025 EBITDA: $380k
  • Forward bookings (2026–2029): $5.6M committed
  • Lease term remaining: 12 years