Real Estate Only
Eastpointe, MI
Freestanding banquet hall/event center available for sale/for lease. No liquor license included in the sale. Approximately 450-person capacity with flexible configuration for one (1) large event space...
Banquet Halls For Sale
Industry Info
Eastpointe - Freestanding Banquet Hall/Event Center
Wedding & Event Venue in Montgomery, Texas
Real Estate Only
Montgomery, TX
Discover endless possibilities with this one-of-a-kind custom-built barndominium situated on approximately 2.53 unrestricted acres. Featuring 2 bedrooms, 3 bathrooms, modern finishes, and an...
6
Turnkey Multi-Use Commercial Property with Large Commercial Kitchen on
Real Estate Only
Galesburg, IL
Versatile Commercial Property for Sale in Galesburg, Illinois This exceptional 12,000 square foot commercial property offers tremendous flexibility and potential in the heart of Galesburg, Knox...
6
Indoor Soccer Facility For Sale with 14 year Track record of Success
Real Estate Only
Saint Gabriel, LA
Premier Soccer Center features 42 mens teams that play year round in 5 different divisions . Also Has different events inside the arena through out the year like Baseball and football practices and...
3
Turnkey Gathering & Event Facility on 3.58 Acres
Real Estate Only
Crivitz, WI
The Woods is an intentionally-built gathering space offering exceptional flexibility for its next owner. Formerly operated as a full-service restaurant and event center, the facility was open seven...
3
Award-Winning Outdoor Entertainment & Event Production Company
Roanoke, VA
Historic Maryland Wedding Venue & Inn — Real Estate + Business
REAL ESTATE INCLUDED
Maryland
Franchise Children's Party & Event Center
Oakland County, MI
ID #1782 - Prime Mixed-Use Commercial Complex in Northern NJ
New Jersey
Very Well-Known Albany NY Restaurant & Banquet Hall W / Property -
New York, NY
Thriving Restaurant-Opportunity
Spokane, WA
Turnkey Restaurant & Catering Facility with Real Estate Included
REAL ESTATE INCLUDED
Oxford, PA
Very Well-Known Albany NY Restaurant & Banquet Hall W / Property -
New York, NY
Profitable 40+ Year Established Banquet Hall - Chicago NW Suburbs
$6,500,000
Cook County, IL
Profitable Event Venue | $645K+ Gross | $151K Cash Flow | $200K Asking
Bronx, NY
Historic Virginia Estate Wedding Venue & Inn
Virginia
Fernando Mello, MBA, CBI, CM&AP
Transworld Business Brokers, LLC.
Serving Broward County, FL
Transworld Business Advisors is the world leader in business sales, mergers and acquisitions, commercial real estate, and franchise sales. We are truly an entrepreneur's secret weapon to success! Transworld spends more money marketing businesses for sale than any other business brokerage franchise. Hands down. By successfully selling businesses since 1979, we have developed a robust and unmatched buyer and partner network that helps us complete deals quickly and at the highest level of professionalism. We specialize in finding the right buyers for good businesses. Our extensive network of business brokers and transaction coordinators worldwide boasts 250+ franchise offices and nearly 1000 team members. Because of our size, training, continued education, and communication, our network offers an unequaled distribution of exclusive business sale opportunities. Our team approach to Mergers and Acquisitions and Commercial Real Estate ensures that even the most complex and demanding transactions are executed with five-star proficiency. Whether we represent an acquisition-minded corporation or an adventurous entrepreneur, Transworld Business Advisors is the best option for successful business sales.
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Banquet Hall & Event Venue | Quinceañeras, Weddings & Events
Las Vegas, NV
BY OWNER 3 Spaces - White banquet hall, Back yard and Cozy dining area
Brooklyn, NY
Turnkey Plano Event Venue: 4,750SF Hall, Seats 230, 727 Parking Spaces
Plano, TX
Extremely Profitable Established Party Supply & Balloon Business!
Myrtle Beach, SC
Banquet Hall Business For Sale Livermore, CA
Livermore, CA
Established Leading Party & Event Rentals Business
Contra Costa County, CA
Fully Equipped Chicago Photo Studio — Clients, Marketing & Team Includ
Chicago, IL
Bed & Breakfast / Boutique Inn Tullahoma, TN
REAL ESTATE INCLUDED
Tullahoma, TN
Endless Possibilities Await with this Wedding Venue/Chapel/Home!
$2,150,000
Sycamore, IL
Event Center, Winery, Vineyard 1hr to Nashville!
REAL ESTATE INCLUDED
Hampshire, TN
50+ Yr Estab 16,000SF Banquet Facility on Golf Course w/ Grill & Rest
Dutchess County, NY
Banquet Facility / Grill & Snack Bar + Restaurant on Golf Course
Dutchess County, NY
Banquet Hall elegant atmosphere and Center For sale
Lansing, IL
Turnkey Event Venue with Revenue, Bookings, and Growth
Collin County, TX
Premier Flagship Hospitality & Events Venue – $10M+ Build-Out | 15,000
Melville, NY
SG 11789 Ohio Cleveland Mentor Kirtland Restaurant Banquet and Event C
Lake County, OH
Albany-Schenectady - Iconic Italian Restaurant + Catering & Banquet B
Schenectady, NY
Crafting Retreat + Bed and Breakfast
REAL ESTATE INCLUDED
Utah
Newly Renovated Bed and Breakfast for sale.
Pulaski, TN
Deluxe bed & breakfast, with 7 suites and 6-2 bedroom cottages on Lake
$4,100,000
Monticello, IN
Central Arkansas Wedding & Event Venue - With Valuable Real Estate
Arkansas
Beautiful High-Capacity Wedding & Event Venue
REAL ESTATE INCLUDED
Amarillo, TX
Absentee Owned Cafe and Party Venue - Very Profitable!!
Essex County, NJ
Event center
REAL ESTATE INCLUDED
Lacon, IL
Top-Rated Banquet Hall in Hialeah
Hialeah, FL
Well-Known N. Houston Wedding Venue | Established & Fully Operational
Montgomery County, TX
Successful Party Rental & Event Services Business
Santa Cruz County, CA
Wedding and Event Venue for sale
Columbus, OH
Christopher Goebel
Crossroads Advisers
Serving Cuyahoga County, OH
Growing up in an entrepreneurial business founded by his father in 1964, Christopher went from sweeping floors to becoming President & General Manager of Lakefront Lines/Coach USA. Working alongside his father and five siblings, he helped grow our business into a $38.9 million enterprise. Managing the family business through a generational transition, privately-equity ownership, and then to a publicly-traded company, Christopher learned firsthand the challenges of scaling, operating, and exiting a successful business enterprise – and has a passion for sharing the wisdom he has gained in a lifelong career as a visionary and performance-driven executive. In 2016, Christopher founded Crossroads Advisers with a mission: to share lessons learned of the business transition and succession/exiting with other business owners from a Business Owner’s Perspective.
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Exceptional and very rare entertainment venue in Inglewood, CA
Inglewood, CA
Hospitality Acquisition Opportunity with Seller Lease Option #1105
Saint Louis, MO
Turnkey Legacy Banquet Hall Business with Property
$4,775,000
Illinois
High Cash Flow Event Venue with Exceptional Long Term Lease 2877
Dallas County, TX
Turnkey Event Venue with Multiple Revenue Opportunities
Montgomery County, VA
Elegant Event Hall Serving Weddings & Celebrations - Semi-Absentee
Dallas County, TX
Established Inland Empire Party Rental Business | Semi-Absentee
Riverside, CA
Andover Event Center
REAL ESTATE INCLUDED
Andover, OH
Hands On Owner of a Fun Tourist Driven Bachelorette Ready Dance Studio
Nashville, TN
Profitable Event / Wedding Venue Business with 5 Acres of Real Estate
REAL ESTATE INCLUDED
Homestead, FL
Buy or Sell a Banquet Hall
Banquet halls listed for sale on BizBuySell are event focused hospitality businesses such as wedding and reception venues, banquet halls, event centers, multi use celebration spaces, and hybrid properties that combine venues with lodging, restaurants, or bars, with listings often including owned real estate and fully built out facilities. These businesses typically operate on a booking driven hospitality model, generating revenue through venue rental fees, per event pricing, food and beverage packages, bar service, and add on services such as décor, coordination, or lodging, often with advance deposits and booked event calendars providing revenue visibility.
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 69 |
| Asking Price | $795,000 |
| Reported Revenue | $575,000 |
| Reported Seller's Discretionary Earnings | $173,208 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $250,000 | $795,000 | $2,200,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Banquet Halls for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $362,196 | $96,250 |
| Median | $575,000 | $173,208 |
| Upper Quartile | $1,132,720 | $292,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Banquet Halls listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.60 | 2.37 |
| Median | 0.93 | 3.79 |
| Upper Quartile | 2.17 | 7.91 |
FAQ's
How much does it cost to buy a Banquet Hall?
The median asking price for an established Banquet Hall is $795,000, though prices range from under $250,000 to well over $2,200,000.
How much do Banquet Halls owners earn?
The median reported revenue of Banquet Halls is $575,000 and owners earn a median of $173,208, which includes the owners salary and any other financial benefits they receive.
How do I value a Banquet Hall?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Banquet Halls, revenue multiples range from 0.60 to 2.17, with a median of 0.93. Earning multiples range from 2.37 to 7.91, with the median at 3.79. This means the typical Banquet Hall may ask for around 0.93 times its annual revenue, and 3.79 times its annual owner earnings.
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