REAL ESTATE INCLUDED
Miami, FL

REAL ESTATE INCLUDED
Miami, FL

REAL ESTATE INCLUDED
Minnesota

Charleston, SC
Houston, TX
Elk Grove, CA
Baltimore County, MD
Yuba City, CA
Saint Louis, MO
Youngstown, OH
Minnesota
Tennessee
Cutler Bay, FL
Bergen County, NJ
$995,000
Orange County, CA
Poquoson City County, VA
Bellingham, WA
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.
Riverside County, CA
REAL ESTATE INCLUDED
Lyons, IL
REAL ESTATE INCLUDED
Cuyahoga County, OH
REAL ESTATE INCLUDED
St Lucie County, FL
REAL ESTATE INCLUDED
Illinois
Miami, FL
Erie County, PA
REAL ESTATE INCLUDED
Murfreesboro, TN
$450,000
Marysville, CA
Bellerose, NY
Plymouth County, MA
Fairless Hills, PA
Salt Lake City, UT
Orange County, FL
Las Vegas, NV
North Carolina
Danville, CA
Bexar County, TX
REAL ESTATE INCLUDED
Illinois
$10,450,000
Camdenton, MO
San Bernardino, CA
Brooklyn, NY
Fort Worth, TX
St. Charles County, MO
Sun Valley, CA
Plano, TX
REAL ESTATE INCLUDED
Spencer, NY
Suffolk County, NY
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.
Houston, TX
Collin County, TX
$795,000
Schaumburg, IL
REAL ESTATE INCLUDED
Tennessee
Rochester, NY
REAL ESTATE INCLUDED
Ithaca, NY
REAL ESTATE INCLUDED
Tarrant County, TX
Plano, TX
REAL ESTATE INCLUDED
Chalfont, PA
Chester County, PA
| 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 |
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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