Bowling Green, KY
Well established Event Venue with a strong brand name that is located in a 15,000 sq. ft. space. The owner spends 6 months per year in the states and 6 months per year in his home country, so he is...
$400,000
Bowling Green, KY

Miami, FL

REAL ESTATE INCLUDED
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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.
Eastpointe, MI
Navasota, TX
Tarrant County, TX
Belvidere, NJ
San Fernando, CA
Hartford County, CT
Lockport, NY
Fox Lake, IL
$3,995,000
Morriston, FL
| 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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