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Banquet Halls For Sale

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Market Info
Banquet Facility / Grill & Snack Bar + Restaurant on Golf Course

Dutchess County, NY

50+ YR ESTAB / 16,000 SF BANQUET FACILITY/SNACK BAR/RESTAURANT ON GOLF COURSE $995,000 CENTRAL DUTCHESS/POUGHKEEPSIE AREA Long established absolutely stunning facility with many recent upgrades. Low...

$995,000

$995,000

Banquet Hall elegant atmosphere and Center For sale

Lansing, IL

Easy Access , All Commendations , near Hotel Stays etc....

$1,500,000

$1,500,000

Cash Flow: $312,880

Turnkey Event Venue with Revenue, Bookings, and Growth

Collin County, TX

This acquisition presents the opportunity to step into an established event venue with the key components already in place for continued operation and future growth. The sale includes a fully equipped...

$49,500

$49,500

Cash Flow: $20,285

Premier Flagship Hospitality & Events Venue – $10M+ Build-Out | 15,000

Melville, NY

Premier Flagship Hospitality & Events Venue – $10M+ Build-Out | 15,000 SF | 250–300 Seats Rare opportunity to acquire a fully built-out flagship hospitality and events venue located in a dense,...

$6,000,000

$6,000,000

SG 11789 Ohio Cleveland Mentor Kirtland Restaurant Banquet and Event C

Lake County, OH

$350,000 for the SG 11789 Ohio Cleveland Mentor Kirtland Restaurant Banquet and Event Center business only. The seller has an option to purchase the property for $2.8M, which includes the Banquet...

$350,000

$350,000

Albany-Schenectady - Iconic Italian Restaurant + Catering & Banquet B

Schenectady, NY

ESTABLISHED ITALIAN RESTAURANT & CATERING OPERATION - SCHENECTADY COUNTY This premier Italian restaurant represents a rare acquisition opportunity in the greater Schenectady market, featuring over...

$2,200,000

$2,200,000

Cash Flow: $336,049

Crafting Retreat + Bed and Breakfast

REAL ESTATE INCLUDED

Utah

For sale is a business that operates in the industry intersections of experiential hospitality, specialized retail, and subscription e-commerce. The core customer demographic of the business is...

$4,850,000

$4,850,000

Cash Flow: $261,007

REAL ESTATE INCLUDED

Excellent opportunity

Miami, FL

Established Banquet Hall Business - Prime Miami Location This well-established banquet hall presents an exceptional opportunity for an experienced operator or investor looking to enter Miami's...

$350,000

$350,000

Newly Renovated Bed and Breakfast for sale.

Pulaski, TN

Some weddings too. For $1,050,000, you get it all! If you prefer just the business, then rent negotiations will start at 8,000 per month for a new long-term lease with a right of first refusal....

$49,999

$49,999

Central Arkansas Wedding & Event Venue - With Valuable Real Estate

Arkansas

This is a rare opportunity to acquire an established, income-producing wedding and event venue paired with a luxury owner's residence, located in Central Arkansas within the Little Rock–North Little...

$3,570,000

$3,570,000

Cash Flow: $285,768

Beautiful High-Capacity Wedding & Event Venue

REAL ESTATE INCLUDED

Amarillo, TX

This is a rare opportunity to acquire one of Amarillo's premier wedding and event venues. Known for its beautiful setting and versatility, the venue is one of the largest in the area, accommodating...

$1,400,000

$1,400,000

REAL ESTATE INCLUDED

Absentee Owned Cafe and Party Venue - Very Profitable!!

Essex County, NJ

Now Offering SELLER FINANCING With 0% Interest!! This established cafe and event venue represents a compelling investment opportunity in Essex County, NJ's hospitality sector. The business operates as...

$409,000

$409,000

Cash Flow: $212,740

Event center

REAL ESTATE INCLUDED

Lacon, IL

ESTABLISHED EVENT CENTER - LACON, ILLINOIS This turnkey event center presents an exceptional opportunity in Marshall County's underserved market. Established in 2022, this 6,300 square foot facility...

$450,000

$450,000

REAL ESTATE INCLUDED

Entertainment,Night Club,Dncing,Fine dining,Full bar,2AMPermited

$995,000 - Orange County, CA

$995,000

Orange County, CA

Very Well-Known Albany NY Restaurant & Banquet Hall W / Property -

New York, NY

Established Family Restaurant & Banquet Hall – 70 Years Strong – $1M+ Sales – Real Estate Included Location: Upstate, NY Asking Price: $1,700,000 (Business & Real Estate) Gross Revenue: $1,000,000+...

$1,700,000

$1,700,000

Cash Flow: $292,000

Profitable Event Venue | $645K+ Gross | $151K Cash Flow | $200K Asking

Bronx, NY

Opportunity to acquire a long-running event venue with over 40 years of operating history, approximately $645,000+ in annual gross revenue and $151,000 in cash flow. The business operates from...

$200,000

$200,000

Cash Flow: $151,859

Scott Kranz

First Choice Business Brokers

Serving Minnehaha County, SD

First Choice Business Brokers is one of the largest business sales organizations and has reached over $8 billion dollars of business transactions. We are the premier business brokerage in the industry for buyers and sellers. We list businesses on several national websites as well as micro sites, and work diligently to secure the most value for a business.

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Top-Rated Banquet Hall in Hialeah

Hialeah, FL

Exceptional opportunity to acquire one of Hialeah’s most established and recognized event venues. Seduction Ballrooms has been successfully operating since 2004, earning an outstanding reputation and...

$375,000

$375,000

Well-Known N. Houston Wedding Venue | Established & Fully Operational

Montgomery County, TX

Rare opportunity to acquire a beautifully established wedding and event venue in the rapidly expanding North Houston market. Situated on picturesque acreage just north of Houston, this turnkey...

$3,500,000

$3,500,000

Turnkey Mid-Size Event Venue With Booked Demand

El Paso County, TX

Located in an established local market, this turnkey mid-size event venue fills a highly profitable niche for weddings, quinceañeras, graduations, and private celebrations that are too large for small...

$110,000

$110,000

Cash Flow: $31,299

Successful Party Rental & Event Services Business

Santa Cruz County, CA

Sales Price: $457,000.00 Inventory included Gross Sales: $521,392.00 (2024 Taxes) Dreaming of owning a dynamic, community-loved business in beautiful Santa Cruz County? Here’s your chance to step into...

$457,000

$457,000

Wedding and Event Venue for sale

Columbus, OH

Experience Timeless Elegance at The Century Wedding & Event Venue Located at just south of downtown Columbus, The Century is one of the city’s most distinctive and versatile event venues. Blending...

$120,000

$120,000

Exceptional and very rare entertainment venue in Inglewood, CA

Inglewood, CA

Simply stated, this is a unicorn opportunity to own a preeminent hospitality and entertainment venue in perhaps the most globally-recognized and thriving city in California. With a capacity of 600 and...

$1,200,000

$1,200,000

Hospitality Acquisition Opportunity with Seller Lease Option #1105

Saint Louis, MO

A truly exceptional acquisition opportunity, this meticulously restored historic hospitality asset offers a rare combination of luxury accommodations, multiple revenue streams, and significant growth...

$1,200,000

$1,200,000

Cash Flow: $306,727

High Cash Flow Event Venue with Exceptional Long Term Lease 2877

Dallas County, TX

This established event venue represents a premier hospitality acquisition opportunity in the Dallas Fort Worth Metroplex. The business operates multiple elegant event spaces with comprehensive indoor...

$1,999,999

$1,999,999

Cash Flow: $461,196

Event Rentals - Draft Trailers/Mobile Bars

$450,000 - Marysville, CA

$450,000

Marysville, CA

Turnkey Event Venue with Multiple Revenue Opportunities

Montgomery County, VA

This turnkey event venue presents an outstanding opportunity to acquire a versatile business in a highly visible location. The property was extensively renovated and upgraded to meet city requirements...

$74,950

$74,950

Elegant Event Hall Serving Weddings & Celebrations - Semi-Absentee

Dallas County, TX

An exceptional opportunity to acquire a beautifully built, event venue located in Dallas County, Texas. This fully equipped facility is designed to host weddings, quinceañeras, corporate events, and...

$195,000

$195,000

Cash Flow: $65,000

Established Inland Empire Party Rental Business | Semi-Absentee

Riverside, CA

This is a rare opportunity to acquire one of the larger party rental businesses in the Inland Empire. The company has built a strong reputation in the market and operates with stable annual gross...

$1,690,000

$1,690,000

Cash Flow: $481,000

Andover Event Center

REAL ESTATE INCLUDED

Andover, OH

• Turn-Key Event Location by Pymatuning Lake • 4 Million tourists/year visit Public Square • Potential reuse- restaurant, retail, theater, live music venue, casino, coffee house, brewery, conf center,...

$495,000

$495,000

REAL ESTATE INCLUDED

Hands On Owner of a Fun Tourist Driven Bachelorette Ready Dance Studio

Nashville, TN

Step into one of Nashville’s most unique and high‑energy entertainment destinations. This thriving line‑dancing studio sits in the heart of the city’s tourist district and draws bachelorette parties,...

$150,000

$150,000

Cash Flow: $135,208

Profitable Event / Wedding Venue Business with 5 Acres of Real Estate

REAL ESTATE INCLUDED

Homestead, FL

Achieve immediate profitability and long-term wealth building with this turnkey wedding and event venue that delivers multiple income streams from day one. You'll step into an established operation...

$4,250,000

$4,250,000

REAL ESTATE INCLUDED

Event / Wedding Venue Business with 4 Acre Property in Miami, FL Area

REAL ESTATE INCLUDED

Miami, FL

This established wedding and event venue business represents a premium hospitality investment opportunity situated on four acres in Miami's prestigious Redlands district. The operation has...

$3,200,000

$3,200,000

REAL ESTATE INCLUDED

Concert, Event, Wedding Venue, Bar, Restaurant, with Acreage

REAL ESTATE INCLUDED

Minnesota

Great local venue known for weddings and events. Located in the Twin Cities metro area. Additional land available for development. Listing ID: P58291...

$18,500,000

$18,500,000

REAL ESTATE INCLUDED

Profit in Charleston's Wedding Market — Event Décor Biz, Financing

Charleston, SC

Step into one of the Southeast's hottest hospitality markets. This established event décor and balloon installation business serves greater Charleston, SC — a premier wedding and special-event...

$99,000

$99,000

20 % Cap Rate Family Entertainment Business For Sale !!

Houston, TX

CONFIDENTIAL INVESTMENT OPPORTUNITY Family Entertainment Business For Sale Offering Summary: Sale Type: Business Only Asking Price: $725,000 Approximate Inventory: $5,000 Property Details: Building...

$725,000

$725,000

Gated Resort Business offering 100 % sale of business and Real Estate

$10,450,000 - Camdenton, MO

$10,450,000

Camdenton, MO

Established Event Venue Business for Sale

Hidalgo County, TX

This established event venue in San Juan, Texas, has built a strong reputation for hosting weddings, quinceañeras, corporate events, and other special celebrations. Known for its welcoming atmosphere...

$150,000

$150,000

Cash Flow: $112,793

Virsa Restaurant and Banquet Hall

Elk Grove, CA

VIRSA RESTAURANT and BANQUET HALL located at 9171 Elk Grove Florin Rd, Ste 6, Elk Grove, CA 95624 is a rare opportunity to acquire a well-positioned restaurant business in one of Elk Grove’s active...

$900,000

$900,000

Indian Restaurant with Bar and Banquet Hall 200+ Capacity

Baltimore County, MD

Indian Restaurant with Bar and Banquet hall is for sale in Baltimore County....

$499,000

$499,000

Full Service Kitchen Catering Banquet Hall

Yuba City, CA

For over a decade, this full-service catering and banquet hall operation has been weaving itself into the fabric of the Twin Cities community through the universal language of food. What began as one...

$250,000

$250,000

Cash Flow: $175,000

Winery and Event Space in MO

Saint Louis, MO

This picturesque winery and event space sprawling over 30+ acres is looking to hand over the business to a new owner after decades of serving loyal customers amazing food, beverages, wine and creating...

$5,000,000

$5,000,000

Cash Flow: $86,408

Historic Event Center

Youngstown, OH

Event Center on the river with adjacent pub and outdoor patio Walking distance to YSU and YBI Recently Renovated River Front with beautiful views of Downtown & Historic Buildings New Windows, Roof,...

$1,100,000

$1,100,000

Very Well-Known Albany NY Restaurant & Banquet Hall W / Property -

New York, NY

Established Family Restaurant & Banquet Hall – 70 Years Strong – $1M+ Sales – Real Estate Included Location: Upstate, NY Asking Price: $1,700,000 (Business & Real Estate) Gross Revenue: $1,000,000+...

$1,700,000

$1,700,000

Cash Flow: $292,000

Nationally Recognized Events Staging Solutions Company

Minnesota

The Company is a nationally recognized provider of professional audiovisual and event staging solutions, serving Fortune 500 corporations, national production companies, and premier brands across a...

Not Disclosed

Not Disclosed

EBITDA: $1,536,897

Tom MBA, Business Broker

TNT Business Brokers/

Serving Williamson County, TN

#1 Nashville Business Seller - Personally sold over 300 businesses in greater Nashville since 2008. Check the Stats - No upfront fees - 30 yr 'Fortune 50' Ad Exec Our Promise to Sellers: Max 25 companies listed at a time to maintain focus Experienced Consulting/Realistic Appraisals (vs unrealistic to get a 'listing'). Full-time commitment (this isn't our 2nd job) Fast response to everyone! Our Credentials: Over 300 Nashville businesses and companies sold! CHECK THE STATS ON BIZBUYSELL.COM Aligned with top commercial Realtors...enables us to uniquely 'reach movers' 206 websites PLUS highly targeted direct marketing to our database of over 15,000 investors/buyers Tom Nilsen brings 30 years National Advertising experience...Coca-Cola, Nestle, Sara Lee, Coors Light Tom awarded 'Consultant of the Year' in 1st year after becoming a certified business broker. TNT Business Brokers is a 'network' of experienced business consultants/digital marketers who 'co-broker' within our network to optimize business Seller's overall marketing exposure and Buyer reach. Buyers enjoy our time-efficient search resources and comprehensive guidance through 'due diligence' to ultimately achieve stated goals. We have all currently active buyers in our database and the digital resources and knowledge to reach every one of them. SELLERS: PLEASE INTERVIEW US BEFORE DECIDING ON A BROKER :) BUYERS: CALL ON US ANYTIME FOR FREE ASSISTANCE ON ANY LISTING.

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Event, Wedding & Corp. Venue Business-Highly Successful & Ready

Tennessee

This premier event venue is located in a vibrant commercial district in Middle TN. It hosts a variety of events, mostly hosting weddings and corporate events, yet its layout provides the flexibility...

$690,000

$690,000

Cash Flow: $250,000

Established Banquet Hall in Cutler Bay

Cutler Bay, FL

Established and highly profitable banquet hall/event venue located in a prime high-traffic area of Cutler Bay. Fully licensed and permitted operation with an outstanding online presence, including...

$499,000

$499,000

Wedding Event Production company with DJ's, Lighting & Photo booth.

$795,000 - Schaumburg, IL

$795,000

Schaumburg, IL

Mr. A. Burnidge

Buy/Sell Business Brokers, Inc.

40+ Year Established Restaurant and Bar! Longtime loyal clientele!

Bergen County, NJ

Established South West Bergen County family restaurant and bar opportunity with real estate included. Rare chance to acquire a long-standing local eatery with over 40 years of community presence,...

$1,500,000

$1,500,000

Unique Event Venue

Poquoson City County, VA

This updated and modern event venue has become a popular spot for weddings, parties, corporate events, and other private gatherings. The space is bright, open, and versatile, allowing it to...

$149,900

$149,900

Cash Flow: $30,858

Legacy Winery & Hospitality Estate | Niagara Escarpment

Lockport, NY

Freedom Run Winery presents a rare opportunity to acquire a fully integrated winery and hospitality estate located within the Niagara Escarpment AVA in Western New York. Spanning approximately 114...

Not Disclosed

Not Disclosed

Cash Flow: $100,000

Established Event Equipment Rental Company with Proven Growth

Bellingham, WA

Have you envisioned owning a business in the thriving world of weddings and special events? Are you passionate about creating beautiful tablescapes and helping clients bring their celebrations to...

$150,000

$150,000

Semi Absentee Event Company with Established Team & Secured Contracts

Riverside County, CA

**SEMI-ABSENTEE EVENT COMPANY – RIVERSIDE COUNTY** Established in 2020, this profitable event services company operates as a home-based business with tremendous growth potential, Serving all of...

$600,000

$600,000

Cash Flow: $160,000

Beloved Long-Established Restaurant & Banquet Hall w/Property Lyons,IL

REAL ESTATE INCLUDED

Lyons, IL

Beloved Long-Established Restaurant & Banquet Hall w/Property Lyons, IL - 42 Years! "And Semi-Private Gaming Area With Gaming Revenue Of $82,947" An incredible opportunity to acquire a...

$1,500,000

$1,500,000

REAL ESTATE INCLUDED

Well Situated Event Center along with Grill & bar & Parking

REAL ESTATE INCLUDED

Cuyahoga County, OH

Well Situated 14,000 S.F. Event Center along with Grill & bar for Sale by Owner/Operators who are Retiring. Also suitable for Conversion to a Social Development Center. Situated at a well travelled...

$700,000

$700,000

REAL ESTATE INCLUDED

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 Analyzed66
Asking Price$670,000
Reported Revenue$550,000
Reported Seller's Discretionary Earnings$170,340
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.

Asking Price

Lower QuartileMedianUpper Quartile
$250,000$670,000$2,000,000

Market Financial Highlights

The financial data presented here is an aggregation of reported revenue and earnings of Banquet Halls for sale.

BoundRevenueSeller’s Discretionary Earnings
Lower Quartile$355,200$91,250
Median$550,000$170,340
Upper Quartile$1,110,293$284,326

Valuation Multiples

The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Banquet Halls listed for sale.

BoundRevenue MultipleEarnings Multiple
Lower Quartile0.592.14
Median0.873.52
Upper Quartile1.925.82

FAQ's

How much does it cost to buy a Banquet Hall?

The median asking price for an established Banquet Hall is $670,000, though prices range from under $250,000 to well over $2,000,000.

How much do Banquet Halls owners earn?

The median reported revenue of Banquet Halls is $550,000 and owners earn a median of $170,340, 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 0.59 to 1.92, with a median of 0.87. Earning multiples range from 2.14 to 5.82, with the median at 3.52. This means the typical Banquet Hall may ask for around 0.87 times its annual revenue, and 3.52 times its annual owner earnings.

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