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Banquet Halls For Sale

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Turnkey Legacy Banquet Hall Business with Property

REAL ESTATE INCLUDED

Illinois

This is a premier wedding and event services business/venue in the southwest suburbs of Chicago with an experienced leadership team and staff. They have created an established legacy in its industry...

$4,775,000

Cash Flow: $3,329

$4,775,000

Cash Flow: $3,329

REAL ESTATE INCLUDED

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

Orange County, CA

A rare opportunity to own a highly successful. Fine dining Entertainment,Night Club,DncingFull bar,2AM Permited with all the Licences Located in the South Orange Countys most desirable beach...

$995,000

Cash Flow: $725,000

4

$995,000

Cash Flow: $725,000

Event Rentals - Draft Trailers/Mobile Bars

Marysville, CA

The largest selection of mobile beer & beverage draft units, refrigeration, and mobile bars in the area. We offer the largest selection of mobile beverage draft units and maintain top-of-the-line...

$450,000

18

$450,000

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

Schaumburg, IL

Imagine stepping into a thriving event production business that's been creating magical moments since 1998. You'll love how this full-service company has built lasting relationships with couples,...

$795,000

Cash Flow: $248,616

$795,000

Cash Flow: $248,616

Historic Southern Estate, Wedding Venue and B&B

REAL ESTATE INCLUDED

Bartlett, TN

Cedar Hall is a distinctive historic Southern estate offering a rare combination of real estate, an established wedding and event business, lodging, food and beverage operations, and multiple...

$4,000,000

14

$4,000,000

REAL ESTATE INCLUDED

High-end European wedding venue for sale in Florida

REAL ESTATE INCLUDED

Morriston, FL

Turnkey Wedding Venue — 31 Acres Established wedding venue with three years of strong growth and 97 weddings already booked through early 2028. Revenue: $219k (2023) → $376k (2024) → $686k (2025) The...

$3,995,000

EBITDA: $355,800

50

$3,995,000

EBITDA: $355,800

REAL ESTATE INCLUDED

Profitable Wedding & Event Venue with Onsite Lodging

North Carolina

Established and highly profitable wedding and event venue situated on 40+ scenic acres in a growing North Carolina metro area. The turnkey property offers multiple distinct ceremony locations, a...

Not Disclosed

EBITDA: $306,000

Not Disclosed

EBITDA: $306,000

Gala Reception Hall , Night Club, Bar, Pool Hall & Venue

West Palm Beach, FL

TURNKEY RESTAURANT, NIGHTCLUB & ENTERTAINMENT VENUE - PALM BEACH COUNTY Rare opportunity to acquire a fully operational 4,500 square foot multi-concept hospitality business in prime West Palm Beach...

$875,000

44

$875,000

Weddings, Events and overnight stays

REAL ESTATE INCLUDED

Jackson, MO

Beautiful slice of heaven, hidden in the middle of the woods. Wedding Venue with overnight stay options. Several opportunities to add more income on this 8.72 acre property....

$629,000

32

$629,000

REAL ESTATE INCLUDED

Beautiful Newly Renovated Event Venue Business With Real Estate

REAL ESTATE INCLUDED

Athens, GA

The sale of 1051 Baxter Street represents a rare opportunity to acquire not only a highly improved piece of Athens real estate, but also an established, turnkey event venue business and an extensive...

$2,350,000

19

$2,350,000

REAL ESTATE INCLUDED

Apex Leadership Co
Franchise

Available in Multiple Locations

Raise more funds. Build stronger leaders. Own a mission-driven business that transforms schools and communities.

$150,000

Avg. Unit Revenue: $916,578

$150,000

Avg. Unit Revenue: $916,578

Iconic Live Music Theatre and Event Center

REAL ESTATE INCLUDED

Colorado Springs, CO

Stargazers Theatre and Event Center is now available for purchase, offering a rare opportunity to acquire one of Colorado Springs’ most distinctive live entertainment venues. Located just 2.5 miles...

$3,500,000

20

$3,500,000

REAL ESTATE INCLUDED

Missouri Event Venue within Gated Vacation Resort Development

REAL ESTATE INCLUDED

Camdenton, MO

The Venue at Kinderhook represents a premier investment opportunity in Missouri's event venue market. The event venue consists of a 11,900 square foot facility sitting on 5.27 acres within The Lake’s...

$2,500,000

31

$2,500,000

REAL ESTATE INCLUDED

Elite Wedding & Event Venue for sale in Southwest Ohio

REAL ESTATE INCLUDED

Dayton, OH

Overview: Modern industrial wedding and event venue located in a renovated early-1900s factory in Dayton, OH. Featuring 20,000 sq. ft. of premium space with exposed brick, high ceilings, a grand...

$3,950,000

2

$3,950,000

REAL ESTATE INCLUDED

Turnkey Wedding & Event Venue with Lodging on Private Lake 13.67 Acres

REAL ESTATE INCLUDED

Oklahoma County, OK

TURNKEY LAKEFRONT WEDDING & EVENT VENUE WITH ONSITE LODGING + EXPANSION UPSIDE Rare opportunity to acquire an established wedding and event venue on 13.67 wooded acres with a private 3.5-acre lake,...

$2,295,000

3

$2,295,000

REAL ESTATE INCLUDED

Event Center Building & 7 Acres

REAL ESTATE INCLUDED

Grove, OK

Exceptional versatile property in one of Oklahoma's most sought-after lake towns. Discover this investment property with countless possibilities, perfectly located in the heart of Grove, Oklahoma....

$798,000

10

$798,000

REAL ESTATE INCLUDED

Silver Transitions

Silver Tsunami Transitions LLC

Serving Fairfax County, VA

Silver Tsunami Transitions was founded with one objective: To ensure aging boomers, grandmas, grandpas, and founders achieve a clear, well-executed exit that honors the legacy they’ve built. Born from a personal experience where a family business lacked that outcome, the company guides owners to sell their life’s work with a clear plan, strong positioning, and experienced representation. Every step is designed to realize full value and ensure that when the deal is done, owners leave on their terms, with their legacy intact. Focused on helping family-held companies with revenues between $500K to $50M+. Our combined partners bring 55+ years of experience and over $350M in closed value. We take pride in positioning our clients life’s work in the market and secure an exit that reflects its full value and legacy. We equip sellers and buyers alike with practical insights, ensuring every transaction is not just a deal, it’s the culmination of a past and future legacy.

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Luxury Harbor Dinner Cruise & Private Event Business – 2 Vessels

Ventura County, CA

Rare opportunity to acquire a unique harbor cruise and private event business in Ventura County, California. The offering includes two well-kept vessels — a 112’ yacht and an 87’ paddle wheeler —...

$5,000,000

17

$5,000,000

Premier Event Centre Business for Sale Turnkey Opportunity

Calgary, AB

Premier Event Centre Business for Sale Confidential Opportunity An exceptional opportunity to acquire one of Alberta's most established and respected event and hospitality businesses. This premier...

$20,000,000

5

$20,000,000

Midtown Social & Midtown Hall | Turnkey Restaurant, Cocktail Lounge, E

Chester County, PA

A rare opportunity to acquire Midtown Social and Midtown Hall, a fully built-out hospitality and event venue property in the heart of Berwyn, Pennsylvania. Formerly known as 30 Main, Midtown Social...

$700,000

Cash Flow: $150,000

18

$700,000

Cash Flow: $150,000

Endless Possibilities Await with this Wedding Venue/Chapel/Home!

Sycamore, IL

ENDLESS POSSIBILITIES AWAIT A RARE OPPORTUNITY TO LIVE, WORK, AND DREAM ALL IN ONE PLACE! This is the perfect opportunity for the visionary buyer or entrepreneur ready to continue a long time, turn...

$2,150,000

103

$2,150,000

Deluxe bed & breakfast, with 7 suites and 6-2 bedroom cottages on Lake

REAL ESTATE INCLUDED

Monticello, IN

Premium lakefront bed and breakfast resort established in 2006, featuring 7 luxury suites and 6 two-bedroom cottages on a scenic lake in Monticello, Indiana. This well-established hospitality business...

$4,100,000

3

$4,100,000

REAL ESTATE INCLUDED

Launch Entertainment
Franchise

Available in Multiple Locations

Launch Entertainment is the leading full-service entertainment franchise offering a variety of attractions, premium restaurant and bar to attract customers of all ages.

$1,500,000

Avg. Unit Revenue: $2,318,776

$1,500,000

Avg. Unit Revenue: $2,318,776

Reduced for quick sale 34 Inflatables, Equipment
Asset Sale

Clarksburg, MD

Backyard Inflatables Inc is a fully established, well-known, and highly respected party rental and inflatable entertainment company with 23 years of proven success. This sale includes the complete...

$69,000

29

$69,000

Own a Smoky Mountain Waterfall Roadside Attraction!
Asset Sale

Sevierville, TN

Own the only commercial waterfall in the Smoky Mountains! The property is the former site of the Cascades Lodge built in 1936. The old rock walls, chimney, and parts of the creek fed swimming pool...

$80,000

22

$80,000

4,300 SF Event Venue + Bar Setup Near Disney | Fully Built-Out.
Asset Sale

Osceola County, FL

Turnkey Luxury Speakeasy, Bar, and Event Venue Near Disney – Asset Sale This is a rare opportunity to acquire a fully built-out, high-end hospitality venue in the heart of Central Florida’s thriving...

$249,000

10

$249,000

Turnkey 40-Acre Arizona Vineyard, Tasting Rooms & Event Venue
Real Estate Only

Concho, AZ

Discover one of Arizona’s most unique vineyard properties—an extraordinary 40-acre estate in Concho where agriculture, hospitality, events, tourism and residential living come together. Thoughtfully...

$2,999,000

96

$2,999,000

Special Events Venue Listing ID N-1063

Wisconsin

B U S I N E S S H I G H L I G H T S ■ Distinctive event property combining a restored historic setting with purpose-built guest and event infrastructure ■ Indoor and outdoor event capabilities provide...

$650,000

$650,000

Cash Flow: $184,911

Established Catering & Banquet Business for Sale – Dearborn, MI

Dearborn, MI

Established catering and event business with approximately $600,000 in revenue over the last 12 months. The business also recently secured a school lunch contract expected to generate approximately...

3

$550,000

$550,000

Wedding Venue

REAL ESTATE INCLUDED

Platte County, MO

Nestled on 58 breathtaking acres, this stunning wedding estate offers a rare blend of elegance, privacy, and opportunity. The property features a beautifully designed primary wedding venue of...

6

$3,400,000

$3,400,000

REAL ESTATE INCLUDED

Event Venue Space for Destination Weddings, Birthdays, & Celebrations

Clark County, NV

ABSENTEE OWNER! Elegant intimate events venue with occupancy for 148 guests and large well equipped restaurant style kitchen. Located in a beautifully restored historic stone building with versatile...

$100,000

$100,000

Cash Flow: $53,846

Profitable & Growing Wedding Venue / Event Hall Business + Real Estate

REAL ESTATE INCLUDED

Moosup, CT

Rare opportunity to acquire both an established wedding and event venue business and the real estate located at 1–3 Lake Street in Moosup, CT. Hope Lodge Venue is a year-round event destination...

6

$1,190,000

$1,190,000

REAL ESTATE INCLUDED

Three Paths to the Opportunity!

Palm Springs, CA

Transform your investment into a thriving entertainment destination in one of California's premier resort markets. This established Palm Springs hospitality venue delivers multiple revenue streams and...

$895,000

$895,000

Play It Again Sports
Franchise

Available in Multiple Locations

Play It Again Sports franchises sell new and used sports and fitness equipment for children and adults. Stores also buy used equipment from customers.

$90,000

$90,000

Avg. Unit Revenue: $1,172,630

Historic Event Venue & Income Producing Estate | Real Estate Included

REAL ESTATE INCLUDED

Denver, CO

The Lumber Baron Inn & Gardens presents a rare opportunity to acquire an irreplaceable historic estate on a prominent 0.32-acre corner lot in Denver's desirable Highlands neighborhood. This iconic...

6

$2,995,000

$2,995,000

REAL ESTATE INCLUDED

Long-standing Supper Club and Event Space for Sale

REAL ESTATE INCLUDED

Ottawa, IL

Long-standing Supper Club and Event Space for Sale Established in 1975 and relocated to its current prime Route 71 location in 1985, this iconic supper club represents an 80-year legacy of hospitality...

6

$1,650,000

$1,650,000

Cash Flow: $111,607

REAL ESTATE INCLUDED

Chicago Nightclub & Bar w/Real Estate

REAL ESTATE INCLUDED

Chicago, IL

~ Liquor license, PPA License, Gaming License applied for ~ Owner open to discussing "Owner Financing" for qualified buyers with strong financials and good down payment (Terms to be negotiated) For...

$1,400,000

$1,400,000

REAL ESTATE INCLUDED

Turnkey Solana Beach Art Gallery | 20-Year Gallery Location + Original

Solana Beach, CA

Rare opportunity to acquire an established contemporary art gallery in the heart of Solana Beach’s highly desirable Cedros Design District. The location has operated as an art gallery for...

6

$75,000

$75,000

Successful Brewery Business and Building For Sale

REAL ESTATE INCLUDED

Jeannette, PA

Located in the heart of Jeannette’s revitalization district, Sobel’s Obscure Brewery presents a rare opportunity to acquire a fully operational brewery, restaurant, and historic mixed-use commercial...

6

$1,299,000

$1,299,000

REAL ESTATE INCLUDED

N Zone Sports
Franchise

Available in Multiple Locations

Fast-growing youth sports franchise with 3 revenue streams, $75K all-in investment, sky high margin potential, home-based, strong support, and true work/life balance.

$75,000

$75,000

Avg. Unit Revenue: $143,509

Established Event Venue Business With Tenant-Favorable Lease

Plano, TX

This is an opportunity to acquire a fully operational, turnkey event venue business with an established foundation, existing future bookings, and a landlord-approved path for a new owner to assume the...

4

$30,000

$30,000

Own a Beautiful Boutique Dress Shop

Kennewick, WA

This offering presents the opportunity to acquire a specialized formalwear and Quinceañera boutique business serving the Kennewick / Tri-Cities market. The company has established a differentiated...

$165,000

$165,000

Cash Flow: $87,000

Indoor Playground & Cafe

Miami, FL

This is the only one members club for families in Miami a premium indoor playground with a cafe, event space, and enrichment programs. We solve a real and structural problem Miami's climate makes...

3

$600,000

$600,000

Cash Flow: $280,000

Unique Wellness & Event Space Opportunity – Salt Cave Included

Davis County, UT

This is a rare opportunity to acquire a beautifully built wellness and event space anchored by a custom Himalayan salt cave in a growing, health-conscious community. Rather than investing the time and...

$34,000

$34,000

Priced to sell! Top-rated Indian restaurant with private party hall

Dallas, TX

Price dropped for quick sale to a serious buyer... Customer favorite for authentic Indian food and outstanding service. Established in the community for over 8 years and recently won an award for Best...

$144,000

$144,000

Cash Flow: $61,000

Bill Billingsley

The CBB Group

Serving Multnomah County, OR

What we do: With over a decade of experience, The CBB Group, Inc. is a leader in business brokerage and Mergers & Acquisition services. We specialize in the lower middle market, serving privately owned business with revenue ranging from $1,000,000 to $15,000,000. As advisors we are with you through the entire process. Our mission is to ensure your success. We do this by working with you and your team to ensure that your company is positioned in the best possible light for potential buyers. We have a six step process that has been developed over time that will guide you and your team through the sale. Our Mission; To Ensure Your Success Exit Planning: If possible, you should consider a two or three year exit strategy. This allows for you to work with a team of advisors not only to maximize the sale of your company but to ensure that you keep the most of that value that you have created. The CBB Group works with other trusted advisors such as Wealth Management, CPA’s and Estate Attorneys that can assist you in this process. We will provide you with a market range of value for your company and discuss ways to maximize that value over a two to three year, time horizon. Then when you’re ready, we will be too. Our first meeting is structured to see if you are ready and able to sell. We start by sitting down with you and your team, at no cost to get to know you and review your goals. During this process we will review the following: ?Companies Financial History ?Companies Market Position ?Competitive Advantages By spending this time with you up front, we will be able to advise you if now is the time to sell your business and what the market range evaluation is. If the time is right, then and only then, will we offer our services. If now is not the time to sell, we are able to give you a path and time-line that can help you prepare your company for sale in the future. Confidentiality: The CBB Group understands the significance of confidentiality to ensure a smooth continuation of bus

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FOR SALE: Turn-Key Game Truck Business + 2013 Ford F150 (FULL PACKAGE)

San Benito County, CA

Update May 31st, Truck now has 4 Brand new 60K mile Tires Brand New Harbor Freight Predator 9500 Generator with 2 Year Full Warranty. This is a fully operational, income-generating mobile...

6

$125,000

$125,000

Charming Wedding & Event Space

REAL ESTATE INCLUDED

Lawrence, KS

The Veranda Venue – Premier Wedding & Event Estate in Lawrence, KS 1431 N 1900 Road | Lawrence, KS 66044 Nestled on a peaceful country road just minutes from downtown Lawrence and the University of...

6

$1,649,000

$1,649,000

REAL ESTATE INCLUDED

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

Event business for sale (3600 sqft) in Mission Hills

San Diego, CA

Mission Hills Venue is a refined, multi-purpose event space located in the distinguished Mission Hills neighborhood of San Diego, California. Designed for versatility and sophistication, our space...

5

$160,000

$160,000

High-Demand Venue - Turnkey Opportunity

Los Angeles, CA

ALL-IN-ONE VENUE OPPORTUNITY Photography studio + private event hall This turnkey banquet hall represents an exceptional opportunity in Los Angeles's thriving events industry. Established in 2022,...

6

$179,999

$179,999

Well established Art Studio Franchise!! #1 in the US

Davie, FL

Well-Established Painting with a Twist Studio Now Available — a Turnkey, Profitable Paint-and-Sip Business with a Loyal Customer Base, Strong Brand Recognition, and an Outstanding Community...

6

$450,000

$450,000

Cash Flow: $181,022

16 Year Old Wedding & Event Floral Design Business

Tarrant County, TX

This business is a full-service floral studio specializing in destination and local weddings and events. Known for natural, organic designs with strong attention to color, scale, and composition, the...

$145,000

$145,000

Cash Flow: $81,729

Visaggio's — Premier Restaurant & Event Venue Opportunity

Enola, PA

Exceptional opportunity to acquire a recently updated, highly regarded restaurant and event venue in the heart of Central Pennsylvania. Visaggio's has built a strong reputation for its high-quality...

$775,000

$775,000

Cash Flow: $454,233

40 Acre Property with Event Barn and 4 bedroom House!

REAL ESTATE INCLUDED

Junction City, WI

Introducing Mystic Ponds Estate – a premier wedding & event venue on 40 acres! This property features a restored 2-story historic barn with rustic charm & modern amenities, hosting up to 300 guests...

6

$1,999,999

$1,999,999

REAL ESTATE INCLUDED

Modern-Rustic Wedding Event Venue with acreage in Iowa

REAL ESTATE INCLUDED

Iowa

Imagine owning your own slice of paradise in Iowa's thriving wedding market. This isn't just another venue - it's your chance to step into a turnkey business that's already winning hearts and building...

$1,423,800

$1,423,800

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$625,000
Reported Revenue$505,000
Reported Seller's Discretionary Earnings$164,742
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.

Asking Price

Lower QuartileMedianUpper Quartile
$250,000$625,000$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$505,000$164,742
Upper Quartile$1,101,984$280,000

Valuation Multiples

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

BoundRevenue MultipleEarnings Multiple
Lower Quartile0.601.93
Median0.873.51
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 $625,000, 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 $505,000 and owners earn a median of $164,742, 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 1.92, with a median of 0.87. Earning multiples range from 1.93 to 5.82, with the median at 3.51. This means the typical Banquet Hall may ask for around 0.87 times its annual revenue, and 3.51 times its annual owner earnings.

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