Roanoke, VA
Banquet Halls For Sale
Industry Info
Award-Winning Outdoor Entertainment & Event Production Company
Banquet Hall & Event Venue | Quinceañeras, Weddings & Events
Las Vegas, NV
Turnkey Plano Event Venue: 4,750SF Hall, Seats 230, 727 Parking Spaces
Plano, TX
Successful & Profitable Wedding Venue Business including Real Estate
REAL ESTATE INCLUDED
North Carolina
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
Event Center, Winery, Vineyard 1hr to Nashville!
REAL ESTATE INCLUDED
Hampshire, TN
13 Acres Western-Themed Guest Ranch Venue: 6 AirBnB Units, Event Hall
REAL ESTATE INCLUDED
Kingman, AZ
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
Historic Southern Estate, Wedding Venue and B&B
$4,000,000
Bartlett, TN
Banquet Hall Exquisite Atmosphere and Center For sale
Lansing, IL
Turnkey Event Venue with Revenue, Bookings, and Growth
Collin County, TX
Gregory Carafello
First Choice Business Brokers of Manhattan
Serving Saratoga County, NY
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $7 billion worth of businesses. Our New York City office consists of 1 Principal, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services. First Choice Business Brokers is a member in good standing with the Better Business Bureau (A+ Rating). The FCBB office is located in Manhattan which covers the entire New York and New Jersey Regions. The Principle Broker, Gregory J. Carafello, has over 38 years of extensive Business Ownership experience as a small to medium sized business owner since 1998.
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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
Excellent opportunity
Miami, FL
Newly Renovated Bed and Breakfast for sale.
Pulaski, TN
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
High-end European wedding venue for sale in Florida
$3,995,000
Morriston, FL
Event center
REAL ESTATE INCLUDED
Lacon, IL
Very Well-Known Albany NY Restaurant & Banquet Hall W / Property -
New York, NY
Established Bronx Event Space | 40+ Years | $660K Gross
Bronx, NY
Top-Rated Banquet Hall in Hialeah
Hialeah, FL
Well-Known N. Houston Wedding Venue | Established & Fully Operational
Montgomery County, TX
Turnkey Mid-Size Event Venue With Booked Demand
El Paso County, TX
Successful Party Rental & Event Services Business
Santa Cruz County, CA
Wedding and Event Venue for sale
Columbus, OH
Exceptional and very rare entertainment venue in Inglewood, CA
Inglewood, CA
Hospitality Acquisition Opportunity with Seller Lease Option #1105
Saint Louis, MO
Profitable Wedding & Event Venue with Onsite Lodging
North Carolina
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
Event / Wedding Venue Business with 4 Acre Property in Miami, FL Area
REAL ESTATE INCLUDED
Miami, FL
jim peang
Greenmount Properties LLC
Serving Baltimore County, MD
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Concert, Event, Wedding Venue, Bar, Restaurant, with Acreage
REAL ESTATE INCLUDED
Minnesota
Profit in Charleston's Wedding Market — Event Décor Biz, Financing
Charleston, SC
Gala Reception Hall , Night Club, Bar, Pool Hall & Venue
$720,000
West Palm Beach, FL
20 % Cap Rate Family Entertainment Business For Sale !!
Houston, TX
Established Event Venue Business for Sale
Hidalgo County, TX
Virsa Restaurant and Banquet Hall
Elk Grove, CA
Indian Restaurant with Bar and Banquet Hall 200+ Capacity
Baltimore County, MD
Full Service Kitchen Catering Banquet Hall
Yuba City, CA
Winery and Event Space in MO
Saint Louis, MO
Historic Event Center
Youngstown, OH
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 | 66 |
| 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 Quartile | Median | Upper 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.
| Bound | Revenue | Seller’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.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.60 | 1.93 |
| Median | 0.87 | 3.51 |
| Upper Quartile | 1.92 | 5.82 |
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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