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Banquet Halls For Sale

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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

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

Hospitality & Events Business w/ Owned Real Estate *SBA Pre-Approved

REAL ESTATE INCLUDED

St Lucie County, FL

Established Treasure Coast hospitality and events platform featuring an event venue, catering operations, banquet infrastructure, food and beverage service, and owned real estate in Port St. Lucie,...

$3,200,000

$3,200,000

Cash Flow: $404,341

REAL ESTATE INCLUDED

Profitable Wedding Venue with Strong Cash Flow & Upside Potential

REAL ESTATE INCLUDED

Illinois

This established wedding venue presents a compelling investment opportunity in Illinois' thriving event hospitality sector. The business demonstrates exceptional operational performance with bookings...

$3,900,000

$3,900,000

Cash Flow: $447,000

REAL ESTATE INCLUDED

Established Event Rental Company | $427K SDE | $750K Assets

Miami, FL

Established and reputable event rental company serving South Florida, offering a full range of equipment for weddings, corporate events, private parties, festivals, and large-scale productions. The...

$1,700,000

$1,700,000

Cash Flow: $427,115

Event Center & Restaurant w/ Multi-Family Invest. & PA Liquor License

Erie County, PA

Highly profitable special event center & restaurant with multi-family investment & Pennsylvania liquor license available for sale in Erie, PA. Offering includes an established event venue and...

$2,895,000

$2,895,000

Well Established High Volume Event Center with Big Profits

Pasadena, TX

Imagine walking into your own stunning 11,000 square foot wedding venue in Pasadena, just minutes from downtown Houston. This isn't just any event space - it's a modern industrial gem that's been...

$650,000

$650,000

Cash Flow: $298,000

Weddings, Events and overnight stays

$629,000 - Jackson, MO

$629,000

Jackson, MO

Wedding & Event venue

REAL ESTATE INCLUDED

Murfreesboro, TN

Stone Gate Farm Wedding & Event Venue represents a premier hospitality opportunity situated on a meticulously maintained 20-acre estate in Murfreesboro, Tennessee. Located just seven miles from...

$2,200,000

$2,200,000

REAL ESTATE INCLUDED

Price Lowered - Established 30 yrs. - Children’s Party Venue

Bellerose, NY

This established children's party venue and creative arts center represents a compelling acquisition opportunity with over three decades of continuous operation and brand recognition on Long Island....

$90,000

$90,000

Cash Flow: $38,000

Gregory Kovsky

IBA

Serving King County, WA

One of the primary engines powering the Pacific Northwest economy are the privately held and family owned manufacturing plants, wholesale & distribution companies, retail businesses, technology firms, service companies, wineries & hospitality businesses, and professional practices that operate within the borders of Washington, Oregon, & Idaho. IBA has successfully negotiated and facilitated the sale over 4400 companies from almost twenty general industry categories since 1975. Our past transactions have included retail businesses in regional malls, marine oriented manufacturing plants in coastal communities, celebrity owned restaurants, cat oriented veterinary hospitals, software & E commerce businesses, franchises, promotional product companies, accounting practices, neighborhood florist shops, art galleries, and even a wholesale balloon distributor. The simple fact is that IBA in almost half a century of representing business owners has sold almost every type of business that participates in the Pacific Northwest economy. This transactional experience provides IBA’s professional business brokers with the market knowledge required to successfully complete transactions for our clients that accurately incorporate current market conditions and industry specific information.

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Wedding and Event Venue with Restaurant and Winery

Plymouth County, MA

Well-established hospitality business built around a busy wedding and private event venue, with additional revenue from an on-site restaurant and winery. The event side of the business is the main...

$2,900,000

$2,900,000

Cash Flow: $410,000

Moneymaking Italian Restaurant

Fairless Hills, PA

Imagine yourself as the proud owner of this thriving Italian restaurant that's been serving authentic cuisine to a devoted community in Fairless Hills. You'll love how this established gem combines...

$396,000

$396,000

Cash Flow: $266,000

20years Established Wedding & Event Center

Salt Lake City, UT

Established Wedding & Event Center - 20+ Years of Proven Success This premier event venue represents a rare acquisition opportunity in Utah's hospitality market. Operating continuously under...

$400,000

$400,000

Cash Flow: $130,000

Movie Television Staging Manufacturer

Orange County, FL

Manufacturer and Staging Business Established 31 years Does staging< TV Sets, and Movie Sets Facility is 36000 SQ. Ft. of building 2 acres of land...

$2,100,000

$2,100,000

Cash Flow: $1,121,000

Semi-Absentee Downtown Event Space For Sale

Las Vegas, NV

Turnkey, semi-absentee event space, located in a highly desired area. The venue features two 800 sq ft event rooms that can be rented separately or combined, creating flexible booking options and...

$59,999

$59,999

Cash Flow: $37,708

Turnkey Service Business with Consistent Demand & Growth Potential

North Carolina

Brand new redesigned and build out, $600K in assets. No expense spared for Audio Visual, Chairs, Tables, Kitchen and large Foyer. Move quickly this will not last. All certifications and licenses...

$2,000,000

$2,000,000

Full service restaurant in Danville for sale

Danville, CA

Step into a turnkey restaurant opportunity that delivers both financial performance and operational flexibility. This established Danville restaurant generates $1.2M in annual sales while offering...

$550,000

$550,000

Turnkey All-Inclusive Event Venue and Planning Business

Bexar County, TX

Strong Forward Book of Business This is a rare opportunity to acquire a well-established, full-service event venue and planning company known for delivering exceptional events. The business offers a...

$2,000,000

$2,000,000

Cash Flow: $475,000

Beautiful Newly Renovated Event Venue Business With Real Estate

$2,350,000 - Athens, GA

$2,350,000

Athens, GA

Illinois Bowling Alley and Family Entertainment Center For Sale

REAL ESTATE INCLUDED

Illinois

Imagine yourself owning one of the most beloved entertainment destinations in a thriving town. This isn't just any bowling alley - it's a 20+-year community cornerstone that brings families, students,...

$2,950,000

$2,950,000

EBITDA: $334,000

REAL ESTATE INCLUDED

Long-Established Banquet Hall & Restaurant with Real Estate for sale!!

San Bernardino, CA

Long-Established Banquet Hall and Restaurant with the Real Estate in Inland Empire, CA for Sale. A Legacy of Excellence and Elegance. Seize the Once-in-a-Lifetime Opportunity to Own both, the Business...

$6,800,000

$6,800,000

Massive Event Venue with 2 Floors, Kitchen, Bar, Sound & Lighting

Brooklyn, NY

ESTABLISHED EVENTS VENUE - CROWN HEIGHTS, BROOKLYN This turnkey entertainment venue represents a rare acquisition opportunity in Brooklyn's dynamic Crown Heights market. Operating continuously for 18...

$295,000

$295,000

14 Year Baquet Hall for Sale

Fort Worth, TX

This well-established banquet and event venue has approx. 14 years of continuous operation. The venue has hosted a wide variety of events, including weddings, quinceaneras, bingo events, private...

$100,000

$100,000

Versatile Banquet and Catering Facility with Turnkey Operations

St. Charles County, MO

This well-established full-service banquet and event facility is located in a prime area of St. Charles County, Missouri. For over 25 years, it has hosted a wide variety of events, including weddings,...

$225,000

$225,000

Children's Playground and Party Center

Sun Valley, CA

This established children's playground and party center represents a turnkey entertainment business opportunity in Sun Valley, LA County. The facility operates within the Other Entertainment &...

$40,000

$40,000

Stunning 8,000 sq.ft Banquet Hall & full-service Pakistani Restaurant

Plano, TX

Fine-dine Pakistani/ Asian/ Mediterranean restaurant tailored to meet the expectations of Desi families as well as American community. it provides the luxury of A family restaurant and a game zone...

$1,400,000

$1,400,000

Hollybrook Banquet & Event Center

REAL ESTATE INCLUDED

Spencer, NY

Hollybrook Banquet & Event Center Wedding & Event Growth Opportunity The banquet center is in excellent condition with everything needed to continue as same including kitchen equipment, utensils,...

$725,000

$725,000

REAL ESTATE INCLUDED

Own a Catering & Event Venue in the Hamptons with $400k Down

Suffolk County, NY

Opportunities are often described as rare and unique; however, in this case, the description truly applies. This is a one-of-a-kind, irreplaceable catering and event venue located in a AAA, highly...

$800,000

$800,000

Established Houston Reception Hall with Loyal Client Base

Houston, TX

This well-established event venue in Katy, Texas, specializes as a reception hall with all party services available, making it a prime opportunity for a buyer looking to enter the thriving event...

$140,000

$140,000

Cash Flow: $120,000

Iconic Live Music Theatre and Event Center

$3,500,000 - Colorado Springs, CO

$3,500,000

Colorado Springs, CO

Turnkey Banquet Hall with Strong Event Revenue Potential

Collin County, TX

This is a turnkey banquet and event venue opportunity featuring a modern 2,000 sq ft space with a guest capacity of up to 105, ideal for corporate events, networking functions, wedding receptions,...

$150,000

$150,000

Multiple Event Venues wReal Estate-Middle TN-Highly Successful-TurnKey

REAL ESTATE INCLUDED

Tennessee

This offering presents a rare opportunity to acquire a turnkey portfolio of multiple award-winning event venues located in Middle Tennessee. The transaction encompasses the individual business...

$9,900,000

$9,900,000

Cash Flow: $808,700

REAL ESTATE INCLUDED

Gates/Chili Area Bar, Restaurant, Party Room

Rochester, NY

Looking for your next big move? This established, profitable business is ready for new ownership. Fully operational, loyal customer base, and proven systems in place. Don't miss out!...

$165,000

$165,000

Dazzling Wedding Venue in beautiful Finger Lakes

REAL ESTATE INCLUDED

Ithaca, NY

Completely Turn-Key 15,000+ SF Banquet & Event Center on a picturesque 7.95+/- acres fully set-up both inside and out to accommodate up to 300 guests. All equipment & furnishings to operate business...

$1,097,000

$1,097,000

REAL ESTATE INCLUDED

Elegant Banquet Hall with Real Estate – Host Unforgettable Events

REAL ESTATE INCLUDED

Tarrant County, TX

We’re offering a rare opportunity to own a thriving, stand-alone banquet and event venue in a high-visibility location within the Dallas-Fort Worth metroplex. Conveniently accessible from multiple...

$9,200,000

$9,200,000

Cash Flow: $100,000

REAL ESTATE INCLUDED

Banquet Hall in Plano

Plano, TX

**Banquet Hall in Plano – Perfect Venue for Events & Celebrations** Located in the heart of Plano, this spacious banquet hall offers an elegant and versatile setting for weddings, corporate events,...

$409,000

$409,000

Cash Flow: $90,000

Bucks County Restaurant/Bar/Events Venue

REAL ESTATE INCLUDED

Chalfont, PA

Restaurant, Bar, Venue See Website 1720chalfont.com...

$2,100,000

$2,100,000

EBITDA: $300,000

REAL ESTATE INCLUDED

Banquet & Catering Hall Business for Sale

Chester County, PA

This is a rare opportunity to acquire a well-established, fully equipped banquet and catering hall in the heart of Montgomery County. Known for hosting weddings, corporate events, private parties, and...

$325,000

$325,000

Cash Flow: $130,000

David Wright, Esq.

Lawyers Realty Co., LLC

Serving St. Louis County, MO

Lawyers Realty Co. LLC is a boutique sized real estate and business brokerage company. We specialize in coming up with the best real estate and the best business solutions to maximize the value of our client's real estate and business assets. We have particular specialty and emphasis on a broad range of real estate asset classes, restaurants, and other business types. We possess the ability to figure out the best solution and possess the integrity, honesty and passion to do the best job for our clients.

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Historic 19 Room Inn with Endless Possibilities in Central IL

REAL ESTATE INCLUDED

Illinois

Discover this extraordinary property, where historic charm meets modern convenience. Located in the heart of Central Illinois, this unique offering includes: • 13 beautifully appointed guest rooms,...

$2,700,000

$2,700,000

REAL ESTATE INCLUDED

Event Venue

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

$400,000

Missouri Event Venue within Gated Vacation Resort Development

$2,500,000 - Camdenton, MO

$2,500,000

Camdenton, MO

Banquet Hall for sale in Miami. Florida. Open since 1983..

Miami, FL

For sale in Miami, Florida, Beautiful Banquet Hall. - Year Established: 1983 (41 years in business). - Located in: Miami Dade County. - Events: Wedding, birthday parties, baby showers, baptisms,...

$275,000

$275,000

Cash Flow: $72,500

Beloved Local Restaurant and Banquet Room with Loyal Customer Base

REAL ESTATE INCLUDED

Hartford County, CT

Cozy, local restaurant for sale as an established local gem with a loyal customer base, known for its warm atmosphere and welcoming environment. Perfect for aspiring restaurateurs or investors looking...

$2,400,000

$2,400,000

REAL ESTATE INCLUDED

Successful Busy Banquet Facility & Italian Restaurant.

Hudson County, NJ

In business for over 20 years. Excellent reputation Very busy restaurant & bar. Beautifully decorated restaurant and bar area with 2 full kitchens built to handle high volume. 140 Seat restaurant....

$1,000,000

$1,000,000

EBITDA: $434,100

Turnkey, Fully Equipped DineIn/Delivery/Catering/Event Hall Restaurant
Asset Sale

Lawrenceville, NJ

A fully equipped, permitted and trading full-service Indian restaurant facility on the Quakerbridge Road corridor in Lawrence Township, Mercer County, offered as a business asset sale at $175,000...

$175,000

$175,000

Nassau Restaurant & Catering Hall | 48-Year History | Lease or Buy RE
Asset Sale

Oceanside, NY

PRICE REDUCED! ICONIC 48-YEAR-OLD RESTAURANT, BAR & CATERING HALL — TURNKEY ASSET SALE REAL ESTATE CAN BE PURCHASED Asset Sale | Southern Nassau County, NY | Owner Retiring After Nearly Five Decades A...

$399,000

$399,000

Fully equip your Restaurant, Catering, or Rentals business
Asset Sale

East Weymouth, MA

Opportunity to acquire a vast array of furniture, fixtures and equipment ideal for a restaurant, catering or events business at substantially below fair market value. The following items are included...

$75,000

$75,000

Banquet Hall - SW Houston
Asset Sale

Houston, TX

This is an event venue in Southwest Houston, Texas. The venue is an affordable banquet hall for weddings, quinceañeras, engagement parties, birthdays, anniversaries, graduations, and other...

$220,000

$220,000

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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