Cutler Bay, FL
Banquet Halls For Sale

Bergen County, NJ

Poquoson City County, VA

Lockport, NY
Bellingham, WA
Riverside County, CA
REAL ESTATE INCLUDED
Lyons, IL
REAL ESTATE INCLUDED
Cuyahoga County, OH
REAL ESTATE INCLUDED
St Lucie County, FL
REAL ESTATE INCLUDED
Illinois
Miami, FL
Erie County, PA
Pasadena, TX
Weddings, Events and overnight stays
$629,000
Jackson, MO
REAL ESTATE INCLUDED
Murfreesboro, TN
Bellerose, NY
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.
Plymouth County, MA
Fairless Hills, PA
Salt Lake City, UT
Orange County, FL
Las Vegas, NV
North Carolina
Danville, CA
Bexar County, TX
Beautiful Newly Renovated Event Venue Business With Real Estate
$2,350,000
Athens, GA
REAL ESTATE INCLUDED
Illinois
San Bernardino, CA
Brooklyn, NY
Fort Worth, TX
St. Charles County, MO
Sun Valley, CA
Plano, TX
REAL ESTATE INCLUDED
Spencer, NY
Suffolk County, NY
Houston, TX
Iconic Live Music Theatre and Event Center
$3,500,000
Colorado Springs, CO
Collin County, TX
REAL ESTATE INCLUDED
Tennessee
Rochester, NY
REAL ESTATE INCLUDED
Ithaca, NY
REAL ESTATE INCLUDED
Tarrant County, TX
Plano, TX
REAL ESTATE INCLUDED
Chalfont, PA
Chester County, PA
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.
REAL ESTATE INCLUDED
Illinois
Bowling Green, KY
Missouri Event Venue within Gated Vacation Resort Development
$2,500,000
Camdenton, MO
Miami, FL
REAL ESTATE INCLUDED
Hartford County, CT
Hudson County, NJ
Lawrenceville, NJ
Oceanside, NY
East Weymouth, MA
Houston, TX
| 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 |
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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