REAL ESTATE INCLUDED
Hartford County, CT
Banquet Halls For Sale
Industry Info
Beloved Local Restaurant and Banquet Room with Loyal Customer Base
Successful Busy Banquet Facility & Italian Restaurant.
Hudson County, NJ
Turnkey, Fully Equipped DineIn/Delivery/Catering/Event Hall Restaurant
Asset Sale
Lawrenceville, NJ
Nassau Restaurant & Catering Hall | 48-Year History | Lease or Buy RE
Asset Sale
Oceanside, NY
Fully equip your Restaurant, Catering, or Rentals business
Asset Sale
East Weymouth, MA
Banquet Hall - SW Houston
Asset Sale
Houston, TX
Restaurant and banquet hall
Asset Sale
West Bloomfield, MI
Established Catering & Event Venue for Sale
Asset Sale
Dutchess County, NY
Huge Assemblage of Party Rental Supplies & Equipment- ASSET SALE!
Asset Sale
Miami-Dade County, FL
Brewery Assets and Social Space Available
Asset Sale
Minnesota
Wedding Boutique and Party Planning Close-out
Asset Sale
Porter, TX
Venue & Event Space - Asset Sale, Second Generation
Asset Sale
Oakland, CA
Turnkey Modern Indian Restaurant – Event Space Included
Asset Sale
Anaheim, CA
Weddings, Events and overnight stays
$629,000
Jackson, MO
Eastpointe - Freestanding Banquet Hall/Event Center
Lease Only
Eastpointe, MI
Rustic Banquet Hall/Restaurant / Dance Hall on TX-105 Navasota, TX
Real Estate Only
Navasota, TX
Charles Patawaran, CCIM
Gatsby Advisors
Serving Harris County, TX
Gatsby Advisors Brokerage, led by Charles Patawaran, CCIM — President & Janitor, helps high-net-worth investors and entrepreneurs acquire, scale, and exit cash-flowing businesses and commercial real estate. As one of the youngest CCIM brokers in the U.S., Charles brings a unique mix of investment banking mindset and deal-maker grit to every transaction. Our fully refundable retainer model ensures mutual commitment and results. We don’t compete for clients — we partner with serious investors ready to build wealth, buy freedom, and close with confidence.
Contact me
Turnkey Wedding & Events Venue with Real Estate Included
Real Estate Only
Tarrant County, TX
#1722 - Turnkey Banquet Venue with RE, Liquor License and Lake Views
Real Estate Only
Belvidere, NJ
7254 Foothill Blvd, Tujunga Restaurant/Banquet Space
Lease Only
San Fernando, CA
Elegant Banquet Hall and Restaurant for sale (REAL ESTATE INCLUDED)
Real Estate Only
Hartford County, CT
Chateau Along Niagara Wine Trail
Real Estate Only
Lockport, NY
19 +/- acre Waterfront Development Opportunity, Chain O" Lakes, IL
Real Estate Only
Fox Lake, IL
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 |
|---|---|---|
| $212,500 | $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 | 0.59 | 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 $212,500 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 0.59 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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