King County, WA
$250,000
King County, WA
$250,000
Fulton County, IL
$10,000
Islamorada, FL
$250,000
REAL ESTATE INCLUDED
Crawford County, PA
$1,250,000
Providence County, RI
$2,745,000
Rogers County, OK
$695,000
Texas
Renton, WA
$125,000
Weber County, UT
$124,995
Marco Island, FL
$3,000,000
Portland, ME
$1
Lancaster County, PA
$675,000
REAL ESTATE INCLUDED
Lorain County, OH
$1,500,000
$102,000
Grand Blanc, MI
Virginia
$190,000
San Diego County, CA
$340,000
Jason Sanders
First Midwest Advisors
Serving Jackson County, MI
First Midwest Advisors, LLC (https://firstmidwestadvisors.com/) First Midwest Advisors utilizing 25 years of corporate experience to represent sellers and buyers of small to medium sizes business from a variety of industries. We assist business owners on various types of transactions through the Mergers and Acquisition process. First Midwest Advisors works with businesses looking to exit their business or seeking to expand with a strategic acquisition. We evaluate strategic and financial goals by taking the time to listen to our clients’ short- and long-term needs, and then we develop a comprehensive plan for an exit or acquisition strategy to achieve their goals.
South Miami, FL
$120,000
Cabell County, WV
$1,750,000
REAL ESTATE INCLUDED
Logan County, KY
$3,076,700
Santa Rosa Beach, FL
$799,999
Pittsburgh, PA
$595,000
Lynnwood, WA
$80,000
Cedar Rapids, IA
$99,000
Boston, MA
Cash Flow: $49,944
$115,000
Middlesex, NJ
Miami Beach, FL
$3,400,000
Oklahoma City, OK
$188,000
REAL ESTATE INCLUDED
Tarrant County, TX
$9,200,000
Plano, TX
$1,200,000
REAL ESTATE INCLUDED
Ohio
$5,100,000
Fort Bend County, TX
$50,000
REAL ESTATE INCLUDED
Greenwood County, SC
$985,000
Ohio
$300,000
Houston, TX
$199,995
Los Angeles, CA
$150,000
$50,000,000
Rutherford County, TN
$275,000
Miami, FL
$500,000
West Hollywood, CA
$2,000,000
REAL ESTATE INCLUDED
Wisconsin
$1,700,000
Sedona, AZ
$150,000
West Palm Beach, FL
$265,000
Utica, MI
$650,000
Suffolk County, MA
$20,000
Ruly Couch
The Restaurant Brokers
Serving Maricopa County, AZ
The Restaurant Brokers is a commercial real estate and business brokerage firm that specializes in the purchase, sale and lease of restaurants, bars, nightclubs and associated food and beverage related businesses. Established in 1980, The Restaurant Brokers have brokered thousands of transactions and provide services to buyers, sellers, landlords and tenants on a multitude of levels. With over forty years of unparalleled success and a client list that reads like a “who’s who” of the Arizona restaurant, bar and nightclub industry, The Restaurant Brokers is absolutely the best resource available for buying, selling or leasing a restaurant, bar, nightclub or associated business in the Phoenix metro market.
Saint Louis, MO
$249,000
Carroll County, AR
$40,000
$500,000
North Hampton, NH
Port Arthur, TX
$42,000
REAL ESTATE INCLUDED
Mohave County, AZ
$1,100,000
Nashville, TN
$249,000
REAL ESTATE INCLUDED
Longs, SC
$4,650,000
REAL ESTATE INCLUDED
North Kingstown, RI
$2,995,000
Currituck County, NC
$3,600,000
REAL ESTATE INCLUDED
Currituck County, NC
$4,600,000
Making the decision to buy a recreation business or find the right entertainment business that’s for sale can make your professional life a lot more rewarding. Based on reports from the Bureau of Labor Statistics (BLS), consumers spent over $200 billion on entertainment in the United States.
Arts, entertainment and recreation is a vast industry earning almost $310 billion annually and covering over 1.5 million businesses nationwide. The expected industry-wide growth forecast through all businesses and sub-sectors average among the two-percentile range. That offers a lot of positive reinforcement for those looking to buy a recreation business or entertainment business for sale. These sub-sectors include:
Pricing and Valuation Trends
Entertainment and recreation businesses continue to see valuations rise. The median sale price for businesses sold in 2023 rose 5.3% year-over-year, hitting $400,000. 113 businesses in the sector representing $139 million of estimated enterprise value.
Restaurant Asking and Sale PricesYear Sold | Median Asking Price | Median Sale Price |
2018 | $262,500 | $207,500 |
2019 | $320,000 | $260,000 |
2020 | $149,000 | $135,000 |
2021 | $337,000 | $289,950 |
2022 | $339,500 | $380,000 |
2023 | $469,000 | $400,000 |
Sell Your Entertainment and Recreation Business
If you are considering selling your entertainment and recreation business, knowing its value is key to developing a successful exit plan. For guidance on valuing and selling your business, refer to our guide, How To Value & Sell an Entertainment and Recreation business.