Fort Worth, TX
Banquet Halls For Sale


St. Charles County, MO

Sun Valley, CA

Plano, TX
REAL ESTATE INCLUDED
Spencer, NY
Suffolk County, NY
Houston, TX
Collin County, TX
REAL ESTATE INCLUDED
Tennessee
Rochester, NY
Pittsburgh, PA
REAL ESTATE INCLUDED
Chicago, IL
REAL ESTATE INCLUDED
Ithaca, NY
Event Center & Warehouse on 15 Acres
$1,995,000
Grove, OK
REAL ESTATE INCLUDED
Tarrant County, TX
Plano, TX
Tony Shurter
First Choice Business Brokers
Serving Bernalillo County, NM
Since 1994 First Choice Business Brokers has created successful Business Sale Transactions by: - A consultive approach with both Buyer and Seller from valuation through transfer of ownership, always creating a win-win outcome. - Negotiating between Buyer and Seller by keeping their end goal in mind which is a smooth transition of ownership with terms that are acceptable to both. - Facilitating the sale by being a conduit of information between Buyer and Seller. - Navigating the process between Buyer, Seller, Closing Entity and Lenders. I listen, apply my knowledge, and prioritize your needs. From inquiry to close I am committed to confidentially serving my clients. If you're looking to buy or sell a business, don't settle for anything less than my professional, experienced business intermediaries. Business owners, when it is time to reap the rewards of your years of hard work, plan to enhance your business' value with effective pre-sale planning , market positioning and optimized deal structure. Your approach to selling your business will determine your legacy. My passionate team of professionals and our comprehensive processes will get the job done.
REAL ESTATE INCLUDED
Chalfont, PA
REAL ESTATE INCLUDED
Homestead, FL
Chester County, PA
REAL ESTATE INCLUDED
Illinois
Bowling Green, KY
Dallas, TX
Miami, FL
REAL ESTATE INCLUDED
Hartford County, CT
Luxury Harbor Dinner Cruise & Private Event Business – 2 Vessels
$5,000,000
Ventura County, CA
REAL ESTATE INCLUDED
St. Louis County, MO
Hudson County, NJ
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 62 |
| Asking Price | $600,000 |
| Reported Revenue | $550,000 |
| Reported Seller's Discretionary Earnings | $164,742 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $250,000 | $600,000 | $2,100,000 |
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 | $364,528 | $92,500 |
| Median | $550,000 | $164,742 |
| Upper Quartile | $1,110,293 | $284,326 |
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 | 0.64 | 2.07 |
| Median | 0.94 | 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 $600,000, though prices range from under $250,000 to well over $2,100,000.
How much do Banquet Halls owners earn?
The median reported revenue of Banquet Halls is $550,000 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 0.64 to 1.92, with a median of 0.94. Earning multiples range from 2.07 to 5.82, with the median at 3.51. This means the typical Banquet Hall may ask for around 0.94 times its annual revenue, and 3.51 times its annual owner earnings.
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