Plano, TX
$409,000
Banquet Halls For Sale
Industry Info
Banquet Hall in Plano
Bucks County Restaurant/Bar/Events Venue
REAL ESTATE INCLUDED
Chalfont, PA
$2,100,000
Profitable Event and Wedding Venue Business with Real Estate included
REAL ESTATE INCLUDED
Homestead, FL
$4,900,000
Fully functioning Banquet Hall. Recently updated. With Parking fo 31+
Chicago, IL
$1,850,000
Fully Equipped and Reputable Banquet Hall for Sale!
Orlando, FL
$300,000
Own the Business and the Building - The Mad Hatter, South Shore, MA
Norfolk County, MA
$300,000
Historic 19 Room Inn with Endless Possibilities in Central IL
REAL ESTATE INCLUDED
Illinois
$2,700,000
Event Venue
Bowling Green, KY
$400,000
Stunning, Absentee Wedding Venue
Dallas, TX
$500,000
Banquet Hall for sale in Miami. Florida. Open since 1983..
Miami, FL
$275,000
Turnkey Wedding and Event Center!
REAL ESTATE INCLUDED
Minnesota
$614,000
Beloved Local Restaurant and Banquet Room with Loyal Customer Base
REAL ESTATE INCLUDED
Hartford County, CT
$2,400,000
All-Inclusive Wedding/Event Center & Property
REAL ESTATE INCLUDED
Utah
$5,000,000
Established Southern California Wedding Company – Turnkey & Profitable
$295,000
San Diego, CA
Distillery and Huge Event center for sale
REAL ESTATE INCLUDED
San Bernardino County, CA
$4,500,000
Winery and Banquet Center- Less Than One Hour from St. Louis
REAL ESTATE INCLUDED
St. Louis County, MO
$1,200,000
Dr. & Eileen Prudhont
The Business Brokers, LLC. in NV. & The Business Brokers, Inc. in CA
Serving Clark County, NV
Dr. John and Eileen have been helping Buyers and Sellers of Businesses, Franchises, Commercial and Residential Investment Real Estate for over, a combined, 50 years. Our extensive Business Brokerage experience includes: ATM & Vending Businesses E-Commerce Businesses Restaurants and Bars/Taverns C-Stores, Liquor Stores Gas Stations, both Un-Branded and Branded Both Re-sale and New Franchises Fitness/Gyms Bars and Restaurants Automotive Repair Shops, Tire Retail & Repair/Replacement Shops and Oil Change Facilities Retail and Service Businesses including Interior Design, Furniture, Home Decor and more Medical Businesses including Podiatry, Chiropractic, Orthopedic, ASC's and more Fashion and High Fashion Clothing Stores Real Property, Land and Business Combination Sales Commercial Real Estate Lease Negotiation and Sales and so many more! Please call for us details. In NEVADA: The Business Brokers, LLC. is a Business Brokerage with Dr. John & Eileen Prudhont as Principals/Business Brokers In CALIFORNIA: The Biz Brokers, Inc. is a Business Brokerage with Dr. John & Eileen Prudhont as Vice President & President/Business Brokers We serve all of all of Nevada from our Las Vegas, NV office & California from our Newport Beach, CA office. Eileen: NV DRE: BUSB.0006956.BKR. |. Eileen: CA BRE: 01307577 John: NV DRE: BUSB.0006958.BKR. | John: CA BRE: 01178776 Nevada: 5510 S Fort Apache Rd. Ste. 451 Las Vegas, NV 89148, Phone: 702-802-8090 California: 301 Bayview Circle, Suite 104, Newport Beach, CA 92660, Phone: 661-347-6985
Contact me
Successful Busy Banquet Facility & Italian Restaurant.
Hudson County, NJ
$1,000,000
Asset SaleHuge Assemblage of Party Rental Supplies & Equipment- ASSET SALE!
Miami-Dade County, FL
$5,400,000
Asset SaleBrewery Assets and Social Space Available
Minnesota
$650,000
Asset SaleWedding Boutique and Party Rental Facility Inventory Close Out
Porter, TX
$83,250
Asset SaleFormer Vietnamese restaurant/ banquet
Warren, MI
$350,000
Asset SaleVenue & Event Space - Asset Sale, Second Generation
Oakland, CA
$150,000
Asset SaleTurnkey Event Venue in Southampton | 16,000 Sq Ft | Seller Financing
Southampton, NY
$1,500,000
Asset SaleTurnkey Modern Indian Restaurant – Event Space Included
Anaheim, CA
$299,000
Missouri Event Venue within Gated Vacation Resort Development
$6,000,000
Camdenton, MO
Asset SaleBanquet Hall & Restaurant
Warren, MI
$2,299,999
Real Estate2 Commercial Retail Buildings Selling As 1 Package at Online Auction
Fayette, OH
$10,000
Real EstatePrivate Ozark paradise of luxury income potential
Hackett, AR
$5,900,000
Real Estate7254 Foothill Blvd, Tujunga Restaurant/Banquet Space
San Fernando, CA
Not Disclosed
Real Estate#1722 - Turnkey Banquet Venue with RE, Liquor License and Lake Views
Belvidere, NJ
$850,000
Real EstateCartier Ultralounge and banquet for sale.
Detroit, MI
$225,000
Real EstateLarge Banquet Hall, Office Corner, Restaurant For Sale
Alpharetta, GA
$5,950,000
Real EstateElegant Banquet Hall and Restaurant for sale (REAL ESTATE INCLUDED)
Hartford County, CT
$2,499,000
Real EstateChateau Along Niagara Wine Trail
Lockport, NY
$650,000
Real Estate19 +/- acre Waterfront Development Opportunity, Chain O" Lakes, IL
Fox Lake, IL
$4,555,000
Turnkey Wedding Venue and Event Space in Clearwater
$10,000
Clearwater, FL
Buy or Sell a Banquet Hall
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 59 |
| Median Asking Price | $690,000 |
| Median Reported Revenue | $708,000 |
| Median Reported Seller's Discretionary Earnings | $181,091 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $292,500 | $690,000 | $2,250,000 |
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 | $350,080 | $100,000 |
| Median | $708,000 | $181,091 |
| Upper Quartile | $1,200,000 | $306,727 |
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 | 0.71 | 2.49 |
| Median | 0.94 | 3.33 |
| Upper Quartile | 2.87 | 6.01 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Banquet Hall?
The median asking price for an established Banquet Hall is $690,000, though prices range from under $292,500 to well over $2,250,000.
How much do Banquet Halls owners earn?
The median reported revenue of Banquet Halls is $708,000 and owners earn a median of $181,091, 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 0.71 to 2.87, with a median of 0.94. Earning multiples range from 2.49 to 6.01, with the median at 3.33. This means the typical Banquet Hall may ask for around 0.94 times its annual revenue, and 3.33 times its annual owner earnings.
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