Illinois

Entertainment and Recreation Businesses For Sale in Illinois

Showing 51 results sorted by
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Established Reception Hall w/ Video Gaming & 2 Bars! Growth Potential!

Thomson, IL

Majestic Pines Lounge & Event Center represents a turnkey opportunity to acquire a thriving performance venue, bar, and wedding destination in Thomson, IL. Since 2015, this well-established business...

$1,650,000

11

$1,650,000

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Industry-Leading Indoor Family Entertainment Center - Western Illinois

Illinois

Industry-Leading Family Entertainment Center for sale in Western Illinois. Capitalize on the fast-growing family entertainment industry with an established location backed by a nationwide brand. The...

$150,000

Cash Flow: $180,000

$150,000

Cash Flow: $180,000

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Luxury wedding and event space

REAL ESTATE INCLUDED

Aurora, IL

Company 251 is one of the premier wedding and event venues in the western suburbs, featuring 50,000 sq. feet of stunning warehouse renovations! Paired together this very successful event business is...

6

$2,800,000

$2,800,000

REAL ESTATE INCLUDED

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Indoor Golf Simulators

Columbia, IL

INDOOR GOLF SIMULATORS WITH BAR/CLUBHOUSE - COLUMBIA, IL Turnkey indoor golf simulation facility with full-service bar and clubhouse in Columbia, Illinois. This entertainment venue combines...

3

$250,000

$250,000

Reindeer Ranch Business + Property

REAL ESTATE INCLUDED

Rantoul, IL

Welcome to Hardy's Reindeer Ranch where the North Pole meets the Wild (Mid) West. This is an extraordinary investment opportunity to own and operate one of Central Illinois' most beloved tourist...

6

$1,475,000

$1,475,000

Cash Flow: $348,650

REAL ESTATE INCLUDED

Gaming Cafe for Sale

South Chicago Heights, IL

Gaming Cafe and Bar located in a desirable, high-visibility area, next to two big box retailers. This beautifully updated space offers a welcoming and modern atmosphere in a high traffic area. The...

$120,000

$120,000

Virtual Reality Park

Cook County, IL

Willing to sell just the equipment! Have 15 machines, will help with transportation/shipping. For sale is a very cool/unique virtual reality center. 6000sqf open area, brand new equipment, under...

3

$150,000

$150,000

Profitable Business with 28 years of goodwill for Sale!

Wheaton, IL

Established Balloon & Event Décor Store for Sale – Owner Retiring ROCK BOTTOM PRICE: 24K reduction from 48K to 24K. Option to - "Lease the place or Start Fresh" is also available. An exciting...

2

$24,000

$24,000

Gaming Cafe with Full Bar

Lake County, IL

modern gaming café and bar. Fully furnished with updated décor, bar fixtures, gaming machines and seating. Sale includes TVs, sound system, POS system, refrigeration, coolers, kitchen/bar equipment...

$149,000

$149,000

Rapidly Growing Sports Franchise Opportunity in Chicago

Lombard, IL

Are you passionate about youth sports and looking for a dynamic business opportunity in Chicago? This rapidly growing Skyhawks Sports franchise offers a solid foundation with impressive revenue growth...

4

$250,000

$250,000

EBITDA: $50,000

Established Event Rental Company with Proven Systems

Bloomington, IL

Let’s Party Rental Center is Central Illinois’s leading full-service event rental company, proudly serving a 60-mile radius from Bloomington since its founding. The business provides high-quality...

6

$449,000

$449,000

Cash Flow: $150,000

Premier Firearm Retailer & Shooting Range for Sale in Illinois

Illinois

This is a unique opportunity to acquire a highly profitable and well-established firearm retailer and indoor shooting range in Illinois. The business has been serving customers for decades and is...

$11,800,000

$11,800,000

Cash Flow: $2,845,525

Long-Established Bar & Grill with Gaming & Rental Income Potential – R

REAL ESTATE INCLUDED

Illinois

Well-established bar and grill in a growing Illinois town, operating for over 42 years. Features include six gaming machines generating $169K annually/Location Share $50K annually, pool tables, and a...

$385,000

$385,000

Cash Flow: $60,000

REAL ESTATE INCLUDED

Long-Established Restaurant & Bar w/Gaming & Banquet Rms-Property Incl

REAL ESTATE INCLUDED

McHenry County, IL

Offering an incredible menu of prime rib, steaks, seafood, broasted chicken and more. In addition to hearty sandwiches, Italian favorites, house specialties and homemade desserts. Plus, delicious...

$1,400,000

$1,400,000

REAL ESTATE INCLUDED

Beautiful Event Center/Tavern/Nightclub

Lake County, IL

Beautiful facility on golf course, fully equipped, four unique banquet and party rooms, plus restaurant, bar and nightclub. Perfect for every purpose. Lush views and grounds, convenient Lake County...

$79,000

$79,000

Route Consultant

Route Consultant

Serving Cook County, IL

Our team is the definitive resource in the logistics space. With decades of combined experience working in and with logistics operations and e-commerce investments, our team and industry experts can help you learn how to identify and run route-based operations efficiently to maximize your profits. Headquartered in Nashville, TN, Route Consultant offers extensive consulting services to new and experienced route owners. These services include business valuations, operations/fleet management optimization, route efficiency analysis, and more. We operate as route brokers, maintaining an exclusive listing of routes for sale across the United States. We give each of our route sellers access to a deep pool of qualified and educated buyers.

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Established Space Walk Inflatables Rental Business in Central Illinois

Fulton County, IL

Inventors of Inflatable Fun: Space Walk Inflatables, a pioneer in inflatable entertainment, has been bringing joy to communities since 1959. As the original inventor of the bounce house, Space Walk...

$10,000

$10,000

Playland For Kid's and Teens Center For Sale

Lansing, IL

Proven Entertainment Center...

$500,000

$500,000

Hookah Lounge with Property For sale

Chicago, IL

Call for Details...

$710,000

$710,000

Gaming Lounge & Bar with Slot Machines

Elmwood Park, IL

Well established gaming lounge on hard corner. Lots of potential with over 2500 sq ft. Currently a bar with some food. Up and running since 2017. Owner needs to move on. Take advantage of this unique...

$199,000

$199,000

Cash Flow: $150,000

Profitable Wedding Venue with Strong Cash Flow & Upside Potential

REAL ESTATE INCLUDED

Illinois

This established wedding venue presents a compelling investment opportunity in Illinois' thriving event hospitality sector. The business demonstrates exceptional operational performance with bookings...

$4,441,000

$4,441,000

Cash Flow: $507,460

REAL ESTATE INCLUDED

Revolutionize Amateur Hockey - High Profit Sports Tech Business

Cook County, IL

Are you passionate about hockey and looking for a profitable sports business? Purchase this Drive Hockey Analytics licensed service partner business and earn an additional $70k+ per year! Drive...

$20,000

$20,000

Iconic DT Tinley Restaurant and entertainment establishment for sale.

Cook County, IL

Price lowered, motivated sellers. Gorgeous Full-service restaurant, banquet private room rental, huge outdoor patio. A must-see opportunity. located in Downtown Tinley Park IL in the Southwest Suburbs...

$550,000

$550,000

Well established creative art studio

Chicago, IL

Operating as a 100% absentee owner, the business is perfect for hosting large group events, corporate parties, and interactive creative experiences. With established digital marketing and a strong...

$49,000

$49,000

Cash Flow: $127,000

Restaurant, Bar & Lodging Opportunity w/New Price! #1024

Monroe City, IL

New Price & Seller Motivated! This opportunity benefits from a dual revenue stream - dining and lodging - with consistent clientele from local guests and seasonal visitors. Known for its welcoming...

$39,000

$39,000

Profitable Indoor Golf Simulator Business

Will County, IL

Golf and multisport simulation entertainment for all ages complemented with food, beverages, gaming and merchandise. This established indoor golf entertainment venue combines the excitement of virtual...

$975,000

$975,000

Cash Flow: $204,176

Full-Service Pool Company #1017

Edwardsville, IL

Well established pool supply and service company in Metro St. Louis area has been serving the community for over 40 years. Known for its quality products, exceptional service and expertise in pool...

$850,000

$850,000

Cash Flow: $210,143

Indoor Golf Lounge

Pekin, IL

This indoor golf center offers three golf simulators. You can book online or just go in. It also offers video gaming !!!. There is a beautiful bar for the customers that you will love. It is the...

$195,000

$195,000

Legendary Chicago Nightclub & Bar w/Real Estate ~ Huge Value & Upside!

REAL ESTATE INCLUDED

Chicago, IL

Make this building your own with 6000 sq ft of main floor space to create your own business or purchase the building and keep the business as it is (Currently operating as a night club on one side and...

$1,400,000

$1,400,000

REAL ESTATE INCLUDED

Longstanding Large Restaurant & Banquet Hall SW Suburb - 41 Years!

REAL ESTATE INCLUDED

Cook County, IL

An incredible opportunity to own your own restaurant and banquet hall in an ideal location! Restaurant offers a wide range of dishes including breakfast all-day, fresh salads, homemade soups,...

$1,900,000

$1,900,000

REAL ESTATE INCLUDED

Snow Skiing, Boarding, Tubing & All-Season Event Adventure Park

Illinois

This Midwest outdoor recreation enterprise has a long track record of high profit margins during strong seasonal demand. The 30+acre ski park features 15 ski and snowboard runs, an expansive terrain...

$2,000,000

$2,000,000

Premium 2,400 sq ft Creative Event, Photostudio & Wedding Venue

Chicago, IL

Turn-key 2,400 sq ft creative event & wedding venue in the heart of Chicago. This unique, fully equipped space seamlessly combines a professional photo/video studio with a stylish event venue. The...

$45,000

$45,000

Event Party Rental Company – 30 Years of Success

Will County, IL

For three decades, this well-established event rental company has been the go-to source for everything needed to create unforgettable gatherings. From weddings and corporate events to community...

$560,000

$560,000

Cash Flow: $150,000

Historic Bar For Sale - Gaming Room, NO Food Headaches. Includes R/E

REAL ESTATE INCLUDED

Springfield, IL

Own a piece of Springfield history with this 3,400 sq ft turnkey bar located in a high-visibility area. Recently updated with numerous modern improvements, this well-maintained property is ready for...

$595,000

$595,000

REAL ESTATE INCLUDED

Fully functioning Banquet Hall. Recently updated. With Parking fo 31+

Chicago, IL

Banquet Hall for up to 260 people with parking for 31+ cars Pristine condition recently remodeled. New Bathrooms Parking for 31+ cars with ample street parking Close to 94 and O'Hare Great NW Side...

$1,850,000

$1,850,000

Midwest Waterfront Marina, RV & MH Community

REAL ESTATE INCLUDED

Illinois

A Premier Marina Opportunity on The Chain O' Lakes, nestled along the scenic shores of Grass Lake. 18.69-acre marina facility, boat slips with water hookups, campsite pads with electric and water, and...

$1,800,000

$1,800,000

REAL ESTATE INCLUDED

Multple Banquet Halls Under One Roof

REAL ESTATE INCLUDED

South Suburban, IL

Huge Opportunity, 4 Separate Elegant Diners & Other Income Centers...

$9,999,000

$9,999,000

Cash Flow: $1,345,670

REAL ESTATE INCLUDED

Dirt Racetrack - Over 25 Acres - Hot Deal

Illinois

Here is your rare opportunity to own your own racetrack. It is well established and has been around over 30 years. Seller will train you on the ins and outs of this business. Buyer receives over 25...

$600,000

$600,000

Gaming Parlor

Peoria, IL

This is your opportunity to have your own gaming parlor. It is located in Central Illinois. Rent is only $1200 a month. There is a small bar for customers who are not gaming. You could add food and...

$45,000

$45,000

Historic 19 Room Inn with Endless Possibilities in Central IL

REAL ESTATE INCLUDED

Illinois

Discover this extraordinary property, where historic charm meets modern convenience. Located in the heart of Central Illinois, this unique offering includes: • 13 beautifully appointed guest rooms,...

$2,700,000

$2,700,000

REAL ESTATE INCLUDED

Wedding Production Company

Elmhurst, IL

Step right into your full service event production company! From big events to weddings this company puts on the show and entertainment. Doing what it can to be an all in house production company,...

$1,100,000

$1,100,000

Cash Flow: $258,741

Saba Safiari MBA MA

First Choice Business Brokers - Irvine

Serving DuPage County, IL

At First Choice, we consider our Business Brokers to be our most valuable asset. Each of our agents has undergone professional training to offer unparalleled guidance to both buyers and sellers, taking into account their unique needs. Our agents bring a variety of experiences and backgrounds to the table, but they all share one common goal: to assist buyers and sellers in achieving their dreams of business ownership or a successful exit, whether it's for retirement or other reasons.

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Historic Restaurant, Bar, Coffee Shop, and Event Center In Central IL

REAL ESTATE INCLUDED

Petersburg, IL

Broadgauge was built in 1872 as central illinois’ first “mega-store”, with three stores under one roof, Hardware, Grocery, and Dry Goods. In 2021 Broadgauge was fully restored to its original...

$1,900,000

$1,900,000

REAL ESTATE INCLUDED

Beautiful Bowling Alley with Building - Gaming

Woodford County, IL

Have you always wanted to own your own bowling alley? Now is your chance. This place is an outstanding deal. It is only open about 25 hours a week. It is operated by the owner and one part-time...

$155,000

$155,000

Large Active Sports Bar-Western Suburbs

DuPage County, IL

30 years, established retail clients...

$750,000

$750,000

Cash Flow: $94,462

Central Illinois Multi-Line Powersports Dealership

Illinois

A multi-decade dominator in its market area, this growing and profitable dealership represents several of the best powersports and power equipment brands in the industry. With sales of Motorcycles,...

$2,180,000

$2,180,000

Cash Flow: $636,000

River North Boxing + Fitness - River North Chicago

Chicago, IL

Voted the Best Boxing Fitness Workout in Chicagoland! Modern Luxury CS Magazine April 2024 In 2020, our client opened Mayweather Boxing & Fitness in a PRIME spot in the River North neighborhood of...

$250,000

$250,000

Cash Flow: $100,000

100+ Acre Northern IL Large Scale Development

Fox Lake, IL

The property is being offered as a 100+/- acre redevelopment site. Located in northern Lake County at the gateway to the Chain O’ Lakes State Park. The property presents an opportunity to develop up...

$8,500,000

$8,500,000

IL Chain O' Lakes Marina, Turnkey Business - Two Locations

REAL ESTATE INCLUDED

Illinois

This Marina consists of 2 locations & has over 136 Wet Slips & approximate 40+/- Waverunner Slips with also In & Out Services for clients. Marina facility has multiple buildings for service and indoor...

$5,990,000

$5,990,000

REAL ESTATE INCLUDED

Turn Key children's party rentals business for sale

Arlington Heights, IL

Transform your entrepreneurial dreams into reality with this profitable children's party rental business delivering exceptional returns and lifestyle flexibility. This turnkey operation generates...

$145,000

$145,000

Cash Flow: $80,000

Asset SaleLove Golf? Exclusive Licensing Opportunity

Chicago, IL

Ever dreamed of being your own boss, working in the beautiful setting of a golf course, and making money while you’re at it? This is your chance. Don’t miss this opportunity to license exclusive...

$35,000

$35,000

Asset Sale
Real EstateThe Place to Go, Banquet Hall., Restaurant, Bar & Video Gaming

Country Club Hills, IL

The Hidden Potential...

Not Disclosed

Real Estate

Not Disclosed

Buy or Sell an Entertainment and Recreation Business in Illinois
Market OverviewListed for Sale
Number of Businesses Analyzed14
Median Asking Price$655,000
Median Reported Revenue$541,913
Median Reported Seller's Discretionary Earnings$180,000
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.

Asking Price

Lower QuartileMedianUpper Quartile
$283,750$655,000$1,350,000

Market Financial Highlights

The financial data presented here is an aggregation of reported revenue and earnings of Entertainment and Recreation Businesses for sale in Illinois.

BoundRevenueSeller’s Discretionary Earnings
Lower Quartile$358,250$150,000
Median$541,913$180,000
Upper Quartile$891,395$348,650

Valuation Multiples

The valuation multiples listed below are derived from asking price, revenue, and seller’s discretionary earnings of Entertainment and Recreation Businesses listed for sale in Illinois.

BoundRevenue MultipleEarnings Multiple
Lower Quartile0.692.99
Median1.094.15
Upper Quartile2.146.42
Find out what these types of businesses actually sell for with a BizBuySell Valuation Report

FAQ's

How much does it cost to buy an Entertainment and Recreation Business in Illinois?

The median asking price for an established Entertainment and Recreation Business in Illinois is $655,000, though prices range from under $283,750 to well over $1,350,000.

How much do Entertainment and Recreation Businesses owners in Illinois earn?

The median reported revenue of Entertainment and Recreation Businesses in Illinois is $541,913 and owners earn a median of $180,000, which includes the owners salary and any other financial benefits they receive.

How do I value an Entertainment and Recreation Business?

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 Entertainment and Recreation Businesses in Illinois, revenue multiples range from 0.69 to 2.14, with a median of 1.09. Earning multiples range from 2.99 to 6.42, with the median at 4.15. This means the typical Entertainment and Recreation Business in Illinois may ask for around 1.09 times its annual revenue, and 4.15 times its annual owner earnings.

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