Illinois

Entertainment and Recreation Businesses For Sale in Illinois

Showing 58 results sorted by
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All serious offers being considered. Motivated Sellers

REAL ESTATE INCLUDED

Cook County, IL

Price lowered, motivated sellers. All serious offers being considered. $400,000 for the business $2.5 million for the real estate. Gorgeous Full-service restaurant, banquet private room rental, huge...

$2,900,000

$2,900,000

REAL ESTATE INCLUDED

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Endless Possibilities Await with this Wedding Venue/Chapel/Home!

Sycamore, IL

ENDLESS POSSIBILITIES AWAIT A RARE OPPORTUNITY TO LIVE, WORK, AND DREAM ALL IN ONE PLACE! This is the perfect opportunity for the visionary buyer or entrepreneur ready to continue a long time, turn...

$2,150,000

103

$2,150,000

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Amusement & Water Park - CHICAGO MSA

Kane County, IL

Legacy Family Entertainment Destination Offered with Long-Term Land Lease in the Chicago MSA Business Highlights: 1) Multi-attraction family entertainment destination featuring amusement rides, water...

$5,900,000

$5,900,000

EBITDA: $795,000

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Modern Members Club Built for Work, Events, and Experiences

Cook County, IL

Established and unique multi-city members club designed for people who want to more flexibility than what traditional coworking spaces or event venues can offer. With over a decade in business, the...

$650,000

$650,000

Cash Flow: $146,451

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

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

Profitable Downtown Chicago Yacht Charter with Burnham Harbor Slip

Chicago, IL

Three stacked assets sold as one transaction: a 42-foot luxury motor yacht, a downtown Chicago commercial slip with a transferable charter rental permit, and a profitable six-year operating business...

6

$600,000

$600,000

Cash Flow: $92,000

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

Turnkey Mobile Video Game Truck For Sale

Bolingbrook, IL

TURNKEY MOBILE VIDEO GAME TRUCK FOR SALE Chicago Game & Go is an established mobile entertainment business serving the Chicagoland market since 2018. This turnkey operation delivers premium gaming...

5

$150,000

$150,000

Cash Flow: $75,000

Beloved Long-Established Restaurant & Banquet Hall w/Property Lyons,IL

REAL ESTATE INCLUDED

Lyons, IL

Beloved Long-Established Restaurant & Banquet Hall w/Property Lyons, IL - 42 Years! "And Semi-Private Gaming Area With Gaming Revenue Of $82,947" An incredible opportunity to acquire a...

$1,500,000

$1,500,000

REAL ESTATE INCLUDED

Legendary IL Establishment w/Property-Dining/Lounge/Gaming/Banquets!

REAL ESTATE INCLUDED

McHenry County, IL

Legendary Illinois Dining Establishment w/Property - Dining, Bar, Gaming & Banquets! "8,000 SqFt Freestanding Building On 3.22 Acres On A Primary Regional Corridor" Offering an incredible menu of...

$1,200,000

$1,200,000

Cash Flow: $263,879

REAL ESTATE INCLUDED

Bowling FEC & Event Venue with Real Estate | St. Louis MSA

REAL ESTATE INCLUDED

Madison County, IL

Premier family entertainment center and event venue offered together with fee-simple real estate in the St. Louis MSA. Business Highlights - Multi-attraction family entertainment business with...

3

$6,750,000

$6,750,000

EBITDA: $950,000

REAL ESTATE INCLUDED

Full service Event production company since 1998

Schaumburg, IL

Imagine stepping into a thriving event production business that's been creating magical moments since 1998. You'll love how this full-service company has built lasting relationships with couples,...

$895,000

$895,000

Cash Flow: $248,616

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

Absentee-Owned Neighborhood Tavern with Gaming

REAL ESTATE INCLUDED

Cook County, IL

An exceptional opportunity to acquire a long-established neighborhood tavern operating continuously at the same location for over 50 years. The sale includes both the business and the underlying real...

$799,000

$799,000

Cash Flow: $83,000

REAL ESTATE INCLUDED

Dave Perkins

We are intermediaries.

Serving Cook County, IL

Abstract Business Advisors, LLC is a specialty healthcare advisory firm offering our clients a unique advantage over traditional brokerage firms who handle mergers & acquisitions. Our team of professionals has over 100 years of combined health care business ownership and experience allowing us a comprehensive understanding of the industry. Over 24 years in business and more than $2.5B in transactions! At Abstract Business Advisors, LLC, we feel what sets us apart from other health care M&A firms, brokers, and brokerage firms, is our dedication to our clients both on the Buyer and Seller side. In addition to paying attention to details, it is crucial that we pay close attention to the health care laws, as well as the pending changes that could affect values in the health care world. We know the issues critical to the healthcare industry — reimbursement, government regulations, information systems, product technology, and market trends — issues that directly impact who’s buying, who’s selling, why, and for how much. As professional healthcare M&A advisors, we understand that our valuation methods and processes are our responsibility as a trusted partner. Starting with your price expectations, we identify and rate the market realities you are facing. Our marketing objective is to reach qualified buyers and sellers with an accurate and consistent business profile. Abstract Business Advisors, LLC assists clients through the acquisition or selling process step-by-step. Strong seller and buyer emotions are a reality of any type of business transaction. Effective emotion management is a trademark characteristic of a successful closing. As situations arise, we provide objective analytical views. When your expectation issues are on the negotiating table; you are at your highest level of outcome risk. In these situations, you have the assurance that our firm’s negotiating experience and all of our resources are directed toward successfully preserving your interests.

Contact Me >

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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

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

Event Entertainment Business Assets – Mascot & Character Costumes
Asset Sale

Skokie, IL

For sale: a complete children’s entertainment business asset package, built and operated since 2024 in Chicago, IL. This is a turnkey opportunity for anyone looking to enter or expand in the...

6

$120,000

$120,000

Turn-Key Inflatable Rental Assets – Start Earning Immediately
Asset Sale

Rockford, IL

Take on Better Events Co and get started with your turn key business today! ? Full inflatable inventory (detailed itemized list available upon request) ? Blowers and necessary accessories ? Existing...

2

$200,000

$200,000

Turnkey Event Venue – Profitable White Chapel Concept
Real Estate Only

Pocahontas, IL

Turnkey Event Venue – Profitable White Chapel Concept A Rare Opportunity to Own a Storybook Wedding Venue This charming 1908 chapel presents an exceptional opportunity in Pocahontas, Illinois,...

4

$150,000

$150,000

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...

$40,000

$40,000

Established Pizza, Bar & Gaming Business with Strong Cash Flow

Orland Park, IL

Established Pizza, Bar & Gaming Business with Strong Cash Flow This thriving franchise pizza restaurant with bar and gaming operations presents an exceptional opportunity in Orland Park, Illinois....

$400,000

$400,000

Cash Flow: $85,765

Party Rental Business Specializing in Flower Walls! For Sale!

Downers Grove, IL

Chicago Party Rental was established in 2023 by a husband and wife duo, with the idea to bring a quality Rental Shop to the Chicagoland area. Our passion for excellence is what drove us from the...

$100,000

$100,000

Growing Climate-Controlled Golf Sim Centers

Chicago, IL

This growing climate-controlled golf sim center business provides unlimited simulator access featuring top courses and swing data analysis, generating stable membership income alongside hourly play,...

$375,000

$375,000

Cash Flow: $89,507

Multi-location Illinois VGT Gaming Café

Cook County, IL

Confidential opportunity to acquire a multi-location Illinois video gaming terminal café platform operating in a mature and densely populated south suburban Chicago market. The business consists of...

$2,700,000

$2,700,000

Cash Flow: $240,089

Established Space Walk Inflatables Rental Business in Peoria

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

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...

$3,900,000

$3,900,000

Cash Flow: $447,000

REAL ESTATE INCLUDED

Full-Service Restaurant with Real Estate and Gaming!!

REAL ESTATE INCLUDED

McHenry County, IL

Established, full-service restaurant with more than 20 years of successful operation, now available due to owner retirement. This well-known business features a loyal customer base and is staffed by...

$1,224,000

$1,224,000

Cash Flow: $71,949

REAL ESTATE INCLUDED

Highly-Successful Longstanding Destination Dining/Entertainment Venue!

REAL ESTATE INCLUDED

Illinois

Highly-Successful Longstanding Destination Dining & Entertainment Venue - With Property! "The Asking Price Includes A Well-Maintained Property With Substantial Prior Capital Investment" A rare...

$8,500,000

$8,500,000

Cash Flow: $1,899,921

REAL ESTATE INCLUDED

Midwest Waterfront Marina, RV & MH Community

REAL ESTATE INCLUDED

Illinois

Investment Overview This gated waterfront marina and seasonal trailer community is located within a protected cove on the Chain O’Lakes. The property consists of 100 wet slips and 45 seasonal trailer...

$1,875,000

$1,875,000

REAL ESTATE INCLUDED

Illinois Multi-Line Powersports Dealership

Illinois

This established family-owned powersports dealership boasts a multi-decade presence in its market area. Its highly-successful representation of several of the industry's top brands allows for a...

$1,100,000

$1,100,000

Cash Flow: $300,000

EBITDA @ $415K. Indoor Trampoline Park Franchise. Still Growing

Kane County, IL

Picture yourself walking into your own thriving indoor trampoline park, where the sound of laughter fills the air and families create memories every single day. This isn't just a business opportunity...

$2,200,000

$2,200,000

EBITDA: $415,000

Gaming Cafe for sale

Tazewell County, IL

Gaming cafe for sale doing $10,000 a month. Liquor license available. 10 year lease. Rent $1100. Call for more information....

$275,000

$275,000

Gaming parlor& deli for sale

Winnebago County, IL

Gaming cafe doing $16,000 a month and deli doing $1000. Rent $2000 a month. Lease 10 years. Call for more information....

$350,000

$350,000

Remote Vending Sales Company

McHenry County, IL

Nationwide, asset-light vending equipment sales and placement business available. This company sells mini claw machines direct-to-customer across the U.S. (excluding Alaska and Hawaii due to shipping...

$1,200,000

$1,200,000

Cash Flow: $412,774

Event center

REAL ESTATE INCLUDED

Lacon, IL

ESTABLISHED EVENT CENTER - LACON, ILLINOIS This turnkey event center presents an exceptional opportunity in Marshall County's underserved market. Established in 2022, this 6,300 square foot facility...

$450,000

$450,000

REAL ESTATE INCLUDED

Illinois Bowling Alley and Family Entertainment Center For Sale

REAL ESTATE INCLUDED

Illinois

Imagine yourself owning one of the most beloved entertainment destinations in a thriving town. This isn't just any bowling alley - it's a 20+-year community cornerstone that brings families, students,...

$2,950,000

$2,950,000

EBITDA: $334,000

REAL ESTATE INCLUDED

Multuple Income Bar , Video Gaming , Huge Beer Garden , Restaurant Din

Joliet, IL

Can Triple Current Income...

$249,900

$249,900

Cash Flow: $120,000

Hookah Lounge with Property For sale

Chicago, IL

Call for Details...

$710,000

$710,000

Cash Flow! Cash Flow! Cash Flow!!!!

Prospect Heights, IL

Established Sports Bar and Entertainment Venue - 35-Year Operating History This well-established entertainment venue represents a significant investment opportunity in Prospect Heights' hospitality...

$1,500,000

$1,500,000

Cash Flow: $300,000

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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

Banquet & Event Venue for Sale – Turnkey Opportunity!

Joliet, IL

Transform your entrepreneurial vision into reality with this turnkey banquet and event venue that delivers immediate cash flow and exceptional growth potential. You'll step into a profitable operation...

$500,000

$500,000

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: $327,693

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

REAL ESTATE INCLUDED

Chicago, IL

~ Here's what makes this opportunity exciting: Owner open to discussing "Owner Financing" for qualified buyers with strong financials and approximately 30/40% down payment (Terms to be negotiated) ~...

$1,400,000

$1,400,000

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

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

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

Dirt Racetrack - Over 25 Acres - Hot Deal

Illinois

HOT HOT DEAL FOR $550,000. 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...

$550,000

$550,000

Buy or Sell an Entertainment and Recreation Business in Illinois
Entertainment and recreation businesses listed for sale on BizBuySell span a diverse set of consumer facing businesses built around leisure, experiences, and social activity, including bars and lounges, family entertainment centers, indoor playgrounds, sports and fitness venues, golf courses, gaming and VR lounges, event and wedding venues, tour and adventure operators, and creative studios. The business models are primarily experience based and location driven, generating revenue through admissions, hourly play or participation fees, food and beverage sales, private events and parties, memberships, leagues, or facility rentals.
Market Overview Listings for Sale (Median)
Number of Businesses Analyzed23
Asking Price$850,000
Reported Revenue$895,524
Reported Seller's Discretionary Earnings$150,000
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.

Asking Price

Lower QuartileMedianUpper Quartile
$424,500$850,000$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$370,000$90,754
Median$895,524$150,000
Upper Quartile$1,410,890$281,940

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 Quartile0.723.30
Median1.114.19
Upper Quartile1.974.83

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 $850,000, though prices range from under $424,500 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 $895,524 and owners earn a median of $150,000, 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 0.72 to 1.97, with a median of 1.11. Earning multiples range from 3.30 to 4.83, with the median at 4.19. This means the typical Entertainment and Recreation Business in Illinois may ask for around 1.11 times its annual revenue, and 4.19 times its annual owner earnings.

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