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Banquet Halls For Sale

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HSC - Central Wisconsin Event Venue with full Liquor License

REAL ESTATE INCLUDED

Wood County, WI

The Outpost Ranch is a multi use event venue offering weddings, corporate events, public gatherings, and Sunday open to the public bar/food service. It sits on 5 acres and blends rustic charm with...

$999,900

$999,900

REAL ESTATE INCLUDED

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Highly Profitable Beach Wedding and Reception Business

Orange Beach, AL

Bella Weddings by the Sea is an established, full-service beach wedding and reception company serving Alabama’s Gulf Coast. For nearly a decade, Bella Weddings has helped couples create beautiful,...

6

$250,000

$250,000

Cash Flow: $150,000

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Cheers! Event Space, Liquor License, Outdoor Patio & Restaurant

Ingham County, MI

We are excited to present a well-established restaurant with event and entertainment space located in Central Michigan. With a successful track record of serving loyal clientele in a prime location,...

$1,500,000

$1,500,000

EBITDA: $194,763

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Established Event Venue Business With Tenant-Favorable Lease

Plano, TX

This is an opportunity to acquire a fully operational, turnkey event venue business with an established foundation, existing future bookings, and a landlord-approved path for a new owner to assume the...

4

$30,000

$30,000

Price Drop! Top-rated Indian restaurant with private party hall

Dallas, TX

Price dropped by over 60k for quick sale to a serious buyer... Customer favorite for authentic Indian food and outstanding service. Established in the community for over 7 years and recently won an...

$169,000

$169,000

Cash Flow: $72,000

Well-Established Hospitality/ Event Business with Real Estate

REAL ESTATE INCLUDED

Indiana

Rare opportunity to acquire a highly profitable, semi-absentee, hospitality/event business bundled with valuable income-producing real estate at a price below independent appraised value. This unique...

$3,950,000

$3,950,000

Cash Flow: $325,950

REAL ESTATE INCLUDED

FOR SALE: Turn-Key Game Truck Business + 2013 Ford F150 (FULL PACKAGE)

San Benito County, CA

Update May 31st, Truck now has 4 Brand new 60K mile Tires Brand New Harbor Freight Predator 9500 Generator with 2 Year Full Warranty. This is a fully operational, income-generating mobile...

6

$125,000

$125,000

Charming Wedding & Event Space

REAL ESTATE INCLUDED

Lawrence, KS

The Veranda Venue – Premier Wedding & Event Estate in Lawrence, KS 1431 N 1900 Road | Lawrence, KS 66044 Nestled on a peaceful country road just minutes from downtown Lawrence and the University of...

6

$1,649,000

$1,649,000

REAL ESTATE INCLUDED

Price Reduced: Turnkey Downtown CdA Wedding Chapel & Brand

Coeur D'alene, ID

Opportunity to acquire an established wedding chapel and officiating business in downtown Coeur d’Alene. Designed specifically for elopements, micro weddings, vow renewals, off-site officiating, and...

6

$85,000

$85,000

Cash Flow: $40,000

Well established Art Studio Franchise!! #1 in the US

Davie, FL

Well-Established Painting with a Twist Studio Now Available — a Turnkey, Profitable Paint-and-Sip Business with a Loyal Customer Base, Strong Brand Recognition, and an Outstanding Community...

6

$450,000

$450,000

Cash Flow: $181,022

Legendary Saloon & Dance Hall for Sale in Terrell, Texas

REAL ESTATE INCLUDED

Terrell, TX

Own a legendary Texas dance hall — turn-key and ready for its next chapter. Swingin Door’s Saloon, billed as “The Best Little Honky Tonk In Texas,” is now offered for sale at 304 FM 148 in Terrell — a...

6

$1,400,000

$1,400,000

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

Profitable Event Decor Biz | $150K SDE | Growth Potential TX

Tarrant County, TX

Established event décor and production company based in Arlington, Texas, specializing in weddings, cultural events, and private functions. The business has built a strong reputation within...

$289,000

$289,000

Cash Flow: $150,000

Profitable & Growing Wedding Venue / Event Hall Business + Real Estate

$1,190,000 - Moosup, CT

$1,190,000

Moosup, CT

Jacob Belt

Real Brokerage

18 Hole Golf Course with Beautiful Club House

REAL ESTATE INCLUDED

Tioga County, NY

This established 18-hole golf course presents an exceptional opportunity in the scenic Tioga County, New York market. Situated on 120 picturesque acres just off Interstate 86 and approximately three...

$2,400,000

$2,400,000

REAL ESTATE INCLUDED

Wedding and Event Center with 2 Bedroom STR

Scott City, MO

Introducing a great business opportunity with real estate in Scott City, MO! Discover the natural beauty of Southeast Missouri at Amor on the River, a premier wedding and event venue nestled on the...

3

$1,500,000

$1,500,000

Gregory Carafello

First Choice Business Brokers of Manhattan

Serving Saratoga County, NY

Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $7 billion worth of businesses. Our New York City office consists of 1 Principal, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services. First Choice Business Brokers is a member in good standing with the Better Business Bureau (A+ Rating). The FCBB office is located in Manhattan which covers the entire New York and New Jersey Regions. The Principle Broker, Gregory J. Carafello, has over 38 years of extensive Business Ownership experience as a small to medium sized business owner since 1998.

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Profitable Event Venue with Real Estate & Year-Round Revenue Streams

Tulsa, OK

Resort-style estate with waterfront ceremony space, on-site accommodations, and a turnkey vendor ecosystem ready for a new owner. This wedding and event venue offers a diversified business model with...

$350,000

$350,000

Cash Flow: $169,483

High-Demand Venue - Turnkey Opportunity

Los Angeles, CA

ALL-IN-ONE VENUE OPPORTUNITY Photography studio + private event hall This turnkey banquet hall represents an exceptional opportunity in Los Angeles's thriving events industry. Established in 2022,...

6

$179,999

$179,999

High-Cash-Flow Event & Catering Biz–Fully Staffed, SBA Pre-Qualified

North Carolina

This long-established business is a full-service event venue and catering facility. It is a perfect blend of contemporary design and natural elegance. Their facility showcases original floors, exposed...

$2,000,000

$2,000,000

Cash Flow: $763,272

Premium Branded Offsite Meeting Space with Co‑Working Upside

Ohio

Premium Branded Offsite Meeting Space with Co‑Working Upside This offering presents a rare chance to acquire a well‑established, design‑driven corporate offsite meeting and retreat venue serving a...

$50,000

$50,000

HSC Bar, Event Center & Development Opportunity on 15 Acres

Perham, MN

The Salty Pickle Bar & Grill is a turn-key hospitality and entertainment destination located in Perham, Minnesota, offered as a combined business and real estate opportunity. Situated on approximately...

$675,000

$675,000

Miami Banquet Hall / Event Venue Business For Sale | Established |FF&E

Miami, FL

Excellent opportunity to acquire a well-established banquet hall and event venue business with 8 years of successful operation in the Miami market. This is a business sale only (no real estate), ideal...

6

$200,000

$200,000

HSC-Event Center/Retail Facility - Price Reduced!

REAL ESTATE INCLUDED

Cambridge, WI

Cambridge Winery Event Venue – A Turnkey Destination for Elegance and Opportunity Welcome to 600 Kenseth Way, Cambridge, Wisconsin — a rare opportunity to own a fully operational, winery-themed event...

4

$1,800,000

$1,800,000

REAL ESTATE INCLUDED

Catering Facility and Event Venue With Real Estate for sale S. Jersey

REAL ESTATE INCLUDED

New Jersey

Catering facility and event venue with real estate for sale in South Jersey. This well-established business features an 18,000 sq. ft. building with seating capacity for 600 guests. The property sits...

$3,299,000

$3,299,000

Cash Flow: $386,709

REAL ESTATE INCLUDED

Elite Wedding & Event Venue for sale in Southwest Ohio

$3,950,000 - Dayton, OH

$3,950,000

Dayton, OH

Exclusive Event Retreat, Wedding Venue and B&B

REAL ESTATE INCLUDED

With its combination of privacy, scale, and income-generating potential, this property is ideally positioned for use as: • A luxury hospitality business (wedding venue, B&B, or wellness retreat...

$9,500,000

$9,500,000

REAL ESTATE INCLUDED

Grocery store restaurant & Banquet Hall

Ingham County, MI

Grocery store and restaurant doing 1.5 m sales per year . Banquet hall doing 150000 a year . High margins . Call for more information...

$1,395,000

$1,395,000

HSC Historic multi-level restaurant /bar/banquet /event center

REAL ESTATE INCLUDED

Saint Cloud, MN

Imagine yourself owning this incredible 12,000 square foot historic gem in the heart of downtown St. Cloud's central business district. This isn't just a restaurant - it's a complete hospitality...

$725,000

$725,000

REAL ESTATE INCLUDED

Award-Winning Outdoor Entertainment & Event Production Company

Roanoke, VA

Location: Southwest Virginia Industry: Live Entertainment | Event Production | Sponsorship Marketing The Opportunity A rare chance to acquire an established outdoor concert and festival venue paired...

$1,365,000

$1,365,000

Cash Flow: $375,000

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

Very Well-Known Albany NY Restaurant & Banquet Hall W / Property -

New York, NY

Established Family Restaurant & Banquet Hall – 70 Years Strong – $1M+ Sales – Real Estate Included Location: Upstate, NY Asking Price: $1,700,000 (Business & Real Estate) Gross Revenue: $1,000,000+...

$1,700,000

$1,700,000

Cash Flow: $292,000

Beautiful High-Capacity Wedding & Event Venue

REAL ESTATE INCLUDED

Amarillo, TX

This is a rare opportunity to acquire one of Amarillo's premier wedding and event venues. Known for its beautiful setting and versatility, the venue is one of the largest in the area, accommodating...

$1,400,000

$1,400,000

REAL ESTATE INCLUDED

Established Bronx Event Space | 40+ Years | $660K Gross

Bronx, NY

Established Event Venue | 40+ Years in Business | Bronx, NY Exceptional opportunity to acquire a long-established event venue with over 40 years of operating history and a strong reputation within the...

$250,000

$250,000

Cash Flow: $151,859

Top-Rated Banquet Hall in Hialeah

Hialeah, FL

Exceptional opportunity to acquire one of Hialeah’s most established and recognized event venues. Seduction Ballrooms has been successfully operating since 2004, earning an outstanding reputation and...

$450,000

$450,000

Popular wedding venue with small residence and storage barn

REAL ESTATE INCLUDED

Brazil, IN

This is a unique wedding venue in west central Indiana, or repurpose to suit your desires. Situated on 16 picuresque acres with a 800 sq. ft. residence and a 30' x 40' storage barn, this 4-year-old...

$1,500,000

$1,500,000

REAL ESTATE INCLUDED

Turnkey Wedding & Event Venue with Lodging on Private Lake 13.67 Acres

$2,295,000 - Oklahoma County, OK

$2,295,000

Oklahoma County, OK

Well-Known N. Houston Wedding Venue | Established & Fully Operational

Montgomery County, TX

Rare opportunity to acquire a beautifully established wedding and event venue in the rapidly expanding North Houston market. Situated on picturesque acreage just north of Houston, this turnkey...

$3,500,000

$3,500,000

Turnkey Mid-Size Event Venue With Booked Demand

El Paso County, TX

Located in an established local market, this turnkey mid-size event venue fills a highly profitable niche for weddings, quinceañeras, graduations, and private celebrations that are too large for small...

$110,000

$110,000

Cash Flow: $31,299

Established Boutique Event Venue in High-Traffic Retail Area

El Paso County, TX

This established boutique event venue operates in a prime, high-traffic shopping area within the East El Paso market and is known locally for its intimate atmosphere and rustic aesthetic. The venue is...

$40,000

$40,000

Cash Flow: $17,690

Successful Party Rental & Event Services Business

Santa Cruz County, CA

Sales Price: $457,000.00 Inventory included Gross Sales: $521,392.00 (2024 Taxes) Dreaming of owning a dynamic, community-loved business in beautiful Santa Cruz County? Here’s your chance to step into...

$457,000

$457,000

Own a Beautiful Boutique Dress Shop

Kennewick, WA

This offering presents the opportunity to acquire a specialized formalwear and Quinceañera boutique business serving the Kennewick / Tri-Cities market. The company has established a differentiated...

$165,000

$165,000

Cash Flow: $87,000

Exceptional and very rare entertainment venue in Inglewood, CA

Inglewood, CA

Simply stated, this is a unicorn opportunity to own a preeminent hospitality and entertainment venue in perhaps the most globally-recognized and thriving city in California. With a capacity of 600 and...

$1,200,000

$1,200,000

Premier Hospitality Investment w/Accelerating Revenue Growth #1105

Saint Louis, MO

A truly exceptional acquisition opportunity, this meticulously restored historic hospitality asset offers a rare combination of luxury accommodations, multiple revenue streams, and significant growth...

$6,900,000

$6,900,000

Cash Flow: $306,727

High Cash Flow Event Venue with Exceptional Long Term Lease 2877

Dallas County, TX

This established event venue represents a premier hospitality acquisition opportunity in the Dallas Fort Worth Metroplex. The business operates multiple elegant event spaces with comprehensive indoor...

$1,999,999

$1,999,999

Cash Flow: $461,196

Scott Sogard

Sogard Properties

Serving Providence County, RI

20 years as multi unit Restaurant and Lodging owner/operator 21 years as Hospitality Broker on both Buy and Sell side We can help with repositioning your operation for increased earnings Unlike the competition we have an actual track record of Confidential Sales

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Turnkey Event Venue with Multiple Revenue Opportunities

Montgomery County, VA

This turnkey event venue presents an outstanding opportunity to acquire a versatile business in a highly visible location. The property was extensively renovated and upgraded to meet city requirements...

$74,950

$74,950

Established Wedding & Event Space - Downtown Kansas City

REAL ESTATE INCLUDED

Kansas City, MO

Well-located downtown/crossroads location near the new 3 billion dollar Royals stadium development. Event space with strong brand recognition, future bookings in place, existing experienced management...

$2,650,000

$2,650,000

REAL ESTATE INCLUDED

Event Center & Warehouse on 15 Acres

$1,995,000 - Grove, OK

$1,995,000

Grove, OK

Vacant‑Owner Nashville Studio with Steady Income and Growth Potential

Nashville, TN

Nashville’s booming tourism scene has created a rare opportunity to own one of the city’s most unique and high‑energy entertainment experiences. This established dance studio sits in the heart of the...

$200,000

$200,000

Cash Flow: $135,208

Profitable Event / Wedding Venue Business with 5 Acres of Real Estate

REAL ESTATE INCLUDED

Homestead, FL

Achieve immediate profitability and long-term wealth building with this turnkey wedding and event venue that delivers multiple income streams from day one. You'll step into an established operation...

$4,250,000

$4,250,000

REAL ESTATE INCLUDED

Event / Wedding Venue Business with 4 Acre Property in Miami, FL Area

REAL ESTATE INCLUDED

Miami, FL

This established wedding and event venue business represents a premium hospitality investment opportunity situated on four acres in Miami's prestigious Redlands district. The operation has...

$3,200,000

$3,200,000

REAL ESTATE INCLUDED

Concert, Event, Wedding Venue, Bar, Restaurant, with Acreage

REAL ESTATE INCLUDED

Minnesota

Great local venue known for weddings and events. Located in the Twin Cities metro area. Additional land available for development. Listing ID: P58291...

$18,500,000

$18,500,000

REAL ESTATE INCLUDED

Profit in Charleston's Wedding Market — Event Décor Biz, Financing

Charleston, SC

Step into one of the Southeast's hottest hospitality markets. This established event décor and balloon installation business serves greater Charleston, SC — a premier wedding and special-event...

$99,000

$99,000

20 % Cap Rate Family Entertainment Business For Sale !!

Houston, TX

CONFIDENTIAL INVESTMENT OPPORTUNITY 3 Premier Multi-Location Family Entertainment Business For Sale ( Package Deal ) Asking Price- Business Only -: $2.3 Million ( 3 Sites Combined Price ) Combined...

$2,300,000

$2,300,000

Turnkey Dual-Venue Estate on 80 Scenic Acres – Southwest Missouri

REAL ESTATE INCLUDED

Missouri

Own a premier wedding destination with a stellar reputation and immediate cash flow. Established in 2021, this 80-acre estate features two distinct purpose-built venues, offering a rare "multi-price...

$3,800,000

$3,800,000

REAL ESTATE INCLUDED

Buy or Sell a Banquet Hall
Banquet halls listed for sale on BizBuySell are event focused hospitality businesses such as wedding and reception venues, banquet halls, event centers, multi use celebration spaces, and hybrid properties that combine venues with lodging, restaurants, or bars, with listings often including owned real estate and fully built out facilities. These businesses typically operate on a booking driven hospitality model, generating revenue through venue rental fees, per event pricing, food and beverage packages, bar service, and add on services such as décor, coordination, or lodging, often with advance deposits and booked event calendars providing revenue visibility.
Market Overview Listings for Sale (Median)
Number of Businesses Analyzed61
Asking Price$600,000
Reported Revenue$608,066
Reported Seller's Discretionary Earnings$164,742
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
For more in-depth sales and profitability data see:

Asking Price

Lower QuartileMedianUpper Quartile
$200,000$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.

BoundRevenueSeller’s Discretionary Earnings
Lower Quartile$350,060$87,750
Median$608,066$164,742
Upper Quartile$1,104,061$292,000

Valuation Multiples

The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Banquet Halls listed for sale.

BoundRevenue MultipleEarnings Multiple
Lower Quartile0.622.11
Median0.933.51
Upper Quartile1.815.10

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 $200,000 to well over $2,100,000.

How much do Banquet Halls owners earn?

The median reported revenue of Banquet Halls is $608,066 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 0.62 to 1.81, with a median of 0.93. Earning multiples range from 2.11 to 5.10, with the median at 3.51. This means the typical Banquet Hall may ask for around 0.93 times its annual revenue, and 3.51 times its annual owner earnings.

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