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Banquet Halls For Sale

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Hollybrook Banquet & Event Center

REAL ESTATE INCLUDED

Spencer, NY

Hollybrook Banquet & Event Center Wedding & Event Growth Opportunity The banquet center is in excellent condition with everything needed to continue as same including kitchen equipment, utensils,...

$725,000

$725,000

REAL ESTATE INCLUDED

Own a Catering & Event Venue in the Hamptons with $400k Down

Suffolk County, NY

Opportunities are often described as rare and unique; however, in this case, the description truly applies. This is a one-of-a-kind, irreplaceable catering and event venue located in a AAA, highly...

$800,000

$800,000

Established Houston Reception Hall with Loyal Client Base

Houston, TX

This well-established event venue in Katy, Texas, specializes as a reception hall with all party services available, making it a prime opportunity for a buyer looking to enter the thriving event...

$140,000

$140,000

Cash Flow: $120,000

Turnkey Banquet Hall with Strong Event Revenue Potential

Collin County, TX

This is a turnkey banquet and event venue opportunity featuring a modern 2,000 sq ft space with a guest capacity of up to 105, ideal for corporate events, networking functions, wedding receptions,...

$150,000

$150,000

Multiple Event Venues wReal Estate-Middle TN-Highly Successful-TurnKey

REAL ESTATE INCLUDED

Tennessee

This offering presents a rare opportunity to acquire a turnkey portfolio of multiple award-winning event venues located in Middle Tennessee. The transaction encompasses the individual business...

$9,900,000

$9,900,000

Cash Flow: $808,700

REAL ESTATE INCLUDED

Gates/Chili Area Bar, Restaurant, Party Room

Rochester, NY

Looking for your next big move? This established, profitable business is ready for new ownership. Fully operational, loyal customer base, and proven systems in place. Don't miss out!...

$165,000

$165,000

Confidential: Premier Catering & Event Facility in the South Hills

Pittsburgh, PA

This is more than just a great location—it’s a business built on decades of trust and repeat business in one of Pittsburgh’s strongest suburban markets. Nestled in the heart of the South Hills, the...

$595,000

$595,000

Legendary Chicago Nightclub & Bar w/Real Estate

REAL ESTATE INCLUDED

Chicago, IL

~ Liquor license, PPA License, Gaming License applied for ~ Owner open to discussing "Owner Financing" for qualified buyers with strong financials and good down payment (Terms to be negotiated) For...

$1,400,000

$1,400,000

REAL ESTATE INCLUDED

Dazzling Wedding Venue in beautiful Finger Lakes

REAL ESTATE INCLUDED

Ithaca, NY

Completely Turn-Key 15,000+ SF Banquet & Event Center on a picturesque 7.95+/- acres fully set-up both inside and out to accommodate up to 300 guests. All equipment & furnishings to operate business...

$1,097,000

$1,097,000

REAL ESTATE INCLUDED

Elegant Banquet Hall with Real Estate – Host Unforgettable Events

REAL ESTATE INCLUDED

Tarrant County, TX

We’re offering a rare opportunity to own a thriving, stand-alone banquet and event venue in a high-visibility location within the Dallas-Fort Worth metroplex. Conveniently accessible from multiple...

$9,200,000

$9,200,000

Cash Flow: $100,000

REAL ESTATE INCLUDED

Banquet Hall in Plano

Plano, TX

**Banquet Hall in Plano – Perfect Venue for Events & Celebrations** Located in the heart of Plano, this spacious banquet hall offers an elegant and versatile setting for weddings, corporate events,...

$409,000

$409,000

Cash Flow: $90,000

Bucks County Restaurant/Bar/Events Venue

REAL ESTATE INCLUDED

Chalfont, PA

Restaurant, Bar, Venue See Website 1720chalfont.com...

$2,100,000

$2,100,000

EBITDA: $300,000

REAL ESTATE INCLUDED

Profitable Event and Wedding Venue Business with Real Estate included

REAL ESTATE INCLUDED

Homestead, FL

Profitable Wedding / Party Venue Business with Beautiful Tropical 5+ Acre Property & Multiple Additional Income Sources Rare opportunity to buy a profitable destination wedding and event venue...

$4,250,000

$4,250,000

REAL ESTATE INCLUDED

Own a Business with Built-In Identity and Momentum

$3,000,000 - San Marcos, TX

$3,000,000

San Marcos, TX

Prime RE and 11,000 SF Restaurant & Event Space with Water Views

Norfolk County, MA

Own a thriving South Shore landmark! The Mad Hatter, Weymouth, MA. This turnkey opportunity includes the sale of the real estate, valued at $2,100,000, giving you full control of a prime location on a...

$300,000

$300,000

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

Michael Stavrinakis

Stavrinakis Franchise & Business Brokerage

Serving Charleston County, SC

Michael Stavrinakis specializes in the sales of multiple businesses and franchises. Specializing in food & beverage related busi With over 3 decades of relative industry experience, Michael Stavrinakis specializes in the sales of multiple businesses and franchises.  Michael was recently awarded the #2 broker award for our enitre newtwork of brokers of about 180 brokers spanning the USA and 19 Countries abroad. Specializing franchise and independent business resales and start ups Michael’s first hand experience as a restauranteur, former franchisor and current franchisee ads the absolute relative exprience and knowledge to help his clients find the perfect matcha and grow a successful business. Count on Michel to work with you on every step of the sale & purchase process. Let’s chat now click here: https://shorturl.at/bgkN5 Let’s Connect via Linkedin: https://www.linkedin.com/in/michaelstavrinakis/  or book a call on Michael’s calendar here: https://calendly.com/mstavrinakis/intro-call

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Event Venue

Bowling Green, KY

Well established Event Venue with a strong brand name that is located in a 15,000 sq. ft. space. The owner spends 6 months per year in the states and 6 months per year in his home country, so he is...

$400,000

$400,000

Stunning, Absentee Wedding Venue

Dallas, TX

Imagine owning one of the most sought-after wedding venues in the state, known for its sophisticated design, upscale amenities, and seamless event execution. The sale of the business is contingent on...

$500,000

$500,000

Cash Flow: $110,000

Banquet Hall for sale in Miami. Florida. Open since 1983..

Miami, FL

For sale in Miami, Florida, Beautiful Banquet Hall. - Year Established: 1983 (41 years in business). - Located in: Miami Dade County. - Events: Wedding, birthday parties, baby showers, baptisms,...

$275,000

$275,000

Cash Flow: $72,500

Beloved Local Restaurant and Banquet Room with Loyal Customer Base

REAL ESTATE INCLUDED

Hartford County, CT

Cozy, local restaurant for sale as an established local gem with a loyal customer base, known for its warm atmosphere and welcoming environment. Perfect for aspiring restaurateurs or investors looking...

$2,400,000

$2,400,000

REAL ESTATE INCLUDED

Winery and Banquet Center- Less Than One Hour from St. Louis

REAL ESTATE INCLUDED

St. Louis County, MO

BANQUET FACILITY/REST/WINERY AND MUCH MORE---The seller is retiring and lowered the price in half --real estate included. Owner will finance a large percentage of this sale. This seller has dropped...

$1,200,000

$1,200,000

REAL ESTATE INCLUDED

Successful Busy Banquet Facility & Italian Restaurant.

Hudson County, NJ

In business for over 20 years. Excellent reputation Very busy restaurant & bar. Beautifully decorated restaurant and bar area with 2 full kitchens built to handle high volume. 140 Seat restaurant....

$1,000,000

$1,000,000

EBITDA: $434,100

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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