REAL ESTATE INCLUDED
Spencer, NY

REAL ESTATE INCLUDED
Spencer, NY

Suffolk County, NY

Houston, TX

Collin County, TX
REAL ESTATE INCLUDED
Tennessee
Rochester, NY
Pittsburgh, PA
REAL ESTATE INCLUDED
Chicago, IL
REAL ESTATE INCLUDED
Ithaca, NY
REAL ESTATE INCLUDED
Tarrant County, TX
Plano, TX
REAL ESTATE INCLUDED
Chalfont, PA
REAL ESTATE INCLUDED
Homestead, FL
$3,000,000
San Marcos, TX
Norfolk County, MA
REAL ESTATE INCLUDED
Illinois
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
Bowling Green, KY
Dallas, TX
Miami, FL
REAL ESTATE INCLUDED
Hartford County, CT
REAL ESTATE INCLUDED
St. Louis County, MO
Hudson County, NJ
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 61 |
| Asking Price | $600,000 |
| Reported Revenue | $608,066 |
| Reported Seller's Discretionary Earnings | $164,742 |
Asking Price
| Lower Quartile | Median | Upper 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.
| Bound | Revenue | Seller’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.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.62 | 2.11 |
| Median | 0.93 | 3.51 |
| Upper Quartile | 1.81 | 5.10 |
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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