REAL ESTATE INCLUDED
Lacon, IL
$450,000

REAL ESTATE INCLUDED
Lacon, IL
$450,000

REAL ESTATE INCLUDED
Illinois
$2,950,000

Worcester County, MA
$199,000

Glendale, CA
$499,000
Santa Cruz County, CA
$975,000
Alameda County, CA
$500,000
REAL ESTATE INCLUDED
Missouri
$4,399,000
REAL ESTATE INCLUDED
Brazil, IN
$1,500,000
Fairplay, MD
$2,840,000
San Bernardino, CA
$7,800,000
Brooklyn, NY
$295,000
Fort Worth, TX
$100,000
St. Charles County, MO
$225,000
$140,000
Gwinnett County, GA
Nashville, TN
$350,000
Michigan
Not Disclosed
Robert Beach
Procision Business Brokers
Serving Gloucester County, NJ
"YOUR BUSINESS IS OUR BUSINESS"
Sun Valley, CA
$50,000
Plano, TX
$1,400,000
REAL ESTATE INCLUDED
Spencer, NY
$725,000
Mecklenburg County, NC
$99,000
Suffolk County, NY
$800,000
Nottingham, MD
$699,000
Tennessee
$690,000
REAL ESTATE INCLUDED
Missouri
$3,800,000
$250,000
Orange County, IN
Columbus, OH
$199,000
Houston, TX
$140,000
Sullivan County, NY
$175,000
REAL ESTATE INCLUDED
Illinois
$4,441,000
Collin County, TX
$150,000
Perth Amboy, NJ
$289,999
Rochester, NY
$185,000
REAL ESTATE INCLUDED
Greenwood County, SC
$985,000
REAL ESTATE INCLUDED
Andover, OH
$510,000
REAL ESTATE INCLUDED
Chicago, IL
$2,100,000
$5,200,000
Dayton, OH
REAL ESTATE INCLUDED
Cook County, IL
$1,900,000
REAL ESTATE INCLUDED
Wisconsin
$3,900,000
Fort Lauderdale, FL
$599,000
Clinton Township, MI
$1,999,000
REAL ESTATE INCLUDED
North Collins, NY
$699,900
Frederick County, VA
$1,100,000
Tarrant County, TX
$1,175,000
Adams County, CO
$4,950,000
Wissam Aro
Wesam Dreams
Serving Duval County, FL
Eagles World Realty, INC
REAL ESTATE INCLUDED
Ithaca, NY
$1,097,000
REAL ESTATE INCLUDED
Tarrant County, TX
$9,200,000
$2,295,000
Oklahoma County, OK
REAL ESTATE INCLUDED
Ohio
$5,100,000
REAL ESTATE INCLUDED
Longs, SC
$4,650,000
REAL ESTATE INCLUDED
Lockport, NY
$9,000,000
Plano, TX
$409,000
REAL ESTATE INCLUDED
Chalfont, PA
$2,100,000
REAL ESTATE INCLUDED
Homestead, FL
$4,900,000
Chicago, IL
$1,850,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 59 |
| Median Asking Price | $690,000 |
| Median Reported Revenue | $800,000 |
| Median Reported Seller's Discretionary Earnings | $181,091 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $292,500 | $690,000 | $2,250,000 |
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 | $355,200 | $100,000 |
| Median | $800,000 | $181,091 |
| Upper Quartile | $1,200,000 | $306,727 |
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 | 0.70 | 2.49 |
| Median | 0.94 | 3.33 |
| Upper Quartile | 2.87 | 6.01 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Banquet Hall?
The median asking price for an established Banquet Hall is $690,000, though prices range from under $292,500 to well over $2,250,000.
How much do Banquet Halls owners earn?
The median reported revenue of Banquet Halls is $800,000 and owners earn a median of $181,091, 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 0.70 to 2.87, with a median of 0.94. Earning multiples range from 2.49 to 6.01, with the median at 3.33. This means the typical Banquet Hall may ask for around 0.94 times its annual revenue, and 3.33 times its annual owner earnings.
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