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Banquet Halls For Sale

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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...

$2,800,000

$2,800,000

REAL ESTATE INCLUDED

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

Absentee Owned Cafe and Party Venue - Very Profitable!!

Essex County, NJ

This established cafe and event venue represents a compelling investment opportunity in Essex County, NJ's hospitality sector. The business operates as a dual-revenue model, combining daily cafe...

$429,000

$429,000

Cash Flow: $212,740

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

Tujunga Banquet Facility with Real Estate

Tujunga, CA

Banquet Facility with Real Estate, Tujunga CA For Sale, APN 2564-012012. Exceptional Banquet Facility with premium Real Estate located at 6500 Foothill Blvd., Tujunga, California 91042. Built to Host...

$6,000,000

$6,000,000

Event Space - 100% operational and profitable—Event Hall.

Lilburn, GA

TURNKEY EVENT VENUE - LILBURN, GA Established in 2021, this fully operational banquet hall presents an exceptional investment opportunity in Gwinnett County's thriving Lilburn market. The business...

$110,000

$110,000

Cash Flow: $180,000

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

Established Event Venue Business for Sale

Hidalgo County, TX

This established event venue in San Juan, Texas, has built a strong reputation for hosting weddings, quinceañeras, corporate events, and other special celebrations. Known for its welcoming atmosphere...

$150,000

$150,000

Cash Flow: $112,793

Luxury Harbor Dinner Cruise & Private Event Business – 2 Vessels

$5,000,000 - Ventura County, CA

$5,000,000

Ventura County, CA

Virsa Restaurant and Banquet Hall

Elk Grove, CA

VIRSA RESTAURANT and BANQUET HALL located at 9171 Elk Grove Florin Rd, Ste 6, Elk Grove, CA 95624 is a rare opportunity to acquire a well-positioned restaurant business in one of Elk Grove’s active...

$900,000

$900,000

Modern-Rustic Wedding Event Venue with acreage in Iowa

REAL ESTATE INCLUDED

Iowa

Imagine owning your own slice of paradise in Iowa's thriving wedding market. This isn't just another venue - it's your chance to step into a turnkey business that's already winning hearts and building...

$1,423,800

$1,423,800

REAL ESTATE INCLUDED

Sun Acquisitions

Sun Acquisitions

Serving Cook County, IL

Sun Acquisitions has developed a fully integrated process that helps our clients evaluate all of their merger and acquisition options. Our approach starts with an in-depth analysis and planning session so that you can make the right decision regarding the contemplated sale or acquisition. We work with businesses across all industry sectors with annual sales between $1 to $50 million dollars. Our process ensures maximum value for our clients.

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Indian Restaurant with Bar and Banquet Hall 200+ Capacity

Baltimore County, MD

Indian Restaurant with Bar and Banquet hall is for sale in Baltimore County....

$499,000

$499,000

Premier Flagship Hospitality & Events Venue – $10M+ Build-Out | 15,000

Melville, NY

Premier Flagship Hospitality & Events Venue – $10M+ Build-Out | 15,000 SF | 250–300 Seats Rare opportunity to acquire a fully built-out flagship hospitality and events venue located in a dense,...

$6,000,000

$6,000,000

Full Service Kitchen Catering Banquet Hall

Yuba City, CA

For over a decade, this full-service catering and banquet hall operation has been weaving itself into the fabric of the Twin Cities community through the universal language of food. What began as one...

$250,000

$250,000

Cash Flow: $175,000

Winery and Event Space in MO

Saint Louis, MO

This picturesque winery and event space sprawling over 30+ acres is looking to hand over the business to a new owner after decades of serving loyal customers amazing food, beverages, wine and creating...

$5,000,000

$5,000,000

Cash Flow: $86,408

Historic Event Center

Youngstown, OH

Event Center on the river with adjacent pub and outdoor patio Walking distance to YSU and YBI Recently Renovated River Front with beautiful views of Downtown & Historic Buildings New Windows, Roof,...

$1,100,000

$1,100,000

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

Nationally Recognized Events Staging Solutions Company

Minnesota

The Company is a nationally recognized provider of professional audiovisual and event staging solutions, serving Fortune 500 corporations, national production companies, and premier brands across a...

Not Disclosed

Not Disclosed

EBITDA: $1,536,897

Event, Wedding & Corp. Venue Business-Highly Successful & Ready

Tennessee

This premier event venue is located in a vibrant commercial district in Middle TN. It hosts a variety of events, mostly hosting weddings and corporate events, yet its layout provides the flexibility...

$690,000

$690,000

Cash Flow: $250,000

Weddings, Events and overnight stays

$682,500 - Jackson, MO

$682,500

Jackson, MO

Established Banquet Hall in Cutler Bay

Cutler Bay, FL

Established and highly profitable banquet hall/event venue located in a prime high-traffic area of Cutler Bay. Fully licensed and permitted operation with an outstanding online presence, including...

$499,000

$499,000

Event Venue - Airbnb for sale in spring

REAL ESTATE INCLUDED

Spring, TX

Exceptional Event Venue & Airbnb Opportunity in Spring, Texas This established event venue presents a unique investment opportunity combining a successful banquet hall operation with Airbnb potential...

$700,000

$700,000

Cash Flow: $90,000

REAL ESTATE INCLUDED

40+ Year Established Restaurant and Bar! Longtime loyal clientele!

Bergen County, NJ

Established South West Bergen County family restaurant and bar opportunity with real estate included. Rare chance to acquire a long-standing local eatery with over 40 years of community presence,...

$1,500,000

$1,500,000

Unique Event Venue

Poquoson City County, VA

This updated and modern event venue has become a popular spot for weddings, parties, corporate events, and other private gatherings. The space is bright, open, and versatile, allowing it to...

$149,900

$149,900

Cash Flow: $30,858

Legacy Winery & Hospitality Estate | Niagara Escarpment

Lockport, NY

Freedom Run Winery presents a rare opportunity to acquire a fully integrated winery and hospitality estate located within the Niagara Escarpment AVA in Western New York. Spanning approximately 114...

Not Disclosed

Not Disclosed

Cash Flow: $100,000

Established Event Equipment Rental Company with Proven Growth

Bellingham, WA

Have you envisioned owning a business in the thriving world of weddings and special events? Are you passionate about creating beautiful tablescapes and helping clients bring their celebrations to...

$150,000

$150,000

Albany-Schenectady - Iconic Italian Restaurant + Catering & Banquet B

Schenectady, NY

ESTABLISHED ITALIAN RESTAURANT & CATERING OPERATION - SCHENECTADY COUNTY This premier Italian restaurant represents a rare acquisition opportunity in the greater Schenectady market, featuring over...

$2,200,000

$2,200,000

Cash Flow: $336,049

High-End Event Furniture Rental & Design Company | $1.5M Inventory

Miami, FL

Rare opportunity to acquire a well-established, full-service event furniture rental and design company offering a true “one-stop solution” for high-end and memorable events. The business provides...

$1,170,000

$1,170,000

Banquet & Catering Business For Sale

San Ramon, CA

Located within Courtyard Center, a prominent professional business complex in the heart of San Ramon, the property boasts an exceptional location along a major thoroughfare. This prime position...

$600,000

$600,000

Semi Absentee Event Company with Established Team & Secured Contracts

Riverside County, CA

**SEMI-ABSENTEE EVENT COMPANY – RIVERSIDE COUNTY** Established in 2020, this profitable event services company operates as a home-based business with tremendous growth potential, Serving all of...

$600,000

$600,000

Cash Flow: $160,000

Luxury Resort on Large Recreational Lake!

$2,975,000 - Eclectic, AL

$2,975,000

Eclectic, AL

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

Well Situated Event Center along with Grill & bar & Parking

REAL ESTATE INCLUDED

Cuyahoga County, OH

Well Situated 14,000 S.F. Event Center along with Grill & bar for Sale by Owner/Operators who are Retiring. Also suitable for Conversion to a Social Development Center. Situated at a well travelled...

$700,000

$700,000

REAL ESTATE INCLUDED

Hospitality & Events Business w/ Owned Real Estate *SBA Pre-Approved

REAL ESTATE INCLUDED

St Lucie County, FL

Established Treasure Coast hospitality and events platform featuring an event venue, catering operations, banquet infrastructure, food and beverage service, and owned real estate in Port St. Lucie,...

$3,200,000

$3,200,000

Cash Flow: $404,341

REAL ESTATE INCLUDED

Floral Design and Event Décor Business for sale

Montgomery County, MD

This floral design and event décor company serves the Washington, D.C., Maryland, and Virginia (DMV) area. The business specializes in creating custom floral arrangements and providing full-service...

$95,000

$95,000

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

Wedding Banquet Hall Property & Business for Sale

REAL ESTATE INCLUDED

San Joaquin County, CA

WEDDING BANQUET HALL BUSINESS + PROPERTY FOR SALE Near Sacramento Area, California An outstanding opportunity to acquire a large banquet hall business with real estate in a prime Sacramento-area...

$7,000,000

$7,000,000

REAL ESTATE INCLUDED

Established Event Rental Company | $427K SDE | $750K Assets

Miami, FL

Established and reputable event rental company serving South Florida, offering a full range of equipment for weddings, corporate events, private parties, festivals, and large-scale productions. The...

$1,700,000

$1,700,000

Cash Flow: $427,115

Event Center & Restaurant w/ Multi-Family Invest. & PA Liquor License

Erie County, PA

Highly profitable special event center & restaurant with multi-family investment & Pennsylvania liquor license available for sale in Erie, PA. Offering includes an established event venue and...

$2,895,000

$2,895,000

Phil White

Transworld Business Advisors - Upper Perkiomen Valley

Serving Montgomery County, PA

Transworld Business Advisors was founded in 1979 in South Florida by Don and Bonnie Parrish. And it quickly grew into one of the largest business brokerage firms in the United States. Although the company was thriving, CEO Andrew Cagnetta envisioned even more growth. It wasn’t long before United Franchise Group CEO Ray Titus and Cagnetta teamed up to offer Transworld Business Advisors as a franchise. With more than 30 years of experience in franchising, Titus provided the leadership under United Franchise Group, and Cagnetta provided the business brokerage industry experience. This symbiotic relationship has grown Transworld into more than 250 locations around the world and has helped more than 15,000 business owners sell their businesses.

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Well Established High Volume Event Center with Big Profits

Pasadena, TX

Imagine walking into your own stunning 11,000 square foot wedding venue in Pasadena, just minutes from downtown Houston. This isn't just any event space - it's a modern industrial gem that's been...

$650,000

$650,000

Cash Flow: $298,000

Wedding & Event venue

REAL ESTATE INCLUDED

Murfreesboro, TN

Stone Gate Farm Wedding & Event Venue represents a premier hospitality opportunity situated on a meticulously maintained 20-acre estate in Murfreesboro, Tennessee. Located just seven miles from...

$2,200,000

$2,200,000

REAL ESTATE INCLUDED

Premier Event Centre Business for Sale Turnkey Opportunity

$20,000,000 - Calgary, AB

$20,000,000

Calgary, AB

Price Lowered - Established 30 yrs. - Children’s Party Venue

Bellerose, NY

This established children's party venue and creative arts center represents a compelling acquisition opportunity with over three decades of continuous operation and brand recognition on Long Island....

$90,000

$90,000

Cash Flow: $38,000

Wedding and Event Venue with Restaurant and Winery

Plymouth County, MA

Well-established hospitality business built around a busy wedding and private event venue, with additional revenue from an on-site restaurant and winery. The event side of the business is the main...

$2,900,000

$2,900,000

Cash Flow: $410,000

Moneymaking Italian Restaurant

Fairless Hills, PA

Imagine yourself as the proud owner of this thriving Italian restaurant that's been serving authentic cuisine to a devoted community in Fairless Hills. You'll love how this established gem combines...

$396,000

$396,000

Cash Flow: $266,000

20years Established Wedding & Event Center

Salt Lake City, UT

Established Wedding & Event Center - 20+ Years of Proven Success This premier event venue represents a rare acquisition opportunity in Utah's hospitality market. Operating continuously under...

$400,000

$400,000

Cash Flow: $130,000

Movie Television Staging Manufacturer

Orange County, FL

Manufacturer and Staging Business Established 31 years Does staging< TV Sets, and Movie Sets Facility is 36000 SQ. Ft. of building 2 acres of land...

$2,100,000

$2,100,000

Cash Flow: $1,121,000

Excellent opportunity

Miami, FL

Established Banquet Hall Business - Prime Miami Location This well-established banquet hall presents an exceptional opportunity for an experienced operator or investor looking to enter Miami's...

$450,000

$450,000

Semi-Absentee Downtown Event Space For Sale

Las Vegas, NV

Turnkey, semi-absentee event space, located in a highly desired area. The venue features two 800 sq ft event rooms that can be rented separately or combined, creating flexible booking options and...

$99,999

$99,999

Cash Flow: $37,708

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 Analyzed63
Asking Price$600,000
Reported Revenue$580,000
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
$220,000$600,000$2,050,000

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$329,698$89,250
Median$580,000$164,742
Upper Quartile$1,101,488$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 Quartile0.612.13
Median0.943.36
Upper Quartile1.885.58

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 $220,000 to well over $2,050,000.

How much do Banquet Halls owners earn?

The median reported revenue of Banquet Halls is $580,000 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 0.61 to 1.88, with a median of 0.94. Earning multiples range from 2.13 to 5.58, with the median at 3.36. This means the typical Banquet Hall may ask for around 0.94 times its annual revenue, and 3.36 times its annual owner earnings.

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