Norfolk County, MA
$300,000
Banquet Halls For Sale
Industry Info
Own the Business and the Building - The Mad Hatter, South Shore, MA
Historic 19 Room Inn with Endless Possibilities in Central IL
REAL ESTATE INCLUDED
Illinois
$2,700,000
Event Venue
Bowling Green, KY
$400,000
Stunning, Absentee Wedding Venue
Dallas, TX
$500,000
Banquet Hall for sale in Miami. Florida. Open since 1983..
Miami, FL
$275,000
Turnkey Wedding and Event Center!
REAL ESTATE INCLUDED
Minnesota
$614,000
Beloved Local Restaurant and Banquet Room with Loyal Customer Base
REAL ESTATE INCLUDED
Hartford County, CT
$2,400,000
Price Drop: $325k, Large Restaurant, Bar & Catering Hall-On Waterfront
Solano County, CA
$325,000
All-Inclusive Wedding/Event Center & Property
REAL ESTATE INCLUDED
Utah
$5,000,000
Distillery and Huge Event center for sale
REAL ESTATE INCLUDED
San Bernardino County, CA
$4,500,000
Winery and Banquet Center- Less Than One Hour from St. Louis
REAL ESTATE INCLUDED
St. Louis County, MO
$1,200,000
Successful Busy Banquet Facility & Italian Restaurant.
Hudson County, NJ
$1,000,000
Asset SaleHuge Assemblage of Party Rental Supplies & Equipment- ASSET SALE!
Miami-Dade County, FL
$5,400,000
Missouri Event Venue within Gated Vacation Resort Development
$6,000,000
Camdenton, MO
Asset SaleBrewery Assets and Social Space Available
Minnesota
$650,000
Asset SaleWedding Boutique and Party Rental Facility Inventory Close Out
Porter, TX
$83,250
Steve Lyle
Coldwell Banker Commercial Lyle & Associates
Serving Riverside County, CA
History of Lyle Commercial Lyle Commercial has gained a reputation for providing the best brokerage and real estate investment services to clients active in the Coachella Valley region. Very simply, Lyle Commercial knows its marketplace! Our agents are experienced in the sale and leasing of commercial, retail and office space, as well as the sale of income and investment properties and land. Lyle’s Affiliation with Coldwell Banker Commercial Coldwell Banker Commercial is one of the most respected and recognized names in commercial real estate, both nationally and internationally. Coldwell Banker Commercial Lyle & Associates gives you, our client, greater access to a wide range of resources–both locally in the Coachella Valley as well as nationally and internationally.
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Asset SaleFormer Vietnamese restaurant/ banquet
Warren, MI
$350,000
Asset SaleVenue & Event Space - Asset Sale, Second Generation
Oakland, CA
$150,000
Asset SaleTurnkey Event Venue in Southampton | 16,000 Sq Ft | Seller Financing
Southampton, NY
$1,500,000
Asset SaleTurnkey Modern Indian Restaurant – Event Space Included
Anaheim, CA
$299,000
Asset SaleBanquet Hall & Restaurant
Warren, MI
$2,299,999
Real Estate2 Commercial Retail Buildings Selling As 1 Package at Online Auction
Fayette, OH
$10,000
Real EstatePrivate Ozark paradise of luxury income potential
Hackett, AR
$5,900,000
Real Estate7254 Foothill Blvd, Tujunga Restaurant/Banquet Space
San Fernando, CA
Not Disclosed
Turnkey Party & Inflatable Rental Business – 35 Inflatables, Equipment
$95,000
Clarksburg, MD
Real Estate#1722 - Turnkey Banquet Venue with RE, Liquor License and Lake Views
Belvidere, NJ
$850,000
Real EstateRustic Banquet Hall/Restaurant / Dance Hall on TX-105 Navasota, TX
Navasota, TX
$2,999,000
Real EstateCartier Ultralounge and banquet for sale.
Detroit, MI
$225,000
Real EstateLarge Banquet Hall, Office Corner, Restaurant For Sale
Alpharetta, GA
$5,950,000
Real EstateElegant Banquet Hall and Restaurant for sale (REAL ESTATE INCLUDED)
Hartford County, CT
$2,499,000
Real EstateChateau Along Niagara Wine Trail
Lockport, NY
$650,000
Real Estate19 +/- acre Waterfront Development Opportunity, Chain O" Lakes, IL
Fox Lake, IL
$4,555,000
Buy or Sell a Banquet Hall
| 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 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
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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