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Banquet Halls For Sale

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Popular Indian Restaurant with Event Space – Prime Baltimore Location

Nottingham, MD

Exceptional opportunity to acquire a highly successful and well-reviewed Indian restaurant in a prime Baltimore, MD location. This modern, turn-key establishment was newly built in 2022 and recently...

$699,000

$699,000

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 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

Event & Productions Company for Sale in New York

Sullivan County, NY

LISTING ID # 36677 This full-service entertainment and production company operates throughout the tri-state area and has built a strong reputation for delivering high-quality event services, despite...

$175,000

$175,000

Cash Flow: $50,000

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

Banquet & Event Venue for Sale – Turnkey Opportunity!

Joliet, IL

Transform your entrepreneurial vision into reality with this turnkey banquet and event venue that delivers immediate cash flow and exceptional growth potential. You'll step into a profitable operation...

$500,000

$500,000

Gates 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!...

$185,000

$185,000

Ashtabula Event Center

REAL ESTATE INCLUDED

Andover, OH

Established Ashtabula Event Center For Sale Current event center & assembly hall Potential reuse – restaurant, retail, theater, live music venue, dance hall, etc. New Roof & zero deferred maintenance...

$510,000

$510,000

REAL ESTATE INCLUDED

Legendary Chicago Nightclub & Bar w/Real Estate

REAL ESTATE INCLUDED

Chicago, IL

~ Here's what makes this opportunity exciting: Owner open to discussing "Owner Financing" for qualified buyers with strong financials and approximately 30/40% down payment (Terms to be negotiated) ~...

$1,400,000

$1,400,000

REAL ESTATE INCLUDED

Large Entertainment Venue & Restaurant MRB VA 1603

Frederick County, VA

Thriving Full-Service Restaurant & Bar | $3M+ Sales | Frederick County, VA Offered at $1,100,000 Incredible opportunity to acquire a long-established and highly profitable full-service restaurant and...

$1,100,000

$1,100,000

Just Listed!! Beautiful Turn Key Event Center - inquire for location

Adams County, CO

Turn-Key Event & Wedding Center Welcome to this stunning turn-key event and wedding center located in the heart of Westminster, Colorado. Built in 2012 and thoughtfully designed, this beautiful...

$4,950,000

$4,950,000

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

Elite Wedding & Event Venue for sale in Southwest Ohio

$3,950,000 - Dayton, OH

$3,950,000

Dayton, OH

First Class Event Venue For Sale in Southern Ohio

REAL ESTATE INCLUDED

Ohio

An award winning and sought-after wedding and event venue located in Southern Ohio, this business offers a multitude of revenue opportunities. Established Brand & Market Presence – Recognized as one...

$5,100,000

$5,100,000

Cash Flow: $307,205

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

Patrick Hannigan

Hannigan

Serving Cumberland County, ME

Success Franchise Advisors is a world leader in both new territory development and resales of franchise business. We have helped hundreds of clients buy and sell their franchise businesses. In addition we have assisted numerous businesses with their expansion by becoming a franchise. With offices located throughout the US as well as Australia, New Zealand and the Middle East we offer an extensive service to business owners. Call or text 224-456-7008

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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

Fully functioning Banquet Hall. Recently updated. With Parking fo 31+

Chicago, IL

Banquet Hall for up to 260 people with parking for 31+ cars Pristine condition recently remodeled. New Bathrooms Parking for 31+ cars with ample street parking Close to 94 and O'Hare Great NW Side...

$1,850,000

$1,850,000

Own the Business and the Building - The Mad Hatter, South Shore, MA

Norfolk County, MA

Own a thriving South Shore landmark! 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 bustling main street, plus...

$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

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

Endless Possibilities Await with this Wedding Venue/Chapel/Home!

$2,150,000 - Sycamore, IL

$2,150,000

Sycamore, IL

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

Wedding Venue & Lifestyle property
Asset Sale

Selma, IN

Motivated seller. Rare opportunity to own a truly unique turnkey property set on 7.65 scenic acres with endless potential in beautiful Selma, Indiana. This remarkable estate features a private 3/4...

$340,000

$340,000

Indian Restaurant w/ Event Space – 47 Liquor License
Asset Sale

Anaheim, CA

Asset Sale Description - MOTIVATED SELLER! Step into a 5,789 SF, beautifully remodeled Indian restaurant with stylish décor and inviting ambiance. Located in the desirable Anaheim Hills community of...

$125,000

$125,000

Huge Assemblage of Party Rental Supplies & Equipment- ASSET SALE!
Asset Sale

Miami-Dade County, FL

Offered for sale and for the first time here, is the largest assemblage of party rental and special events equipment and accessories catalog in the State of Florida and possibly in the entire Country....

$2,600,000

$2,600,000

Brewery Assets and Social Space Available
Asset Sale

Minnesota

ASSET SALE OPPORTUNITY - Brewery operation. Offering price is for business goodwill, all furniture, POS, kitchen, fixtures and state-of-the-art brewery equipment. Assets are newer with showpiece state...

$650,000

$650,000

Armenian restaurant for sale
Asset Sale

Glendale, CA

ARMENIAN VENUE / RESTAURANT ASSET SALE – GLENDALE Fully remodeled Armenian venue in busy Glendale location. Great for catering, daycare, restaurant, private parties & night events. Includes tables,...

$99,000

$99,000

Wedding Boutique and Party Rental Facility Inventory Close Out
Asset Sale

Porter, TX

After 20 highly successful years in the wedding and event industry, the owner of Rose Garden Wedding Boutique has made the decision to retire and close their business. This presents a unique...

$83,250

$83,250

Venue & Event Space - Asset Sale, Second Generation
Asset Sale

Oakland, CA

***NOTE: AD IMAGE IS NOT THE ACTUAL SPACE*** Great opportunity for a more dedicated owner-operator to own a Venue/Event Space! Layout is convertible for another concept upon landlord approval. All...

$150,000

$150,000

Deluxe bed & breakfast, with 7 suites and 6-2 bedroom cottages on Lake

$4,100,000 - Monticello, IN

$4,100,000

Monticello, IN

Turnkey Event Venue in Southampton | 16,000 Sq Ft | Seller Financing
Asset Sale

Southampton, NY

? Prestigious Turnkey Event Venue in Southampton Historic Elegance Meets Modern Functionality | 16,000 Sq Ft | 350 Guest Capacity ? Seller is Highly Motivated — Will Consider Seller Financing with...

$1,500,000

$1,500,000

#1722 - Turnkey Banquet Venue with RE, Liquor License and Lake Views
Real Estate Only

Belvidere, NJ

The sale includes: real estate (2 lots), liquor license and FFE Property Description: Stunning turnkey event venue with breathtaking lakefront views of Mountain Lake. Fully renovated in 2020, this...

$850,000

$850,000

Rustic Banquet Hall/Restaurant / Dance Hall on TX-105 Navasota, TX
Real Estate Only

Navasota, TX

Navasota River Halls is a premier event venue located in the rapidly growing town of Navasota, Texas. Spanning 8.66 acres, this property offers 21,920 +/- SF of flexible event space, making it an...

$2,999,000

$2,999,000

7254 Foothill Blvd, Tujunga Restaurant/Banquet Space
Lease Only

San Fernando, CA

7254 Foothill Blvd, Tujunga Restaurant/Banquet Space With Large Kitchen RRC#5261 Offered At $8,500 per month Location: 7254 Foothill Blvd, Tujunga Annual Revenue: Contact for Info Annual Cash Flow:...

Not Disclosed

Not Disclosed

Cartier Ultralounge and banquet for sale.
Real Estate Only

Detroit, MI

Cartier Ultra Lounge is on the market, this is now a restaurant with a full kitchen. This business while the liquor license was attached was open as a bar/restaurant and banquet hall. You can easily...

$225,000

$225,000

Large Banquet Hall, Office Corner, Restaurant For Sale
Real Estate Only

Alpharetta, GA

Prime commercial real estate opportunity featuring a 21,000 square foot multi-use facility strategically positioned on a 2.97-acre corner lot at the intersection of McGinnis Ferry Road and Old...

$5,950,000

$5,950,000

Elegant Banquet Hall and Restaurant for sale (REAL ESTATE INCLUDED)
Real Estate Only

Hartford County, CT

Spacious and beautifully designed banquet hall available for sale in a prime location. This turnkey venue is perfect for weddings, corporate events and celebrations featuring ample parking, fully...

$2,499,000

$2,499,000

Unique Opportunity to own Resort & Venue
Real Estate Only

Franklin County, TX

THE PINES RV & CABIN RESORT - 21.44 ACRES WITH TALL PINES, COMPLETE WITH 65 RV PADS, 6 CABINS, GENERAL STORE, COMMERCIAL PLAYGROUND, TWO DOG PARKS, SWIMMING POOL, FISHING POND, PAVILION, FITNESS...

$3,900,000

$3,900,000

Ravi Thakkar

YIBROKER LLC

Serving Jackson County, GA

YI Broker Realty is a full-service real estate and business brokerage firm specializing in commercial and residential transactions, with a strong focus on business sales and investment opportunities. With decades of combined experience, the firm is known for delivering results-driven, client-focused services. The company works with buyers, sellers, and investors to identify high-value opportunities across industries such as retail, hospitality, gas stations, and mixed-use properties. Each transaction is tailored through customized deal structuring to align with clients’ financial goals and long-term strategies. YI Broker Realty provides end-to-end support, from valuation and marketing to negotiation and closing, ensuring a smooth and efficient process. Backed by strong market knowledge and industry relationships, the firm is committed to transparency, professionalism, and successful outcomes.

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Chateau Along Niagara Wine Trail
Real Estate Only

Lockport, NY

Introducing Honeymoon Trail Winery. This property features 11 acres and great opportunity in the heart of the Niagara Wine Trail. Walk into the beautiful tasting room with award winning wines and...

$650,000

$650,000

19 +/- acre Waterfront Development Opportunity, Chain O" Lakes, IL
Real Estate Only

Fox Lake, IL

Don't miss out on this incredible opportunity to own a prime 18-acre site located on Route 12 in Fox Lake on the Chain O'Lakes. Situated next to the new Culver's and Ben Watt's Marina, this location...

$4,555,000

$4,555,000

Event Rentals - Draft Trailers/Mobile Bars

$450,000 - Marysville, CA

$450,000

Marysville, CA

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 Analyzed59
Asking Price$700,000
Reported Revenue$680,000
Reported Seller's Discretionary Earnings$177,337
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.

Asking Price

Lower QuartileMedianUpper Quartile
$262,500$700,000$2,200,000

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$351,360$96,330
Median$680,000$177,337
Upper Quartile$1,200,000$306,847

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 Quartile0.722.47
Median0.933.51
Upper Quartile2.145.58

FAQ's

How much does it cost to buy a Banquet Hall?

The median asking price for an established Banquet Hall is $700,000, though prices range from under $262,500 to well over $2,200,000.

How much do Banquet Halls owners earn?

The median reported revenue of Banquet Halls is $680,000 and owners earn a median of $177,337, 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 0.72 to 2.14, with a median of 0.93. Earning multiples range from 2.47 to 5.58, 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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