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Banquet Halls For Sale

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Industry Info
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

Turnkey, Fully Equipped DineIn/Delivery/Catering/Event Hall Restaurant
Asset Sale

Lawrenceville, NJ

A fully equipped, permitted and trading full-service Indian restaurant facility on the Quakerbridge Road corridor in Lawrence Township, Mercer County, offered as a business asset sale at $175,000...

$175,000

$175,000

Nassau Restaurant & Catering Hall | 48-Year History | Lease or Buy RE
Asset Sale

Oceanside, NY

PRICE REDUCED! ICONIC 48-YEAR-OLD RESTAURANT, BAR & CATERING HALL — TURNKEY ASSET SALE REAL ESTATE CAN BE PURCHASED Asset Sale | Southern Nassau County, NY | Owner Retiring After Nearly Five Decades A...

$399,000

$399,000

Fully equip your Restaurant, Catering, or Rentals business
Asset Sale

East Weymouth, MA

Opportunity to acquire a vast array of furniture, fixtures and equipment ideal for a restaurant, catering or events business at substantially below fair market value. The following items are included...

$75,000

$75,000

Banquet Hall - SW Houston
Asset Sale

Houston, TX

This is an event venue in Southwest Houston, Texas. The venue is an affordable banquet hall for weddings, quinceañeras, engagement parties, birthdays, anniversaries, graduations, and other...

$220,000

$220,000

Armenian restaurant for sale
Asset Sale

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

Restaurant and banquet hall
Asset Sale

West Bloomfield, MI

Great opportunity to own an Established Restaurant and banquet hall, with Liquor license. Could be turned to a bar. it seats 200 Persons, Complete remodeled. located in a large plaza and very busy...

$499,000

$499,000

Established Catering & Event Venue for Sale
Asset Sale

Dutchess County, NY

LISTING ID # 37530 Established Catering & Event Venue | Dutchess County, NY | Golf Course Location This unique catering and event venue is ideally located within a well-known golf course in Dutchess...

$1,000,000

$1,000,000

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....

$1,650,000

$1,650,000

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

Wedding Boutique and Party Planning 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...

$45,000

$45,000

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

Turnkey Modern Indian Restaurant – Event Space Included
Asset Sale

Anaheim, CA

Step into a 5,789 SF, beautifully remodeled Indian restaurant with stylish décor and inviting ambience. This banquet hall is located in the desirable Anaheim Hills community of Orange County, this...

$150,000

$150,000

Iconic Live Music Theatre and Event Center

$3,500,000 - Colorado Springs, CO

$3,500,000

Colorado Springs, CO

Eastpointe - Freestanding Banquet Hall/Event Center
Lease Only

Eastpointe, MI

Freestanding banquet hall/event center available for sale/for lease. No liquor license included in the sale. Approximately 450-person capacity with flexible configuration for one (1) large event space...

Not Disclosed

Not Disclosed

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...

$2,799,000

$2,799,000

David Enos

AMD Custom Business Brokers

Serving Monroe County, NY

AMD Custom Business Brokers was formed through the strategic combination of two respected brokerage firms, Custom Business Brokers and AMD Business Brokers. This partnership brought together decades of industry expertise, a proven track record of successful transactions, and a reputation for delivering exceptional client service. Built on a foundation of professionalism, discretion, and results, AMD Custom Business Brokers has quickly established itself as a trusted leader in the business brokerage and advisory space. Our team is committed to creating value for business owners and buyers alike by leveraging deep market knowledge, an extensive network of relationships, and a client-first approach that ensures every transaction is handled with care and precision. What sets AMD Custom Business Brokers apart is the ability to balance the resources and reach of a large firm with the personalized attention of a boutique advisor. Every client engagement is approached with integrity, confidentiality, and a relentless focus on outcomes that align with long-term goals. With an expanding team of brokers and advisors, a growing portfolio of active opportunities, and a reputation for excellence, AMD Custom Business Brokers continues to shape the future of business transitions across multiple industries and markets. At our core, we believe that every business has a story, and our mission is to help owners realize the full value of their hard work while helping buyers unlock new opportunities for growth and success.

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Turnkey Wedding & Events Venue with Real Estate Included
Real Estate Only

Tarrant County, TX

Confidential opportunity to acquire a beautifully developed wedding and events venue located in a rapidly growing region of North Texas. Built with attention to design, flow, and ambiance, the...

$975,000

$975,000

#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

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

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

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

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 Analyzed66
Asking Price$625,000
Reported Revenue$505,000
Reported Seller's Discretionary Earnings$164,742
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.

Asking Price

Lower QuartileMedianUpper Quartile
$250,000$625,000$2,000,000

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$355,200$91,250
Median$505,000$164,742
Upper Quartile$1,101,984$280,000

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 Quartile0.601.93
Median0.873.51
Upper Quartile1.925.82

FAQ's

How much does it cost to buy a Banquet Hall?

The median asking price for an established Banquet Hall is $625,000, though prices range from under $250,000 to well over $2,000,000.

How much do Banquet Halls owners earn?

The median reported revenue of Banquet Halls is $505,000 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 0.60 to 1.92, with a median of 0.87. Earning multiples range from 1.93 to 5.82, with the median at 3.51. This means the typical Banquet Hall may ask for around 0.87 times its annual revenue, and 3.51 times its annual owner earnings.

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