Pittsburgh, PA
$799,000
Pittsburgh, PA
$799,000
Fox Lake, IL
$4,555,000
Hemingway, SC
$2,500,000
Colchester, CT
Ferndale, MI
$1,114,999
Kelowna, BC
$749,995
Palm Springs, CA
San Francisco, CA
$5,694,000
Poughkeepsie, NY
$299,000
Daytona Beach, FL
$2,900,000
Georgetown, SC
$325,000
Jasper, AR
$2,250,000
Baltimore, MD
$925,000
Edgewater, FL
$1,299,000
Middlesex County, NJ
$1,990,000
Ely, NV
$60,000
William Ilgenfritz
Murphy Business of Pa
Serving Butler County, PA
Murphy Business is one of the largest and most successful business brokers in North America with offices conveniently located throughout the United States and Canada. The Pittsburgh, Pennsylvania (PA) office provides beneficial connections in Pittsburgh, Cranberry, Mars, North Hills area, South Hills, West area and Beaver. Choosing to partner with a national business broker provides an advantageous reach of over one hundred and eighty offices that have affiliations with National and International Business Brokerage and Merger & Acquisition associations. Murphy Business Brokers provide the following unsurpassed services: Skilled intermediaries offer assistance in Mergers and Acquisitions Assisting individuals/companies to Buy the most suitable Business Offering Business Valuation Reports and Appraisal Reports Giving accurate Equipment Appraisals Selling a Business without disclosing its identity Experienced Commercial Real Estate Brokers aid in site selection
Ely, NV
$40,000
$6,500
$75,000
$99,900
$200
$105,000
Making the decision to buy a recreation business or find the right entertainment business that’s for sale can make your professional life a lot more rewarding. Based on reports from the Bureau of Labor Statistics (BLS), consumers spent over $200 billion on entertainment in the United States.
Arts, entertainment and recreation is a vast industry earning almost $310 billion annually and covering over 1.5 million businesses nationwide. The expected industry-wide growth forecast through all businesses and sub-sectors average among the two-percentile range. That offers a lot of positive reinforcement for those looking to buy a recreation business or entertainment business for sale. These sub-sectors include:
Pricing and Valuation Trends
Entertainment and recreation businesses continue to see valuations rise. The median sale price for businesses sold in 2023 rose 5.3% year-over-year, hitting $400,000. 113 businesses in the sector representing $139 million of estimated enterprise value.
Restaurant Asking and Sale PricesYear Sold | Median Asking Price | Median Sale Price |
2018 | $262,500 | $207,500 |
2019 | $320,000 | $260,000 |
2020 | $149,000 | $135,000 |
2021 | $337,000 | $289,950 |
2022 | $339,500 | $380,000 |
2023 | $469,000 | $400,000 |
Sell Your Entertainment and Recreation Business
If you are considering selling your entertainment and recreation business, knowing its value is key to developing a successful exit plan. For guidance on valuing and selling your business, refer to our guide, How To Value & Sell an Entertainment and Recreation business.