Norfolk County, MA
$300,000

Norfolk County, MA
$300,000

REAL ESTATE INCLUDED
Illinois
$2,700,000
Bowling Green, KY
$400,000

Dallas, TX
$500,000
Miami, FL
$275,000
REAL ESTATE INCLUDED
Minnesota
$614,000
REAL ESTATE INCLUDED
Hartford County, CT
$2,400,000
Solano County, CA
$325,000
REAL ESTATE INCLUDED
Utah
$5,000,000
REAL ESTATE INCLUDED
San Bernardino County, CA
$4,500,000
REAL ESTATE INCLUDED
St. Louis County, MO
$1,200,000
Hudson County, NJ
$1,000,000
Minnesota
$650,000
$295,000
San Diego, CA
Porter, TX
$83,250
Warren, MI
$350,000
MEL LISITEN
LISITEN ASSOCIATES
Serving New York County, NY
Since 1982, Lisiten Associates has been a premier business brokerage firm, providing expert consulting and brokerage services to individual buyers, sellers, corporations, and investment groups worldwide. We specialize in facilitating the sale of private businesses with annual revenues ranging from $5 million to $100 million. Our team delivers personalized service tailored to meet the specific needs of each client. Our key areas of expertise include: • Aerospace • Manufacturing and Industrial Enterprises • Wholesale, Production, and Distribution • Healthcare, Homecare, and Medical Practices • Technology and IT Sectors • Software & Cybersecurity • Hospitality and Food Service Industries • Construction and Real Estate Development Industries • Professional Services and Consulting Firms • Retail and Consumer Goods • Franchisor Opportunities • Online and E-Commerce Businesses • Niche and Specialized Markets • Green and Sustainable Industries Our Expertise Led by seasoned business advisors, Lisiten Associates is known for its professionalism and commitment to confidentiality. Our comprehensive services range from brokering business sales to consulting on company valuation, growth strategies, marketing, sales, advertising, production, and operational improvements. Recognized Excellence – Awards & Publications Lisiten Associates has established itself as the premier M&A business brokerage in the New York Tri-State Area. Our firm is distinguished not only by our extensive portfolio of successful transactions but also by the numerous accolades we have received from leading publications and industry organizations. Accolades and Recognition Since our inception in 1982, Lisiten Associates has been honored with dozens of prestigious awards, underscoring our commitment to excellence in the field of Mergers and Acquisitions. Visit us online to learn more at https://lisitenassociates.com
Oakland, CA
$150,000
Southampton, NY
$1,500,000
Anaheim, CA
$299,000
Warren, MI
$2,299,999
Fayette, OH
$10,000
Hackett, AR
$5,900,000
San Fernando, CA
Not Disclosed
Belvidere, NJ
$850,000
$6,000,000
Camdenton, MO
Navasota, TX
$2,999,000
Detroit, MI
$249,900
Alpharetta, GA
$5,950,000
Hartford County, CT
$2,499,000
Lockport, NY
$650,000
Fox Lake, IL
$4,555,000
| 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 |
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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