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
Nathan Teinert
Graystone
Serving Travis County, TX
Graystone was founded to bring industry-leading services to our clients. Our consultants bring a collaborative strategy to maximize the potential opportunity on all listings, acquisitions, and consulting. This allows us to distinguish ourselves from competitors, with expertise covering multiple industries. Graystone uses a highly tailored process in every transaction. Our first priority is establishing a strong two-way partnership with our clients. The next stage is defining potential acquirers, creating compelling marketing tactics, gathering and analyzing data, drawing in supplemental prospects, and capturing as much value as possible while minimizing risk. By guiding sellers through the complex M&A process with our specialized expertise, we are able to ensure that deals are successfully closed and that clients are completely satisfied with the end result.
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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