$25,000
Entertainment and Recreation Businesses For Sale
Industry Info
Buy an Entertainment and Recreation Businesses For Sale Today!
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:
- Art Galleries
- Bowling centers
- Casinos
- Concert and event promotion
- Golf courses and driving ranges
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 Prices| Year 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.
