St Pete Beach, FL
$47,000
St Pete Beach, FL
$47,000
Birmingham, AL
$299,000
Miami-Dade County, FL
$299,000
Richmond, VA
$150,000
REAL ESTATE INCLUDED
Miami-Dade County, FL
$3,850,000
Miami, FL
$25,000,000
Broward Mall, FL
$169,918
Trenton, NJ
$699,999
REAL ESTATE INCLUDED
Newton Falls, OH
$425,000
Santa Clara County, CA
$735,000
California
$200,000
Tampa, FL
$1,180,000
$65,000
Kennebec County, ME
Dallas, TX
$375,000
North Hollywood, CA
$590,000
Michael Weisbeck
Sunbelt Business Advisor of North Dakota
Serving Burleigh County, ND
Sunbelt Business of North Dakota specializing in business mergers, acquisitions, and valuations. It is part of the worldwide Sunbelt Network of over 200 offices. Sunbelt specializes in small and medium size privately held companies with a particular emphasis on manufacturing, distribution and select business-to-business service industries. Sunbelt is dedicated to providing clients with confidential and professional representation and assisting them in achieving their business objective.
Galveston County, TX
$250,000
Monmouth County, NJ
Cash Flow: $315,388
REAL ESTATE INCLUDED
Port Orange, FL
$1,200,000
St. Louis County, MO
$299,000
Ontario, CA
$325,000
Palm Beach Gardens, FL
$399,900
New York
$1,400,000
American Fork, UT
$64,995
$395,000
Port Saint Lucie, FL
Nueces County, TX
$1,500,000
Lee County, FL
$349,000
Watertown, CT
$70,000
Chesaning, MI
$999,990
REAL ESTATE INCLUDED
East Ontario, ON
$650,000
Myrtle Beach, SC
$368,000
Davie, FL
$750,000
Columbia County, NY
$3,500,000
Brevard County, FL
$5,000,000
Texas
$495,000
$1,700,000
Minocqua, WI
Minnesota
$40,000
Minnesota
$156,028
REAL ESTATE INCLUDED
Ohio
$4,900,000
Ocoee, FL
$540,000
Atlanta, GA
$350,000
Saint Louis, MO
$1,250,000
Oregon
$200,000
REAL ESTATE INCLUDED
Alabama
$995,000
Christopher C. Close
Close-Converse Commercial Properties
Serving Crow Wing County, MN
El Paso County, CO
$750,000
North Carolina
$2,499,999
$37,000
Tampa, FL
$450,000
Irvine, CA
$4,500,000
Virginia
$195,000
REAL ESTATE INCLUDED
Iowa
$1,450,000
Buffalo, NY
$199,900
Cobb County, GA
$1,200,000
Union County, NC
$3,000,000
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.