Stone County, MO
$750,000
Stone County, MO
$750,000
Las Vegas, NV
$220,000
Washington, DC
$159,000
REAL ESTATE INCLUDED
Minnesota
$559,000
Saint Louis, MO
$3,000,000
Jackson County, GA
$200,000
Baltimore County, MD
$49,900
Westwood, NJ
$350,000
Pittsburgh, PA
$750,000
Park Falls, WI
$220,000
Park Falls, WI
$374,900
REAL ESTATE INCLUDED
Bibb County, GA
$29,000
Peoria, IL
$60,000
$275,000
Ellicott City, MD
Collin County, TX
$485,000
St. Johns County, FL
$99,500
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.
Oregon
$1,200,000
REAL ESTATE INCLUDED
Hartford County, CT
$2,400,000
Forsyth County, NC
$65,000
REAL ESTATE INCLUDED
Georgia
$700,000
Jacksonville, FL
$90,000
Coeur D'alene, ID
$595,000
Waupaca, WI
$495,000
Philadelphia County, PA
$495,000
$1,500,000
Pompano Beach, FL
Ocala, FL
$129,999
Weston, FL
$1,200,000
Collin County, TX
$599,000
$550,000
REAL ESTATE INCLUDED
North Carolina
$775,000
New York
Cash Flow: $368,000
REAL ESTATE INCLUDED
New York
$1,500,000
Worcester County, MA
$275,000
DuPage County, IL
$750,000
Alaska
$4,000,000
Baltimore, MD
$450,000
Miami-Dade County, FL
$295,000
South Carolina
$375,000
West Des Moines, IA
$750,000
Solano County, CA
$325,000
Orange County, FL
$250,000
Michigan
Cash Flow: $245,000
$1,600,000
Atlanta, GA
$695,000
Christopher C. Close
Close-Converse Commercial Properties
Serving Crow Wing County, MN
Saint Augustine, FL
$35,000
Seattle, WA
$500,000
Florida
$199,999
REAL ESTATE INCLUDED
Seabrook, TX
$1,695,000
New York County, NY
$1,500,000
Harris County, TX
$775,000
North Miami Beach, FL
$120,000
Fort Lauderdale, FL
$250,000
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.