REAL ESTATE INCLUDED
Utah
$5,000,000
REAL ESTATE INCLUDED
Utah
$5,000,000
Riverside County, CA
$530,000
Orlando, FL
$1,215,000
North Carolina
$199,999
REAL ESTATE INCLUDED
Minnesota
$2,500,000
Minnesota
$2,500,000
Hollywood, FL
$450,000
Phoenix, AZ
$79,000
Allegheny County, PA
$290,000
Martin County, FL
$2,200,000
Ukiah, CA
$299,000
Delaware, OH
$125,000
REAL ESTATE INCLUDED
Old Forge, NY
$1,450,000
Key Biscayne, FL
$170,000
Philadelphia, PA
$500,000
Port Saint Lucie, FL
$399,000
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.
Tampa, FL
$299,000
REAL ESTATE INCLUDED
$4,250,000
Sitka, AK
$5,700,000
Ohio
$4,000,000
North Carolina
$2,397,000
New York, NY
$1,900,000
Decatur, IL
$625,000
Mason, OH
$250,000
Suffolk County, NY
$850,000
REAL ESTATE INCLUDED
New Jersey
$3,750,000
Florida
$400,000
Westmoreland County, PA
$330,000
Nassau County, NY
$779,000
Indiana
$225,000
Memphis, NC
$160,000
Raleigh, NC
$349,000
REAL ESTATE INCLUDED
Aransas Pass, TX
$6,000,000
Cook County, IL
$129,995
Dfw, TX
$1,600,000
Chaffee County, CO
$50,000
Toronto, ON
$400,000
Holtsville
$375,000
Baltimore, MD
$1,300,000
Greene County, MO
$1,700,000
Chelan County, WA
$599,000
Martin County, FL
$65,000
Tioga County, PA
$285,000
Corona, CA
$599,885
Christopher C. Close
Close-Converse Commercial Properties
Serving Crow Wing County, MN
REAL ESTATE INCLUDED
Coopersburg, PA
$1,500,000
Hollywood, FL
$315,000
Hollywood, FL
$135,000
Houston, TX
$620,000
REAL ESTATE INCLUDED
Pittsburgh, PA
$1,519,000
REAL ESTATE INCLUDED
Michigan
$1,250,000
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.