Hanover County, VA
$600,000

Hanover County, VA
$600,000

Oriental, NC
$3,000,000

Reedville, VA
$1,499,000

Sandy, UT
$100,000
Shelby County, TN
Not Disclosed
EBITDA: $2,981,361
Los Angeles County, CA
$380,000
Davidson County, TN
$565,000
Texas
Not Disclosed
EBITDA: $1,110,373
Denton County, TX
$600,000
Clinton Township, MI
$1,999,000
Bradenton, FL
$46,000
New Jersey
$10,800,000
Kapolei, HI
$370,000
$649,000
Washington
Alameda County, CA
$850,000
Bolingbrook, IL
$100,000
Bobby Panahi, MBA
BPRE
Serving Los Angeles County, CA
BPRE is located in Beverly Hills and serves the Southern California region. The founder and managing broker, Bobby Panahi, is an entrepreneur with over 20 years of real estate experience specializing in commercial sales/leasing, bulk asset business sales, and real estate development. Bobby holds an MBA from UCLA's Anderson School of Management and has lived most of his life in the Los Angeles area. While serving as President of one of T-Mobile's top retail partners, Bobby gained extensive knowledge of Southern California's commercial geography and real estate landscape, which he eventually leveraged to build a thriving business brokerage
Colorado
$535,000
Texas
$4,600,000
Ambler, PA
$750,000
Illinois
$1,325,000
Iowa
$1,550,000
Houston, TX
$550,000
Fairfield County, CT
$500,000
Miami, FL
$20,000,000
$200,000
Jonestown, TX
Shelby, AL
$875,000
Des Moines, IA
$10,000
Minnesota
$49,900
REAL ESTATE INCLUDED
Ohio
$700,000
Nassau County, NY
$299,000
Chandler, AZ
$795,000
REAL ESTATE INCLUDED
Florida
$25,000,000
Texas
$1,000,000
Virginia Beach County, VA
$480,000
Phoenix, AZ
$100,000
$125,000
Tampa, FL
Bergen County, NJ
$975,000
California
$190,000
Pensacola, FL
$600,000
Hampden County, MA
$579,000
Festus, MO
$2,650,000
Parker, CO
$115,000
Mason County, WA
$975,000
Minocqua, WI
$1,499,000
Sonia Kaur
Urban Real Estate
Serving Madison County, MS
Real Estate Broker
Westchester County, NY
$395,000
Denton, TX
$70,000
$1,500,000
Ashburn, VA
Carteret County, NC
$285,000
Georgia
$2,500,000
Abilene, TX
$59,999
Ohio
$2,100,000
Sedona, AZ
$1,200,000
Middleville, MI
$40,000
Benton County, MN
$1,399,900
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 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.