Share This Posting from BizBen.com
Share this listing with a friend, colleague, or interested buyer!
Illinois
Turnkey Legacy Banquet Hall Business with Property
Asking Price
$4,775,000
Revenue
Call/Email
Down
$4,775,000
Cash Flow
Call/Email
Name: Steve Eschbach NS
Name
Steve Eschbach NS
Description
More than satisfied customer experiences have resulted in steady business throughout the years, but current owners are involved in multiple other business endeavors that limit further growth. New ownership with a dedicated focus on a growing post-Covid desire for in-person events that include but not limited to weddings and anniversary celebrations on the personal side along with corporate retreats and team-building exercises on the professional side will take advantage of an expected growth in the industry of over 5 percent in the near-term future.
https://tworld.com/locations/Illinois/northstar/listings/Turnkey-Legacy-Banquet-Hall-Business-with-Property
Business Details
Year Established:
2001
Employees:
8
FE&E:
$384,364
Reason for sale:
Pursuing Other Opportunities
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
17441-803775
Sales:
$685,262
Seller's Discretionary Earnings:
$3,329
Inventory:
$10,000
Posting Information
Posting ID:
ID tw:90077 / Listing Number 17441-803775
Business Category:
Real Property Rltd
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Turnkey Legacy Banquet Hall Business with Property
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*90077
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
Recommended Businesses
Oaxaca, Oaxaca
Oaxaca Hotel Opportunity With Excellent ROI
$ 2,500,000
Oportunidad para adquirir una propiedad hotelera generadora de ingresos en el Centro Histórico de Oaxaca, ubicada a pocos minutos caminando del Zócalo y de los principales atractivos turísticos de la ciudad. El inmueble se encuentra arrendado a un operador hotelero mediante un contrato de largo plazo con más de 10 años de vigencia remanente, generando ingresos recurrentes por arrendamiento sin necesidad de participar en la operación cotidiana del hotel. La venta se maneja bajo estricta confidencialidad. Información adicional sobre el inmueble, contrato de arrendamiento y términos financieros será proporcionada a compradores calificados después de la firma de un NDA. EN Exceptional opportunity to acquire an income-producing hotel property in the Historic Center of Oaxaca, Mexico, one of the country's most recognized cultural and tourism destinations. Located within walking distance of the Zócalo and major tourist attractions, the property combines a strategic central location, colonial character and an established hospitality use. The real estate is currently leased to an established hotel operator under a long-term lease agreement with more than 10 years remaining, providing the property owner with recurring contractual rental income without the need to manage day-to-day hotel operations. This opportunity may be particularly attractive to investors seeking hospitality real estate in Mexico, passive income, long-term leased commercial property, or exposure to Oaxaca's strong tourism market. The sale is being conducted on a strictly confidential basis. Property details, lease information and financial terms will be provided to qualified buyers upon execution of a Confidentiality Agreement (NDA). https://tworld.com/locations/Oaxaca/fortlauderdale/listings/Oaxaca-Hotel-Opportunity-With-Excellent-ROI
Albany County, New York
Confidential Sale | Premier Restaurant Generating $4M+ Revenue
$ 995,000
Exceptional opportunity to acquire a well-established, high-volume restaurant generating over $4,500,000 in annual gross sales. This turnkey operation has built a strong reputation, loyal customer base, and consistent financial performance. The business benefits from prime visibility, long successful track record, and proven operating systems that support continued profitability. Features include a spacious dining area, fully equipped commercial kitchen, ample parking, and strong local brand recognition. Ownership has invested significantly in operations, creating a business that runs efficiently and offers excellent cash flow. Ideal for an owner-operator, hospitality group, or strategic buyer seeking immediate scale with substantial upside through expanded catering, events, additional locations, or extended operating hours. The operation features seasoned staff, documented systems, strong management, and attractive facilities. Ownership is willing to provide transition support to ensure a smooth handoff. Qualified buyers will gain access to detailed financial information upon execution of a confidentiality agreement. Highlights: • $4M+ annual revenue • Strong earnings and cash flow • Established brand and loyal clientele • Experienced management and staff in place • Turnkey operation with proven systems • Significant growth opportunities The business can expand hours and catering. They may also benefit from more outside dining. https://tworld.com/locations/New-York/albany/listings/Confidential-Sale-Premier-Restaurant-Generating-4M-Revenue-
Grafton County, New Hampshire
Restaurant and Event Facility with Lake Views for Sale
$ 500,000
Unmatched Destination Location & "Irreplaceable" Views This restaurant facility is located in the Lakes Region with views of a large lake. It has high-end finishes inside and out with large large outdoor decks so guests can eat in full view of the lake. Inside include dining and a bar. Property includes almost 5,000 SF across two buildings with an apartment. Currently run as a seasonal restaurant with revenues over $1M and netting back about $500,000 for the owner. Lots of possibilities here. It could be kept as a seasonal restaurant or opened for a longer period or used as a wedding venue. Lot has even been approved for residential building. https://tworld.com/locations/New-Hampshire/newhampshire/listings/Restaurant-and-Event-Facility-with-Lake-Views-for-Sale
Erath County, Texas
RV & Equestrian Property With Expansion Potential
$ 1,500,000
Unique opportunity to acquire an established RV, residential and equestrian rental operation together with approximately 15.62 acres of real estate in North Central Texas, approximately 75 miles southwest of Fort Worth. Located in the Stephenville area, the property benefits from a distinctive combination of university, rodeo, equestrian and temporary-housing demand. The property serves a distinctive mix of long-term and seasonal RV residents, residential tenants, equestrian customers and shorter-term guests. Demand is supported by the area's substantial university population, active rodeo and equestrian community, recurring events and temporary housing needs. Ownership reports strong school-year RV occupancy and waiting-list demand during peak periods. Significant acreage remains available for future development, creating opportunities to evaluate additional residential units, RV sites, equestrian capacity and RV/trailer storage. Ownership has previously explored a residential expansion concept involving up to approximately 70 tiny homes, subject to buyer verification of site planning, infrastructure capacity, permitting and governmental requirements. The operation requires relatively limited management time, with physical maintenance substantially outsourced. Gross revenue increased from approximately $105,000 in 2023 to $134,000 in 2025, with approximately $111,000 generated through August 2026. The real estate and operating business are offered together for $1,500,000. Significant upside exists through both additional development and optimization of the existing operation. A substantial portion of the 15.62 acres remains available for future use, with ownership having previously explored a residential concept involving up to approximately 70 tiny homes, subject to buyer verification of infrastructure, permitting and development feasibility. Additional opportunities include expanding RV sites and equestrian capacity, adding RV/trailer storage, increasing event-driven and short-term occupancy, and optimizing rental, horse boarding and ancillary-service rates. More formal digital marketing and online reservation capabilities could also improve utilization and streamline management. https://tworld.com/locations/Texas/southandwesttexas/listings/RV-Equestrian-Property-With-Expansion-Potential
Fulton County, Georgia
Turnkey Event Venue with Recurring Revenue & Growth Potential
$ 160,000
Turnkey event venue serving weddings, private celebrations, corporate events, baby and bridal showers, birthdays, proposals, dinner parties, photo shoots, and other intimate gatherings. The business has developed into a full-service event operation that offers clients significantly more than basic space rental, with additional revenue generated through furniture, décor, backdrops, photo booth services, lounge setups, linens, bartending, and other event add-ons. The venue can accommodate approximately 70 guests and has hosted more than 280 events since opening. The business has built a strong local reputation supported by positive customer reviews, an established digital presence, and a growing base of referrals and word-of-mouth business. Lead generation is supported by Google, the company website, social media, paid advertising, and its Google Business Profile, providing multiple channels for attracting new customers. Operations are supported by reusable furniture, décor, lighting, photo booth equipment, and other event assets that can be used repeatedly across bookings. Clients typically reserve events in advance and make payments leading up to the event date, providing visibility into upcoming revenue and helping support cash flow. The business also benefits from recurring income generated by an existing tenant within the space, which helps offset a portion of fixed overhead. This opportunity may be well suited for an existing event venue operator looking to expand, an event planner or decorator seeking a dedicated venue, an industry professional looking to establish ownership, or an entrepreneur seeking an operating business with established systems, event assets, marketing infrastructure, and a team already in place. Significant opportunities remain to increase weekday bookings, expand corporate events, promote higher-value packages, and maximize available event times. Additional revenue can also be generated through event add-ons such as décor, furniture, photo booth, lounge setups, bartending, and other services. https://tworld.com/locations/Georgia/atlantanorth/listings/Turnkey-Event-Venue-with-Recurring-Revenue-Growth-Potential
Accra Metropolitan County, Greater Accra Region
1.15-Acre Commercial Development Land – Greater Acc
$ 3,000,000
Approximately 1.15 acres of commercial land are available for sale in a strategically positioned and well-established commercial area within Greater Accra. The property offers an opportunity for investors, developers, and businesses seeking a substantial parcel of land for commercial or investment purposes. The property benefits from its location within a busy and accessible commercial corridor, with major retail and financial landmarks in the surrounding area. Its size provides flexibility for a range of potential commercial development concepts, subject to applicable zoning, planning requirements, and approvals. The land is offered at an asking price of USD 3,000,000. Disclaimer: The image is for illustrative purposes only. Actual visuals are shared after NDA execution. https://tworld.com.gh/locations/Greater-Accra-Region/ghana/listings/1-15-Acre-Commercial-Development-Land-–-Greater-Acc
North Carolina
Historic Inn, Event Venue and Fine-Dining Restaurant - Central NC
$ 1,999,900
A unique opportunity to acquire an established North Carolina hospitality business with real estate included, featuring multiple complementary revenue streams from lodging, events, and food service. This destination property combines a boutique inn, wedding and event venue, private-event facility, and on-site fine-dining restaurant under one ownership structure. Guests can stay, dine, host weddings, hold receptions, schedule rehearsal dinners, and enjoy private gatherings all at one location. The property includes a covered event pavilion and professionally landscaped grounds that support weddings, receptions, rehearsal dinners, corporate events, private parties, family gatherings, and other special events throughout the year. The venue is well suited for buyers seeking an established event venue, wedding venue, hospitality property, boutique lodging business, or restaurant/event concept with real estate. The business has benefited from recent capital improvements, including updates to major building systems and commercial kitchen equipment in recent years. These improvements help support continued operations and reduce immediate capital concerns for a new owner. Additional growth opportunities include expanding restaurant operating days, increasing lodging reservations through direct website marketing and online travel platforms, growing wedding and event bookings, developing off-season events, and creating curated packages or experiential offerings. This opportunity is ideal for a buyer seeking a distinctive hospitality, lodging, wedding venue, event venue, restaurant, and real estate acquisition in North Carolina. Asking Price: $1,999,900 Business: $199,900 Real Estate: $1,800,000 A comprehensive Confidential Information Memorandum is available to qualified buyers upon execution of a non-disclosure agreement. Additional financial, operational, and property information will be provided as buyers progress through the qualification process. https://tworld.com/locations/North-Carolina/centralnc/listings/Historic-Inn-Event-Venue-and-Fine-Dining-Restaurant-Central-NC
Platte, South Dakota
Established and Profitable 30-Room Motel in Platte, SD
$ 1,300,000
Dakota Country Inn & Suites | Platte, South Dakota The Peterson Group is excited to share this exceptional opportunity to own an established, independently operated motel in the community of Platte, SD. Dakota Country Inn & Suites offers 30 guest rooms, a strong reputation for clean and comfortable accommodations, and the kind of personalized service that keeps guests coming back. This property provides an opportunity to step into an established hospitality business with existing infrastructure, loyal customers, and multiple avenues for continued growth. The motel is especially well-positioned to serve hunters, fishermen, outdoor enthusiasts, traveling workers, families, and travelers exploring the Platte area and surrounding Missouri River region. Each guest room is equipped with a refrigerator, microwave, cable TV, Wi-Fi, and private bathroom, while property amenities include free continental breakfast, onsite laundry, outdoor grills, fish and pheasant cleaning facilities, ample parking for vehicles and trailers, exterior electrical outlets, and accommodations designed with outdoor travelers in mind. The motel includes an attached 5 bedroom 2,760 sq foot house and garage which offers the option of onsite owner or management living or can be used as additional rental opportunity. For an entrepreneur looking to enter the hospitality industry, or an experienced motel operator seeking an established property in South Dakota, the Dakota Country Inn & Suites offers a solid foundation with meaningful potential to grow occupancy, expand marketing efforts, develop additional outdoor-recreation clientele, and enhance revenue opportunities. *A comprehensive CIM is available upon execution of an NDA. *SBA financing is available. Additional growth could come through expanded digital marketing, stronger partnerships with hunting and fishing guides, targeted group and recreational travel marketing, and enhanced online booking. The property's established presence within Missouri River Tourism and the Platte business community provides a foundation from which a new owner can further expand awareness and occupancy. A significant opportunity will come with housing traveling workers, working on road and bridge projects in the area https://tworld.com/locations/South-Dakota/thepetersongroup/listings/Established-and-Profitable-30-Room-Motel-in-Platte-SD
Recommended Brokers
ProInter
Ralph Santos
Healthcare Biz Brokers
I specialize in Los Angeles County Area healthcare sales such as skilled home health agencies, hospice agencies, residential care facilities for the elderly, medical practices and more. When you are looking at creating a legal and binding business purchase or sale, you need to be extremely careful. There are literally tons of questions that you need to pose to both your agent and to the other...
Los Angeles, Ventura Counties
ProInter
Steve Zimmerman
Restaurant Realty Company
Steve founded Restaurant Realty in 1996. He has personally sold/leased over 1000 restaurants, bars & clubs, & completed over 3000 valuations. He is the author of "Restaurant Dealmaker - An Insider's Trade Secrets For Buying a Restaurant, Bar or Club" available on Amazon and he has written over 100 articles which can be found in the News Section of RRC’s website under Restaurant Rap. Prior to...
California
ProInter
Ryan Rienhart
ProInter
Matt Manavi
Transworld Business Advisors of Orange
Transworld Business Advisors is a world leader in the marketing and sale of businesses, franchises, and commercial real estate. Transworld offers professional services that brings buyers and sellers together whether you represent an acquisition minded corporation or are personally interested in owning your own company. Services Offered Sell and Buy any business type; Corporate M&A;...
California
ProInter
Rick Carlson
ProNova Partners
You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With An Ace Acquisition Specialist So They Can Recommend The Perfect Business For You. The Ace Organization Makes Sure That All Buyers And Sellers Feel Like They Are Part Of The Ace Family And Truly Taken Care Of Throughout The Acquisition...
Nationwide, USA
ProInter
Lee Petsas
UBI Business Brokers
Lee Petsas has been selling businesses with UBI Business Brokers in Southern CA since 1981. In 1999 he became the Owner and Broker for UBI. He has been approved multiple times by Courts as an Expert Witness in the area of Business Valuations. You can reach Lee direct at 714-363-0440. UBI Business Brokers has been successfully selling businesses in Southern California since 1965. Our Agents...
Southern California
ProInter
Brett Sargent
Sunbelt Business Brokers of Sacramento
Sunbelt of Sacramento, California is the exclusive franchisee representative of Sunbelt Business Brokerage for the Northern California territory. Headquartered out of the Sacramento region, Sunbelt of Sacramento covers multiple counties in Northern California, representing both Sellers and Buyers in Main Street as well as Mid-Market business transactions. Sunbelt of Sacramento provides full...
Sacramento, Placer, Yolo El Dorado Counties
ProInter
George Lanza
Plethora Businesses
Plethora Businesses, a division of A Premier In Services, Inc., is a Business Intermediary Consulting Firm headquartered in Orange, California. Plethora specializes in the listing and sale of small and medium sized private businesses. Although the listing core of Plethora is in Southern California, Plethora represents clients throughout the world seeking Business and Merger & Acquisition...
Southern California
ProInter
Joanne Weber
Ryan Craig Company - Preschool Specialist
The Ryan Craig Company is in its 46th year as the recognized expert in Southern California, dealing exclusively in the sale of preschools, Montessori schools, day care centers, and private schools. Our extensive list of references speaks for itself. Recent sales include facilities in 6 Southern California counties, ranging in price from 100,000 to over 5,000,000. Now, in response to a strong...
Southern California
ProInter
Matt Weiler
California Business Broker
Business Broker Specializing in primarily gas stations. Geographic area of focus: San Francisco Bay Area and Northern California — from Sacramento County to Monterey County.To sell or buy a small or large gas station sales, car washes, liquor stores, convenience stores, laundromats, dry cleaners, and small-to-mid-sized business transactions. Call Matt (gas station business broker specialist)...
San Francisco Bay Area, North Bay, San Francisco Bay Area and Northern California — from Sacramento County to Monterey County.
ProInter
Harry Sidhu
Mission Peak Brokers, Inc.
Harry Sidhu is a dream maker. By making his own dreams come true as one of the most successful business and commercial real estate brokers in the Bay Area, Harry understands how important it is to have a dream, work hard to see it come true. Harry named his brokerage Mission Peak to honor the incredible beauty of this Bay Area treasure but to also symbolize the deep fulfillment of pursuing your...
SF North Bay Area, SAC Area, Central Valley
ProInter
Ran Kim
VR Business Brokers
Since 1982, we have been helping buyers and sellers of small businesses achieve their goals. With over 25 experienced associates who speak more than a dozen languages, we are proud to serve California’s diverse business community. Our office is centrally located at the crossroads of Los Angeles and Orange Counties, with convenient access to Riverside and San Bernardino Counties as well. We are...
Southern California
ProInter
Jack Oh
Power Realty & Investments
Business broker and real estate services in the Los Angeles and Orange County areas. 10 years experience with great negotiating skills. To sell a business or buy a business in the LA or Orange County Areas phone Jack and his team at 562-787-4989 Cell / Text.
Southern California
ProInter
Ryan Clark
The Veld Group
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups, as our team is comprised of former Small Business Owners, M&A Specialists, Investment Bankers, and Consultants.
Southern California
ProInter
Bashir Tariq
Century 21 Masters | Commercial Division
Business Sales and Commercial Real Estate All types of Business Sales, Purchases and Commercial Properties • Car Washes, Gas Stations, • Automotive Service Centers & Car Lots • Fast Food, Restaurants and Franchises • Liquor Stores & Convenience Markets • All types of Business Sales • Service-Tech Based Businesses • Retail Shopping Centers, Investment Properties • Multi-Family Properties &...
Califonia, Nevada
ProInter
Julieanna Wakileh
Liberty Business Advisors of San Francisco Inc. - Preschool Center Specialist
I have 30 years of experience, working, founding, owning, operating, consulting, and selling preschools. I'm very knowledgeable with procedures that are required for selling preschools. My practice, knowledge and education in both the Early Childhood Development field and the Real Estate field, puts me ahead in understanding the complexities and care that are needed for the sale of preschool...
SF Bay Area, North Bay, Sacramento
ProInter
Dustin Sigall
SD Business Advisors
With over 800 businesses sold nationwide since 2007, SD Business Advisors is the largest and most experienced group of Business Advisors in Southern California. We specialize in selling companies across all industries. From main street to middle-market M&A transactions. We match qualified buyers with quality businesses while maintaining strict confidentiality. SD Business Advisors is a member...
San Diego, Orange County Areas, Inland Empire
ProInter
Mani Singh
TNW Business Brokers
Specializing in practice limited to sales and acquisition of businesses solely, I have 20+ years of Buyer and Seller representation and negotiation experience and have successfully assisted clients sell and acquire a multitude of businesses - including Gas Stations, Liquor Stores, Markets, Super Markets, Franchised and Independent Restaurants, Bars, Retail and Service Related, Dry Cleaners,...
California
View More
Recommended Blogs
how-to-buy-a-business
What to Pay When Buying a Business? Key Cost You Must Know
how-to-buy-a-business
A Guide to Exploring Liquor Store for Sale Opportunities in USA
how-to-sell-a-business
The Differences Between Real Estate Agents and Business Brokers
how-to-sell-a-business
Laundromat Expert Discusses: What Is The Future Of The Laundry Business?
how-to-sell-a-business
Where Business Buyers Actually Start Their Search
how-to-buy-a-business
Buying An Employment Agency - Now May Be The Time
how-to-buy-a-business
How To Buy A Hair Salon That Will Make Your Bank Account Look Beautiful
how-to-buy-a-business
How to Buy a Coffee Shop: 5 Red Flags You Must Avoid
how-to-buy-a-business
Pro Tips: Selling Your Note For Top Dollar After Selling Your Business
how-to-buy-a-business
How Coin Laundry Business Grows Up
how-to-buy-a-business
What Questions to Ask When Buying a Business?
deal-and-escrow
Landlord Issues: Working With Landlords When Selling Or Buying A Business
how-to-buy-a-business
Tips For Buying A Small Business
how-to-sell-a-business
Owner Asks: Good Time To Sell With Lease Coming Up?
how-to-buy-a-business
BizBen ProBuy Program: Professional Assistance With Buying A Business
how-to-buy-a-business
Best Business Brokers for Restaurant Sales in California
how-to-buy-a-business
Should You Buy Assets Or Stock When Buying A Business?
financing
How To Use Retirement Plan Funds To Buy A Business
how-to-buy-a-business
Biggest Complaints About Sellers, Buyers, & Brokers
how-to-buy-a-business
Buying A Small Business: Earnest Money Deposits Should Be Reasonable