Turnkey Event Venue for Sale in Illinois
Why this business stands out
This event venue combines hospitality services with package-based event offerings, creating multiple revenue opportunities from weddings and private gatherings. It may appeal to a buyer seeking a real-estate-backed entertainment business with an established team and room for continued event demand in the Chicago region.
Financing snapshot
An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.
- Asking price
- $4,775,000
- Cash flow (SDE/EBITDA)
- $3,329
- Est. down payment (10%)
- $477,500
- Est. SBA loan (10yr @ 10.5%)
- $4,297,500
- Est. monthly payment
- $57,988
- Annual debt service
- $695,860
- Owner cash flow after debt
- -$692,531
Illustrative only — not a financing offer. Assumes a 10% down payment and a 10-year SBA 7(a) loan at 10.5%. Actual terms vary by lender, deal structure, and buyer profile.
The DSCR shown is computed on raw cash flow — before the owner-salary, maintenance-capex, and rent adjustments SBA lenders apply when underwriting. Model the lender's view in the DSCR calculator.
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Frequently asked questions
How much does this entertainment & recreation business cost?
The asking price is $4,775,000. Exact terms and any seller financing are confirmed directly with the seller after you sign up.
What is the cash flow and valuation multiple?
This business reports approximately $3,329 in annual cash flow (SDE/EBITDA), implying a 1434.4x multiple on the asking price.
Where is this entertainment & recreation business located?
It operates in the Illinois area. The exact city is shown after you create a free Searcher OS account.
Can this acquisition be financed with an SBA loan?
Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.