Tupelo Data Room

entertainment and recreation business for Sale in Connecticut

Similar businesses sell at 1.2x to 4.3x SDE. Compare live listings and connect with sellers.

Connecticut's Premiere Party Rental - 28 Years photo
Equipment Rental & Dealers
+1

Connecticut's Premiere Party Rental - 28 Years

South Central Connecticut County, CT, US

For over two decades, a family's vision has transformed into Connecticut's premier party rental company, creating countless magical moments for thousands of loyal customers. What began as a passionate commitment to bringing joy to celebrations has evolved into a thriving enterprise with deep community roots and an exceptional reputation throughout the region. This remarkable journey has been built on unwavering dedication to quality and service excellence. Over the years, the founders have carefully curated an impressive inventory worth over $350,000, including professional-grade tents, tables, chairs, concession machines, dunk tanks, carnival games, and inflatables. Each piece represents their commitment to meeting every client's unique celebration needs. The company's growth story is reflected in strategic partnerships with caterers, event venues, florists, photographers, and DJs - relationships that demonstrate the trust and respect earned within the industry. These alliances have created a robust referral network that continues to drive consistent business growth. Technological evolution has kept pace with tradition, featuring an active e-commerce platform that expands market reach while maintaining the personal touch customers cherish. Professional delivery capabilities, including a 2007 Mitsubishi box truck and trailer, ensure seamless service execution. Now, after twenty successful years, this family legacy seeks its next chapter. The asking price of $375,000 represents not just a business acquisition, but an opportunity to inherit a established brand, loyal customer base, comprehensive inventory, and proven operational systems. The transition includes comprehensive training and support, ensuring continuity for both new ownership and existing clientele. This represents more than a business purchase - it's an invitation to continue a meaningful story of bringing communities together through memorable celebrations. With tremendous earning potential and a solid foundation for growth, this opportunity awaits an entrepreneur ready to write the next chapter of this inspiring success story.

$325,000Asking Price
-Revenue
-Cash Flow
Italian-American Restaurant & Banquet Venue – Hartford County, CT photo
Banquet Halls
+2

Italian-American Restaurant & Banquet Venue – Hartford County, CT

Capitol County, CT, US

A rare opportunity to acquire a highly regarded, family-run Italian-American restaurant and banquet facility in Hartford County, Connecticut. Owned by the same family for nearly half a century, the business has become a community institution, known for consistent quality and value, with many regulars dining more than once a week. Gross revenue is approximately $1.8 million. THE BUSINESS The menu covers a broad range of Italian and American favorites, with choice-grade meats and sauces and soups made from scratch daily. Monthly prix-fixe specials drive repeat visits, and menu prices sit below the local market, leaving room for measured increases. Banquets and private functions are a second major revenue stream: showers, anniversaries, memorials, small weddings and off-site catering. The floor plan can be divided to host several private parties at once while still serving a la carte guests. Unlike many competitors that require minimum headcounts, this venue welcomes smaller groups, a large and underserved part of the local events market. Key kitchen and bar staff have been in place for 20 to 30 years, and employees handle most day-to-day duties other than event bookings. The retiring owners will provide training for a smooth transition. GROWTH OPPORTUNITIES - Restore lunch service, a strong daypart before 2020 that customers regularly ask for - Open Mondays (currently closed except for booked functions); the seller estimates lunch and Mondays could lift sales 25-30% with most staff already in place - Marketing: minimal current spend, with a website, social media and an established email list to build on - Population growth: substantial new housing, including new neighborhoods and hundreds of apartment units, is under construction in the immediate trade area - Pricing: below-market menu prices FACILITY & REAL ESTATE Freestanding building of approximately 5,800 sq ft on roughly one acre with about 100 parking spaces. Fire occupancy of approximately 270; dining room seats up to 150, plus a bar and lounge seating about 62 and about 15 at the bar. Full cellar, and two residential apartments on the second floor. The real estate is owned free and clear by a seller affiliate and is available to lease (approx. $8,500/month) or purchase TBD. HOW TO REQUEST INFORMATION To protect the business, its employees and its customers, the name and location are released only to qualified buyers who have signed a Non-Disclosure Agreement. Submit an inquiry through this listing and you will receive our NDA and Buyer Profile by email (please check your spam/junk folder). Once both signed documents are received, we will send the full Confidential Information Memorandum. Information provided by the seller is believed to be reliable but is not guaranteed. Buyers should verify all information during due diligence.

$300,000Asking Price
$1,800,000Revenue
-Cash Flow

Market Snapshot

National transaction benchmarks for entertainment and recreation business businesses.

Under $500K

Median revenue$369k
Median cash flow$91k
Median sale price$160k
Multiple range1.2x - 2.6x

$500K to $2M

Median revenue$1.07m
Median cash flow$235k
Median sale price$783k
Multiple range2.6x - 4.3x

Over $2M

Median revenue$3.19m
Median cash flow$978k
Median sale price$2.81m
Multiple range2.8x - 3.7x

A variety of factors can cause businesses to trade outside this range, including earnings quality, operational transferability, key-person risk, growth trajectory, and geography, so a listing priced above or below the typical multiple usually reflects real differences in the underlying business.

What to know about entertainment and recreation business acquisitions

GW

By George Wellmer

Cofounder & CEO

Key diligence, valuation, financing, and transition considerations for buyers evaluating entertainment and recreation business acquisitions.

Appraise the real estate and capital condition separately from the operation

Courses, lanes, docks, and venues carry expensive, deferrable maintenance — a typical 18-hole course alone runs $400K–$900K a year in upkeep. Get the land and equipment assessed on their own.

Confirm the licenses and permits transfer

Liquor, gaming, and entertainment licenses are often the most valuable and most fragile part of the deal and may not pass automatically.

Review several seasons, not one

Weather, tourism, and the economy swing this revenue hard; look at multiple years and the off-season carrying cost.

Separate recurring revenue from event revenue

Memberships, slip rentals, and league play are durable; one-off events and bar nights are volatile. Price the recurring base differently.

Quantify the capital you'll need after close

Deferred course work, lane refurbishments, and dock repairs add up fast; budget the real plan, not the seller's.

Understand booking, membership, and reputation dependence

Event pipelines, member rolls, and online reputation drive the calendar — know whether they survive a change of owner.

Frequently Asked Questions

Answers to common buyer questions for this market.

Yes, but they're scrutinized for seasonality, real-estate value, and capital needs. Recurring memberships and well-kept facilities fund more easily than discretionary event nights.