Tupelo Data Room

entertainment and recreation business for Sale in Ohio

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

Other Entertainment & Recreation

Indoor Trampoline Park Business for Sale

OH, US

An opportunity exists to acquire a well-established, multi-location indoor family entertainment business operating under a nationally recognized franchise brand. The company has built a strong reputation for providing year-round entertainment, birthday celebrations, group events, memberships, and community engagement across two growing Ohio markets. This turnkey operation offers diversified revenue streams, experienced management, established operating systems, and significant capital investment already in place, creating an attractive platform for continued growth.

$2,000,000Asking Price
$3,000,000Revenue
-Cash Flow
Board Game Lounge & Bar (Liquor License Inc) photo
Other Entertainment & Recreation

Board Game Lounge & Bar (Liquor License Inc)

Toledo, OH, US

This is the kind of listing that doesn't come around often. A fully operational board game lounge and bar, up and running, with a transferable liquor license. If you've ever looked into getting a liquor license on your own, you know what that's worth. The owner needs to sell and wants to move fast. This isn't a business in trouble, life just had other plans. That means there's a real opportunity here for a buyer who's ready to act. The price reflects the urgency. Everything comes with it. The bar is fully stocked and equipped. The game library has hundreds of titles built up over years. Furniture, fixtures, POS system, reservation setup...it's all there. You could realistically open the doors the day after closing and not miss a beat. The owner will stick around through the transition to make sure you're set up right. The model works because people come to play and then they stay. You pay a table fee, you play games, you drink. It's a simple concept that keeps guests in their seats longer than almost any other bar format, which means more orders and stronger per-table numbers. The regulars are already there: the social media following, the email list, the people who come back every week. Getting a liquor license from scratch takes time, money, and there's no guarantee you'll get one. Buying this business is one of the few ways to skip that process entirely. Add in a curated game collection worth tens of thousands and a customer base that's already loyal, and the value here goes well beyond what the asking price reflects. (Liquor License Value = $20,000+) Financials and lease details are available under NDA.

$55,000Asking Price
-Revenue
-Cash Flow
Nightclubs & Theaters

Cocktail Lounge

OH, US

This nightclub/cocktail lounge attracts young urban professionals, sports figures and out-of-towners looking to enjoy a quality beverage and great music in an upscale, big city atmosphere.

$659,900Asking Price
$1,455,842Revenue
$212,211Cash 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.