Anyone have experience in the event venue space?

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March 03, 2026

by a searcher from Texas A&M University in Austin, TX, USA

Hey Guys, My family has built (and currently runs) a wedding venue for almost 10 years now. The primary operator (my dad) is nearing retirement, and we have considered selling it. I wanted to connect with someone in this field who could advise on real-world value and multiples. He financed the land + the construcion cost with SBA loans, so there is some restate in the deal. We don't need the money out of the business now so we are just thinking though how to package a deal like this and what it could be worth. Strong booking and about 1M in Revenue consistently.
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Reply by a searcher
from University of Texas at Austin in Leander, TX 78641, USA
Hey @redacted‌. I’m in the Austin area too (Cedar Park), and we’re evaluating the purchase of an event space (or what will be once we remodel it). Happy to chat about your situation.
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Reply by a searcher
from Northwestern University in Austin, TX, USA
Hi @redacted‌ I recently bought an event venue business in Houston (closed 1 month ago), though I live in Austin. Would be great to chat and compare notes.
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