Updated October 13, 2026
Entertainment and Recreation businesses accounted for 110 of the 9,574 small business sales reported to BizBuySell in 2025 (1.1%), the 15th most common of 18 sectors. The most frequently reported specific sub-sector, Marinas and Fishing, sold for a median of $1,450,000 at an average of 6.60 times cash flow after a median of 246 days on the market.
Every row uses the same period and the same source, so rows can be compared directly. Sub-sectors are listed by number of reported sales.
| Sub-sector | Reported sales | Median sale price | Median cash flow | Cash flow multiple | Median days on market |
|---|---|---|---|---|---|
| Other Entertainment and Recreation Businesses | 71 | $227,000 | $116,408 | 2.48 | 210 |
| Marinas and Fishing Businesses * | 9 | $1,450,000 | $336,280 | 6.60 | 246 |
| Art Galleries * | 8 | $210,000 | $150,000 | 2.05 | 240 |
| Banquet Halls * | 7 | $180,000 | $122,073 | 1.54 | 357 |
| Golf Courses and Service Businesses * | 6 | $575,000 | $302,865 | 2.23 | 294 |
| Nightclubs and Theaters * | 6 | $799,000 | $277,000 | 3.83 | 313 |
| Bowling Alleys * | 2 | $2,000,000 | $493,843 | 4.05 | 245 |
| Casinos * | 1 | $198,000 | $56,192 | 3.52 | 18 |
Source: BizBuySell Insight Report data tables, Full Year 2025 Data by Sector. * Based on fewer than 20 reported sales, so treat as indicative.
BizBuySell also reports the median asking price for the same closed sales and how far sale prices landed from asking, on average.
| Sub-sector | Median asking price | Median sale price | Sale price to asking (average) | Median revenue | Revenue multiple |
|---|---|---|---|---|---|
| Other Entertainment and Recreation Businesses | $249,950 | $227,000 | 0.90 | $322,032 | 0.83 |
| Marinas and Fishing Businesses * | $1,725,000 | $1,450,000 | 0.93 | $1,303,450 | 1.53 |
| Art Galleries * | $250,000 | $210,000 | 0.87 | $703,000 | 0.57 |
| Banquet Halls * | $180,000 | $180,000 | 1.00 | $389,003 | 0.54 |
| Golf Courses and Service Businesses * | $612,500 | $575,000 | 0.95 | $870,449 | 0.99 |
| Nightclubs and Theaters * | $799,000 | $799,000 | 1.00 | $1,100,000 | 0.69 |
| Bowling Alleys * | $1,600,000 | $2,000,000 | 1.25 | $1,247,351 | 1.60 |
| Casinos * | $198,000 | $198,000 | 1.00 | $88,550 | 2.24 |
Source: BizBuySell Insight Report data tables, Full Year 2025 Data by Sector. A sale-to-asking figure of 0.90 means sales closed at an average of 90% of asking. * Based on fewer than 20 reported sales, so treat as indicative.
To see what drives these numbers for your own business, read our valuation guides or browse industries.
BizBuySell's Insight Report data tables show 110 reported sales in the Entertainment and Recreation category in full-year 2025, which is 1.1% of the 9,574 reported sales across all sectors. Only sales reported to that marketplace are counted.
The median sale price was $1,450,000 across 9 reported sales in full-year 2025, at an average of 6.60 times cash flow and a median of 246 days on the market, according to the BizBuySell Insight Report data tables. This rests on fewer than 20 reported sales, so treat it as indicative.
The median sale price was $210,000 across 8 reported sales in full-year 2025, at an average of 2.05 times cash flow and a median of 240 days on the market, according to the BizBuySell Insight Report data tables. This rests on fewer than 20 reported sales, so treat it as indicative.
The median sale price was $180,000 across 7 reported sales in full-year 2025, at an average of 1.54 times cash flow and a median of 357 days on the market, according to the BizBuySell Insight Report data tables. This rests on fewer than 20 reported sales, so treat it as indicative.
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