Entertainment & Recreation Businesses for Sale in Illinois

Browse 33 entertainment & recreation businesses currently for sale in Illinois with an average asking price of $2.8M. Entertainment and recreational businesses

Active Listings
33
Median Asking Price
$2.7M
Median SDE
$273K
Median Multiple
7.5x SDE
Avg Asking Price
$2.8M
Average SDE
$299K
Listed in Last 30 Days
10
Added This Week
4

Median figures are computed over the 14 listings currently browsable on this page. Averages and counts cover all 33 active listings tracked in the last 90 days.

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Entertainment & Recreation Businesses for Sale in Illinois

Showing 1–14 of 14

Sep 1

Entertainment Venue for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$975KEntertainment & Recreation
Cash Flow:$328K
Multiple:3.0x
Why Buy

This indoor entertainment venue combines golf and multisport simulation with food, beverages, gaming, merchandise, leagues, and private events. Multiple revenue streams and year-round appeal support a diversified recreation business in Illinois.

Recurring RevenueSticky CustomersGrowth Trajectory
Aug 19

Marina And Campground for Sale in Illinois

IL
$1.3MEntertainment & Recreation
Cash Flow:$275K
Multiple:4.5x
Why Buy

This waterfront recreational destination combines marina services with camping, lodging, fuel, retail, food service, and marine support activities. The diversified operating model and included real estate create multiple revenue channels and a compelling platform for a buyer seeking an established leisure asset in the Midwest.

High SeasonalityHigh CapEx
Aug 18

Established Value-add Hotel for Sale in Peoria, IL

Peoria, IL
$4.2MEntertainment & Recreation
Cash Flow:$270K
Multiple:15.6x
Why Buy

This established franchised hotel includes the operating business and real estate, with guest amenities, updated furnishings, and a location serving interstate travelers. The combination of an existing hospitality platform, physical assets, and potential operational upside creates a value-oriented acquisition opportunity in Central Illinois.

Absentee Owner
Aug 17

Established Sustainable Lodging Property for Sale in Illinois

IL
$1.5MEntertainment & Recreation
Cash Flow:$150K
Multiple:9.8x
Why Buy

This sustainable lodging property combines multiple guest suites with wooded acreage and access to outdoor recreation, cultural attractions, and regional tourism drivers. Its distinctive physical setting and existing hospitality operation provide a platform for an owner-operator or investor seeking a destination-oriented asset in Illinois.

Jul 30

Branded Income-producing Hotel Property for Sale in Illinois

IL
$11.5MEntertainment & Recreation
Cash Flow:$1.1M
Multiple:10.5x
Why Buy

This income-producing hotel property operates under established lodging brands and is offered with reported positive cash flow in Illinois. The existing hospitality platform may suit an investor or operator seeking a stabilized asset with recognized market positioning.

Jul 22

Turnkey Scenic Cabin Rental Business for Sale in Illinois

IL
$1.2MEntertainment & Recreation
Cash Flow:$65K
Multiple:18.5x
Why Buy

This turnkey lodging business operates multiple cabins on a sizable rural property in Southern Illinois, combining private accommodations with access to a regional tourism and wine destination. A strong guest reputation and repeat clientele provide a foundation for continued operations and selective growth.

Recurring RevenueSticky Customers
Jul 4

Turnkey Event Venue for Sale in Illinois

IL
$4.8MEntertainment & Recreation
Cash Flow:$3K
Multiple:1434.4x
Why Buy

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.

High CapEx
Jun 16

Profitable Family Entertainment Center for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$7.5MEntertainment & Recreation
Cash Flow:$1.5M
Multiple:5.0x
Why Buy

This indoor entertainment business offers multiple attractions and food service under one roof in a major Midwestern metro area. Its diversified revenue streams and strong margin profile may appeal to a buyer looking for a destination concept with year-round demand and broad customer appeal.

Recurring RevenueHigh Seasonality
Jun 10

High-cash-flow Absentee-run Flagged Motel for Sale in Illinois

IL
$3.9MEntertainment & Recreation
Cash Flow:$325K
Multiple:12.0x
Why Buy

This branded motel in Illinois generates approximately $1.3 million in room revenue and operates under absentee ownership with a management team in place. The absence of a required property improvement plan reduces near-term capital expenditure risk for an incoming buyer. Strong cash flow relative to the asking price makes this a compelling owner-operator or investor acquisition target.

Absentee Owner
Jun 10

Absentee-run Profitable Bar With Gaming for Sale in Peoria, IL

Peoria, IL
$650KEntertainment & Recreation
Cash Flow:$85K
Multiple:7.6x
Why Buy

This Peoria, Illinois bar generates approximately $370,000 in annual sales with a substantial gaming income component of $200,000 per year, creating a resilient dual-revenue model. Absentee ownership demonstrates that the business operates independently without requiring daily owner presence. Gaming revenue in Illinois bars is a licensed, regulated income stream that adds significant cash flow stability beyond food and beverage sales.

Absentee Owner
Apr 25

Event Planning & Production for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$895KEntertainment & Recreation
Cash Flow:$249K
Multiple:3.6x
Why Buy

This Chicago-area full-service event production company has built long-standing relationships with couples, corporate clients, and families over multiple decades, creating a referral-driven pipeline with predictable seasonal demand. The business operates through a coordinated vendor network spanning venues, catering, photography, and entertainment, enabling high-margin project management without carrying significant overhead. A new owner inherits proven systems, repeat client relationships, and established vendor partnerships built over many years.

Sticky Customers
Jun 5

Family Amusement And Water for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$5.9MEntertainment & Recreation
Cash Flow:$795K
Multiple:7.4x
Why Buy

A multi-attraction family entertainment destination in the Chicago metro area with over 60 years of operating history serves more than 170,000 annual guests across amusement rides, water attractions, animal exhibits, an indoor ice arena, food and beverage, and retail. Diversified revenue streams from admissions, season passes, events, and ancillary spending provide resilience across seasonal cycles. A strong season pass base, multi-generational customer loyalty, and a long-term land lease structure offer a buyer a differentiated regional asset with a well-established demand foundation.

Sticky CustomersHigh SeasonalityHigh CapEx
May 19

Private Members Club for Sale in Illinois

IL
$549KEntertainment & Recreation
Cash Flow:$146K
Multiple:3.7x
Why Buy

A multi-city private members club with over a decade of operation offering flexible workspace, private event hosting, networking, and social experiences through a recurring membership model supplemented by event and booking revenue. The business has cultivated a strong community-driven atmosphere across multiple urban locations that supports member engagement and retention. Multiple revenue streams including memberships, private events, and experience upgrades create diversified income and resilience across economic conditions.

Apr 28

Family Entertainment Center for Sale in St. Louis, IL

St. Louis, IL
$6.8MEntertainment & Recreation
Cash Flow:$950K
Multiple:7.1x
Why Buy

A multi-attraction family entertainment center in the St. Louis metropolitan area combining boutique bowling, arcade, laser tag, full-service restaurant and bar, and a dedicated event venue — offered together with fee-simple real estate. The business generates nearly $4 million in trailing revenue with adjusted EBITDAR approaching $1 million, driven by diversified entertainment and high-volume private event bookings. Owning the real estate provides a buyer with both operational stability and long-term asset appreciation.

Recurring RevenueSticky Customers

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Frequently Asked Questions

How many entertainment & recreation businesses are for sale in Illinois?
Searcher OS currently tracks 33 businesses for sale in Illinois, aggregated daily from broker websites and the major marketplaces. 4 of them were listed in the last 7 days. Every listing is de-identified — you see the financials and metro area first, and unlock full details free.
How much does a entertainment & recreation business cost in Illinois?
The median asking price of current listings is $2,688,000, and average seller's discretionary earnings run around $299,000. Most small businesses trade at a multiple of cash flow, so compare the asking price against earnings rather than revenue.
What multiple of earnings do entertainment & recreation businesses in Illinois list for?
Across the 14 entertainment & recreation businesses currently browsable in Illinois, the median asking price is $2.7M and the median seller's discretionary earnings (SDE) is $273K. The median asking price works out to 7.5x SDE. Multiples vary with size, growth, and owner dependence, so treat this as a benchmark rather than a rule.
Can I buy a Illinois entertainment & recreation business with an SBA loan?
Usually, yes. Most businesses in this size range qualify for SBA 7(a) acquisition financing, which typically covers up to 90% of the purchase price on a 10-year term, leaving a 10–15% down payment. Lenders look for steady cash flow that covers the loan payments with room to spare (debt service coverage), so listings with documented earnings are the easiest to finance.
How do I find entertainment & recreation businesses for sale in Illinois before they hit the big marketplaces?
Most listings appear on individual broker websites days or weeks before they reach the national marketplaces. Searcher OS scrapes those broker sites daily and matches new Illinois entertainment & recreation listings against your acquisition criteria, so you can be the first call instead of one of fifty.

Buying a Entertainment & Recreation Business in Illinois

Buying a entertainment & recreation business in Illinois pairs a sector you can evaluate with a market you can drive to. Entertainment and recreational businesses Common business types include Event Planning, Recreation Centers, Entertainment Venues, Travel.

When you compare entertainment & recreation listings in Illinois, look past the asking price: verify seller's discretionary earnings against tax returns, understand how much revenue is recurring versus project-based, and gauge how dependent the business is on the current owner. Most listings in this range qualify for SBA 7(a) financing with 10–15% down, so a deal's debt service coverage matters as much as its headline price. These guides cover the fundamentals:

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