Entertainment & Recreation Businesses for Sale in Indiana

This full-service hotel offers current operating income together with repositioning and improvement opportunities in the Midwest. A broad amenity package, meeting facilities, dining operations, and reported cash flow provide a platform for an investor or hospitality operator pursuing performance gains.

This family entertainment business offers admissions, parties, events, food, and membership opportunities, creating several revenue channels beyond daily visits. It may appeal to a buyer seeking a consumer-facing recreation concept with multiple ways to grow in a family-oriented market.

This bed and breakfast offers a niche hospitality model with guest lodging in a distinctive themed property. It may appeal to buyers who want a turnkey accommodation business with existing furnishings and a residential-style setting in a major Indiana metro.

A 122-room flagged motel in the Chicago metro area generates $1.3M in room revenue with no PIP required, keeping upfront capital needs low for an acquiring buyer. The property currently operates under absentee management, suggesting meaningful upside for an engaged owner-operator who can optimize occupancy and operational efficiency. Asking price of $4M with $250K in SDE positions this as a hospitality acquisition for a buyer seeking a branded flag in a high-demand corridor.

A 70-room flagged hotel in the Chicago metro area generates $1.8M in room revenue with no property improvement plan (PIP) required, limiting near-term capital outlay for a buyer. The property is currently absentee-operated, indicating strong systems are in place, while also suggesting an active owner-operator could extract significantly more value. At a $6.9M asking price with $300K in SDE, this is a hospitality acquisition suited for an experienced operator seeking a branded flag in a major metro market.

This Indiana event venue and hospitality business generated approximately $611,000 in 2025 revenue, with diversified income from contracted event bookings and beverage sales supported by existing management infrastructure and significant forward revenue under contract. The real estate is included in the asking price, offered below independent appraised value, providing meaningful hard asset backing for the acquisition. The semi-absentee operating model and strong forward bookings reduce transition risk for an incoming owner.

A two-location boutique fitness studio package in the Indianapolis metro area generating combined cash flow of over $307,000 with approximately 70% recurring membership revenue providing stable monthly income. The multi-location structure enables shared marketing, cross-trained staff, and centralized management, creating operational efficiencies not available in a single-studio purchase. Both locations are in affluent, growing communities with established member bases and experienced staff in place for a turnkey transition.

This family entertainment center in northern Indiana generates $1.45 million in average annual revenue across diversified income streams including arcade play, birthday parties, group events, attractions, and food and beverage, providing resilience against reliance on any single revenue source. The business benefits from limited direct competition and consistent year-round demand from families, schools, and corporate groups, supported by trained site-level management and established operating procedures. With nearly $500,000 in owner earnings and an experienced team in place, this is a compelling platform acquisition for a strategic entertainment group or experiential retail investor.