Established Banquet Hall in Niles, Ohio with Significant Renovation

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Financial Details

Asking Price:
$2,200,000
Profit Metric:
N/A
Location:
Niles, OH, US
Source:
Date:
September 17, 2025

Key Highlights

Prime location in Mahoning Valley, Ohio, with 10.2 acres of land and ample parking.
Recently underwent a $1.8 million renovation, featuring a new 22,000 sq ft facility with occupancy for up to 850 plated guests.
Turnkey operation with new kitchen equipment, tables, and chairs, ready for immediate business.

Description

This is a well-established Banquet Hall located in Niles, Ohio, offering a prime business opportunity in the Mahoning Valley. The facility spans 22,000 square feet and has recently undergone a significant renovation costing approximately $1.8 million, achieving occupancy certification in July 2024. It is equipped to host large events, with capacity for 850 plated guests or 1600 for standing events. The property includes a state-of-the-art new kitchen, a spacious reception area, and sits on 10.2 acres of land with ample lighted parking. Its strategic location is approximately 1.5 hours from Pittsburgh and 1 hour from Cleveland/Akron, with nearby hotel accommodations and proximity to the Eastwood Mall and Mahoning Valley scraper field. The sale includes all necessary tables and chairs, making it a turnkey operation ready for immediate business. The owner is selling due to a change of interest.

Industry Information

Industry Description:
Banquet Hall
Classification:
Entertainment & Recreation

Operational Snapshot

Year Established:
1977
Reason for Selling:
Change of interest

Real Estate & Lease

Status:
Included

Assets & Inventory

Includes FF&E:
Yes

Broker Contact

Name:
Jody Kapadia
Company:
Berkshire Hathaway HomeService
Phone:
234-414-6742

Listing Details

Listing ID:
d022a6fe-0635-41de-b55b-6104b40b9308
Source Listing ID:
2339272
Deal Status:
For Sale
Last Updated:
September 17, 2025
Currency:
USD

Features & Tags

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