Chicago, IL
Perfect opportunity for rebranding, located at ground level with large bi-fold opening windows, to a very nice size sidewalk cafe. Large dining room with a 35' bar and 175 Occupancy. Has an excellent...
Not Disclosed
Restaurants and Food Businesses For Sale in Chicago, IL
Market Info
Real EstateRARE / 5,295 SF 2nd gen. restaurant in Heart of River North for lease
6
High-Volume Longstanding Japanese Restaurant w/Property Chicago-45 Yrs
REAL ESTATE INCLUDED
Chicago, IL
A cherished destination for authentic Japanese cuisine, offering the perfect blend of traditional ambiance and flavorful dishes. Serving a wide array of incredible dishes including maki, sashimi,...
$895,000
Cash Flow: $100,000
Thriving Thai Restaurant Business With Liquor License For Sale
Chicago, IL
Own a piece of Chicago's vibrant culinary scene with the sale of Gold Ladle Thai Cuisine located at 2011 N Damen Ave. Chicago, IL 60647. This is a stock sale, including the LLC, FF&E, business name...
6
$100,000
Turn Key Restaurant For Sale- Chicago
Chicago, IL
**For Sale: Successful D.P. Dough Franchise in Chicago, IL – Perfect for Owner/Operator** **Price:** Contact for Details **Location:** Chicago, IL (Near DePaul University) Here’s a rare opportunity to...
$49,000
Chicago Modern-American, Southern Inspired Cuisine
Chicago, IL
This Company provides a vibrant environment with live music, a modern American southern-inspired menu, and professional bar offerings that all continue to evolve. With a dedicated customer base and...
Not Disclosed
Cash Flow: $373,898
Asset SaleNew Opportunity for Bakery Cafe
Chicago, IL
This is a rare opportunity to take over a fully equipped café space in a prime location. The café comes complete with all major equipment, fixtures, and partial commercial kitchen setup — ideal for...
2
$1,000
Proven Fried Fish & Chicken Restaurant for sale
Chicago, IL
$42,000
Fast Food Restaurant Super Prime Location
Chicago, IL
$110,000
Legendary Chicago Nightclub & Bar w/Real Estate ~ Huge Value & Upside!
REAL ESTATE INCLUDED
Chicago, IL
$1,400,000
Great Seafood Brand with a 50-year proven program
REAL ESTATE INCLUDED
Chicago, IL
$750,000
FranchiseSloan's Ice Cream
Available in Illinois
$180,000
Established & Beloved Turnkey Restaurant in Prime Location
Chicago, IL
$119,800
Established Food Franchise in High Traffic Tourist and Biz District
Chicago, IL
$159,000
CM Korean Chicken Of Chinatown (Chicago)
Chicago, IL
$370,000
Cajun Broil- Confidential listing
Chicago, IL
$275,000
Hyde Park Restaurant For Sale
Chicago, IL
$175,000
Sun Acquisitions
Sun Acquisitions
Serving Cook County, IL
Sun Acquisitions has developed a fully integrated process that helps our clients evaluate all of their merger and acquisition options. Our approach starts with an in-depth analysis and planning session so that you can make the right decision regarding the contemplated sale or acquisition. We work with businesses across all industry sectors with annual sales between $1 to $50 million dollars. Our process ensures maximum value for our clients.
Contact me
Established Seafood Restaurant
Chicago, IL
$268,000
Auntie Anne's Pretzel's Franchise, very rare model for sale.
Chicago, IL
$450,000
Longstanding Hugely Popular Café Chicago, IL - Over 28 Years!
Chicago, IL
$299,000
CM Korean Fried Chicken of Lincoln Park ( Chicago)
Chicago, IL
$220,000
North Side Chicago Philly Steak restaurant- Fast Food for sale
Chicago, IL
$299,900
FranchiseShipley Do-Nuts
Available in Illinois
$225,000
Chicago Illinois Wedding Caterer for Sale – Same Owner 25 Years
Chicago, IL
$695,000
$20k For Sub Franchise, Cook County, Il., Seller Financing Available
Chicago, IL
$30,000
Super Opportunity to Own Hot Dog Place with Great Potential
Chicago, IL
$69,000
Pizzeria & Italian Restaurant - Sought-After Bucktown/Wicker Park!
Chicago, IL
$69,000
High-Volume Well-Established Family Owned Pizzeria & Ristorante!
Chicago, IL
$169,000
Fully functioning Banquet Hall. Recently updated. With Parking fo 31+
Chicago, IL
$1,850,000
Well-Known Tavern Opportunity with PPA License
Chicago, IL
$295,000
Turn-Key Restaurant Opportunity in Prime Corner Location
Chicago, IL
$195,000
$75k For Low Rent, $6.5k/wk Avg. Sales, Sub#1 Fran For Sale In Chicago
Chicago, IL
$75,000
Proven Smoke Shop Model For Sale
Chicago, IL
$590,000
FranchiseBeyond Juicery + Eatery
Available in Illinois
$150,000
2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago
Chicago, IL
$650,000
2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago
Chicago, IL
$474,000
Sub#1 Franchise For Sale In Downtown Chicago Cook County
Chicago, IL
$299,000
Sub#1 Franchise For Sale In Chicago Cook County
Chicago, IL
$75,000
2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago, Co
Chicago, IL
$275,000
FranchiseMcAlister's Deli
Available Nationwide
$425,000
7 High Volume Sub#1 Franchises , Chicago ?For Sale As A Package
Chicago, IL
$1,474,000
Sarpino's Pizza For Sale In Chicago, Cook County
Chicago, IL
$195,000
High-Volume Bar & Restaurant Franchise Chicago, IL - Sales Over $5.2M!
Chicago, IL
$3,999,000
Established Corner Bar/ Restaurant Concept
Chicago, IL
$195,000
Very High Volume Sub#1 Franchise For Sale In South Loop
Chicago, IL
$210,000
Brian Smith
IA Business Advisors
Serving Cook County, IL
Our founder began his career as an accountant but did not enjoy public accounting. After a short term at a big 6 accounting firm, he started Business Accounting Solutions in 1988, which he later sold to Cornerstone Consulting Group. Recognizing the need many small businesses had for sound management advice, Brian went on to start Individual Advantages, LLC, which was later rebranded to IA Business Advisors in 2015, as a think tank to develop customized, yet affordable, business solutions driven by our focus on people, process, and technology. Our client base has always varied, ranging from large fortune 500, to small and medium sized community based businesses. When the Great Recession hit in 2008, we began to work with businesses in trouble due to the economic decline who struggled to afford consulting services and an ability to be represented through the business sale, succession or merger & acquisition process. Recognizing this, Brian began offering on-demand consulting services, through which businesses hindered by a strained economic environment and a restricted budget could consult with our company on an hourly basis for a lower more economical fee. This service became so popular that we have continued it to this day. During the business sales, succession, mergers and acquisitions process, companies often forget about their foundation: people and process. These are the two things that need the most attention during this huge transition, and the IA Business Advisors team are proficient in focusing on your foundation to better represent you and your organization to keep you organized through whichever transition process you may be going through. Our unique BizVision process pinpoints the metrics, processes, and people that will be the driving force behind the success of your business sale, succession, merger or acquisition. IA Business Advisors business business brokerage, success, merger and acquisition services was born out of our founder’s experience on a mergers and acquisitions team for a large NASDAQ traded company in the 1990s. After helping several acquisitions of small businesses around the world, our founder learned the importance of balance in the marketing, negotiation and due diligence process – balancing the focus on metrics, as well as policy, procedure, people, process, and technology. We have been involved in hundreds of business sales, successions, merger and acquisition projects since our conception in 1996.
Contact me
Asset SaleTrademark and recipes for a true American icon!
Chicago, IL
$1,500,000
Asset Sale4 Store Taco Pros Network for sale- Chicago, Illinois
Chicago, IL
$1,700,000
Asset SaleFully-Equipped Pizzeria The Loop/Downtown Chicago - Turnkey!
Chicago, IL
$75,000
Asset SaleTurn-Key Restaurant on Wicker Park's Restaurant Row
Chicago, IL
$300,000
Asset SalePizzeria & Italian Restaurant - Sought-After Bucktown/Wicker Park!
Chicago, IL
$69,000
FranchiseKilwins
Available in Illinois
$200,000
Asset SaleHigh Traffic Location on Busy Blvd
Chicago, IL
$45,000
Asset SaleProperty & Asset Sales Business
Chicago, IL
$750,000
Real Estate805 SF Commercial Space for Lease in Prime Old Town Location
Chicago, IL
Not Disclosed
Real EstateTurnkey Deli–Grocery Fully Operational with Building for Sale
Chicago, IL
Not Disclosed
Real EstateNorthwest City Submarket - Property Only
Chicago, IL
$600,000
FranchiseLee's Famous Recipe Chicken
Available Nationwide
$750,000
Buy or Sell a Restaurant in Chicago, IL
Food and restaurant businesses are among the most common businesses bought and sold on BizBuySell. Whether you are a buyer or a seller, it is helpful to have some context on the local market. To provide that context, we have analyzed restaurant for sale listings in Chicago and aggregated financial data to help you compare and evaluate individual restaurant businesses.
Market Snapshot
|
Number of Businesses Analyzed |
44 |
|
Median Asking Price |
$267,000 |
|
Median Reported Revenue |
$800,000 |
|
Median Reported Earnings |
$108,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Chicago, IL Restaurant Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.23 |
2.20 |
|
Median |
0.41 |
3.13 |
|
Upper Quartile |
0.63 |
3.70 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Restaurant Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a restaurant in Chicago?
The median asking price for restaurants in Chicago, IL is $267,000. However, prices can range significantly higher or lower depending on location, size, type, and the financial health of the business.
How much do restaurant owners earn?
Median revenue of restaurant businesses listed for sale in Chicago is $800,000, while the median reported owner’s discretionary earnings is $108,000. Earnings can vary greatly depending on the type of restaurant, location, management efficiency, and market demand.
How are restaurants in Chicago valued?
Most business owners (and buyers) will start by applying earnings and revenue multiples to the businesses reported financials. This way buyers and sellers can gauge the value of a restaurant business relative to its peers in the market.
Based on our most recent analysis of Chicago restaurant business listings, revenue multiples range from 0.23 to 0.63, with the median at 0.41. Earnings multiples range from 2.20 to 3.70, with the median at 3.13. This means restaurants in Chicago are valued, on average, around 0.41 times annual revenue, and 3.13 times annual owner earnings.
On average, businesses sell for about 80-90% of asking price, so valuation multiples based on active listings tend to be higher than closed sale multiples.
More for Business Buyers:
More for Business Sellers:
- How to Value & Sell Your Restaurant Business
- Find a Business Broker
- List a Business for Sale
- Get Closed Sale Valuation Data
