St. Charles, IL
$99,000
St. Charles, IL
$99,000

Cook County, IL
$950,000

Chicago Heights, IL
$170,000
Chicago Heights, IL
$189,900
Schaumburg, IL
$150,000
Elk Grove Village, IL
$725,000
Illinois
$113,000
Illinois
$200,000
McHenry County, IL
$1,350,000
Freeport, IL
$495,000
Available Nationwide
$80,000
Cook County, IL
$550,000
Peoria, IL
$95,000
$400,000
Cook County, IL
REAL ESTATE INCLUDED
Illinois
$1,299,000
Chicago, IL
$750,000
Jason Barnes
Priority Business Brokers
Serving Cook County, IL
The #1 Sales Team! No one has sold more businesses in East TN in the last 10 years!
Kane County, IL
$2,995,000
Naperville, IL
$30,000
Illinois
Not Disclosed
Cash Flow: $1,950,000
Arlington Heights, IL
$5,900,000
Naperville, IL
$2,150,000
Available in Illinois
$100,000
Cook County, IL
$400,000
Cook County, IL
$245,000
$55,000
DuPage County, IL
Chicago, IL
$3,000,000
Illinois
$1,500,000
Cook County, IL
Not Disclosed
Cash Flow: $334,225
REAL ESTATE INCLUDED
Round Lake, IL
$595,000
Chicago, IL
$170,000
Lake County, IL
$69,999
REAL ESTATE INCLUDED
Springfield, IL
$550,000
Available Nationwide
$400,000
Peoria, IL
$112,000
East Peoria, IL
$127,000
$2,150,000
Springfield, IL
Lee County, IL
$500,000
Sugar Grove, IL
$1,589,000
Available Nationwide
$75,000
Springfield, IL
$299,500
Chicago, IL
$7,200,000
Melrose Park, IL
$1,800,000
Chicago, IL
$294,999
Illinois
Not Disclosed
Cash Flow: $440,000
Bradley W. Zastrow
Premier Business Group
Serving Cook County, IL
OUR MISSION and OUR APPROACH When you engage Premier Business Group Ltd. for the selling of your business, you receive professional guidance and support during each and every phase of the transaction cycle. From determining your company’s value, to finding a qualified buyer, to success at the closing table, we work to obtain the most beneficial result for you and your company. The firm’s guiding philosophy is that our work is comprehensive, effective personalized service of the highest professional quality. We are specialists! Each and every Premier Associate has experience in all areas necessary to conclude the successful sale of your business. Our combined team has over 100 years of experience in the business divestiture process. Premier Group emphasizes team involvement to achieve optimum participant communications, coordination and transactional responsiveness. The Premier Group’s team members work daily with local, regional and national buyers and sellers. Our experience has generated a network of attorneys, accountants, bankers, tax specialists, lessors and many others in the M&A universe into a unique collaborative advisory and transactional group that focuses on making your business presentable, desirable, marketable and financeable. We deeply appreciate the consideration of our firm as your professional intermediary - in possibly the most important financial decision of your life – the selling of your company.
Chicago, IL
$175,000
Willowbrook, IL
$135,000
$1,450,000
Illinois
Chicago Heights, IL
$274,900
Chicago, IL
$460,000
Available Nationwide
$150,000
Cook County, IL
$310,000
Orland Park, IL
$450,000
Northbrook, IL
$369,000
Gorham, IL
$400,000
Chicago, IL
$900,000
Will County, IL
$1,300,000
Illinois
$195,000
Chicago, IL
$695,000
Naperville, IL
$100,000
Available in Illinois
$200,000
For those in the market to buy or sell a service business in Illinois, it’s crucial to gain an understanding of how the market values these businesses, and what average financial performance looks like. To that end, we have aggregated listings data to surface current valuation multiples and typical financials of Illinois service businesses.
Market Overview
|
Number of Businesses Analyzed |
119 |
|
Median Asking Price |
$462,125 |
|
Median Reported Revenue |
$600,000 |
|
Median Reported Earnings |
$200,106 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Illinois Service Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.46 |
1.99 |
|
Median |
0.80 |
2.69 |
|
Upper Quartile |
1.18 |
3.64 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Service Business Valuation Multiples & Financial Benchmarks
FAQs
How much does it cost to buy a service business in Illinois?
Prices vary depending on sales volume and financial performance, but the median asking price for a service business in Illinois is approximately $462,125.
How much do service business owners earn?
These businesses vary in sales volume, but Illinois service business owners report median annual sales of $600,000 and annual owner earnings of $200,106. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a service business?
Valuing a service business involves considering several factors, including annual revenue, profit, owner earnings, growth (or decline) trends, and historical stability. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples of service businesses in Illinois range from 0.46 to 1.18, with the median at 0.80. Earnings multiples range from 1.99 to 3.64, with the median at 2.69. These values indicate that a typical service business in Illinois may sell for around 0.80 times its annual revenue, and 2.69 times its annual owner’s earnings.
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