McHenry County, IL
Business Overview: Established 8+ years, this upscale tavern-style restaurant is a proven operation with a loyal customer base and a strong local reputation. Prior to absentee ownership, annual sales...
$400,000
Cash Flow: $155,000
REAL ESTATE INCLUDED
Elmwood Park, IL
Rare Investment Opportunity: Unlock a Thriving Bar Legacy with Rental Income Potential in Elmwood Park Address: 7463 W Diversey Ave, Elmwood Park, IL Welcome to a rare and lucrative opportunity in the...
$925,000
Morris, IL
The owner of this well known and highly regarded establishment is transitioning into partial retirement, creating a rare opportunity to acquire a thriving, high volume restaurant and bar with strong...
$700,000
REAL ESTATE INCLUDED
Godfrey, IL
Exceptional 20+ year established sports bar and entertainment venue situated on 5 prime acres in Godfrey, IL. This turnkey operation generates impressive $3M annual revenue with substantial video...
$3,980,000
DeKalb County, IL
This is a popular local bar with a steady and growing clientele known for being a good place to go for an inexpensive night out at an establishment that has all of the amenities one would expect from...
$295,000
Rockford, IL
FOR SALE – Turnkey Bar & Grill Opportunity! Oscar’s Bar & Grill – Available Under Lease Assignment Are you ready to own and operate your own neighborhood hotspot? Oscar’s Bar & Grill, a well-known...
$200,000
Cook County, IL
Take advantage of this rare opportunity to own a well-established bar and gaming lounge with over 40 years of local history. Recently remodeled with modern upgrades, this neighborhood staple combines...
$99,000
South Chicago Heights, IL
Gaming Cafe and Bar located in a desirable, high-visibility area, next to two big box retailers. This beautifully updated space offers a welcoming and modern atmosphere in a high traffic area. The...
$120,000
Tinley Park, IL
This is an excellent opportunity for a motivated owner to take over a Southwest suburb Upscale Sports Bar. Huge Granite Bar with many lounge tables. Beautiful Diamond Tuft Banquette along with other...
$580,000
Cash Flow: $180,000
Illinois
Steakhouse that has been in the same location for 75 years! Owners are ready to retire. Recently updated the bar area with a new floor. Large walk-in refrigerator is in place to allow you to stock up...
$50,000
Cash Flow: $29,500
Available Nationwide
Our food is addictive and our concept is fresh!
$200,000
Aurora, IL
Profitable Bar & Grill with Video Gaming - Business Only - Turnkey Opportunity! This is your chance to own a well-established bar and grill with steady food, beverage, and high-margin video gaming...
$425,000
EBITDA: $233,904
Schaumburg, IL
Ready to step beyond the fried ice cream and fedoras? This Mexican restaurant and bar takes authentic Latin American food to the next level! Instead of the usual cozy Mexican restaurant, this...
$549,900
Cash Flow: $132,156
REAL ESTATE INCLUDED
Illinois
Well-established bar and grill in a growing Illinois town, operating for over 42 years. Features include six gaming machines generating $169K annually/Location Share $50K annually, pool tables, and a...
$385,000
Cash Flow: $60,000
Rock Island County, IL
Rare opportunity to acquire a fully equipped bar and grill with real estate included in Reynolds, Illinois. This turnkey asset sale features the former Dooder's Bar & Grill, a beloved community...
$199,000
Rock Falls, IL
Rare opportunity to lease a fully equipped, turnkey bar space in downtown Rock Falls, Illinois. This 1,500 sq ft space is ideal for first-time bar owners, entrepreneurs, or experienced operators...
Not Disclosed
Patrick McGinty
FranVue
Serving Cook County, IL
We help you achieve financial freedom through franchise ownership! Our specialty is franchise resales. We are committed to understanding you, your preferences, and your goals. Franchising is not for everyone. Using our quick and streamlined process, our experts can help you know if you have what it takes to own a franchise and identify the perfect existing franchise opportunity. Here’s How Our Relationships With Leading Franchises Will Benefit You! We offer our services to franchise-seeking clients free of charge. Leading franchisors pay us directly for helping them resell their existing franchises to people who are qualified and suitable for their system. FranVue only works with reputable franchisors that are leaders in their segments and help you find the most suitable ones for you. We Will Be There For You From Beginning To End From submitting your application to signing the franchise agreement, we are here to assist and guide you every step of the way. We offer valuable resources, insights, and connections that will help you make an informed decision. Our experts will work with you individually to help you reach your personal business ownership goals Do you need a passive income stream to supplement your current job? Looking for a quick and easy way to expand your portfolio? Or would you like to start a legacy business that can help your family build generational wealth? With the right franchise, you can easily achieve all these goals and some more.
Mount Prospect, IL
Prime retail opportunity in the heart of Downtown Mount Prospect! This 2,196 square foot second-generation bar/cafe space at 133 W. Prospect Avenue offers an exceptional opportunity for hospitality...
Not Disclosed
Joliet, IL
$249,900
Peoria, IL
$259,000
REAL ESTATE INCLUDED
Round Lake Heights, IL
$1,300,000
Macoupin County, IL
$125,000
Available Nationwide
$350,000
New Lenox, IL
$500,000
Springfield, IL
$300,000
Elmwood Park, IL
$199,000
St. Clair County, IL
$475,000
Lyons, IL
$290,000
Boone County, IL
$165,000
Tazewell County, IL
$199,900
REAL ESTATE INCLUDED
Hampshire, IL
$1,000,000
Winnebago County, IL
$350,000
Cook County, IL
$630,000
Available in Illinois
$75,000
Caseyville, IL
$120,000
Cook County, IL
$1,200,000
REAL ESTATE INCLUDED
Chicago, IL
$1,400,000
Country Club Hills, IL
$180,000
Joliet, IL
$1,200,000
REAL ESTATE INCLUDED
Madison County, IL
$1,575,000
Peoria County, IL
$650,000
REAL ESTATE INCLUDED
Springfield, IL
$595,000
Elgin, IL
$125,000
REAL ESTATE INCLUDED
South Suburban, IL
$9,999,000
Chicago, IL
$295,000
Jay Whitney
Childcare Brokers
Serving Cook County, IL
We provide the following services for childcare center clients. • Childcare center business sales & business acquisition consultants. (Have helped 100+ people sell/buy centers) • Loan brokers for childcare centers.(Have helped 100+ people get financing) • Business Valuations (Have provided 200+ valuations) The true benefits of a good Sell-Side Business Consultant (not BROKER) is helping the Owner/Seller: • To sell the childcare center at the RIGHT price • By recommending AGAINST selling NOW if exit planning shows it would be better to wait before selling • To recommend against the seller from selling at a price below what the childcare center is worth • To prevent the childcare center from languishing on the “business for sale” marketplace for years • To allow the business owner to have time to manage his/her business so that the business value does not suffer by helping in the many tasks required during the business sales process. The true benefits of a good Buy-Side Business Acquisition Consultant and Buy-Side Business Loan Broker is helping the childcare business buyer: • To find childcare center business owners who are truly motivated to sell. (Most childcare center owners who want to sell, are not listed for sale by business brokers. I can help you contact them by coaching you with the most effective approaches!) • To find the RIGHT business to buy • To prevent a client from over-paying for a business and/or buy the WRONG business • To secure a SBA loan at a lower interest rate than what the buyer could get on his/her own.
Chicago, IL
$590,000
REAL ESTATE INCLUDED
Harvel, IL
$155,000
Decatur, IL
$55,000
Joliet, IL
$195,000
Chicago, IL
$3,999,000
REAL ESTATE INCLUDED
Verona, IL
$1,599,000
DuPage County, IL
$750,000
Chicago, IL
$195,000
Chicago, IL
$85,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 26 |
| Median Asking Price | $397,500 |
| Median Reported Revenue | $823,547 |
| Median Reported Seller's Discretionary Earnings | $120,288 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $226,000 | $397,500 | $587,500 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Bars, Pubs and Taverns for sale in Illinois.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $409,516 | $65,000 |
| Median | $823,547 | $120,288 |
| Upper Quartile | $1,440,681 | $180,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller’s discretionary earnings of Bars, Pubs and Taverns listed for sale in Illinois.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.25 | 2.08 |
| Median | 0.45 | 2.59 |
| Upper Quartile | 0.75 | 4.00 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Bar, Pub and Tavern in Illinois?
The median asking price for an established Bar, Pub and Tavern in Illinois is $397,500, though prices range from under $226,000 to well over $587,500.
How much do Bars, Pubs and Taverns owners in Illinois earn?
The median reported revenue of Bars, Pubs and Taverns in Illinois is $823,547 and owners earn a median of $120,288, which includes the owners salary and any other financial benefits they receive.
How do I value a Bar, Pub and Tavern?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Bars, Pubs and Taverns in Illinois, revenue multiples range from 0.25 to 0.75, with a median of 0.45. Earning multiples range from 2.08 to 4.00, with the median at 2.59. This means the typical Bar, Pub and Tavern in Illinois may ask for around 0.45 times its annual revenue, and 2.59 times its annual owner earnings.
More for Business Owners
Create an Owner AccountSell Your BusinessFind a Business BrokerLearn About Selling a BusinessMore for Business Buyers
Create a Buyer AccountLearn About Buying BusinessesGet BizBuySell Edge
