Chicago, IL
$205,000
Chicago, IL
$205,000

Chicago, IL
$500,000

Chicago, IL
$299,000

Chicago, IL
$250,000
REAL ESTATE INCLUDED
Chicago, IL
$1,100,000
Chicago, IL
$695,000
Chicago, IL
$1,425,200
REAL ESTATE INCLUDED
Chicago, IL
$2,000,000
Chicago, IL
$500,000
Chicago, IL
$199,900
Available in Illinois
$50,000
REAL ESTATE INCLUDED
Chicago, IL
$895,000
Chicago, IL
$100,000
$140,000
Chicago, IL
Chicago, IL
$190,000
Chicago, IL
$42,000
Premier Route Consulting
Premier Route Consulting
Serving Cook County, IL
When the time comes for you to make one of the most important business decisions of your life, have confidence knowing you partnered with a firm that has been in your shoes and understands the FedEx Ground route sale process. Premier Route Consulting is made up of former ISP owners with years of experience working inside the FedEx Ground system. Combine that with financial and consulting experience and you discover what stands us apart from the competition. Whether you are a veteran contractor that is ready to move on to your next venture or a potential buyer that is interested in becoming a FedEx ISP, let us help guide you through your sale to ensure a successful transaction and prosperous outcome.
Chicago, IL
$180,000
Chicago, IL
$110,000
REAL ESTATE INCLUDED
Chicago, IL
$1,400,000
Chicago, IL
$450,000
REAL ESTATE INCLUDED
Chicago, IL
$1,195,000
Available Nationwide
$60,000
Chicago, IL
$1,200,000
REAL ESTATE INCLUDED
Chicago, IL
$750,000
$600,000
Chicago, IL
Chicago, IL
$45,000
Chicago, IL
$750,000
Chicago, IL
$60,000
Chicago, IL
$3,000,000
Chicago, IL
$299,990
Chicago, IL
$170,000
Chicago, IL
$148,000
Available Nationwide
$100,000
Chicago, IL
$119,800
Chicago, IL
$3,800,000
$98,000
Chicago, IL
Chicago, IL
$7,200,000
Chicago, IL
$159,000
Available Nationwide
$60,000
Chicago, IL
$495,000
Chicago, IL
$294,999
Chicago, IL
$370,000
Chicago, IL
$450,000
Chicago, IL
$259,900
Andrew Everett
Transworld Business Advisors - Chicago North Side
Serving Cook County, IL
Hiring a business broker in Chicago can be a strategic move for entrepreneurs looking to buy or sell a business. Chicago's dynamic and competitive market demands a nuanced understanding of local trends, regulations, and potential buyers or sellers. A skilled business broker acts as a guide through this intricate process, leveraging their expertise to navigate negotiations, conduct valuations, and ensure a smooth transaction. Whether you're a business owner seeking to sell your venture or an aspiring entrepreneur looking to invest in Chicago's vibrant business landscape, engaging the services of a reputable business broker can prove instrumental in achieving your goals and making the most informed decisions in this bustling metropolitan environment.
Chicago, IL
$275,000
Chicago, IL
$175,000
Chicago, IL
Chicago, IL
$300,000
Chicago, IL
$175,000
Available in Illinois
$150,000
Chicago, IL
$274,900
Chicago, IL
$268,000
Chicago, IL
$450,000
Chicago, IL
$15,000
Chicago, IL
$299,000
Chicago, IL
$2,100,000
Chicago, IL
$220,000
Chicago, IL
$299,900
Chicago, IL
$30,000
Available in Illinois
$100,000
Chicago's economy is thriving, making it an attractive location for those looking to buy a business. The city is known for its diverse industries, from finance and technology to manufacturing and healthcare. If you are considering purchasing a business in Chicago, IL, the following data can provide some context for your decision-making process.
Market Snapshot
We have aggregated data from business for sale listings in Chicago to give you a sense of the market. Keep in mind, this is a dynamic marketplace, so numbers will fluctuate. However, this data can give you a general idea of the types of businesses, price ranges, and financial performance you can expect.
|
Number of Businesses for Sale |
~240 |
|
Median Asking Price |
$450,000 |
|
Median Reported Revenue |
$810,000 |
|
Median Reported Earnings |
$200,000 |
|
Profit Margin |
24% |
|
Earnings Multiple |
2.3 |
|
Revenue Multiple |
0.6 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
How many businesses are currently for sale in Chicago?
At present, there are approximately 240 businesses available for sale in Chicago. This vibrant market offers a diverse range of opportunities for prospective buyers. Many of these businesses may be listed for sale blindly to maintain confidentiality, so a broader Cook County or Chicago Metro Area search may be needed to find them.
What types of businesses are most commonly listed for sale in Chicago?
The Chicago business market is diverse, with the following types of businesses frequently listed:
Additionally, there are Automotive and Boat, Beauty and Personal Care, Manufacturing, Transportation and Storage, Education and Children, as well as Online and Technology businesses each with around 10 listings.
What is the average asking price for these businesses?
The median asking price for businesses in Chicago is $450,000. This number provides a benchmark for buyers, yet actual prices can vary significantly depending on specific factors such as location, industry, and profitability.
What are the average revenue and earnings of these businesses?
The median reported revenue for these businesses is approximately $810,000. With an average profit margin of 24%, the median reported earnings stand at $200,000. These figures underscore a healthy business climate in Chicago.
What are the asking valuation multiples?
In the Chicago market, the median earnings multiple is 2.3 on the asking price, and the revenue multiple is 0.6. It is crucial to understand that these multiples can vary widely across different industries and individual business attributes.
For business owners in Chicago looking to sell their businesses, what options do they have?
Business owners in Chicago can take two primary routes to sell their businesses. Most business owners will hire a business broker, who typically charges a fee ranging from 10% to 15% of the sale price. Business brokers can add significant value through their expertise in valuation, marketing, and negotiating deals. Alternatively, some business owners might choose to list the business for sale directly and manage the sale process on their own to avoid broker commissions. This approach requires a greater level of involvement and understanding of the sales process and is suitable for business owners who have the time and resources to handle it. Overall, both options can be viable depending on the specific needs and goals of the business owner.