Chicago, IL
Iconic Tavern + Liquor Store + Apartment Chicago, IL - Mixed-Use Property For Sale! "Coveted Chicago Tavern License, Liquor Store License & Applied Gaming License Included" A unique opportunity to...
Businesses For Sale in Chicago, IL
Local Info
Real EstateIconic Tavern + Liquor Store + Apartment - Mixed-Use Property For Sale
$900,000
Real EstateHigh-Earning Laundry Business + Building for Sale
Chicago, IL
Annual Gross Revenue: $468,000 This is a fantastic opportunity to acquire a well-established, revenue-producing coin laundry located on bustling N Cicero Ave. With steady walk-in traffic, loyal repeat...
$2,650,000
Real EstateLakeview Business for Sublease!
Chicago, IL
I am looking to sublease my salon. 4 years left on my lease. 3.5% increase yearly. max payment per month by the end of the lease is $3900 its a steal. great location. i have items inside that would...
6
Not Disclosed
Real EstateFlower Business Setup for Sale - $30,000
Chicago, IL
A rare opportunity to acquire a fully built-out, turnkey flower shop setup in the heart of Lakeview/Lincoln Park, Chicago. This established retail location has successfully operated as a flower store...
6
Not Disclosed
Power Washing and Snow Removal Business
Chicago, IL
$270,000
Daycare - Near North Chicago (468)
Chicago, IL
$795,000
Very High Volume SUB#1 For Sale In Chicago, IL.
Chicago, IL
$325,000
Windy City Vending: Scalable Passive Income
Chicago, IL
$160,000
4 FedEx Linehaul Routes - Chicago, IL - Seller & Vehicle Financing
Chicago, IL
$1,325,000
Trucking company with 2 trucks rented for sale
Chicago, IL
$180,000
FranchiseHydrate IV Bar
Available in Illinois
$125,000
Local Flooring Business In North Chicago
Chicago, IL
$350,000
Boutique Salon near downtown Chicago
Chicago, IL
$100,000
Dry Cleaner Business
$310,000
Chicago, IL
Industry-Leading Flooring Franchise in Prime Chicago Areas - AI Proof
Chicago, IL
$297,000
Specialty Furniture Repair And Restoration Business In Chicago
Chicago, IL
$110,000
Sands Investment Group
Sands Investment Group
Serving Cook County, IL
Sands Investment Group specializes in the buying and selling of investment properties for private institutions and investors nationwide. Our brokers are experts in their product type, from restaurants to retail and everything in between. Our company of distinguished experts in all aspects of investment properties bring a proven track record to the table with over 4,800+ transactions in 48 states and $9.2 Billion in commercial real estate transactions—and counting.
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Turnkey, Profitable Coffee Company – 2 Prime Downtown Chicago Location
Chicago, IL
$500,000
Profitable Recession Proof Senior Care Franchise in Chicago, IL
Chicago, IL
$200,000
Upscale and Modern Medical Spa for Sale in Prime Chicago Downtown
Chicago, IL
$199,000
Established Hospital-Anchored Mental Health Practice | Absentee Owner
Chicago, IL
$1,100,000
Premium 2,400 sq ft Creative Event, Photostudio & Wedding Venue
Chicago, IL
$45,000
FranchiseLine-x
Available Nationwide
$100,000
Home Improvement Business (Profitable, Recognized & Unique)
Chicago, IL
$99,999
Own a Home Care Franchise in Chicago with Two Territories!
Chicago, IL
$60,000
Trailer Leasing Company FOR SALE
$140,000
Chicago, IL
Downtown Chicago High-Rise Dry Cleaning Drop-Off Business
Chicago, IL
$250,000
Profitable Home Healthcare Solutions
Chicago, IL
$274,900
Daycare - Northside Chicago (467)
Chicago, IL
$599,000
LEAN and PROFITABLE MED SPA: 2 Location - Chicago
Chicago, IL
$1,500,000
Kitchen Remodeling Business Designed for Speed & Style
Chicago, IL
$539,900
Senior Home Care Business with Recurring Revenue
Chicago, IL
$980,900
Local, Residential Plumbing Business
Chicago, IL
$274,990
FranchiseTeam Logic IT
Available in Illinois
$50,000
Profitable 33-Year Old Massage & Body Therapy Spa in Chicago
Chicago, IL
$1,350,000
Turn-Key Established Flooring Business For Sale
Chicago, IL
$349,999
Chicago North Side- Open and Operating Home Services Franchise Resale
$350,000
Chicago, IL
Chicago 2 Tow Yards + Multifamily Business W/ Real Estate
REAL ESTATE INCLUDED
Chicago, IL
$3,500,000
Commercial Cleaning Company with Recurring Revenue
Chicago, IL
$890,000
FranchiseMr. Appliance
Available Nationwide
$85,000
Premium Kitchen Design, Remodeling & Custom Cabinetry #1040
Chicago, IL
$1,600,000
Local Shipping And Logistics Business In Chicago
Chicago, IL
$299,990
Chicago Construction Company For Sale
REAL ESTATE INCLUDED
Chicago, IL
$3,300,000
Established Mexican Restaurant Business for Sale
Chicago, IL
$279,000
Established National Juice & Superfood Franchise - In Wicker Park!
Chicago, IL
$99,000
Matt Friscia
Transworld Business Advisors of La Grange
Serving Cook County, IL
As an agent with Transworld Business Advisors, we help our clients buy and sell businesses every day. The La Grange leadership team consists of both Matt and Tony that have both owned and sold their own businesses. Additional agents Theresa and Kristina are here at your service that also have tremendous sales and business acumen skills. We have been in your shoes! Every broker that is part of our team completes a full business brokerage training course and certification program. We understand that the task of buying or selling a business can be overwhelming without the proper guidance. Our goal is to make the process as smooth as possible for both sides by relying on our global network of experienced business advisors.
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Established National Juice & Superfood Franchise - In Lincoln Park!
Chicago, IL
$99,000
Chicago-area fast-food restaurant and neighborhood favorite
Chicago, IL
$300,000
**PENDING SALE** Property Management Business for Sale in Chicago!
$159,000
Chicago, IL
High-Revenue Nail & Spa Business in Busy, Affluent Area
Chicago, IL
$370,000
West Town Second Gen Restaurant
Chicago, IL
$125,000
FranchiseFitness Machine Technicians
Available Nationwide
$50,000
Popular Long-Established Fast-Food Joint NW Side of Chicago-25+ Years!
Chicago, IL
$105,000
Long-Established Hot Dog, Beef, Gyros & Burger Joint w/Property-19Yrs!
REAL ESTATE INCLUDED
Chicago, IL
$1,100,000
Liquor store for sale
Chicago, IL
$800,000
Hookah Lounge with Property For sale
Chicago, IL
$710,000
Turnkey Restaurant & Prime Chicago Property w/Mixed-Use Add
REAL ESTATE INCLUDED
Chicago, IL
$675,000
Excellent Opportunity to own Establised over 75 year Livrey businees
Chicago, IL
$495,000
Local In-Home Care Services - Non-Medical
Chicago, IL
$299,899
Profitable Tile and Grout Restoration – $155K Cash Flow, 15+ Years
Chicago, IL
$295,000
CONTRACT PENDING! Archer & Central Laundromat, Chicago
Chicago, IL
$1,189,000
FranchiseMore Space Place
Available in Illinois
$75,000
Buy or Sell a Business in Chicago, Illinois
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:
- Food and Restaurants: around 60
- Retail: around 30
- Service Businesses: around 30
- Building and Construction: around 20
- Health Care and Fitness: around 20
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.
