Chicago, IL
$90,000

Chicago, IL
$90,000

Chicago, IL
$375,000

Chicago, IL
$150,000

Chicago, IL
Not Disclosed
Cash Flow: $247,198
Chicago, IL
$9,900,000
Chicago, IL
$50,000
Chicago, IL
$650,000
Chicago, IL
$474,000
Chicago, IL
$299,000
Chicago, IL
$75,000
Available Nationwide
$75,000
Chicago, IL
$275,000
Chicago, IL
$1,474,000
Chicago, IL
Chicago, IL
$195,000
Chicago, IL
$3,999,000
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.
Chicago, IL
$625,000
Chicago, IL
$650,000
Chicago, IL
$195,000
Chicago, IL
$599,000
Chicago, IL
$1,500,000
Available Nationwide
$50,000
Chicago, IL
$295,000
Chicago, IL
$50,000
Chicago, IL
$350,000
Chicago, IL
$250,000
Chicago, IL
$210,000
Chicago, IL
$53,000
Chicago, IL
$502,680
Chicago, IL
$625,000
Chicago, IL
$1,500,000
Available in Illinois
$50,000
Chicago, IL
$1,700,000
Chicago, IL
$75,000
Chicago, IL
$300,000
Chicago, IL
$69,000
Available in Illinois
$65,000
Chicago, IL
$45,000
Chicago, IL
$750,000
Chicago, IL
$150,000
Chicago, IL
$1,275,000
Chicago, IL
Not Disclosed
Chicago, IL
Not Disclosed
Chicago, IL
$3,500,000
AutoCenter Sales
AutoCenter Sales, Inc.
Serving Cook County, IL
With over 30 years of experience in the automotive center and business brokerage industries, the team at AutoCenter Sales has first-hand experience and knowledge to help you with the purchase or sale of your business. We have the capabilities to handle all sides of the transaction process, which makes for a more thorough and seamless transition.
Chicago, IL
$190,000
Chicago, IL
$895,000
Available in Illinois
$60,000
Chicago, IL
$239,000
Chicago, IL
Not Disclosed
Chicago, IL
$6,700,000
Chicago, IL
Not Disclosed
Chicago, IL
Not Disclosed
Chicago, IL
Not Disclosed
Chicago, IL
$449,900
Chicago, IL
Not Disclosed
Chicago, IL
$265,000
Available Nationwide
$650,000
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.