Chicago, IL
Established grocery store and deli operation located in a luxury high-rise building in Chicago's downtown core, presenting an exceptional opportunity for an experienced retail food operator. This...
$240,000
Restaurants and Food Businesses For Sale in Chicago, IL
Market Info
Hi-Rise Grocery Store or Upscale Deli Opportunity
3
Real EstateRARE / 5,295 SF 2nd gen. restaurant in Heart of River North for lease
Chicago, IL
Perfect opportunity for rebranding, located at ground level with large bi-fold opening windows, to a very nice size sidewalk cafe. Large dining room with a 35' bar and 175 Occupancy. Has an excellent...
Not Disclosed
6
Established ramen shop for sale -Prime Lakeview location, turnkey
Chicago, IL
Established Ramen Restaurant - Prime Lakeview Location This turnkey ramen shop presents an exceptional opportunity in Chicago's desirable Lakeview neighborhood. Operating successfully since 2019, the...
6
$250,000
Cash Flow: $170,000
Franchise opportunity: MINI HUT Famous Buttercrust fried chicken
Chicago, IL
PATENTED RECIPE, Serving the community for 53 years, this iconic chicken restaurant has built a loyal following around its secret patented recipe for “Buttercrust” chicken—a flavor and texture that no...
$199,999
Cash Flow: $93,600
2 Unit Bakery & Bistro - Chicago North Side
Chicago, IL
European Bakery, Bistro & Café — 2 Chicago Locations | Turnkey | $725,000 Two profitable & Growing (Up 20% projection in 2026) European bakery, bistro & café locations in the Chicago metropolitan area...
$725,000
Cash Flow: $262,145
Rare Lakeview opportunity: fully built-out, turnkey cookie shop
Chicago, IL
Rare Lakeview Cookie Shop Franchise - Turnkey Operation with Exceptional Performance This established franchise cookie shop presents an outstanding opportunity in Chicago's desirable Lakeview...
6
$450,000
Turnkey Restaurant Cafe Beautiful Space and Great Location Avondale!
Chicago, IL
Currently a poke restaurant but can easily be converted as a sushi restaurant, cafe or even coffee shop. The space is large, great flexibility to redesign it to your needs. Beautiful tropical vibes....
6
$75,000
Turnkey High Traffic Pizzeria & Cafe Historic North Side Neighborhood
Chicago, IL
This is a rare opportunity to acquire a highly acclaimed, turnkey fast-casual concept located in one of Chicago’s most desirable North Side neighborhoods. Since opening, this chef-driven business has...
3
$175,000
Cash Flow: $65,000
Longstanding Hugely Popular Café Chicago, IL - Over 29 Years!
Chicago, IL
Longstanding Hugely Popular Restaurant & Café Chicago, IL - Over 29 Years! "On A Lively Stretch Of A Major N-S Artery/Busy Mixed-Use Corridor Filled With Boutiques, Coffee Shops, Restaurants, Bars,...
6
$299,000
Cash Flow: $103,558
Turnkey Bar & Restaurant Space with Real Estate in Northwest Chicago!
REAL ESTATE INCLUDED
Chicago, IL
TURNKEY MIXED-USE OPPORTUNITY: Renovated Bar, Restaurant & Pizzeria + Apartment in Northwest Side of Chicago (BUSINESS + REAL ESTATE) This exceptional mixed-use property at 7455 W Irving Park Rd...
6
$1,000,000
FranchiseZiggi's Coffee
Available Nationwide
Brew community and profit with Ziggi’s Coffee—flexible formats, strong support, and high AUV in one of America’s fastest-growing franchises.
$150,000
Popular Chicago Brunch Restaurant with Unique Concept
Chicago, IL
**Exact Address and Full Details upon signed NDA and verified financial capabilities.** This is a rare chance to acquire a well-established and profitable brunch restaurant located in one of Chicago’s...
$650,000
Established & Profitable Donut Shop | Strong Repeat & Wholesale Demand
Chicago, IL
This long-established donut shop has served its community for decades and is known for donuts, breakfast sandwiches, and coffee. The business benefits from a loyal repeat customer base, consistent...
$579,000
Cash Flow: $150,240
Chicago Modern-American, Southern Inspired Cuisine
Chicago, IL
This Company provides a vibrant environment with live music, a modern American southern-inspired menu, and professional bar offerings that all continue to evolve. With a dedicated customer base and...
Not Disclosed
Cash Flow: $373,898
Asset SaleBucktown Restaurant For Sale
Chicago, IL
Asset Sale - Former Thai Restaurant, Bucktown Chicago This restaurant asset sale presents an exceptional opportunity to acquire an established restaurant in Chicago's desirable Bucktown neighborhood....
6
$65,000
Owner Financing,Sub#1 $10k+/Wk in Metro Decor' with Parking
Chicago, IL
$129,000
Marissa Lopresti
Transworld Business Advisors
Serving Cook County, IL
Contact me
Fresh Forward DECOR' SUB#1 FOR Sale In Chicago Downtown IL..
Chicago, IL
$225,000
Very High Volume SUB#1 For Sale In Chicago, IL.
Chicago, IL
$325,000
Turnkey, Profitable Coffee Company – 2 Prime Downtown Chicago Location
Chicago, IL
$500,000
Established Mexican Restaurant Business for Sale
Chicago, IL
$279,000
Established National Juice & Superfood Franchise - In Wicker Park!
Chicago, IL
$99,000
FranchiseWRAP SANDWICH COMPANY
Available Nationwide
$150,000
Established National Juice & Superfood Franchise - In Lincoln Park!
Chicago, IL
$99,000
Chicago-area fast-food restaurant and neighborhood favorite
Chicago, IL
$300,000
West Town Second Gen Restaurant
Chicago, IL
$125,000
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
Turnkey Restaurant & Prime Chicago Property w/Mixed-Use Add
REAL ESTATE INCLUDED
Chicago, IL
$675,000
Established Bagel Café & Deli – Prime Lakeview Location
Chicago, IL
$550,000
Longstanding Pizza Restaurant For Sale
Chicago, IL
$299,000
Chicago Illinois Wedding Caterer for Sale – Same Owner 25 Years
Chicago, IL
$695,000
Legendary Chicago Nightclub & Bar w/Real Estate
REAL ESTATE INCLUDED
Chicago, IL
$2,100,000
FranchiseMcAlister's Deli
Available Nationwide
$425,000
Established & Beloved Turnkey Restaurant in Prime Location
Chicago, IL
$119,800
Established Food Franchise in High Traffic Tourist and Biz District
Chicago, IL
$159,000
Hyde Park Restaurant For Sale
Chicago, IL
$75,000
Fully functioning Banquet Hall. Recently updated. With Parking fo 31+
Chicago, IL
$1,850,000
Well-Known Tavern Opportunity with PPA License
Chicago, IL
$295,000
FranchiseVillage Inn
Available Nationwide
$250,000
Turn-Key Restaurant Opportunity in Prime Corner Location
Chicago, IL
$195,000
2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago
Chicago, IL
$650,000
2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago
Chicago, IL
$474,000
Sub#1 Franchise For Sale In Downtown Chicago Cook County
Chicago, IL
$299,000
Sub#1 Franchise For Sale In Chicago Cook County
Chicago, IL
$75,000
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.
Contact me
2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago, Co
Chicago, IL
$275,000
7 High Volume Sub#1 Franchises , Chicago ?For Sale As A Package
Chicago, IL
$1,474,000
Sarpino's Pizza For Sale In Chicago, Cook County
Chicago, IL
$195,000
High-Volume Bar & Restaurant Franchise Chicago, IL - Sales Over $5.2M!
Chicago, IL
$3,999,000
Established Corner Bar/ Restaurant Concept
Chicago, IL
$195,000
FranchiseBeyond Juicery + Eatery
Available in Illinois
$150,000
Asset SaleTrademark and recipes for a true American icon!
Chicago, IL
$1,500,000
Asset SaleTurnkey café asset in a prime Chicago neighborhood
Chicago, IL
$85,000
Real EstatePrime Restaurant Bar Space with Outdoor Garden
Chicago, IL
Not Disclosed
Real EstateIconic Tavern + Liquor Store + Apartment - Mixed-Use Property For Sale
Chicago, IL
$900,000
Real EstateWest Loop Second Generation Restaurant Space For Lease
Chicago, IL
Not Disclosed
FranchiseScramblers Restaurant
Available in Illinois
$150,000
Buy or Sell a Restaurant in Chicago, IL
Food and restaurant businesses are among the most common businesses bought and sold on BizBuySell. Whether you are a buyer or a seller, it is helpful to have some context on the local market. To provide that context, we have analyzed restaurant for sale listings in Chicago and aggregated financial data to help you compare and evaluate individual restaurant businesses.
Market Snapshot
|
Number of Businesses Analyzed |
44 |
|
Median Asking Price |
$267,000 |
|
Median Reported Revenue |
$800,000 |
|
Median Reported Earnings |
$108,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Chicago, IL Restaurant Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.23 |
2.20 |
|
Median |
0.41 |
3.13 |
|
Upper Quartile |
0.63 |
3.70 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Restaurant Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a restaurant in Chicago?
The median asking price for restaurants in Chicago, IL is $267,000. However, prices can range significantly higher or lower depending on location, size, type, and the financial health of the business.
How much do restaurant owners earn?
Median revenue of restaurant businesses listed for sale in Chicago is $800,000, while the median reported owner’s discretionary earnings is $108,000. Earnings can vary greatly depending on the type of restaurant, location, management efficiency, and market demand.
How are restaurants in Chicago valued?
Most business owners (and buyers) will start by applying earnings and revenue multiples to the businesses reported financials. This way buyers and sellers can gauge the value of a restaurant business relative to its peers in the market.
Based on our most recent analysis of Chicago restaurant business listings, revenue multiples range from 0.23 to 0.63, with the median at 0.41. Earnings multiples range from 2.20 to 3.70, with the median at 3.13. This means restaurants in Chicago are valued, on average, around 0.41 times annual revenue, and 3.13 times annual owner earnings.
On average, businesses sell for about 80-90% of asking price, so valuation multiples based on active listings tend to be higher than closed sale multiples.
More for Business Buyers:
More for Business Sellers:
- How to Value & Sell Your Restaurant Business
- Find a Business Broker
- List a Business for Sale
- Get Closed Sale Valuation Data
