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
Restaurants and Food Businesses For Sale in Chicago, IL
Market Info
Real EstateRARE / 5,295 SF 2nd gen. restaurant in Heart of River North for lease
6
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
Established National Juice & Superfood Franchise - In Wicker Park!
Chicago, IL
Amazing opportunity to purchase a fast-growing juice, smoothie and superfood bar franchise. Offering cold-pressed juices, superfood smoothies, acai/pitaya bowls, wellness shots and more. Perfect for...
$99,000
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
Longstanding Hugely Popular Café Chicago, IL - Over 29 Years!
Chicago, IL
Offering an eclectic menu of amazing vegan, vegetarian, gluten free and meat friendly dishes for breakfast, brunch, lunch and dinner. Including breakfast staples, brunch favorites, soups, salads,...
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
Popular Long-Established Fast-Food Joint NW Side of Chicago-25+ Years!
Chicago, IL
Serving a delicious menu of grilled favorites, classic American comfort food and Greek influenced cuisine including appetizers, soups, salads, char-broiled burgers, hot dogs/polish, Italian...
$140,000
Long-Established Hot Dog, Beef, Gyros & Burger Joint w/Property-19Yrs!
REAL ESTATE INCLUDED
Chicago, IL
A rare opportunity to a beloved long-standing Chicago favorite, a popular fast-food joint that blends classic local fare with neighborhood hospitality. Located on one of the city’s busiest commercial...
$1,100,000
Cash Flow: $137,271
Hi-Rise Grocery Store or Upscale Deli Opportunity
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...
3
$500,000
Established Bagel Café & Deli – Prime Lakeview Location
Chicago, IL
Located in Chicago’s highly desirable Lakeview neighborhood, this established bagel café and deli offers a simple, easy-to-run operation with a strong reputation and consistent customer traffic. The...
$750,000
Cash Flow: $300,000
FranchiseH&H Bagels
Available Nationwide
New York City's most iconic bagel since 1972, now expanding nationwide. Major metropolitan areas are still available.
$500,000
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: $203,315
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
Asset SaleTurnkey Lincoln Square Restaurant Assests, property is for Lease
Chicago, IL
Highly desirable location with strong foot traffic and neighborhood visibility Rare 50 dedicated parking spots—a major advantage in this area 2,000 sq. ft. modern, clean interior with all-new finishes...
$150,000
Sun Acquisitions
Sun Acquisitions
Serving Cook County, IL
Sun Acquisitions has developed a fully integrated process that helps our clients evaluate all of their merger and acquisition options. Our approach starts with an in-depth analysis and planning session so that you can make the right decision regarding the contemplated sale or acquisition. We work with businesses across all industry sectors with annual sales between $1 to $50 million dollars. Our process ensures maximum value for our clients.
Contact me
Established Mexican Restaurant Business for Sale
Chicago, IL
$279,000
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
Turnkey Restaurant & Prime Chicago Property w/Mixed-Use Add
REAL ESTATE INCLUDED
Chicago, IL
$675,000
FranchisePapa Murphy's
Available in Illinois
$125,000
Turnkey, Profitable Coffee Company – 2 Prime Downtown Chicago Location
Chicago, IL
$500,000
Longstanding Pizza Restaurant For Sale
Chicago, IL
$299,000
Chicago Illinois Wedding Caterer for Sale – Same Owner 25 Years
Chicago, IL
$695,000
High-Volume Longstanding Japanese Restaurant w/Property Chicago-45 Yrs
REAL ESTATE INCLUDED
Chicago, IL
$895,000
Proven Fried Fish & Chicken Restaurant for sale
Chicago, IL
$42,000
Fast Food Restaurant Super Prime Location
Chicago, IL
$110,000
Legendary Chicago Nightclub & Bar w/Real Estate ~ Huge Value & Upside!
REAL ESTATE INCLUDED
Chicago, IL
$1,400,000
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
Cajun Broil- Confidential listing
Chicago, IL
$275,000
FranchiseKilwins
Available in Illinois
$200,000
Hyde Park Restaurant For Sale
Chicago, IL
$75,000
Established Seafood Restaurant
Chicago, IL
$268,000
Auntie Anne's Pretzel's Franchise, very rare model for sale.
Chicago, IL
$263,000
Pizzeria & Italian Restaurant - Sought-After Bucktown/Wicker Park!
Chicago, IL
$69,000
Fully functioning Banquet Hall. Recently updated. With Parking fo 31+
Chicago, IL
$1,850,000
FranchiseMoe's Southwest Grill
Available Nationwide
$300,000
Well-Known Tavern Opportunity with PPA License
Chicago, IL
$295,000
Turn-Key Restaurant Opportunity in Prime Corner Location
Chicago, IL
$195,000
Proven Smoke Shop Model For Sale
Chicago, IL
$590,000
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
Chad Severson
Troy Realty LTD
Serving Cook County, IL
Real Estate Troy Realty's diverse and specialized services are tailored to meet the unique needs of each client, ensuring a seamless and successful real estate and or business purchase/sale experience.
Contact me
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
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
FranchiseChocolate Bash
Available Nationwide
$100,000
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
Very High Volume Sub#1 Franchise For Sale In South Loop
Chicago, IL
$210,000
Asset SaleTurnkey café asset in a prime Chicago neighborhood
Chicago, IL
$85,000
Asset SaleTrademark and recipes for a true American icon!
Chicago, IL
$1,500,000
FranchiseChurch's Texas Chicken
Available in Illinois
$250,000
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
