Ravenswood, IL
$399,000
Miscellaneous Restaurant and Bars For Sale in Illinois
Real EstateLincoln Square/Ravenswood Small Shop Space
Real EstateFully Equipped Restaurant for Sale or Lease
West Dundee, IL
$1,250,000
Real EstateHigh-Profile Restaurant/Retail/Business Opportunity on Central Street
Evanston, IL
Not Disclosed
Real EstateFully Renovated Free Standing QSR with Drive-thru - Joliet
Joliet, IL
$1,995,000
Real EstateDowntown Evanston Restaurant & Bar/Retail Opportunity
Evanston, IL
Not Disclosed
Real EstateOne of a Kind Restaurant/Hospitality Spaces at The Lofts at River East
Chicago, IL
Not Disclosed
Real EstateHotel Restaurant for Lease in Northbrook
Northbrook, IL
Not Disclosed
Real EstateWest Loop Commercial Space For Lease
Chicago, IL
Not Disclosed
Real EstateTurn Key Grill & Bar with $$$ Grandfathered Video Poker
Frankfort, IL
$1,500,000
Buy or Sell a Miscellaneous Restaurant and Bar in Illinois
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 10 |
| Median Asking Price | $237,500 |
| Median Reported Revenue | $695,896 |
| Median Reported Seller's Discretionary Earnings | $118,431 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $154,375 | $237,500 | $349,750 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Miscellaneous Restaurant and Bars for sale in Illinois.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $564,232 | $90,946 |
| Median | $695,896 | $118,431 |
| Upper Quartile | $1,123,256 | $150,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Miscellaneous Restaurant and Bars listed for sale in Illinois.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.28 | 1.90 |
| Median | 0.39 | 2.57 |
| Upper Quartile | 0.59 | 2.72 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Miscellaneous Restaurant and Bar in Illinois?
The median asking price for an established Miscellaneous Restaurant and Bar in Illinois is $237,500, though prices range from under $154,375 to well over $349,750.
How much do Miscellaneous Restaurant and Bars owners in Illinois earn?
The median reported revenue of Miscellaneous Restaurant and Bars in Illinois is $695,896 and owners earn a median of $118,431, which includes the owners salary and any other financial benefits they receive.
How do I value a Miscellaneous Restaurant and Bar?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Miscellaneous Restaurant and Bars in Illinois, revenue multiples range from 0.28 to 0.59, with a median of 0.39. Earning multiples range from 1.90 to 2.72, with the median at 2.57. This means the typical Miscellaneous Restaurant and Bar in Illinois may ask for around 0.39 times its annual revenue, and 2.57 times its annual owner earnings.
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