REAL ESTATE INCLUDED
Cook County, IL
Price lowered, motivated sellers. All serious offers being considered. $400,000 for the business $2.5 million for the real estate. Gorgeous Full-service restaurant, banquet private room rental, huge...
$2,900,000
Restaurants and Food Businesses For Sale in Illinois
Iconic DT Tinley Restaurant and Wedding Venue for sale.
Profitable Upscale Tavern – McHenry County / Northwest Suburbs Absente
McHenry County, IL
Business Overview: Established 8+ years, this upscale tavern-style restaurant is a proven operation with a loyal customer base and a strong local reputation. Prior to absentee ownership, annual sales...
$400,000
Cash Flow: $155,000
Rare Investment Opportunity: Longstanding Neighborhood Bar & Rental
REAL ESTATE INCLUDED
Elmwood Park, IL
Rare Investment Opportunity: Unlock a Thriving Bar Legacy with Rental Income Potential in Elmwood Park Address: 7463 W Diversey Ave, Elmwood Park, IL Welcome to a rare and lucrative opportunity in the...
$925,000
10
Well Known High Revenue, Restaurant & Bar In Nostalgic Downtown Morris
Morris, IL
The owner of this well known and highly regarded establishment is transitioning into partial retirement, creating a rare opportunity to acquire a thriving, high volume restaurant and bar with strong...
$700,000
31
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
High-Volume Long Established Family Restaurant - Northwest Suburb!
Cook County, IL
High-Volume Long Established Family Restaurant Northwest Suburb of Chicago - Premier Hospitality Corridor! "At The Intersection Of A Major East-West Arterial & Major Thoroughfare, Also At A Major...
$175,000
Rare Lakeview opportunity: fully built-out, turnkey cookie shop with
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...
$400,000
Successful Profitable Pizza Shop
Cook County, IL
A well-established neighborhood dining concept offering classic Italian cuisine and traditional New York–style pizza. Known for its approachable menu and casual atmosphere, the restaurant serves a...
$350,000
Cash Flow: $130,031
Established Pizza Business for Sale in Carol Stream
Carol Stream, IL
Presenting Pie Life Pizzeria at 541 S Schmale in Carol Stream, IL a thriving pizza business opportunity that's ready to impress! This well-established pizzeria is strategically located in the bustling...
$85,000
Volume over $1 Million every year for the past 4 Years!!
Kendall County, IL
SALES: YEAR 2025: $1,105,089+$34,290(DOOR DASH) +$10,268 (UBER EATS) YEAR 2024: $1,095,440+$33,520(DOOR DASH) +$9,646 (UBER EATS) YEAR 2023: $1,206,980 YEAR 2022: $1,265,319 18 yrs established • 12...
$599,000
FranchiseFamous Toastery
Available in Illinois
Breakfast, Lunch, Brunch... All at Once! A fresh, community-driven franchise with strong returns and a guest-first culture.
$250,000
Premium Bubble Tea Café | Strong Margins | Scalable Brand
Lisle, IL
Opportunity to acquire a fully built-out and operating bubble tea café in Chicago. This modern, well-designed space offers a streamlined, high-demand beverage concept with strong repeat customer...
$200,000
High End European Cake and Dessert Bakery
Wheeling, IL
This must see European Cake and Dessert Bakery was founded by a Pastry Artist creating products that evoke the spirt of international cultures and Flavors If your looking for a high end bakery look no...
3
$110,000
Cash Flow: $54,000
Fried Chicken Restaurant
Niles, IL
Turnkey Chicken & Fries Restaurant for Sale - Prime Niles Location! Profitable and fully equipped Chicken & Fries restaurant for sale in the highly sought-after Niles retail corridor, near Patel...
5
$250,000
Established Restaurant for Sale
REAL ESTATE INCLUDED
Villa Park, IL
Gyros Express presents an exceptional opportunity to acquire a well-established Mediterranean restaurant with over 40 years of successful operation in Villa Park, Illinois. This turnkey fast-casual...
6
$1,295,000
High-Volume Modern Fast-Casual Chicken Wing Restaurant!
DuPage County, IL
High-Volume Modern Fast-Casual Chicken Wing Restaurant Affluent Western Suburb - Exceptional Location! "With Consistent Year Over Year Growth - 2022-2025 Sales Up And Well-Positioned For Continued...
$250,000
Cash Flow: $87,557
Dave Perkins
We are intermediaries.
Serving Cook County, IL
Abstract Business Advisors, LLC is a specialty healthcare advisory firm offering our clients a unique advantage over traditional brokerage firms who handle mergers & acquisitions. Our team of professionals has over 100 years of combined health care business ownership and experience allowing us a comprehensive understanding of the industry. Over 24 years in business and more than $2.5B in transactions! At Abstract Business Advisors, LLC, we feel what sets us apart from other health care M&A firms, brokers, and brokerage firms, is our dedication to our clients both on the Buyer and Seller side. In addition to paying attention to details, it is crucial that we pay close attention to the health care laws, as well as the pending changes that could affect values in the health care world. We know the issues critical to the healthcare industry — reimbursement, government regulations, information systems, product technology, and market trends — issues that directly impact who’s buying, who’s selling, why, and for how much. As professional healthcare M&A advisors, we understand that our valuation methods and processes are our responsibility as a trusted partner. Starting with your price expectations, we identify and rate the market realities you are facing. Our marketing objective is to reach qualified buyers and sellers with an accurate and consistent business profile. Abstract Business Advisors, LLC assists clients through the acquisition or selling process step-by-step. Strong seller and buyer emotions are a reality of any type of business transaction. Effective emotion management is a trademark characteristic of a successful closing. As situations arise, we provide objective analytical views. When your expectation issues are on the negotiating table; you are at your highest level of outcome risk. In these situations, you have the assurance that our firm’s negotiating experience and all of our resources are directed toward successfully preserving your interests.
Contact me
Established local iconic pizza restaurant.
Millstadt, IL
UNSURPASSED OPPORTUNITY to purchase a turnkey income producing pizzeria in the heart of downtown Millstadt. Property comprised of 2800 ft. including kitchen, private office, buffet, adult gambling, 2...
2
$85,000
Popular Longstanding Fast-Food Joint River Grove, IL - Over 26 Years!
River Grove, IL
Popular Longstanding Fast-Food Joint River Grove, IL - Over 26 Years! "A Trusted “Go-To” Spot For Residents, Workers & Commuters For Chicago-Style Comfort Food" An outstanding opportunity to purchase...
$99,000
Turn Key Sports Bar and Grill
REAL ESTATE INCLUDED
Godfrey, IL
Exceptional 20+ year established sports bar and entertainment venue situated on 5 prime acres in Godfrey, IL. This turnkey operation generates impressive $3M annual revenue with substantial video...
$3,980,000
High-Volume Breakfast & Lunch Restaurant w/Property - $1.5 Million!
REAL ESTATE INCLUDED
Cook County, IL
High-Volume Longstanding Breakfast & Lunch Restaurant w/Property - Sales $1.5 Million! "Long Established Over 50 Years And 38 Years At This Location" A classic diner offering all-day breakfast...
$1,200,000
Cash Flow: $264,523
Turnkey Breakfast Lunch Restaurant
Bloomingdale, IL
Profitable Casual-Upscale Breakfast & Lunch Restaurant – Illinois Modern, newly built-out restaurant offering dine-in and takeout with trained staff in place. Fully equipped turnkey operation, a full...
$199,000
FranchiseMoe's Southwest Grill
Available Nationwide
Moe's Southwest Grill® is authentic, adventurous and all-around fun. Our passion has made us the go-to brand for Southwestern fare and one of the most recognized fast-casual Mexican restaurant franchises available. We're the ideal choice for franchise owners interested in building a loyal following in their market while embracing their own independent spirit.
$300,000
Restaurant and Boba Tea Shop
Kane County, IL
Step into ownership of a modern boba tea shop located in a high-traffic, highly visible area with consistent drive-by traffic. This turnkey shop has been thoughtfully designed for efficiency and...
$225,000
Cash Flow: $91,794
Thriving Coffee Shop for Sale - Turnkey Business Opportunity!
Westmont, IL
Established Coffee Shop & Cafe - Prime Westmont Location This turnkey coffee shop presents an exceptional opportunity for an entrepreneur seeking an established business with strong fundamentals and...
5
$100,000
Established Local Pizzeria for Sale in North Central Illinois
La Salle County, IL
Casual, family-friendly Italian restaurant dishing out pizza, beef rolls, and other comfort foods for the last 35 years! The dining rooms seats 40+ and suitable for large families or groups. There is...
6
$290,000
Cash Flow: $220,985
Turnkey Boba Tea — Perfect for Restaurant or Take-Out
Hoffman Estates, IL
Located in a busy Hoffman Estates shopping center near South Barrington, this turnkey space offers a fully built?out setup ideal for quick?service or take?out concepts. The area has strong demand and...
6
$116,599
Well-Established Subway-Near Schools & Its Vibrant Downtown!
Cook County, IL
A popular franchise that specializes in made-to-order sub sandwiches using freshly-baked breads along with a wide variety of meats, cheeses, vegetables and sauces. As well as breakfast options, tasty...
$159,000
Coffee Shop, sandwich, donuts
Lake Zurich, IL
can change any type of business like donut shop sandwich shop coffee shop ice cream shop very nice setup for any type...
5
$39,000
High performing Hot Dog and Gyro Shop in Prime Location
Romeoville, IL
This established fast casual restaurant generates approximately $950,000 in annual revenue with a strong net profit of about $205,000. The concept is simple, proven, and highly efficient, offering...
$379,000
Cash Flow: $205,000
Established Chinese Restaurant
Riverdale, IL
Stable family-owned Chinese restaurant. Good location and little competition on the main street with abundant parking. NOTE: RESTAURANT IS LOCATED ONLY 4 DOORS FROM POPE LEO XIV CHILDHOOD HOME ACROSS...
6
$75,000
Cash Flow: $100,000
Established Donut Franchise – >$500K Revenue, Owner <10 Hrs/Week
Lake County, IL
Established franchise in Lake County IL. Four years of strong operations, excellent reviews, fully staffed, and turnkey. Modern buildout with $100K+ in equipment and a long-term lease. Located in a...
$350,000
Popular Bar & Grill....
DeKalb County, IL
This is a popular local bar with a steady and growing clientele known for being a good place to go for an inexpensive night out at an establishment that has all of the amenities one would expect from...
$295,000
Franchise810 Entertainment
Available Nationwide
810 is an upscale bowling, entertainment and dining experience where friends and family gather to be social, friendly competition and great food.
$650,000
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
Restaurant Limited to Breakfast and Brunch
Illinois
This well-established breakfast restaurant operates in a prime location within a small, stable community supported by a strong manufacturing and distribution employment base. Open daily from 7:00 AM...
$995,000
Cash Flow: $23,453
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
Popular Long-Established Fast-Food Joint w/Property NW Suburb-50 Yrs!
REAL ESTATE INCLUDED
Cook County, IL
Popular Long-Established Fast-Food Joint w/Property Northwest Suburb of Chicago - 50 Years! "Freestanding Building w/Parking Lot On One Of The Most Heavily Traveled Arterial Roads In The NW Suburbs...
$599,000
FranchiseLe Macaron
Available in Illinois
Bring the joy of French indulgence to your community—macarons, espresso, pastries, and more—supported by a franchise family dedicated to your success.
$100,000
Reduced! Established Community Bar with a Legacy of Success
Rockford, IL
FOR SALE – Turnkey Bar & Grill Opportunity! Oscar’s Bar & Grill – Available Under Lease Assignment Are you ready to own and operate your own neighborhood hotspot? Oscar’s Bar & Grill, a well-known...
6
$200,000
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
Popular Long-Established Fast-Food Joint NW Side of Chicago-25+ Years!
Chicago, IL
Popular Long-Established Fast-Food Joint Northwest Side of Chicago, IL - 25+ Years! "On One Of Chicago’s Primary Commercial Arteries Connecting Avondale, Logan Square, Irving Park & Surrounding NW...
$120,000
Video Gaming Lounge & Full Bar - Newly Remodeled - Motivated Seller
Cook County, IL
Take advantage of this rare opportunity to own a well-established bar and gaming lounge with over 40 years of local history. Recently remodeled with modern upgrades, this neighborhood staple combines...
$99,000
Thomas Varga
Kreshmore Group
Serving Cook County, IL
Kreshmore Group (KG), started operations in 2009 through its predecessors and grown to become Chicago’s preeminent restructuring and M&A advisory company. The firm serves myriad niche industries while focusing on lower-middle & mid-market companies within the continental United States. KG assists clients in restructures/turnarounds, workouts, recapitalizations, mergers, acquisitions, preparing companies to sell, senior and subordinated debt structuring, c-suite advisory, outsourced analytics and modeling, and solving complex financial problems with unique solutions. Headquartered in Lemont, Illinois, KG is known within the Chicagoland area as a tenacious and hyper-focused strategic consulting firm. Kreshmore Group consists of a creative, cohesive and diverse team with over 175 years of combined relevant experience.
Contact me
Honey Baked Ham
Bourbonnais, IL
ESTABLISHED HONEY BAKED HAM FRANCHISE - BOURBONNAIS, IL This profitable Honey Baked Ham franchise presents an exceptional opportunity for an owner-operator seeking a proven business model with strong...
3
$124,900
Cash Flow: $87,145
Network of 2 Chicken Salad Chick Franchise Stores in IL
Illinois
Two Chicken Salad Chick franchise locations are for sale in the state of Illinois. The stores operate absentee with a full-time area manager and have been in business for approximately 5 years. One of...
$675,000
Cash Flow: $165,000
Gaming Cafe for Sale
South Chicago Heights, IL
Gaming Cafe and Bar located in a desirable, high-visibility area, next to two big box retailers. This beautifully updated space offers a welcoming and modern atmosphere in a high traffic area. The...
$120,000
Turnkey Restaurant & Bar w/ Loyal Following – RE Included / $865K Rev
Clinton County, IL
Confidential acquisition opportunity: cash-flowing restaurant and full-service bar with real estate ownership. Strong sales performance of approximately $865,000 annually and 35,000+ transactions,...
$950,000
Specialty Bakery
Cook County, IL
Established Niche Bakery - Turnkey Business Opportunity This well-established specialty bakery offers an exceptional investment opportunity in Cook County's vibrant food service sector. Operating...
$175,000
FranchiseSedona Taphouse
Available in Illinois
Serious food and hundreds of craft beers. Proud to be named one of the fastest-growing private companies in the U.S. 4 years in a row by INC 5000.
$500,000
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
Unique fast food business
Lockport, IL
Established fast food restaurant specializing in authentic Mediterranean cuisine and American favorites, strategically located in Lockport, Will County. This turnkey operation features a comprehensive...
$179,000
Very Popular Fast Casual Restaurant & Bakery - Since 1922!
REAL ESTATE INCLUDED
Litchfield, IL
Third Generation Branded fast Casual restaurant/bakery business, very well known name, in the Illinois-Missouri region, in existence for over 100 years, since 1922. Excellent location off of Hwy 55...
6
$999,950
Cash Flow: $186,395
Custom Cake Bakery
Shorewood, IL
Very cute and clean bakery shop. I have poured my heart into this shop so much. If you love baking and creating, you should see this. I am here to help with whatever I know about this business. Large...
6
$65,000
Newly built out Fine Dining restaurant for Sale / Management contract
Villa Park, IL
Turnkey Fine Dining Restaurant Opportunity in Prime Villa Park Location This beautifully appointed Indian restaurant presents an exceptional turnkey opportunity for restaurateurs seeking an...
2
$525,000
FranchiseKilwins
Available in Illinois
Handcrafted Chocolates, Fudge & Ice Cream—Kilwins delivers joy in every bite since 1947.
$200,000
Buy or Sell a Restaurant and Food Business in Illinois
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 84 |
| Median Asking Price | $312,500 |
| Median Reported Revenue | $741,662 |
| Median Reported Seller's Discretionary Earnings | $137,271 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $173,750 | $312,500 | $600,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Restaurants and Food Businesses for sale in Illinois.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $506,452 | $87,351 |
| Median | $741,662 | $137,271 |
| Upper Quartile | $1,383,829 | $202,490 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller’s discretionary earnings of Restaurants and Food Businesses listed for sale in Illinois.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.33 | 1.78 |
| Median | 0.44 | 2.54 |
| Upper Quartile | 0.73 | 4.09 |
| 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 Restaurant and Food Business in Illinois?
The median asking price for an established Restaurant and Food Business in Illinois is $312,500, though prices range from under $173,750 to well over $600,000.
How much do Restaurants and Food Businesses owners in Illinois earn?
The median reported revenue of Restaurants and Food Businesses in Illinois is $741,662 and owners earn a median of $137,271, which includes the owners salary and any other financial benefits they receive.
How do I value a Restaurant and Food Business?
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 Restaurants and Food Businesses in Illinois, revenue multiples range from 0.33 to 0.73, with a median of 0.44. Earning multiples range from 1.78 to 4.09, with the median at 2.54. This means the typical Restaurant and Food Business in Illinois may ask for around 0.44 times its annual revenue, and 2.54 times its annual owner earnings.
More for Business Owners
Create an Owner AccountSell Your BusinessFind a Business BrokerLearn About Selling a BusinessMore for Business Buyers
Create a Buyer AccountLearn About Buying BusinessesGet BizBuySell Edge
