Illinois

Restaurants and Food Businesses For Sale in Illinois

Showing 295 results sorted by
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Iconic DT Tinley Restaurant and Wedding Venue for sale.

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

$2,900,000

REAL ESTATE INCLUDED

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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

$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

$925,000

REAL ESTATE INCLUDED

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

$700,000

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

Not Disclosed

Real Estate
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

$599,000

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

$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

$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

$325,000

$325,000

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

$1,295,000

REAL ESTATE INCLUDED

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

$250,000

Cash Flow: $87,557

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

$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

$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

$3,980,000

REAL ESTATE INCLUDED

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

$1,200,000

Cash Flow: $264,523

REAL ESTATE INCLUDED

Premier Route Consulting

Premier Route Consulting

Serving Cook County, IL

Premier Route Consulting is a FedEx Ground route brokerage and advisory firm built by former Independent Service Providers (ISPs) with firsthand experience owning, operating, and selling P&D (Pickup & Delivery) and Linehaul CSP businesses. We combine deep operational knowledge of the FedEx Ground system with financial, valuation, and transaction advisory expertise to guide sellers through every stage of the route sale process. When it’s time to make one of the most important business decisions of your life, partner with a team that has truly been in your shoes.

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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

$199,000

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

$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

$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

$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

$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

$159,000

Turnkey Chicagoland Bread/Sandwich Shop Priced to Sell

Naperville, IL

A community staple since the early 1990s, this well-established bread/sandwich franchise shop known for its delicious, made from scratch baked goods and exceptional customer loyalty is ready for its...

$275,000

$275,000

Cash Flow: $115,823

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

$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

$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

Not Disclosed

Not Disclosed

Cash Flow: $200,000

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

$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

$295,000

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

$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

$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

$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

$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

$599,000

REAL ESTATE INCLUDED

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

$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

$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

$1,000,000

REAL ESTATE INCLUDED

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...

$140,000

$140,000

Long-Established Hot Dog, Beef, Gyros & Burger Joint w/Property-19Yrs!

REAL ESTATE INCLUDED

Chicago, IL

High-Volume Long-Established Hot Dog, Beef, Gyros & Burger Joint w/Property Chicago, IL - Over 19 Years! "In A Freestanding Building With Its Own Parking Lot At The Signalized Intersection Of Two...

$1,100,000

$1,100,000

Cash Flow: $137,271

REAL ESTATE INCLUDED

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

$99,000

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

$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

$675,000

Cash Flow: $165,000

BRUCE THOMPSON

First Choice Business Brokers

Serving Madison County, IL

Are you looking to buy or sell an existing business in the St Louis Metro area? Then you have come to the right place! Established in 1994, First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of over $7.5 billion in businesses for sale. Buyers and sellers alike can enjoy the accessibility and expertise of a national network of professional business brokers and the largest inventory of businesses available for sale. We have the experience, knowledge, and dedication you’re looking for when it comes to professional representation. Our knowledgeable professionals bring value to every transaction creating a near seamless transition of ownership between buyer and seller. Sellers - If your goal is to sell an existing business in the St Louis Missouri area then First Choice Business Brokers is the only choice for you. From guidance in preparing your business for sale, expert market valuation with proven methods to a smooth transition of ownership to a buyer we will be with you every step of the way. As experienced business brokers, we know you've worked hard to achieve success. That's why you deserve experienced, licensed professionals who specialize in business sales – you need First Choice Business Brokers. We are large enough to offer Buyers the greatest selection of available businesses for sale, yet small enough to give Sellers individual attention. Buyers - If you are looking to purchase an existing business, we will walk you through the entire buying process and be with you every step of the way. From searching for the perfect business to a smooth transition of ownership from the seller to you, we go the extra mile for our clients which has earned us the much deserved reputation of unsurpassed service and professionalism with a personal touch. And with the largest national list of exclusive businesses for sale, we are confident we can help you find the business you're looking for. All First Choice Business Brokers have completed extensive training through FCU (First Choice University) and attend on-going continuing education making our Business Broker Professional among the most highly trained experts in the field of business evaluation, business sales, business marketing and buy/sell negotiations to satisfy both buyers and sellers alike. This is just one reason why we're The World’s Authority in Business Sales. In summary, if you have a business you would like to sell or are ready to buy a business, we would be proud to be your “first choice” for buyer or seller representation in the St Louis Missouri area. Contact First Choice Business Brokers today to find out more to discuss your goals!

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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

$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

$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

$175,000

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

$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

$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

$999,950

Cash Flow: $186,395

REAL ESTATE INCLUDED

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

$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

$525,000

Modern Mexican Restaurant & Bar-In The Heart Of Its Historic Downtown!

Kane County, IL

An amazing opportunity to purchase a vibrant, fast-growing tacos & tequila concept set in the heart of a thriving historic downtown of a far northwest suburb. Embraced by the community, this Mexican...

6

$195,000

$195,000

Newly Built Restaurant for Sale

Decatur, IL

This is a fully operational, revenue-generating Fish & Chicken restaurant located on a busy main street near the local YMCA and HSHS hospital, which brings a steady flow of over 7,000 people daily to...

4

$99,000

$99,000

Buy or Sell a Restaurant and Food Business in Illinois
Market OverviewListed for Sale
Number of Businesses Analyzed85
Median Asking Price$300,000
Median Reported Revenue$730,542
Median Reported Seller's Discretionary Earnings$134,197
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.

Asking Price

Lower QuartileMedianUpper Quartile
$175,000$300,000$630,000

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.

BoundRevenueSeller’s Discretionary Earnings
Lower Quartile$490,838$86,210
Median$730,542$134,197
Upper Quartile$1,376,680$202,077

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.

BoundRevenue MultipleEarnings Multiple
Lower Quartile0.331.80
Median0.452.57
Upper Quartile0.744.14
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 $300,000, though prices range from under $175,000 to well over $630,000.

How much do Restaurants and Food Businesses owners in Illinois earn?

The median reported revenue of Restaurants and Food Businesses in Illinois is $730,542 and owners earn a median of $134,197, 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 0.74, with a median of 0.45. Earning multiples range from 1.80 to 4.14, with the median at 2.57. This means the typical Restaurant and Food Business in Illinois may ask for around 0.45 times its annual revenue, and 2.57 times its annual owner earnings.

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