Illinois

Restaurants and Food Businesses For Sale in Illinois

Showing 298 results sorted by
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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

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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

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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

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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

Established 30 Year Chicagoland Brand

Naperville, IL

Established 30-year Chicagoland gifting franchise specializing in food and related products, operating continuously since 1993 in Naperville, IL. This well-established franchise presents a compelling...

$750,000

$750,000

Cash Flow: $165,000

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

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...

$600,000

$600,000

Cash Flow: $225,000

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

$650,000

Bakery Known for Custom Cakes/Cookies – Owner Operator - SDE ~$85K

Madison County, IL

This well-established, turnkey bakery has been a beloved staple in its community for over 14 years, known for its exceptional quality, diverse menu, and impeccable reputation. Operating from a highly...

$335,000

$335,000

Cash Flow: $85,000

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

$579,000

Cash Flow: $150,240

Turnkey Kung Fu Tea Business for Sale – Only $70,000

$70,000 - East Peoria, IL

$70,000

East Peoria, IL

Beautiful Fine Dining Restaurant

Alton, IL

BEAUTIFUL FINE DINING RESTAURANT, MAINLY ITALIAN ND RECENTLY ADDED FEW OTHER CUSINE DISHES...

$200,000

$200,000

Cash Flow: $80,000

Fast Casual Restaurant Franchise + Real Estate Investment

REAL ESTATE INCLUDED

Quincy, IL

Own a proven brand with strong cash flow and prime real estate. * 2024 Sales: $1.6M * SDE: $273K — profitable, turnkey operation * Real Estate: Included with drive-thru | 7% cap rate * Established...

2

$2,025,000

$2,025,000

Cash Flow: $273,584

REAL ESTATE INCLUDED

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.

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Steakhouse With Old World Charm and Real Estate

Illinois

Steakhouse that has been in the same location for 75 years! Owners are ready to retire. Recently updated the bar area with a new floor. Large walk-in refrigerator is in place to allow you to stock up...

$50,000

$50,000

Cash Flow: $29,500

Established Aurora Bar/Grill

Aurora, IL

Profitable Bar & Grill with Video Gaming - Business Only - Turnkey Opportunity! This is your chance to own a well-established bar and grill with steady food, beverage, and high-margin video gaming...

2

$425,000

$425,000

EBITDA: $233,904

Successful Mexican Grill & Bar With Multiple Income Streams

Schaumburg, IL

Ready to step beyond the fried ice cream and fedoras? This Mexican restaurant and bar takes authentic Latin American food to the next level! Instead of the usual cozy Mexican restaurant, this...

$549,900

$549,900

Cash Flow: $132,156

Profitable Coffee, Wine and gift store

Dundee, IL

Imagine yourself owning a charming coffee shop right in the heart of the town square - a place where community truly comes together. You'll love how this established business combines the best of...

$104,000

$104,000

Cash Flow: $50,000

Authentic British Tea Business - North Chicagoland

Illinois

Established in 2003, this profitable Business offers an authentic multi-course British high tea experience, with freshly brewed tea served in antique teacups alongside finger sandwiches, scones, and...

Not Disclosed

Not Disclosed

Cash Flow: $143,392

Boba, Bubble Tea & Dessert Café – Fully Equipped and Prime Location

Cook County, IL

For sale: A fully operational and stylish boba tea and dessert café located in one of Chicago’s most vibrant and high-traffic neighborhoods. This newly profitable customer-loved shop specializes in a...

$60,000

$60,000

EBITDA: $65,000

Quick-Serve Bakery Café in Bustling Metro East Location

Madison County, IL

This turnkey quick-serve bakery café specializes in a unique, high-demand product with broad market appeal. Located in a thriving commercial corridor near a major university, the business benefits...

2

$250,000

$250,000

Iconic DT Tinley Restaurant and Wedding Venue for sale.

$2,900,000 - Cook County, IL

$2,900,000

Cook County, IL

George Gianares

Timio Consulting

Long-Established Bar & Grill with Gaming & Rental Income Potential – R

REAL ESTATE INCLUDED

Illinois

Well-established bar and grill in a growing Illinois town, operating for over 42 years. Features include six gaming machines generating $169K annually/Location Share $50K annually, pool tables, and a...

$385,000

$385,000

Cash Flow: $60,000

REAL ESTATE INCLUDED

Long Standing Profitable Meat Market and Specialty Food Shop

Cook County, IL

This long-standing, family-owned business has been operating successfully for 50 years, spanning three generations of ownership. It has grown significantly over the decades, offering an expanded range...

$400,000

$400,000

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

Not Disclosed

Cash Flow: $373,898

Little Caesars For Sale in IL | Elev8 Remodel

DeKalb County, IL

Per Franchisor regulations, Buyer needs to contact agent and complete non-disclosure agreement and personal financial statement prior to receiving sales and cash flow information. Little Caesars is...

$425,000

$425,000

Asset SaleGreat opportunity fast food

Glen Ellyn, IL

ASSET SALE - Fully Equipped Fast Food Restaurant Exceptional opportunity to acquire a complete fast food restaurant setup in Glen Ellyn's prime downtown location. This asset sale includes all...

$150,000

Asset Sale

$150,000

Asset SaleTurnkey Bar & Grill - Real Estate Included

Rock Island County, IL

Rare opportunity to acquire a fully equipped bar and grill with real estate included in Reynolds, Illinois. This turnkey asset sale features the former Dooder's Bar & Grill, a beloved community...

6

$199,000

Asset Sale

$199,000

Asset SaleTurnkey Upscale

Normal, IL

An exceptional opportunity to acquire a turnkey, upscale Mediterranean-inspired restaurant in the heart of Central Illinois. Jack's Restaurant combines a refined menu, elegant ambiance, and strong...

6

$150,000

Asset Sale

$150,000

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 Sale

$65,000

Asset SaleAurelio's Pizza Franchise Turnkey Turnaround Operation

Villa Park, IL

AURELIO'S PIZZA FRANCHISE ASSET SALE - VILLA PARK, IL Exceptional opportunity to acquire a well-established Aurelio's Pizza franchise in Villa Park, DuPage County. This turnkey asset package becomes...

5

$150,000

Asset Sale

$150,000

Profitable Upscale Tavern – McHenry County / Northwest Suburbs Absente

$400,000 - McHenry County, IL

$400,000

McHenry County, IL

Real EstateSuccessful Restaurant Business With Prime Real Estate For Sale

Lake County, IL

This opportunity to purchase a successful restaurant business along with its prime real estate is truly exceptional. Here's a breakdown of what makes it a great investment: *** Established Brand...

2

$3,000,000

Real Estate

$3,000,000

Real EstateFreestanding Restaurant Sought-After NW Suburb - Property For Sale!

Cook County, IL

Fully-Equipped Freestanding Restaurant Sought-After Northwest Suburb - Property For Sale! "Out-lot Of A Busy Plaza - At A Signalized Intersection - On A Major Thoroughfare/A Dense Commercial Corridor...

$950,000

Real Estate

$950,000

Real EstateReady-to-Run Bar – Fully Equipped | Utilities Included | Only $4,500/M

Rock Falls, IL

Rare opportunity to lease a fully equipped, turnkey bar space in downtown Rock Falls, Illinois. This 1,500 sq ft space is ideal for first-time bar owners, entrepreneurs, or experienced operators...

3

Not Disclosed

Real Estate

Not Disclosed

Real EstateBar/Cafe Available For Lease in Downtown Mount Prospect

Mount Prospect, IL

Prime retail opportunity in the heart of Downtown Mount Prospect! This 2,196 square foot second-generation bar/cafe space at 133 W. Prospect Avenue offers an exceptional opportunity for hospitality...

Not Disclosed

Real Estate

Not Disclosed

Start-upChino-Mex Franchise

We are more than just a Chinese and Mexican restaurant, we have a brand already built in the community that impacts customers’ lives with our award winning tacos and unique combination of food. We...

6

$30,000

Start-up

$30,000

Start-upMuther Shuckers Roasted Cowboy Corn Food Stand Opportunity

Muther Shuckers Cowboy Corn is a Dallas, Texas base operation. We are looking for owner operators to work with our team in selling roasted corn all over America starting in March 2025. Our model is...

6

$5,000

Start-up

$5,000

Start-upFull Service Indian Restaurant,Arlington Heights,IL – Golden Location!

FULL SERVICE INDIAN RESTAURANT - ARLINGTON HEIGHTS, IL Prime Shopping Mall Location with Exceptional Growth Potential At Curry NaanStop, we take pride in serving delicious and authentic Indian...

6

Not Disclosed

Start-up

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 >

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Start-upHigh-Potential Franchise Brand: Dogs & Cream

Build the Next Regional QSR Brand — With the Founders Dogs & Cream is opening select franchise partnerships for experienced owner-operators who want more than a single store — owner-operators who want...

2

$40,000

Start-up

$40,000

Long-Established Restaurant & Bar w/Gaming & Banquet Rms-Property Incl

REAL ESTATE INCLUDED

McHenry County, IL

High-Volume Long-Established Restaurant & Bar w/Gaming & Banquet Rooms Far Northwest Suburb of Chicago - With Property! "8,000 SqFt Freestanding Building On 3.22 Acres On A Primary Regional Corridor"...

$1,400,000

$1,400,000

REAL ESTATE INCLUDED

Rare Investment Opportunity: Longstanding Neighborhood Bar & Rental

$925,000 - Elmwood Park, IL

$925,000

Elmwood Park, IL

Premium Cookie Franchise – Cook County, Northwest Suburbs

Cook County, IL

This brand-new Crave Cookies franchise presents a rare opportunity to acquire a fully built-out location in one of the nation’s fastest-growing gourmet dessert brands before it officially opens....

$334,000

$334,000

Cash Flow: $150,000

Very-High Volume Longstanding Gyros/Beef/Burgers/Hot Dog Joint-31 Yrs!

Cook County, IL

Very-High Volume Longstanding Gyros/Beef/Burgers/Hot Dog Joint Sought-After Northwest Suburb of Chicago - 31 Years! "Area Gem - Staple In The Community - Beloved Institution" An outstanding...

$375,000

$375,000

Longstanding Highly-Rated Italian Restaurant w/Property - 28 Years!

REAL ESTATE INCLUDED

Cook County, IL

Longstanding Highly-Rated Italian Restaurant w/Property Northwest Suburb of Chicago - 28 Years! "Freestanding Building With A Large Patio At A Major Intersection With High Traffic Counts" Serving...

$1,100,000

$1,100,000

REAL ESTATE INCLUDED

Longstanding Highly-Rated Italian Restaurant Northwest Suburb-28 Yrs!

Cook County, IL

Longstanding Highly-Rated Italian Restaurant Northwest Suburb of Chicago - 28 Years! "Freestanding building With Large Patio At A Major Intersection With High Traffic Counts" Serving delicious...

$99,000

$99,000

Thriving Juice & Wellness Cafe

Cook County, IL

This well-established health-focused café has operated successfully for over a decade in a desirable suburban market. The business offers specialized & unique menu, including juices and wholesome...

$275,000

$275,000

High Revenue Restaurant

Bloomingdale, IL

MUST sign NDA Turnkey restaurant and bar opportunity located in the heart of Bloomingdale, IL, featuring a long-standing reputation, strong local following, and consistent year-over-year performance....

$650,000

$650,000

Network of 2 Smoothie King Franchises in Southern Illinois

Illinois

A Network of 2 Smoothie King Franchises is for sale in the Southern Illinois market. The stores are a 15-minute drive from each other and can be managed by an owner operator very easily. The current...

$750,000

$750,000

Cash Flow: $192,000

Established & profitable turn key business on the banks of the Wabash.

Hutsonville, IL

Established Turn-Key Restaurant Opportunity in Historic Hutsonville, Illinois The Wabash Coffee House presents an exceptional opportunity to acquire a profitable, established restaurant operating...

$155,000

$155,000

Popular Community Bar & Grill w/Gaming Peru, IL - Turnkey!

Peru, IL

Popular Community Bar & Grill w/Gaming Peru, IL - Turnkey! "At A High Visibility Corner Of A Primary Commercial Corridor & Major Commercial Route In The Heart Of Peru" A rare opportunity to acquire a...

$79,000

$79,000

Fast Growing Cookie Franchise - DuPage County

DuPage County, IL

This newly opened Crave Cookies franchise presents an exceptional opportunity to acquire a turnkey location within one of the nation’s fastest-growing gourmet dessert brands. Opened in 2025, the shop...

$325,000

$325,000

Cash Flow: $139,049

Turnkey restaurant established over 40 years

Downers Grove, IL

Established American restaurant with over 40 years of proven success in prime Downers Grove location. This turnkey casual fast food operation generates $750,000 in annual revenue and has built a loyal...

$405,000

$405,000

Buy or Sell a Restaurant and Food Business in Illinois
Market OverviewListed for Sale
Number of Businesses Analyzed83
Median Asking Price$325,000
Median Reported Revenue$743,970
Median Reported Seller's Discretionary Earnings$137,329
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.

Asking Price

Lower QuartileMedianUpper Quartile
$168,750$325,000$615,000

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$495,602$85,345
Median$743,970$137,329
Upper Quartile$1,362,383$198,000

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 Quartile0.331.83
Median0.452.59
Upper Quartile0.754.25
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 $325,000, though prices range from under $168,750 to well over $615,000.

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

The median reported revenue of Restaurants and Food Businesses in Illinois is $743,970 and owners earn a median of $137,329, 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 0.75, with a median of 0.45. Earning multiples range from 1.83 to 4.25, with the median at 2.59. This means the typical Restaurant and Food Business in Illinois may ask for around 0.45 times its annual revenue, and 2.59 times its annual owner earnings.

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