Illinois

Restaurants and Food Businesses For Sale in Illinois

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Turnkey Restaurant & Prime Chicago Property w/Mixed-Use Add

REAL ESTATE INCLUDED

Chicago, IL

Rare opportunity to acquire a fully operational restaurant along with the building at 4201 W Lawrence in the Albany Park neighborhood of Chicago. This 2,700 SF building sits on a 5,670 SF lot with...

$675,000

$675,000

Cash Flow: $240,000

REAL ESTATE INCLUDED

Franchise Smoothie Shop One Owner Away From Break Even

Orland Park, IL

This is a quick-serve juice and smoothie shop operating under a well-known national brand in the healthy grab-and-go space. The store offers smoothies, fresh juices, acai bowls, avocado toast,...

$99,000

$99,000

Cash Flow: $14,237

Turnkey restuarant with new equipment

Skokie, IL

Turnkey restuarant with new equipment...

$120,000

$120,000

Multi-Location BBQ Restaurant Group with RE & Gaming Revenue

REAL ESTATE INCLUDED

Cook County, IL

This offering represents a rare opportunity to acquire a well-established, multi-location barbecue restaurant group operating in the greater Chicagoland area. The business is known for its consistent...

$7,000,000

$7,000,000

Cash Flow: $1,211,965

REAL ESTATE INCLUDED

Well Known Local Restaurant and Bar with Building

REAL ESTATE INCLUDED

West Dundee, IL

Turnkey restaurant and bar with real estate in the heart of historic downtown West Dundee, IL, directly across from the popular RocHaus concert venue. Known for its welcoming atmosphere, scratch-made...

$1,300,000

$1,300,000

REAL ESTATE INCLUDED

Gaming Lounge & Bar with Slot Machines

Elmwood Park, IL

Well established gaming lounge on hard corner. Lots of potential with over 2500 sq ft. Currently a bar with some food. Up and running since 2017. Owner needs to move on. Take advantage of this unique...

$199,000

$199,000

Cash Flow: $150,000

Restaurant & Catering Business for Sale- Established Client Base

Cook County, IL

Near West Chicago Suburbs - Longstanding fast food restaurant & profitable catering business. $1,000,000 plus in annual revenue. Full service catering business serving greater Chicagoland area....

$550,000

$550,000

Established Breakfast Lunch Restaurant, unique opportunity.

Kane County, IL

Well known area breakfast and lunch restaurant with overflow weekend crowds and consistent daily diners. Reputation for high quality, great value menu selections and impeccable service. Beautiful...

$149,999

$149,999

Long-Established Papa Saverio’s Lake In The Hills, IL - On Randall Rd!

Lake In The Hills, IL

Long-Established Papa Saverio’s Lake In The Hills, IL - On Randall Rd! "A Staple In The Community For Over 27 Years" A recognized brand with broad menu appeal. Offering amazing thin, pan, stuffed,...

$99,000

$99,000

2nd generation restaurant with Bsnquet

Warrenville, IL

Busy mall with lot of retail and motels...

$300,000

$300,000

Cash Flow: $1,500,000

Greek, Mediterranean Restaurant with Real Estate in Affluent Suburb

REAL ESTATE INCLUDED

Illinois

Picture yourself owning this thriving Greek and Mediterranean restaurant that's been delighting customers in one of Illinois' most affluent Western suburbs for years. You're looking at a solid...

$1,799,000

$1,799,000

Cash Flow: $100,000

REAL ESTATE INCLUDED

Popular Longstanding Pizzeria w/Gaming Affluent Western Suburb-23 Yrs!

Kendall County, IL

Well known for its classic thin, double-dough, pan and stuffed pizzas plus a deep Italian menu. Features a broad, family-friendly menu built around “old world” Italian recipes – including specialty...

$150,000

$150,000

Event-Ready Restaurant w/ Catering & Banquet Growth Potential

Flora, IL

This versatile commercial property features a fully equipped kitchen, a spacious main dining area, and two private banquet rooms, making it ideal for an expanded event, catering, or...

$600,000

$600,000

Well-Loved BBQ Spot Ready for Growth- Real Estate Included!

Marion County, IL

This well-established southern-style BBQ restaurant offers a loyal customer base, strong weekend traffic, and high-margin smoked meats and comfort-food favorites. Its menu of brisket, ribs, pulled...

$325,000

$325,000

Entertainment-Focused Bar with Patio and Private Event Areas

St. Clair County, IL

This vibrant full-service bar and restaurant features a broad-appeal menu and a lively late-night operation, open seven days a week from late morning through the early morning hours. Located in a busy...

$475,000

$475,000

Calder Capital - Mergers & Acquisitions

Calder Capital, LLC

Serving Lake County, IL

Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.

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Turnkey Profitable Cafe

Cook County, IL

A cozy neighborhood destination serving handcrafted coffee, refreshing specialty drinks, and a selection of house-made desserts....

$75,000

$75,000

Cash Flow: $70,620

Chicagoland Craft Brewery with Distribution and $5,000,000 revenue!

Illinois

This is a rare chance to acquire an established craft brewery with many of the attributes buyers seek but seldom find. Despite industry headwinds, this operation has held sales steady—an impressive...

$3,800,000

$3,800,000

Restaurant and Game Room Business-only in Peoria, Illinois!

Peoria, IL

Total Net Sales are $350,000 per year! Restaurant generates $266,000 per year at 65% margin! Game machine commission from the Game Room is $84,000 per year! Game Room just started recently and is...

$149,000

$149,000

Cash Flow: $120,000

Where History Meets Hearth:Cozy Wood-Fired Pizza Restaurant Awaits

REAL ESTATE INCLUDED

Illinois

Nestled within a beautifully preserved historic building at the heart of a vibrant community, this restaurant is a true showpiece of craftsmanship and design. Every detail has been thoughtfully...

$1,500,000

$1,500,000

REAL ESTATE INCLUDED

Freestanding Restaurant - Sought-After N Suburb's Strongest Corridors!

Cook County, IL

Fully-Equipped Freestanding Restaurant Sought-After Northwest Suburb of Chicago - Strongest Commercial Corridors! "An Established Restaurant Corridor In One Of Chicagoland’s Most Desirable Suburban...

$55,000

$55,000

Established Bagel Café & Deli – Prime Lakeview Location

Chicago, IL

Its prime proximity to Wrigley Field brings a powerful boost in visibility and traffic, especially on game days when thousands of fans fill the neighborhood, increasing foot traffic and driving higher...

$550,000

$550,000

Cash Flow: $225,000

Chinese Restaurant in Crystal Lake

Crystal Lake, IL

"Exceptional Opportunity to Own a Thriving Chinese Restaurant in the Heart of Crystal Lake, IL!" Owners are Ready to Retire !!! Established for over 20 years, this well-loved Chinese restaurant is a...

$88,000

$88,000

PRICE REDUCED - Established Sandwich Franchise - $67k SDE

Edwardsville, IL

HIGHLY MOTIVATED SELLER. SBA pre-qualified. Have you considered owning a successful sandwich franchise with tremendous growth potential? This is your opportunity to join one of the hottest, most...

$149,000

$149,000

Cash Flow: $32,047

One-Of-A-Kind Restaurant Affluent Western Suburb - Sales Over $1.4M!

Kane County, IL

High-Volume Well-Established One-Of-A-Kind Restaurant Affluent Western Suburb of Chicago - Sales Over $1.4 Million! "In The Heart Of Its Historic Downtown Shopping & Dining District Walking Distance...

$250,000

$250,000

Cash Flow: $97,453

Longstanding Pizza Restaurant For Sale

Chicago, IL

well established business area. medical district and UIC college campus...

$299,000

$299,000

Restaurant, Bar & Lodging Opportunity w/New Price! #1024

Monroe City, IL

New Price & Seller Motivated! This opportunity benefits from a dual revenue stream - dining and lodging - with consistent clientele from local guests and seasonal visitors. Known for its welcoming...

$39,000

$39,000

Tazewell County Bar with Property - Great Gaming

Tazewell County, IL

REDUCED. This Tazewell County bar has had many updates over the years. This is a long term owner. It is very cute and you will love it. There is very little competition. There is plenty of parking for...

$199,900

$199,900

Turnkey Dual-Restaurant Investment in High-Traffic Southern Illinois

Washington County, IL

This is a rare opportunity to own a well-established, family-owned restaurant that has proudly served Southern Illinois for over 40 years. This restaurant offers a strong foundation with an excellent...

$550,000

$550,000

Cash Flow: $236,000

Fast-Food Restaurant, Bar, 6 Video Gaming Machines

Berkeley, IL

Established Fast-Food Restaurant & Bar with Gaming in Berkeley, IL This profitable multi-revenue stream business has been operating successfully since 2011, offering an exceptional opportunity for an...

$65,000

$65,000

Cash Flow: $120,000

Iconic Mott’s Lounge in Burlington finally for sale!

REAL ESTATE INCLUDED

Hampshire, IL

YOUR CHANCE TO OWN A PIECE OF HISTORY! ICONIC MOTT'S LOUNGE IN DOWNTOWN BURLINGTON HAS BEEN OPEN FOR 101 YEARS! FIVE GENERATIONS LATER, THEY ARE FINALLY READY TO RETIRE! SALE INCLUDES: BAR BUILDING,...

$1,000,000

$1,000,000

REAL ESTATE INCLUDED

LOW RENT, SUB#1 FRANCHISE,CHICAGO, COOK COUNTY, 100% ABSENTEE OWNER

Cook County, IL

SALES YEAR 2024: $5,734/WK SALES YEAR 2023: $6,241/WK SALES YEAR 2022: $6,392/WK SALES YEAR 2021: $6,171/WK GROSS RENT: $2,172/MONTH 100% ABSENTEE OWNER ASKING PRICE: $60,000 GREAT VISIBILITY, AWESOME...

$60,000

$60,000

Premier Multi-Revenue Restaurant & Event Venue with Real Estate

REAL ESTATE INCLUDED

DuPage County, IL

Confidential sale of a proven full-service restaurant and event venue located in Chicago’s western suburbs. The business generates balanced and consistent cash flow through a diversified revenue model...

$3,150,000

$3,150,000

Cash Flow: $343,010

REAL ESTATE INCLUDED

Established Multi-Unit Franchise Stores Available #1025

Springfield, IL

This is a rare opportunity to acquire well-established franchise locations as part of a reputable multi-unit portfolio in Central Illinois. Strategically located in high-traffic areas, these locations...

$250,000

$250,000

Cash Flow: $213,429

Authentic Indian Restaurant - Established - Prime Spot - $162K SDE

Springfield, IL

Long-established, well-known Indian restaurant located in Springfield Illinois. Known for its authentic cuisine, inviting atmosphere, and loyal customer base, this restaurant has become a destination...

$349,000

$349,000

EBITDA: $162,000

Gaming cafe for sale

Winnebago County, IL

Gaming cafe doing 11000 income per month . Call for information...

$350,000

$350,000

Authentic Chinese Restaurant for Sale – Prime Location!

Kane County, IL

This beautifully maintained Chinese restaurant has been proudly serving the community for over 35 years and is now looking for a new owner to continue its legacy. Located in an absolutely prime area,...

$250,000

$250,000

Cash Flow: $128,170

Chicago Illinois Wedding Caterer for Sale – Same Owner 25 Years

Chicago, IL

Chicago Illinois Caterer for Sale w/Freestanding Commissary – Same Owner 25 Years – $3.2M Sales – Profitable – SBA Friendly – Clean Books & Tax Returns Same Owner 25 Years. 2023 Gross Sales $3,236,000...

$695,000

$695,000

Cash Flow: $200,013

Mexican restaurant/ bar for sale

East Peoria, IL

Established Mexican Restaurant and Bar for Sale in East Peoria, IL This authentic Mexican restaurant and bar presents an excellent opportunity for entrepreneurs seeking a turnkey food service business...

$450,000

$450,000

EBITDA: $150,000

Profitable Franchise For Sale.. Moving must sell

Cook County, IL

Franchise Restaurant – Melrose Park, IL – Drive-Thru Location Franchise for sale in Melrose Park, IL. The store is fully equipped, staffed, and generating annual sales trending over $800,000 with...

$399,000

$399,000

EBITDA: $170,000

Profitable Turnkey Pizza & Sports Bar – Consistent Cash Flow, Absentee

Cook County, IL

$630,000 (Business Only) Seller Financing: Available for qualified buyers Real Estate: Not included Location Northwest Chicago Suburbs Consistent $900K+ annual revenue with strong margins and loyal...

$630,000

$630,000

Cash Flow: $243,000

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Profitable High Revenue Chinese Restaurant

Cook County, IL

An established Chinese restaurant known for its authentic cuisine, inviting atmosphere, and loyal customer base. This well-regarded dining destination has been serving the community for years,...

$1,200,000

$1,200,000

Cash Flow: $293,188

Fast-Casual Restaurant Thriving Far Northwest Suburb - Turnkey!

McHenry County, IL

Fast-Casual Restaurant Thriving Far Northwest Suburb of Chicago - Turnkey! "In A Busy 123,660 SqFt Neighborhood Shopping Center On A Major E-W Commercial Corridor In The Heart Of Its Main Retail Trade...

$20,000

$20,000

Neighborhood Bar & Grill w/Gaming Southwest Suburbs of Chicago

Cook County, IL

Business $600,000 & Real Estate (Mixed use apx 5,000 sq ft building) $600,000 for sale. The 2nd floor apartment is updated with 4 bedrooms and 1.5 baths which couild generate a potential $2,200 in...

$1,200,000

$1,200,000

Legendary Chicago Nightclub & Bar w/Real Estate

REAL ESTATE INCLUDED

Chicago, IL

~ Here's what makes this opportunity exciting: Owner open to discussing "Owner Financing" for qualified buyers with strong financials and approximately 30/40% down payment (Terms to be negotiated) ~...

$1,400,000

$1,400,000

REAL ESTATE INCLUDED

High-Volume Well-Established Sushi Restaurant South Elgin, IL-17 Yrs!

South Elgin, IL

High-Volume Well-Established Sushi Restaurant South Elgin, IL - Over 17 Years! "Strategically Located Along Randall Rd, A Major N-S Artery With Over 47,000 VPD" A popular sushi restaurant known for...

$119,000

$119,000

Cash Flow: $53,537

$80K for Cafe With Gaming For Sale In Will County, IL

Will County, IL

SALES YEAR. 2024: $257,900 GROSS RENT: $2500/MONTH GAMING ROOM REMODELED(MAY 2025) WITH NEW GAMING MACHINES!! ABSENTEE OWNER ASKING PRICE: $80,000 NET PROFIT FROM GAMING: $33,900/BASED ON 2024 SALES...

$80,000

$80,000

Longstanding Large Restaurant & Banquet Hall SW Suburb - 41 Years!

REAL ESTATE INCLUDED

Cook County, IL

Longstanding Large Restaurant & Banquet Hall Southwest Suburb of Chicago, IL - 41 Years! "And Semi-Private Gaming Area With Small Bar & Gaming Revenue Of $75,192" An incredible opportunity to own your...

$1,900,000

$1,900,000

REAL ESTATE INCLUDED

2 Bread Routes - Southwestern Illinois

Illinois

Perfect for an owner-operator, this bread route offers consistent income and the chance to grow a reliable business! › Active Accounts: 66 › Ratio 7:1 › Weekly Revenue: $27,137 › Slice into a thriving...

$200,000

$200,000

Full-Service Restaurant w/ Real Estate - Kane County, IL

REAL ESTATE INCLUDED

Kane County, IL

Located in the heart of Kane County, IL, this well-established, full-service restaurant has been a community staple for over 25 years. Known for its welcoming atmosphere, classic American menu, and...

$1,450,000

$1,450,000

REAL ESTATE INCLUDED

Profitable Japanese Restaurant in Cary – High Traffic, Great Location!

Cary, IL

Once-in-a-lifetime opportunity to own a well-established Japanese Sushi Restaurant in booming city Cary, IL! This turn-key operation offers authentic Japanese Sushi, specialties prepared with the...

$188,800

$188,800

Cash Flow: $150,000

Buy or Sell a Restaurant and Food Business in Illinois
Market OverviewListed for Sale
Number of Businesses Analyzed79
Median Asking Price$335,000
Median Reported Revenue$724,949
Median Reported Seller's Discretionary Earnings$134,714
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.

Asking Price

Lower QuartileMedianUpper Quartile
$163,250$335,000$737,500

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$724,949$134,714
Upper Quartile$1,390,977$199,248

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 Quartile0.341.94
Median0.462.66
Upper Quartile0.804.54
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 $335,000, though prices range from under $163,250 to well over $737,500.

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

The median reported revenue of Restaurants and Food Businesses in Illinois is $724,949 and owners earn a median of $134,714, 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 0.34 to 0.80, with a median of 0.46. Earning multiples range from 1.94 to 4.54, with the median at 2.66. This means the typical Restaurant and Food Business in Illinois may ask for around 0.46 times its annual revenue, and 2.66 times its annual owner earnings.

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