Illinois

Restaurants and Food Businesses For Sale in Illinois

Showing 298 results sorted by
Rockford Area Fast Food - Ice Cream

Winnebago County, IL

This FAST FOOD restaurant is open limited hours. It is located in a great area with limited competition. The rent is cheap. Yearly sales about $250,000. The seller will train. This is a very special...

$150,000

$150,000

Beloved Longstanding Pizza Restaurant & Bar w/Gaming - With Property!

REAL ESTATE INCLUDED

DuPage County, IL

Beloved Longstanding Pizza Restaurant & Bar w/Gaming Southwest Suburb of Chicago - With Property! "Striking Freestanding Building With Excellent Curb Appeal, Great Signage, High Visibility, Easy...

$1,750,000

$1,750,000

Cash Flow: $244,086

REAL ESTATE INCLUDED

Bar, Banquet Hall , Restaurant & Video Gaming

Country Club Hills, IL

5 INCOME STREAMS,SEATS OVER 100...

$130,000

$130,000

Cash Flow: $87,790

Popular Longstanding Pizza Place Affluent Northwest Suburb - 36 Years!

Lake County, IL

Popular Longstanding Pizza Place Affluent Northwest Suburb of Chicago - 36 Years! "Busy Neighborhood Strip Center Along With Many Other Popular Tenants On A Major Thoroughfare/Retail Corridor Near...

$89,000

$89,000

American Diner in EXCELLENT LOCATION, Harwood Heights on Harlem Ave!~

Harwood Heights, IL

You'll discover an exceptional American diner opportunity that's been thoughtfully designed for success. Picture yourself welcoming guests into this beautifully renovated 7,200 square foot restaurant...

$400,000

$400,000

Hot Food!! Over $2M Sales

Peoria, IL

This is a ONE OF A KIND food business!!!! It has been around over 30 years. It is located near Peoria, Illinois. 2024 sales were over $2,000,000 and 2025 is on target to break $2,000,000. There are...

$465,000

$465,000

High Volume Bar with Property

Joliet, IL

HOT DEAL ! This high volume bar is located in the surrounding Joliet area. Is has been around for years and has a huge following. There is a full kitchen. You will love the long term staff that is...

$1,200,000

$1,200,000

Urban-Focused Breakfast Chain Available

Cook County, IL

This breakfast chain thrives in Urban Markets and is known for its innovative approach to morning and midday meals, offering a variety of creative breakfasts, specialty juices, and its own...

Not Disclosed

Not Disclosed

EBITDA: $4,200,000

Beloved Longstanding Breakfast & Lunch Restaurant w/Gaming - 35 Years!

Cook County, IL

Beloved Longstanding Breakfast & Lunch Restaurant w/Gaming South Suburb of Chicago, IL - 35 Years! "2024 Gaming Revenue (Locations Take) $161,596" A classic long-running breakfast and lunch diner...

$250,000

$250,000

Cash Flow: $74,265

Sub#1 Franchise For Sale In Nw Suburbs

Cook County, IL

SALES YTD 2025: $8576/WK UP 18% SALES YEAR 2024: $7,406/WK SALES YEAR 2023: $7,886/WK UP 11% SALES YEAR 2022: $7,204/WK UP 18% RENT: $5,200/MONTH ASKING PRICE : $150,000 GREAT LOCATION , GREAT...

$150,000

$150,000

Established & Beloved Turnkey Restaurant in Prime Location

Chicago, IL

Don't Miss this great opportunity to own your American Fast Food Restaurant !!!!! A legacy of flavor and profit awaits you. This is a rare, turn-key opportunity to acquire a well-established fast-food...

$119,800

$119,800

Cash Flow: $90,000

Certified Pre Owned Restaurant for Sale! $160,000 Earnings!

Jefferson County, IL

Take advantage of this fantastic Certified Pre Owned Restaurant for Sale, perfect for an owner operator looking to take over a well established turn key Restaurant. Priced to sell at just 375000, this...

$375,000

$375,000

Cash Flow: $160,295

Established Restaurant Business FS: Culinary Icon-Loyal Customer Base

Kendall County, IL

Picture yourself running a beloved sushi restaurant that's become a true neighborhood favorite. After years of dedicated service, the current owner is ready to retire and pass this culinary gem to...

$100,000

$100,000

Established Food Franchise in High Traffic Tourist and Biz District

Chicago, IL

This is currently an owner-operator situation, with both owners working very part-time for part of Monday through Friday, resulting in a 5 partial-day work week. The hours open are just 4.5 hours a...

$159,000

$159,000

Cash Flow: $58,873

Sports Bar with Real Estate – Sales over $2.4 Million a Year!

REAL ESTATE INCLUDED

Madison County, IL

Sales are UP on this Highly Profitable Illinois Sports Bar Turnkey Large Dining Room Banquet Room Well-Equipped Kitchen Large Patio with Outside Games Video Gaming With all employees in place and...

$1,575,000

$1,575,000

REAL ESTATE INCLUDED

Ori Eldarov

OffDeal

Serving Cook County, IL

OffDeal offers small business owners a hassle-free way to sell their company for the highest price to the best possible buyer. We leverage years of Wall Street experience and our custom-built proprietary technology to ensure you realize the full value for your life's work. Unlike traditional advisors, we don't just list your business on public marketplaces and wish for the best - we build a tailored list of hundreds of potential buyers for your business that have relevant industry and operating experience and engage in proactive outreach - maximizing the number of offers your business receives - and ultimately the sale price. We typically work with businesses in the $1-50 million range, but can sometimes flex outside of that range on a deal by deal basis.

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Profitable Restaurant for Sale! Near Scott AFB! $140K Profit!

Scott Afb, IL

Own this Restaurant for Sale that boasts strong annual sales of $675,000, delivering owner earnings of approximately $140,000 per year!! Its comfortable and inviting setting appeals equally to Scott...

$350,000

$350,000

Cash Flow: $138,063

Cheesesteak Fast Food- business for sale - SW suburbs

Cook County, IL

Business for sale.? Located in South-West suburbs of Chicago.? Established and well operating business for sale.? Gross Annual sales (2024/25) : $540,000 Net Annual sales (2024/25): $530,000 Net...

$175,000

$175,000

Hyde Park Restaurant For Sale

Chicago, IL

This 2,996 SF, fully built-out restaurant offers a rare turnkey opportunity in a high-demand area. The space features a large, professionally equipped commercial kitchen, walk-in coolers, and a...

$75,000

$75,000

Restaurant & Bar - Limited Hours - Gaming

Peoria, IL

This beautiful restaurant is a casual dining experience. It is about 2500 sq. ft. and the rent is cheap. There are gaming machines already there. With limited hours this place generates over $400,000...

$180,000

$180,000

An amazing fast-food opportunity for sale with property & video gaming

REAL ESTATE INCLUDED

Northlake, IL

An amazing fast-food opportunity for sale with property. Listing is confidential and NDA is required. This long established, well known, profitable, and respected business can become yours provided...

$1,125,000

$1,125,000

REAL ESTATE INCLUDED

Italian Fine Dining/Chicago Northwest Suburbs

Cook County, IL

Italian fine dining-homemade style-Chicago Northwest Suburbs. Full line of Italian cuisine established for over 10 years; owner retiring. Where the Taste is Real Homemade Italian. Turn-key Italian...

$229,500

$229,500

Historic Bar For Sale - Gaming Room, NO Food Headaches. Includes R/E

REAL ESTATE INCLUDED

Springfield, IL

Own a piece of Springfield history with this 3,400 sq ft turnkey bar located in a high-visibility area. Recently updated with numerous modern improvements, this well-maintained property is ready for...

$595,000

$595,000

REAL ESTATE INCLUDED

Very Popular Established Pub w/Gaming Elgin, IL - Sales Over $724,000!

Elgin, IL

Very Popular Established Pub w/Gaming Elgin, IL - Sales Over $724,000! "2024 Gaming Revenue (Owners Take) $129,011" A popular upscale gastropub featuring amazing scratch-made comfort food including...

$125,000

$125,000

Cash Flow: $45,912

Beloved Pizzeria/Popular Gaming Bar Belvidere, IL - Freestanding Bldg!

Belvidere, IL

Beloved Pizzeria & Popular Gaming Bar Belvidere, IL - Freestanding Building w/Drive-Thru! "Benefits From 4 Different Revenue Streams: Pizzeria, Gaming, Bar & Packaged Liquor Sales" A beloved pizzeria...

$167,500

$167,500

Cash Flow: $84,134

Profitable Fast Food Franchise for Sale in the Quad Cities!

Milan, IL

This Fast Food Franchise for Sale delivers strong returns in a thriving Midwest market. Located in the Quad Cities, the business generates $739,000 in annual sales and a large owner benefit, all...

$295,000

$295,000

Cash Flow: $91,728

Fully functioning Banquet Hall. Recently updated. With Parking fo 31+

Chicago, IL

Banquet Hall for up to 260 people with parking for 31+ cars Pristine condition recently remodeled. New Bathrooms Parking for 31+ cars with ample street parking Close to 94 and O'Hare Great NW Side...

$1,850,000

$1,850,000

Reservations Required w/RE available

Edwardsville, IL

This turn-key restaurant with deep community roots was recently renovated and is serving up mouth water pastries, handcrafted sandwiches and flavor packed dinner options. The Sellers have once again...

$245,000

$245,000

Cash Flow: $137,386

The Mossy Stone Irish Pub

Edwardsville, IL

For Sale: The Mossy Stone Irish Pub – Edwardsville, IL Discover a rare opportunity to own a turnkey Irish pub in the heart of Edwardsville. The Mossy Stone has quickly become a local favorite for its...

$225,000

$225,000

Multple Banquet Halls Under One Roof

REAL ESTATE INCLUDED

South Suburban, IL

Huge Opportunity, 4 Separate Elegant Diners & Other Income Centers...

$9,999,000

$9,999,000

Cash Flow: $1,345,670

REAL ESTATE INCLUDED

Well-Known Tavern Opportunity with PPA License

Chicago, IL

An exciting opportunity to acquire a well-established and highly recognizable tavern concept in one of Chicago’s most vibrant and desirable neighborhoods. This fully licensed operation includes both a...

$295,000

$295,000

Turn-Key Restaurant Opportunity in Prime Corner Location

Chicago, IL

Exceptional opportunity to acquire a fully built-out, turnkey restaurant in a highly visible corner location within a vibrant Chicago neighborhood. This well-positioned space offers outstanding street...

$195,000

$195,000

Popular Franchise in Yorktown Shopping Center

Lombard, IL

Prime Location in Yorktown Shopping Center Located at the heart of the food court and adjacent to the elevators with the highest foot traffic, this franchise restaurant space offers a rare business...

$94,900

$94,900

Thriving Korean Restaurant in the Heart of Northbrook IL

Northbrook, IL

Thriving Korean Restaurant in the Heart of Northbrook's Dining District. An excellent opportunity to own a well-established and efficiently operated Korean restaurant located in one of Northbrook's...

$150,000

$150,000

Restaurant & 4 Multifamily Units For Sale

Lakeview, IL

SVN Chicago Commercial is pleased to present an exceptional value-add investment opportunity at 1625 W Irving Park Rd, Chicago — a premium mixed-use property located in the heart of Lakeview, one of...

$2,900,000

$2,900,000

Rare opportunity to run a Vietnamese restaurant-price cut

Schaumburg, IL

The restaurant has been there more than 12 years, locates in the center of Chicago, near the Algonquin Commons Mall, which was one of the most popular mall and just bought by Red Mountain Group who...

$150,000

$150,000

Cash Flow: $150,000

Polish Deli, IL - PRICE REDUCED

Illinois

A well established Polish Deli in IL, serving the community for an impressive 20+ years. With an increasing custumer base, this ethnic deli is well positioned for success,or to complement an exsisting...

$539,000

$539,000

Cash Flow: $201,664

Juice Life: Ride the Wave of Wellness. Start Your Own Empire!

La Salle County, IL

Are you looking for a hip place that serves delicious food and cold-pressed juices? This establishment has a strong local presence and a loyal following. Every menu item is crafted with high-quality...

$105,000

$105,000

Hawg Pit BBQ

Grafton, IL

This restaurant, located on the main highway and the River, in beautiful Grafton, IL provides a unique experience for all patrons. Customers are flocking to this restaurant for its delicious and...

$450,000

$450,000

Cash Flow: $78,507

Billiards, Bar, and Restaurant

Decatur, IL

When you pull into the parking lot, it doesn't look like much. But when you walk in, it feels comfortable. You notice the brightly lit pool tables, the friendly bar, and smell the fish frying on a...

$55,000

$55,000

2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago

Chicago, IL

SALES 2024: $18,195/WK/UP 9% SALES 2023: $16,686/WK SALES 2022: $15,924/WK RENT: $9,000/MONTH FRESH FORWARD DECOR ++++++++++++++++++++++ SALES 2024: $12,334/WK/UP 2% SALES 2023: $12,146/WK UP 7% SALES...

$650,000

$650,000

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2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago

Chicago, IL

SALES 2024: $11,052/WK/UP 11% SALES 2023: $9,987/WK/UP 35% SALES 2022: $7,659/WK/UP 59% RENT: $5,800/MONTH FRESH FORWARD DECOR ++++++++++++++++++++ SALES 2024: $7,623/WK/UP 2% SALES 2023: $7,508/WK UP...

$474,000

$474,000

Sub#1 Franchise For Sale In Downtown Chicago Cook County

Chicago, IL

SALES YEAR 2024: $10,539/WK/UP 27% SALES YEAR 2023: $8,317/WK/UP 13% SALES YEAR 2022: $7,520/WK/UP 26% SALES YEAR 2021: $6,276/WK/UP 68% GROSS RENT: $4,496/MONTH ABSENTEE OWNER STORE WILL BE REMODELED...

$299,000

$299,000

Sub#1 Franchise For Sale In Chicago Cook County

Chicago, IL

SALES YEAR 2024: $6,716/WK SALES YEAR 2023: $7,641/WK/UP 6% SALES YEAR 2022: $7,332/WK/UP 20% GROSS RENT: $4,000/MONTH ABSENTEE OWNER CLOSE TO THE NEW UPCOMING CASINO. THIS STORE HAS NOTHING BUT...

$75,000

$75,000

2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago, Co

Chicago, IL

SALES 2024: $6,765/WK SALES 2023: $7,459/WK UP 38% SALES 2022: $5,410/WK UP 49% RENT: $4,882/MONTH TUSCON 2 DECOR +++++++++++++++++++++ SALES 2024: $7,997/WK/UP 4% SALES 2023: $7,683/WK UP 26% SALES...

$275,000

$275,000

7 High Volume Sub#1 Franchises , Chicago ?For Sale As A Package

Chicago, IL

1 CHICAGO, COOK COUNTY 2024 $12,334/WK. $10,000 (RENT) ASKING PRICE: $125,000 2023 $12,146/WK. TUSCON DÉCOR 2022 $11,709/WK. 2 CHICAGO, COOK COUNTY 2024 $6,765/WK. $4,882(RENT) ASKING PRICE: $75,000...

$1,474,000

$1,474,000

Sarpino's Pizza For Sale In Chicago, Cook County

Chicago, IL

SALES YEAR 2024: $670,871 GROSS RENT: $4,200/MONTH ABSENTEE OWNER ASKING PRICE: $195,000 MONEY MAKER!!...

$195,000

$195,000

Pizza parlor for sale- SW suburbs

Will County, IL

Principles only please! Pizza Parlor for sale. Established business for sale. Dine-in & take-out restaurant in good suburban location. Annual sales of $1,000,000/ year. Asking price $350,000 +...

$350,000

$350,000

Established Bar - $8,400 Gaming - Cheap Rent

Joliet, IL

HOT DEAL. This well established bar is about 3800 sq. ft. It has been around for about 40 years. Very easy to operate since there is no food. It seats around 140 people. The large space allows you to...

$195,000

$195,000

Iconic Historical Restaurant & Brewpub in Central IL

REAL ESTATE INCLUDED

Peoria County, IL

Discover an extraordinary opportunity to own a piece of history and a turnkey business! This iconic restaurant and brewpub boasts $2.1 million in annual sales, with over $3 million invested in...

$2,800,000

$2,800,000

REAL ESTATE INCLUDED

High-Volume Bar & Restaurant Franchise Chicago, IL - Sales Over $5.2M!

Chicago, IL

High-Volume Well-Established Bar & Restaurant Franchise Chicago, IL - Sales $5,277,215 & Growing! "Double-Digit Sales Growth The Last 4 Years!!!!" A truly unique social gathering place. A neighborhood...

$3,999,000

$3,999,000

Cash Flow: $1,530,448

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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