Chicago Heights, IL
$189,900
Chicago Heights, IL
$189,900

Cook County, IL
$280,000
Aurora, IL
$120,000

Illinois
Not Disclosed
Cash Flow: $574,253
St. Charles, IL
$99,000
Cook County, IL
$950,000
Chicago Heights, IL
$170,000
Schaumburg, IL
$150,000
Gurnee, IL
$400,000
Illinois
$200,000
Available Nationwide
$60,000
McHenry County, IL
$1,350,000
Freeport, IL
$495,000
$1,450,000
Illinois
Cook County, IL
$550,000
Peoria, IL
$95,000
Marissa Lopresti
Transworld Business Advisors
Serving Cook County, IL
Illinois
$1,600,000
Illinois
$580,000
REAL ESTATE INCLUDED
Illinois
$1,299,000
Chicago, IL
$750,000
Kane County, IL
$2,995,000
Available in Illinois
$75,000
Illinois
Not Disclosed
Cash Flow: $1,950,000
Arlington Heights, IL
$5,900,000
Elgin, IL
Evanston, IL
$125,000
Cook County, IL
$400,000
Chicago, IL
$3,000,000
Illinois
$1,500,000
REAL ESTATE INCLUDED
Round Lake, IL
$595,000
Chicago, IL
$170,000
Lake County, IL
$69,999
Available in Illinois
$100,000
REAL ESTATE INCLUDED
Springfield, IL
$550,000
Peoria, IL
$112,000
$100,000
Lake County, IL
East Peoria, IL
$127,000
Lee County, IL
$500,000
Available Nationwide
$100,000
Sugar Grove, IL
$1,589,000
Springfield, IL
$299,500
Chicago, IL
$7,200,000
Melrose Park, IL
$1,300,000
Chicago, IL
$294,999
Dale Johnston
Ascend Business Services
Serving Cook County, IL
Ascend Business Services is a boutique consultancy firm concentrating in assisting small to mid-size companies in a variety of unique areas, including managing through financial distress, improving internal cash management and selling businesses. Through decades of experience, the professionals at Ascend achieves, for their clients, superior results in very specialized situations. Most Lawyers, Bankers, and even CPA's have extreme knowledge and expertise, however, this expertise is different than most small business require when struggling, needing working capital, or when selling their business. While we have general knowledge of all things business, we try to stick to what we know best: Turning around businesses Finding working capital for businesses Selling or acquiring businesses
REAL ESTATE INCLUDED
Cook County, IL
$1,000,000
Illinois
Not Disclosed
Cash Flow: $440,000
$75,000
Chicago Heights, IL
Chicago, IL
$175,000
Willowbrook, IL
$135,000
Available in Illinois
$75,000
Chicago, IL
$274,900
Chicago, IL
$460,000
Cook County, IL
$310,000
Orland Park, IL
$450,000
Northbrook, IL
$369,000
Gorham, IL
$400,000
Chicago, IL
$900,000
Will County, IL
$1,300,000
Illinois
$195,000
Available in Illinois
$75,000
For those in the market to buy or sell a service business in Illinois, it’s crucial to gain an understanding of how the market values these businesses, and what average financial performance looks like. To that end, we have aggregated listings data to surface current valuation multiples and typical financials of Illinois service businesses.
Market Overview
|
Number of Businesses Analyzed |
119 |
|
Median Asking Price |
$462,125 |
|
Median Reported Revenue |
$600,000 |
|
Median Reported Earnings |
$200,106 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Illinois Service Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.46 |
1.99 |
|
Median |
0.80 |
2.69 |
|
Upper Quartile |
1.18 |
3.64 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Service Business Valuation Multiples & Financial Benchmarks
FAQs
How much does it cost to buy a service business in Illinois?
Prices vary depending on sales volume and financial performance, but the median asking price for a service business in Illinois is approximately $462,125.
How much do service business owners earn?
These businesses vary in sales volume, but Illinois service business owners report median annual sales of $600,000 and annual owner earnings of $200,106. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a service business?
Valuing a service business involves considering several factors, including annual revenue, profit, owner earnings, growth (or decline) trends, and historical stability. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples of service businesses in Illinois range from 0.46 to 1.18, with the median at 0.80. Earnings multiples range from 1.99 to 3.64, with the median at 2.69. These values indicate that a typical service business in Illinois may sell for around 0.80 times its annual revenue, and 2.69 times its annual owner’s earnings.
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