Illinois
Not Disclosed
EBITDA: $1,800,000
Illinois
Not Disclosed
EBITDA: $1,800,000
Arlington Heights, IL
$5,900,000
Cook County, IL
$245,000
Chicago, IL
$3,000,000
Illinois
$1,500,000
Cook County, IL
Not Disclosed
Cash Flow: $334,225
REAL ESTATE INCLUDED
Round Lake, IL
$595,000
Chicago, IL
$170,000
Illinois
$580,000
REAL ESTATE INCLUDED
Springfield, IL
$550,000
Available in Illinois
$30,000
Peoria, IL
$120,000
East Peoria, IL
$135,000
$1,300,000
Highland, IL
Lee County, IL
$500,000
Sugar Grove, IL
$1,589,000
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.
Troy, IL
$35,000
Springfield, IL
$299,500
Chicago, IL
$7,200,000
Melrose Park, IL
$1,800,000
Tulsa, IL
$904,900
Available in Illinois
$90,000
Illinois
Not Disclosed
Cash Flow: $440,000
Chicago, IL
$175,000
$2,150,000
Springfield, IL
Willowbrook, IL
$135,000
Chicago Heights, 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
Available in Illinois
$50,000
Freeport, IL
$495,000
Chicago, IL
$1,500,000
$950,000
Lake County, IL
Cook County, IL
$550,000
Will County, IL
$1,300,000
Available Nationwide
$50,000
Plano, IL
$399,900
Illinois
$195,000
Chicago, IL
$695,000
Naperville, IL
$100,000
Aurora, IL
$250,100
Ray LeBlanc
Murphy Business Sales
Serving St. Clair County, IL
Murphy Business is one of North America's leading business brokerage firms, recognized for its success and expertise in the industry. With a network of offices conveniently located throughout the U.S. and Canada, we offer comprehensive services designed to meet the unique needs of clients in a wide range of industries. Whether you're looking to buy a business or sell one, our experienced business brokers provide personalized support at every stage of the transaction. We pride ourselves on delivering exceptional value through our in-depth market knowledge, strategic guidance, and commitment to achieving the best possible outcomes for our clients.
Rockford, IL
$235,000
McHenry County, IL
$340,000
$500,000
DuPage County, IL
Aurora, IL
$250,000
Mclean County, IL
$150,000
Available in Illinois
$60,000
Illinois
$670,000
Oakbrook Terrace, IL
$375,000
McHenry County, IL
$1,350,000
Illinois
$1,700,000
Illinois
Not Disclosed
EBITDA: $2,543,463
Illinois
$1,050,000
Bartlett, IL
$299,000
Chicago, IL
$375,000
Elmhurst, IL
$1,100,000
Available Nationwide
$150,000
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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