Bridgeview, IL
$160,000

Bridgeview, IL
$160,000

Will County, IL
$899,000

Elk Grove Village, IL
$92,000

Mchenry, IL
$130,000
Chicago, IL
$205,000
DuPage County, IL
$750,000
Illinois
Not Disclosed
EBITDA: $870,000
Chicago, IL
$695,000
Cook County, IL
$449,500
Lake County, IL
$200,000
Available in Illinois
$30,000
Chicago Heights, IL
$189,900
Cook County, IL
$280,000
$250,000
Cook County, IL
Chicago, IL
$199,900
Aurora, IL
$120,000
Tom Traina
EatZ & Associates
Serving Cook County, IL
EatZ & Associates is a National Business Brokering Firm specializing in the restaurant industry. With over 22 years of restaurant brokering and sales experience, EatZ & Associates works with both national, regional and local franchises, as well as established independent restaurants. We are one of the nation’s largest brokers of existing franchise and independent resales, representing many franchisors that have corporate units, franchisees, in addition to, individuals with multiple or single eating and drinking establishments. Our goal at EatZ & Associates is to offer unsurpassed guidance to both buyers and sellers looking for the right restaurant to buy or helping you sell your restaurant. Our staff with countless years of restaurant related experience in operations, brokering and sales, is passionate about helping you find the right restaurant to buy -or- finding the right buyer for your restaurant! Our team delivers with countless years of brokering and commercial real estate experience from working with landlords, franchisors, franchisees and independent owners across the country. We have sold well over 2,500 businesses! WHAT SETS US APART: - We Know Restaurants - Building, Buying, Financing, Leasing, Owning, Operating & Selling! - Countless Years of Experience in the Restaurant Industry - Countless Years of Experience in Restaurant Operations - 22+ Years of Experience Restaurant Brokering/Sales - Strong Relationships with Various Restaurant Lenders - National Database of Prospective Buyers - Over 50,000 Potential Buyers in Our Database - Over 2,500 Businesses Sold
Illinois
Not Disclosed
Cash Flow: $574,253
St. Charles, IL
$99,000
Cook County, IL
$950,000
Chicago Heights, IL
$170,000
Illinois
$200,000
Available in Illinois
$65,000
McHenry County, IL
$1,350,000
Cook County, IL
$550,000
$190,000
Cook County, IL
Peoria, IL
$95,000
Illinois
$1,600,000
Illinois
$580,000
REAL ESTATE INCLUDED
Illinois
$1,299,000
Chicago, IL
$750,000
Illinois
Not Disclosed
Cash Flow: $1,950,000
Evanston, IL
$125,000
Available Nationwide
$50,000
Cook County, IL
$400,000
Chicago, IL
$3,000,000
$750,000
DuPage County, IL
REAL ESTATE INCLUDED
Round Lake, IL
$595,000
Chicago, IL
$170,000
Available Nationwide
$35,000
Lake County, IL
$69,999
REAL ESTATE INCLUDED
Springfield, IL
$550,000
Peoria, IL
$69,000
East Peoria, IL
$127,000
Springfield, IL
$299,500
Mark Daoust
Quiet Light Brokerage, Inc.
Serving Lake County, IL
The value of Quiet Light is in its advisors.
Chicago, IL
$7,200,000
Cook County, IL
$299,000
$2,000,000
Naperville, IL
Melrose Park, IL
$1,300,000
Chicago, IL
$294,999
Available Nationwide
$75,000
REAL ESTATE INCLUDED
Cook County, IL
$1,000,000
Illinois
Not Disclosed
Cash Flow: $440,000
Chicago, IL
$175,000
Willowbrook, IL
$135,000
Chicago, IL
$274,900
Northbrook, IL
$369,000
Gorham, IL
$375,000
Will County, IL
$1,300,000
Naperville, IL
$100,000
Available Nationwide
$50,000
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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