Aurora, IL
$250,000

Aurora, IL
$250,000
Mclean County, IL
$150,000

Illinois
$670,000
Naperville, IL
$196,999
Illinois
$1,700,000
Illinois
Not Disclosed
EBITDA: $2,543,463
Bartlett, IL
$299,000
Elmhurst, IL
$1,100,000
Aurora, IL
$250,000
McHenry County, IL
$800,000
Available Nationwide
$50,000
Bolingbrook, IL
$185,000
Chicago, IL
$9,900,000
Elgin, IL
Winnebago County, IL
$800,000
Saint Charles, IL
$24,995
Brad Ruth
GLBA Business Advisors Brokered by eXp Commercial
Serving Cook County, IL
GLBA Business Advisors Brokered by eXp Commercial was founded in 2016 and has overseen businesses. We are experts at performing business valuations and assisting owners with understanding the value of their business. If you are considering exiting your business in the next five years, I would recommend you get a business valuation performed on your business. If your business is part of your retirement plan, how do your know if you have a enough savings to retire if you do not know the value of your company. If you do not know how your business is valued, then how do you know what changes you need to make to improve the value of your company? If you want to set up a time to discuss business valuation, please click on my Calendly link to set up time for brief discussion. https://calendly.com/bruth-27/brad-ruth
Illinois
Not Disclosed
EBITDA: $798,000
Cook County, IL
$125,000
Illinois
$249,000
Illinois
$285,000
Kane County, IL
$329,000
Available Nationwide
$50,000
Wheaton, IL
$49,000
Naperville, IL
$100,000
$1,450,000
Illinois
Illinois
$250,000
REAL ESTATE INCLUDED
Illinois
$195,000
DuPage County, IL
$59,900
Illinois
$1,800,000
Cook County, IL
$1,015,000
Illinois
Not Disclosed
EBITDA: $332,000
Mclean County, IL
$2,950,000
Available Nationwide
$60,000
Bridgeview, IL
$499,000
Chicago, IL
$1,500,000
$70,000
Glen Ellyn, IL
Illinois
$675,000
Chicago, IL
$50,000
Available in Illinois
$50,000
West Chicago, IL
$29,999
Elgin, IL
$380,000
Peoria, IL
$18,500
Springfield, IL
$29,000
Arlington Heights, IL
$145,000
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
Evergreen Park, IL
$165,000
Illinois
$2,599,000
$40,000
Chicago Heights, IL
Cook County, IL
$559,600
REAL ESTATE INCLUDED
Cook County, IL
$1,100,000
Available in Illinois
$35,000
DuPage County, IL
$15,000
Riverdale, IL
$895,000
Chicago, IL
$625,000
Chicago, IL
$2,650,000
Oak Lawn, IL
$1,390,000
Chicago, IL
$1,700,000
Cook County, IL
$1,000,000
Chicago, IL
$190,000
Chicago, IL
$239,000
Available in Illinois
$100,000
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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