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 in Illinois
$97,500
Bolingbrook, IL
$185,000
Chicago, IL
$9,900,000
Elgin, IL
Winnebago County, IL
$800,000
Saint Charles, IL
$24,995
Jim Beno
Business Broker Experts Inc.
Serving DuPage County, IL
Business Broker, M&A Specialist Connect with me using: jimbeno@businessbrokerexpertsinc.com Registered Professional Business Broker with CBI (Certified Business Intermediary) who has successfully helped business owners prepare exit strategies, find qualified buyers and sell their company for top dollar. Whether the owner is thinking of selling in a year or five years, steps should be implemented to increase the company value and minimize the taxes paid on the proceeds of the sale. I help business owners confidentially sell their company for maximum value. I offer full service brokering that handles all the tasks of selling a business, with no upfront fees. Below is a partial list of activities I perform for our full service broker customers: • Give a range on where to price your business • Assess the “Sell-ability” of your business • Generate a comp report for similar businesses that sold • Prepare a Confidential Marketing Booklet for potential buyers • Work with our Nationwide bank contacts to get your business pre-qualified for SBA lending • Create a blind ad to confidentially attract buyers • Pre-screen prospective buyers...NDA filled out and a phone or in person interview • Work with our network of business brokers • Prepare and advise you for Buyer meetings and conference calls • Facilitate buyer seller meetings / conference calls • Address buyer questions • Guide the buyer in submitting a Letter of Intent • Facilitate negotiations and deal structure • Monitor and manage due diligence (50% of deals fail here) • Set up a data room so all due diligence documents are exchanged in a secured environment • Refer and work with business attorneys and CPA's • Work with lenders to secure financing for your buyer (paperwork expedition, references, etc) • Work with government agencies as required • Bring both parties to closing (physically and emotionally) If you would like to learn how I can help you confidentially sell your business, call me at (630) 890-5072 or email me at jimbeno@businessbrokerexpertsinc.com.
Illinois
Not Disclosed
EBITDA: $798,000
Cook County, IL
$125,000
Illinois
$249,000
Illinois
$285,000
Kane County, IL
$329,000
Available in Illinois
$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 in Illinois
$50,000
Bridgeview, IL
$499,000
Chicago, IL
$1,500,000
$70,000
Glen Ellyn, IL
Illinois
$675,000
Chicago, IL
$50,000
Available in Illinois
$65,000
West Chicago, IL
$29,999
Elgin, IL
$380,000
Peoria, IL
$18,500
Springfield, IL
$29,000
Arlington Heights, IL
$145,000
Brian Sauvageau
First Choice Business Brokers Chicago West
Serving DuPage County, IL
I'm here to help you achieve your goals by getting the proper valuation of your business and getting you the right qualified buyers.
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 Nationwide
$100,000
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 Nationwide
$65,000
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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