Will County, IL
$1,300,000
Service Businesses For Sale in Illinois
Market Info
Renovated Car Wash With $800,000 Invested For Sale
Established Sign Business – Skip the Franchise Startup
Illinois
$195,000
Established Sign & Printing Business For Sale
Naperville, IL
$100,000
Established Painting Franchise For Sale
Aurora, IL
$250,100
Local Jersey City Hood Cleaning Bus.
Jersey City, IL
$234,999
Transform Homes, One Wall at a Time!
Aurora, IL
$250,000
Established Carpet & Upholstery Cleaning Business McLean County, IL
Mclean County, IL
$150,000
Illinois Funeral Home for Sale
Illinois
$670,000
Property Management Co. - Naperville Real Estate
Naperville, IL
$196,999
Medical Billing Company turn around opportunity
Illinois
$1,700,000
FranchiseHeating + Air Paramedics
Available Nationwide
$50,000
Proprietary controls and electronics manufacturing services
Illinois
Not Disclosed
EBITDA: $2,543,463
40+ yr Profitable Cleaning Business 70% Commercial
Bartlett, IL
$299,000
Background Check Business | SBA Pre-Qualified
$75,000
Chicago Heights, IL
Excellent & Consistent Profits: Property Damage & Restoration -Chicago
Chicago, IL
$375,000
Wedding Production Company
Elmhurst, IL
$1,100,000
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.
Contact me
Transform Homes, One Wall at a Time!
Aurora, IL
$250,000
Highly Profitable Landscape Business
McHenry County, IL
$800,000
Executive Profitable Auto Repair Shop/Franchise
Bolingbrook, IL
$185,000
Luxury Corporate Housing
Chicago, IL
$9,900,000
Illinois Asphalt Contractor And Pavement Provider For Sale
Winnebago County, IL
$800,000
FranchiseBlingle!
Available in Illinois
$60,000
Yard Sign Rental Service Business For Sale
Saint Charles, IL
$24,995
Landscaping Service Provider
Illinois
Not Disclosed
EBITDA: $798,000
Buy a 26 year/$27M+ book of business
$70,000
Glen Ellyn, IL
Corinium Cleaners
Cook County, IL
$125,000
Shutdown Laundromat Property in Wood River, IL!
REAL ESTATE INCLUDED
Wood River, IL
$199,000
Turn Key Niche Specialty Business in Central Illinois
Illinois
$249,000
Peer Advisory Business with Strong Recurring Revenue
Illinois
$285,000
$145,934 Profit, established Dry Cleaners
Kane County, IL
$329,000
CONTRACT PENDING! M&T’S Laundry
Wheaton, IL
$49,000
Established Visual Communications Business in Naperville area!
Naperville, IL
$100,000
FranchiseBenjamin Franklin Plumbing
Available in Illinois
$150,000
Central Illinois Residential Contractor
Illinois
$250,000
Quick Sale Opportunity: Established Cemetery & Funeral Home
REAL ESTATE INCLUDED
Illinois
$195,000
HR Services Business (Background Checks) | Recession Resistant Industr
$40,000
Chicago Heights, IL
National Property Management Company In Joliet
Joliet, IL
$205,000
Local Carpet & Upholstery Cleaner Ready for Next Owner
DuPage County, IL
$59,900
FranchiseHomeSmiles
Available in Illinois
$60,000
Chicago's Award-Winning TV, Streaming & Post-Production House
Illinois
$1,800,000
Extremely Profitable Franchise Promotional Premium Company
Illinois
$650,000
$243,100 Owner Income-landscaping service design build Landscape
Cook County, IL
$1,015,000
Industrial & Janitorial Retailer with Strong Supplier Relation (17963)
REAL ESTATE INCLUDED
Frankfort, IL
Not Disclosed
Cash Flow: $170,895
$123,598 profit ABSENT owned; seller motivated-moved>Florida beaches
Decatur, IL
$625,000
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.
Contact me
Kitchen & Bath Remodeler
Illinois
Not Disclosed
EBITDA: $332,000
Industrial Building Maintenance
Mclean County, IL
$2,950,000
Mobile Carwash. Dealerships, Parking lots & Parking Garage Revenue.
Expandable Owner Operator Business
Bridgeview, IL
$499,000
Established Vending Machine Route Seller Financing with 50% down
Chicago, IL
$1,500,000
FranchiseKEYRENTER PROPERTY MANAGEMENT
Available in Illinois
$100,000
Experienced Plastering Contractor Serving Chicago & Indiana (37979)
Illinois
$675,000
Premier Restoration Solutions Company, Contents & Packout!
Chicago, IL
$295,000
Upscale Direct Mail Franchise For Sale
Chicago, IL
$50,000
Lawn Greeting Yard Sign Business For Sale
West Chicago, IL
$29,999
$89,000 Income landscape, construction & snow plowing
Elgin, IL
$380,000
Peoria, IL Children's Service Business $18,500
Peoria, IL
$18,500
Springfield, IL Educational Service Business for Sale $29,000
Springfield, IL
$29,000
Turn Key children's party rentals business for sale
Arlington Heights, IL
$145,000
High Income Evergreen Park - Lockport Mission Tortilla Route
Evergreen Park, IL
$165,000
FranchisePainter Bros
Available in Illinois
$75,000
Buy or Sell a Service Business in Illinois
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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