Illinois

Service Businesses For Sale in Illinois

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Market Info
Profitable Home Improvement & Remodeling

REAL ESTATE INCLUDED

Cook County, IL

This listing is for a well-established and highly profitable home improvement and remodeling contractor located in the western Chicago suburbs that is available to a qualified buyer. This business has...

$1,100,000

$1,100,000

Cash Flow: $407,539

REAL ESTATE INCLUDED

Asset SaleVending location with machine for sale in Aurora, IL

Aurora, IL

Location is a professional services company that has 40 employees Monday thru Wednesday and 20 Thursday thru Friday. The hours to serve is 8am to 5pm The estimated gross revenue for this location is...

$8,500

$8,500

Asset Sale
Asset SaleCONTRACT PENDING! Happy Hamper #2 & Building

Chicago, IL

Step into immediate cash flow with this turnkey laundromat asset opportunity in Chicago's thriving Northeast corridor. You'll gain control of a fully operational 2,800 sq. ft. facility that generates...

$1,175,000

$1,175,000

Asset Sale
Asset SaleServiceMaster Janitorial Franchise License for Sale

Romeoville, IL

Opportunity Overview- Large Service Territory for Sale! ServiceMaster Clean® janitorial franchise license available for sale in the Chicago South Suburbs and Northern Indiana. This sale is for the...

$29,999

$29,999

Asset Sale
Asset SaleNOW under contract!

Chicago, IL

WESTPORT Laundromat Busy, Busy, Busy Laundromat! Here is an opportunity to get into the exciting laundromat business with WESTPORT Laundromat. This laundromat is loaded with a variety of washers and...

$625,000

$625,000

Asset Sale
Real EstateShopping center for sale

Kane County, IL

Multi- Unit shopping center for sale generating $240,000 a year in rental income. Only 1 vacancy. Long term leases call for more information....

$2,395,000

$2,395,000

Real Estate
Real Estate7-Unit Turnkey Condo Portfolio

Oak Lawn, IL

7-Unit Turnkey Condo Portfolio — Chicago Ridge, IL 2BR/2BA and 1BR/1BA units • Separate Laundry Rooms • Garages • Balconies Package Price: $1,390,000 Executive Summary (Business Description) Offered...

$1,390,000

$1,390,000

Real Estate
Real EstateLaundromat Build-Out Opportunity – Prime Bronzeville Location

Chicago, IL

Laundromat build-out lease opportunity in the heart of Bronzeville—one of Chicago’s most densely populated rental markets. This ~4,400 sq. ft. retail space offers strong demographics, high visibility,...

Not Disclosed

Real Estate

Not Disclosed

Real EstateCatering/Carry Out/Dine In ~ High Visibility Traffic Area

Chicago, IL

In an area with consistent traffic and a corner lot with lots of parking, you are sure to make this business grow. This ongoing family catering business is ready to sell and looking for a new owner to...

$190,000

$190,000

Real Estate
Real EstateOffice Condo /Retail Condo

Chicago, IL

Acquire this excellent commercial property with a well-designed layout and included parking space....

$239,000

$239,000

Real Estate
Real EstateModern Store / Office For Sale

Chicago, IL

1,000 Sq. Ft. Same owner for 35+ years operates a professional office. A Great Deal!...

$265,000

$265,000

Real Estate
Start-upStartup or Partneship Opportunity

Partnership in Architectural and Civil Engineering We are a full-service provider Architectural, Engineering and Design + Build firm with our HQ based in San Jose, CA. We are seeking potential...

$5,000

$5,000

Start-up

Rare Opportunity: Prime Territory with the Nation’s Largest Franchise

Buy or Sell a Service Business in Illinois
Market Overview Listings for Sale (Median)
Number of Businesses Analyzed99
Asking Price$360,000
Reported Revenue$633,204
Reported Seller's Discretionary Earnings$150,000
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.

Asking Price

Lower QuartileMedianUpper Quartile
$184,000$360,000$674,500

Market Financial Highlights

The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale in Illinois.

BoundRevenueSeller’s Discretionary Earnings
Lower Quartile$363,620$87,378
Median$633,204$150,000
Upper Quartile$1,493,595$247,370

Valuation Multiples

The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Service Businesses listed for sale in Illinois.

BoundRevenue MultipleEarnings Multiple
Lower Quartile0.371.59
Median0.782.69
Upper Quartile1.053.87

FAQ's

How much does it cost to buy a Service Business in Illinois?

The median asking price for an established Service Business in Illinois is $360,000, though prices range from under $184,000 to well over $674,500.

How much do Service Businesses owners in Illinois earn?

The median reported revenue of Service Businesses in Illinois is $633,204 and owners earn a median of $150,000, which includes the owners salary and any other financial benefits they receive.

How do I value a Service Business?

Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Service Businesses in Illinois, revenue multiples range from 0.37 to 1.05, with a median of 0.78. Earning multiples range from 1.59 to 3.87, with the median at 2.69. This means the typical Service Business in Illinois may ask for around 0.78 times its annual revenue, and 2.69 times its annual owner earnings.

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