Cook County, IL
$125,000
Service Businesses For Sale in Illinois
Market Info
Corinium Cleaners
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
Make Offer! Central Illinois Residential Contractor
Illinois
$250,000
Quick Sale Opportunity: Established Cemetery & Funeral Home
REAL ESTATE INCLUDED
Illinois
$195,000
Local Carpet & Upholstery Cleaner Ready for Next Owner
DuPage County, IL
$59,900
$243,100 Owner Income-landscaping service design build Landscape
Cook County, IL
$1,015,000
Kitchen & Bath Remodeler
Illinois
Not Disclosed
EBITDA: $332,000
FranchiseMiracle Method Surface Refinishing
Available Nationwide
$45,000
Industrial Building Maintenance
Mclean County, IL
$2,950,000
Expandable Owner Operator Business
Bridgeview, IL
$499,000
Background Check Business | SBA Pre-Qualified
$75,000
Chicago Heights, IL
Established Vending Machine Route Seller Financing with 50% down
Chicago, IL
$1,500,000
Experienced Plastering Contractor Serving Chicago & Indiana (37979)
Illinois
$675,000
Bethany MacLean
Cynergy Consulting Services, Inc.
Serving Cook County, IL
Trust in our brokerage expertise to navigate the complexities of selling a medical practice. We have successfully brokered the sale and transition of over 2000 medical practices, making us the go-to choice for providers seeking top-notch service. Did you know there are strategic steps you can take to significantly increase the value of your practice before listing it for sale? Most providers are unaware of these opportunities. At Cynergy Consulting, we know the secrets to enhancing your practice’s worth, ensuring you get the most from your sale. Our comprehensive Intermediary Services (practice brokerage and sale), as part of a physician’s exit strategy, allow doctors in solo or group practice to convert the hard-won equity in their practices into liquidity, which can then be diversified for purposes of retirement or investment. Most physicians choose to stay with their practice under a negotiated employment contract for a number of years after sale. All physicians over age fifty-five (55) should have an exit strategy to ensure that they can capture the full value of their medical practice before they begin to “wind down”. Our staff has facilitated the sale of hundreds of medical practices over the last forty years in all fifty (50) states.
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Upscale Direct Mail Franchise For Sale
Chicago, IL
$50,000
Lawn Greeting Yard Sign Business For Sale
West Chicago, IL
$29,999
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
FranchiseMr. Rooter
Available Nationwide
$100,000
High Income Evergreen Park - Lockport Mission Tortilla Route
Evergreen Park, IL
$165,000
Landscape & Parking Lot Maintenance Business in Southeast Illinois
Illinois
$2,599,000
Buy a 26 year/$27M+ book of business
$70,000
Glen Ellyn, IL
Profitable Home Improvement & Remodeling
REAL ESTATE INCLUDED
Cook County, IL
$1,100,000
Asset SaleCONTRACT PENDING! Rosie's Laundromat And Building, Riverdale
Riverdale, IL
$895,000
Asset SaleNOW under contract!
Chicago, IL
$625,000
Real EstateHigh-Earning Laundry Business + Building for Sale
Chicago, IL
$2,650,000
Real Estate7-Unit Turnkey Condo Portfolio
Oak Lawn, IL
$1,390,000
Real EstateCatering/Carry Out/Dine In ~ High Visibility Traffic Area
Chicago, IL
$190,000
Real EstateOffice Condo /Retail Condo
Chicago, IL
$239,000
FranchiseRestoration 1
Available Nationwide
$100,000
Real EstateModern Store / Office For Sale
Chicago, IL
$265,000
Start-upStartup or Partneship Opportunity
$5,000
Restaurant Exhaust Hood + Cooking Appliance Cleaning Opportunity
Buy or Sell a Service Business in Illinois
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 112 |
| Median Asking Price | $359,500 |
| Median Reported Revenue | $629,408 |
| Median Reported Seller's Discretionary Earnings | $143,177 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $175,000 | $359,500 | $750,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale in Illinois.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $347,429 | $83,371 |
| Median | $629,408 | $143,177 |
| Upper Quartile | $1,498,399 | $255,842 |
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.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.29 | 1.60 |
| Median | 0.76 | 2.72 |
| Upper Quartile | 1.07 | 3.78 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
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 $359,500, though prices range from under $175,000 to well over $750,000.
How much do Service Businesses owners in Illinois earn?
The median reported revenue of Service Businesses in Illinois is $629,408 and owners earn a median of $143,177, 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 0.29 to 1.07, with a median of 0.76. Earning multiples range from 1.60 to 3.78, with the median at 2.72. This means the typical Service Business in Illinois may ask for around 0.76 times its annual revenue, and 2.72 times its annual owner earnings.
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