Food & Beverage Businesses for Sale in Chicago, IL

This distinctive supper club-style full-service restaurant generates over $1.4 million in annual revenue from a prime historic downtown location in an affluent western Chicago suburb, blending vintage charm with a creatively curated American menu featuring prime steaks, fresh seafood, and seasonal small plates. Weekly signature events including Thursday Rib Night, Friday Fish Fry, and Saturday Prime Rib drive predictable repeat traffic and strong customer loyalty. The intimate dining experience and local reputation for quality create a durable competitive position in a desirable suburban market.

This Illinois full-service restaurant and bar includes gaming machines, multiple dining areas, and banquet facilities, offering diversified revenue across dining, bar service, private events, and video gaming. Located on a primary regional corridor with a freestanding building on over three acres, the property and business together present a rare combination of real estate and operating income. The banquet and catering component adds incremental high-margin revenue to an already diversified model.

This elevated Mexican restaurant and bar in the Chicago metro generates consistent revenue from a loyal local following, benefiting from its proximity to multiple dense residential neighborhoods and a strong catering business serving corporate and event clients. Regular wait times reflect strong organic demand with no reliance on heavy marketing spend. The combination of dine-in, bar, and catering revenue streams diversifies cash flow for a new owner.

This Illinois specialty café concept offers premium bubble tea, specialty chai, handcrafted coffee beverages, and light food items, generating consistent year-over-year revenue growth driven by expanding brand awareness and operational efficiency. With approximately $176,000 in SDE and a proven menu that creates broad customer appeal across multiple dayparts, the business is well-positioned for continued organic growth. The scalable concept and streamlined operations provide a strong foundation for a buyer interested in a single-location platform with potential for multi-unit expansion.

A franchise restaurant in Illinois combining self-pour beverage technology with a full-service dining program, ranked in a national franchise publication's annual list. The flagship location features an experienced management team and operates in a high-traffic downtown suburban corridor that was previously impacted by a multi-year construction project, creating a compelling recovery and upside story for a new owner. Pre-construction revenue and earnings were materially higher, offering a clear path to restored performance.

This Chicago-area restaurant and bar generates substantial owner earnings from a high-traffic location near a college campus, benefiting from consistent foot traffic and a built-in recurring customer base. The food and beverage model combines dining and bar revenue, diversifying income across meal periods and late-night hours. At the asking price relative to cash flow, this opportunity suits a hospitality operator looking to acquire a proven, high-volume concept.

This self-serve frozen yogurt and dessert café in the Chicago metro area generates approximately $718,000 in annual sales with $265,000 in EBITDA, driven by a high-volume rotating flavor menu, premium toppings bar, and complementary beverage offerings including bubble tea and organic smoothies. The efficient operation model and loyal customer base have sustained strong performance since 2010. The business is well-positioned for an owner-operator seeking a proven, community-embedded food-and-beverage concept with above-average margins.

This neighborhood restaurant and bar in the Chicago metro area has operated for over a decade with a loyal following, award-recognized menu, and strong brand recognition within its community. Revenue is diversified across dine-in, outdoor patio, bar sales, and delivery, reducing reliance on any single channel and providing resilience across demand environments. Consistent net income over multiple years demonstrates a durable operating model rather than a single-year result.