Food & Beverage Businesses for Sale in Illinois

Browse 120 food & beverage businesses currently for sale in Illinois with an average asking price of $792K. Restaurants, cafes, and food service

Active Listings
120
Median Asking Price
$420K
Median SDE
$134K
Median Multiple
2.7x SDE
Avg Asking Price
$792K
Average SDE
$189K
Listed in Last 30 Days
45
Added This Week
7

Median figures are computed over the 66 listings currently browsable on this page. Averages and counts cover all 120 active listings tracked in the last 90 days.

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Food & Beverage Businesses for Sale in Illinois

Showing 1–24 of 68

2w ago

Bar And Grill for Sale in St. Louis, IL

St. Louis, IL
$600KFood & Beverage
Cash Flow:$100K
Multiple:6.0x
Why Buy

This Illinois bar and grill combines food and beverage sales with entertainment and gaming, supported by an established local customer base. Real estate is included, adding a property component to the operating business.

Sticky CustomersRetirement SaleRegulatory Risk
2w ago

Restaurant And Bar for Sale in Illinois

IL
$1.3MFood & Beverage
Why Buy

This hospitality business combines restaurant and bar operations with gaming and rental income associated with the property. Multiple revenue sources may appeal to a buyer seeking a business with both operating and real estate components.

Regulatory Risk
2w ago

High-volume Profitable Cookie Shop for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$249KFood & Beverage
Why Buy

This dessert retail business is described as a high-volume operation with strong sales and reported cash flow. Its established franchise model may appeal to a buyer seeking an operating food retail business in the Chicago metropolitan region.

3w ago

Established Profitable Italian Restaurant for Sale in Illinois

IL
$750KFood & Beverage
Cash Flow:$267K
Multiple:2.8x
Why Buy

The restaurant combines dine-in service with catering and bar offerings, supported by an established regional reputation and experienced management. Its operating history and multiple service channels offer a buyer a developed platform in the greater Chicago area.

Manager in PlaceSticky CustomersRegulatory Risk
3w ago

Restaurant And Catering for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$675KFood & Beverage
Cash Flow:$180K
Multiple:3.8x
Why Buy

This food-service business brings together a restaurant, mobile food service, and catering to serve a broad range of dining and event needs. Its multiple sales channels and reported cash flow may offer a buyer several avenues for maintaining and developing the business.

Recurring RevenueSticky CustomersGrowth Trajectory
3w ago

Profitable Restaurant for Sale in Illinois

IL
$350KFood & Beverage
Cash Flow:$110K
Multiple:3.2x
Why Buy

This restaurant opportunity includes drive-through service and reported cash flow. The existing service format may appeal to a buyer seeking a food-service operation with convenient customer access.

Sep 13

Fast Casual Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$300KFood & Beverage
Why Buy

The restaurant combines a drive-through with indoor dining and established kitchen preparation processes. Its long operating history and existing service infrastructure may appeal to a buyer seeking an established food-service business in the Chicago metropolitan area.

Sticky CustomersRetirement Sale
Sep 11

Profitable Multiple Revenue Restaurant for Sale in Peoria, IL

Peoria, IL
$149KFood & Beverage
Why Buy

The business combines restaurant sales with income from a game room, providing more than one source of revenue. Reported cash flow and growing game-room activity may appeal to a buyer seeking an operating hospitality business with additional income potential.

Sep 1

Established Turnkey Family Restaurant for Sale in Illinois

IL
$550KFood & Beverage
Cash Flow:$236K
Multiple:2.3x
Why Buy

This family restaurant opportunity offers a clean, fully equipped operation with a long-standing local customer base in Southern Illinois. Stable performance and potential additions such as delivery, expanded hours, and other permitted services provide multiple avenues for growth.

Sticky Customers
Sep 1

Profitable Turnkey Pizza Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$630KFood & Beverage
Cash Flow:$243K
Multiple:2.6x
Why Buy

This established pizza restaurant combines dine-in, bar, and sports-viewing revenue with consistent sales and strong cash flow in the Chicago metropolitan area. Absentee-friendly operations, experienced management, reliable staff, modern equipment, and an established franchise-supported model offer a buyer a ready-to-run platform.

Absentee OwnerManager in PlaceSticky Customers
Aug 31

Food Retail Business for Sale in Illinois

IL
$230KFood & Beverage
Why Buy

This established food-related business operates from a relatively spacious, accessible location with favorable occupancy costs and limited weekly operating hours. Reported sales and cash flow indicate an opportunity for a buyer to acquire a profitable platform with potential to expand hours, offerings, or customer reach in Illinois.

Aug 27

Bar Entertainment Venue for Sale in Illinois

IL
$750KFood & Beverage
Cash Flow:$283K
Multiple:2.7x
Why Buy

This bar and gaming entertainment operation serves local social demand through a hospitality and recreation model. Its established customer appeal and reported cash flow provide a foundation for an owner seeking an operating venue.

Regulatory Risk
Aug 26

Profitable Turnkey Restaurant And Bar for Sale in Illinois

IL
$645KFood & Beverage
Why Buy

This Illinois restaurant and bar offers a fully equipped kitchen, dining area, bar, and furnishings for continued operation. Its visible setting and broad casual-dining format support customer accessibility and a relatively straightforward transition for a new owner.

Aug 24

Award-winning Profitable Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$120KFood & Beverage
Cash Flow:$78K
Multiple:1.5x
Why Buy

This family-operated restaurant serves lunch and dinner with a menu centered on popular casual dining items. Its established reputation and attractive cash flow provide an opportunity for an owner-operator or experienced investor in the Chicago metropolitan area.

Aug 8

Smoothie And Juice Bar for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$840KFood & Beverage
Cash Flow:$251K
Multiple:3.3x
Why Buy

This multi-unit healthy beverage concept operates turnkey cafés serving smoothies, bowls, juices, and grab-and-go products from locations with built-in fitness traffic. Recurring customer access, strong operating performance, and a low royalty burden support an attractive acquisition in the Chicago region.

Absentee OwnerManager in PlaceRecurring RevenueSticky Customers
Aug 7

Full Service Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$499KFood & Beverage
Why Buy

This restaurant opportunity pairs substantial reported sales with strong seller cash flow and potential financing flexibility. Its established operating model may suit an owner-operator or experienced hospitality buyer seeking scale in the Chicago region.

Jul 31

Turnkey Profitable Sandwich Shop for Sale in Illinois

IL
$40KFood & Beverage
Why Buy

This turnkey Illinois franchise sandwich shop is presented with strong sales and positive cash flow. The established operating model and franchise structure may appeal to an owner-operator seeking a relatively straightforward entry into food service.

Jul 30

Sandwich Franchise Portfolio for Sale in Illinois

IL
$2.0MFood & Beverage
Why Buy

This multi-unit sandwich franchise portfolio combines national brand awareness, established systems, training, and multiple revenue channels including dine-in, takeout, and delivery. The Illinois operation offers immediate scale for an operator seeking a turnkey platform with reported cash flow and opportunities for further optimization.

Growth TrajectorySticky Customers
Jul 23

Scalable Profitable Bakery for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$699KFood & Beverage
Cash Flow:$327K
Multiple:2.1x
Why Buy

This multi-unit dessert franchise package benefits from a rotating product lineup, technology-enabled ordering, and strong customer frequency. The established franchise infrastructure and attractive cash flow provide a buyer with a scalable platform in the greater Chicago market.

Sticky CustomersGrowth Trajectory
Jul 23

Breakfast Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$150KFood & Beverage
Why Buy

This established breakfast and lunch restaurant serves a broad daypart with elevated menu offerings, premium beverages, and a loyal customer base. Strong cash flow and a turnkey presentation create an appealing owner-operator opportunity in the greater Chicago market.

Sticky Customers
Jul 22

Quick Service Restaurants for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$2.1MFood & Beverage
Cash Flow:$391K
Multiple:5.3x
Why Buy

This offering includes two established, fully staffed quick-service restaurant locations in affluent suburban trade areas within the Chicago metropolitan region. The multi-unit structure provides operating scale and may suit an approved franchise operator seeking an established platform.

Jul 19

Flexible Asset-rich Restaurant And Bar for Sale in Illinois

IL
$675KFood & Beverage
Why Buy

This restaurant and bar opportunity includes the underlying property, providing a buyer with operational flexibility and real estate ownership. Its Illinois location and existing hospitality infrastructure may support a refreshed concept or continued restaurant use.

Jul 16

High-volume Cafe Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$225KFood & Beverage
Why Buy

This multi-revenue food concept combines café, restaurant, bar, and gaming income streams, helping diversify sales beyond traditional dine-in service. It appears attractive to a buyer looking for an established operation in the Chicago region with strong revenue and multiple dayparts.

Sticky Customers
Jul 15

Renovated Event Venue for Sale in Illinois

IL
$899KFood & Beverage
Why Buy

This event venue combines hospitality, live entertainment, and lodging-related revenue into one mixed-use concept. The diversified use of the property can appeal to a buyer seeking multiple income streams and a flexible entertainment venue in a regional market.

Recurring RevenueSticky Customers

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Frequently Asked Questions

How many food & beverage businesses are for sale in Illinois?
Searcher OS currently tracks 120 businesses for sale in Illinois, aggregated daily from broker websites and the major marketplaces. 7 of them were listed in the last 7 days. Every listing is de-identified — you see the financials and metro area first, and unlock full details free.
How much does a food & beverage business cost in Illinois?
The median asking price of current listings is $420,000, and average seller's discretionary earnings run around $189,000. Most small businesses trade at a multiple of cash flow, so compare the asking price against earnings rather than revenue.
What multiple of earnings do food & beverage businesses in Illinois list for?
Across the 66 food & beverage businesses currently browsable in Illinois, the median asking price is $420K and the median seller's discretionary earnings (SDE) is $134K. The median asking price works out to 2.7x SDE. Multiples vary with size, growth, and owner dependence, so treat this as a benchmark rather than a rule.
Can I buy a Illinois food & beverage business with an SBA loan?
Usually, yes. Most businesses in this size range qualify for SBA 7(a) acquisition financing, which typically covers up to 90% of the purchase price on a 10-year term, leaving a 10–15% down payment. Lenders look for steady cash flow that covers the loan payments with room to spare (debt service coverage), so listings with documented earnings are the easiest to finance.
How do I find food & beverage businesses for sale in Illinois before they hit the big marketplaces?
Most listings appear on individual broker websites days or weeks before they reach the national marketplaces. Searcher OS scrapes those broker sites daily and matches new Illinois food & beverage listings against your acquisition criteria, so you can be the first call instead of one of fifty.

Buying a Food & Beverage Business in Illinois

Buying a food & beverage business in Illinois pairs a sector you can evaluate with a market you can drive to. Restaurants, cafes, and food service Common business types include Restaurants, Cafes, Catering, Food Trucks, Bars, Bakeries.

When you compare food & beverage listings in Illinois, look past the asking price: verify seller's discretionary earnings against tax returns, understand how much revenue is recurring versus project-based, and gauge how dependent the business is on the current owner. Most listings in this range qualify for SBA 7(a) financing with 10–15% down, so a deal's debt service coverage matters as much as its headline price. These guides cover the fundamentals:

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