Food & Beverage Businesses for Sale in Illinois

Browse 119 food & beverage businesses currently for sale in Illinois with an average asking price of $775K. Restaurants, cafes, and food service

Active Listings
119
Avg Asking Price
$775K
Average SDE
$168K
Added This Week
6

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Food & Beverage Businesses for Sale in Illinois

Showing 124 of 55

2w ago

Sandwich Franchise Portfolio for Sale in Illinois

IL
$2.0MFood & Beverage
Cash Flow:$360K
Multiple:5.6x
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
3w ago

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
3w ago

Breakfast Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$150KFood & Beverage
Cash Flow:$170K
Multiple:0.9x
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
3w ago

Quick Service Restaurants for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$2.1MFood & Beverage
Cash Flow:$398K
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.

4w ago

High-volume Cafe Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$250KFood & Beverage
Cash Flow:$180K
Multiple:1.4x
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
4w ago

Renovated Event Venue for Sale in Illinois

IL
$899KFood & Beverage
Cash Flow:$80K
Multiple:11.2x
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
Jul 13

Profitable Bar And Grill for Sale in Illinois

IL
$450KFood & Beverage
Cash Flow:$140K
Multiple:3.2x
Why Buy

This bar and grill combines food, beverages, live entertainment, and gaming revenue in a sizable, turn-key operation. It may appeal to a buyer seeking a hospitality business with multiple income streams and trained staff in Illinois.

Regulatory Risk
Jul 11

High-volume Restaurant for Sale in Illinois

IL
$1.9MFood & Beverage
Cash Flow:$300K
Multiple:6.3x
Why Buy

This breakfast and lunch restaurant benefits from long-term operation, strong community recognition, and steady daily demand. Its high-traffic setting and proven sales history make it appealing to a buyer looking for an established dine-in concept with meaningful revenue.

Sticky Customers
Jul 9

Profitable Bakery for Sale in Illinois

IL
$325KFood & Beverage
Cash Flow:$90K
Multiple:3.6x
Why Buy

This bakery offers a familiar neighborhood food business with loyal repeat customers and solid earnings. It may appeal to a buyer seeking a turn-key operation with steady demand and room for continued local growth.

Sticky CustomersRecurring Revenue
Jun 30

Established High-margin Juice Bar for Sale in Illinois

IL
$295KFood & Beverage
Cash Flow:$135K
Multiple:2.2x
Why Buy

This food and beverage business combines beverage service, prepared foods, and retail products with strong gross margins and diversified sales. It may appeal to a buyer seeking an established consumer brand in the Chicago region with proprietary recipes and online sales potential.

Jun 29

Established Coffee Shop for Sale in Illinois

IL
$100KFood & Beverage
Cash Flow:$40K
Multiple:2.5x
Why Buy

This coffee shop serves both dine-in and carryout customers, which supports flexible daily traffic. Its established local reputation and accessible format may appeal to a buyer looking for a straightforward neighborhood food-and-beverage business.

Jun 28

Established Family Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$179KFood & Beverage
Cash Flow:$85K
Multiple:2.1x
Why Buy

This is a long-standing restaurant with a loyal repeat customer base and a strong reputation for comfort food and service. The business model is straightforward and familiar, with appeal for a buyer seeking an operator-led opportunity in a major metro market. Its enduring presence suggests durable demand and community recognition.

Sticky Customers
Jun 23

Profitable Pizza Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$200KFood & Beverage
Cash Flow:$130K
Multiple:1.5x
Why Buy

This restaurant combines dine-in, takeout, and delivery channels to serve a broad local customer base. It may appeal to a buyer seeking a well-equipped food service business in Illinois with a familiar concept and flexible growth options.

Jun 19

Profitable Established Catering Company for Sale in Illinois

IL
$500KFood & Beverage
Cash Flow:$115K
Multiple:4.3x
Why Buy

This catering operation combines recurring event demand with the added advantage of owned real estate, including a commercial kitchen and event space. The business shows steady revenue growth and healthy margins, which may appeal to buyers seeking a turnkey food service company with multiple income streams in the Midwest region.

Sticky CustomersManager in PlaceGrowth Trajectory
Jun 18

Established Quick Service Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$59KFood & Beverage
Cash Flow:$50K
Multiple:1.2x
Why Buy

This quick-service restaurant benefits from steady demand tied to a large nearby university population and surrounding local traffic. The concept offers a familiar menu with broad appeal, making it attractive to an operator seeking an established food service location with repeat customer potential in the broader northern Illinois market.

Sticky Customers
Jun 13

Gourmet Cookie Franchise for Sale in Illinois

IL
$450KFood & Beverage
Cash Flow:$142K
Multiple:3.2x
Why Buy

This Chicago-area gourmet cookie franchise location operates within one of the nation's fastest-growing dessert brands, benefiting from strong brand recognition and a modern buildout in a vibrant urban neighborhood with heavy pedestrian traffic. Opened recently, the business has established itself as a high-performing unit with a loyal customer base and consistent demand driven by the surrounding residential and entertainment density. The turnkey operation is ready for a buyer seeking immediate cash flow in a high-traffic urban retail setting.

Absentee OwnerSticky CustomersGrowth Trajectory
Jun 10

Turnkey Fully Equipped Restaurant & Bar for Sale in Illinois

IL
$99KFood & Beverage
Cash Flow:$80K
Multiple:1.2x
Why Buy

This fully equipped restaurant and bar with a gaming area operates in a freestanding building in the greater Chicago metro area, featuring a 16-tap full bar, commercial kitchen, and multiple entertainment amenities. The turnkey buildout includes a professional kitchen with substantial equipment, reducing the upfront capital a new operator would need to deploy. The gaming component adds a recurring revenue stream beyond food and beverage sales.

Recurring Revenue
Jun 10

Freestanding Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$55KFood & Beverage
Cash Flow:$60K
Multiple:0.9x
Why Buy

This freestanding restaurant in a premier Chicago north suburb commercial corridor offers a fully built-out space with a full bar, commercial pizza oven, walk-ins, and a spacious dining room at a low entry price. The independent structure carries no franchise royalties, advertising fees, or transfer fees, allowing a new operator to retain more of operating profits. The flexible buildout is suitable for multiple concepts, including continuation of a pizza format or conversion to a new culinary direction.

Jun 10

Juice & Smoothie Bar for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$79KFood & Beverage
Cash Flow:$48K
Multiple:1.6x
Why Buy

This juice, smoothie, and superfood bar franchise unit is positioned in one of Chicago's most active neighborhood retail corridors, benefiting from consistent day-to-night foot traffic driven by a dense residential and commercial customer base. The concept targets the fast-growing health and wellness consumer segment with cold-pressed juices, acai bowls, superfood smoothies, and wellness shots. The franchise model provides brand recognition and operational systems, reducing the learning curve for a new operator.

Growth TrajectorySticky Customers
Jun 10

Juice & Smoothie Bar for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$79KFood & Beverage
Cash Flow:$25K
Multiple:3.2x
Why Buy

This national juice and superfood bar franchise operates within a large mixed-use lifestyle development in Chicago's Lincoln Park neighborhood, serving a dense live-work-play community with built-in daily foot traffic. The concept addresses consumer demand for clean, convenient better-for-you food and beverage options across breakfast, lunch, and post-workout dayparts. The franchise model provides proven systems and national brand support, allowing a new operator to benefit from established customer recognition.

Growth Trajectory
Jun 10

Take & Bake Pizza for Sale in Peoria, IL

Peoria, IL
$149KFood & Beverage
Cash Flow:$90K
Multiple:1.6x
Why Buy

This take-and-bake pizza franchise unit operates in a high-traffic retail corridor in the Peoria, Illinois market, offering a differentiated model where customers purchase freshly made-in-store pizzas to bake at home. The format significantly reduces labor costs, equipment complexity, and operational overhead compared to traditional full-service pizzerias, contributing to strong owner earnings. The established franchise brand and proven unit economics provide a lower-risk entry point relative to an independent concept startup.

Recurring RevenueSticky Customers
Jun 10

Gastropub Restaurant & Bar for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$175KFood & Beverage
Cash Flow:$130K
Multiple:1.3x
Why Buy

This full-service modern American gastropub operates in an affluent western Chicago suburb surrounded by luxury retailers, hotels, and dense high-income residential neighborhoods, driving a broad customer base of both casual and upscale diners. The concept blends a chef-driven menu with craft cocktails, an extensive wine list, and 20-plus beers on tap, generating strong per-cover revenue. The business has earned a loyal local following and is offered turnkey with substantial infrastructure already in place.

Sticky Customers
Jun 10

Cafe & Deli Coffee for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$200KFood & Beverage
Cash Flow:$57K
Multiple:3.5x
Why Buy

This café, deli, and coffee shop has operated for over two decades in the heart of a historic downtown in Chicago's far northwest suburbs, building a loyal multi-generational customer base through a diverse menu of handcrafted foods, baked goods, and espresso beverages. The high-foot-traffic main street location with both pedestrian and vehicle visibility supports consistent daily revenue without heavy marketing spend. The long operating history and unique blended concept create a durable community asset with meaningful brand equity.

Sticky CustomersRecurring RevenueGrowth Trajectory
Jun 10

Turnkey Restaurant & Bar for Sale in Illinois

IL
$150KFood & Beverage
Cash Flow:$75K
Multiple:2.0x
Why Buy

This fully built-out restaurant and bar space is located in a historic downtown district of a far northwest Chicago suburb, steps from a river and surrounded by walkable retail and dining. The recent substantial investment in infrastructure, systems, and finishes allows a new operator to open quickly with significantly reduced upfront capital compared to a ground-up buildout. The flexible space is well-suited for an experienced operator or restaurant group looking to expand or launch a new concept in a high-visibility downtown corridor.

Growth Trajectory

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Frequently Asked Questions

How many food & beverage businesses are for sale in Illinois?
Searcher OS currently tracks 119 businesses for sale in Illinois, aggregated daily from broker websites and the major marketplaces. 6 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 $438,000, and average seller's discretionary earnings run around $168,000. Most small businesses trade at a multiple of cash flow, so compare the asking price against earnings rather than revenue.
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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