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 2548 of 55

Jun 10

Breakfast & Lunch Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$275KFood & Beverage
Cash Flow:$180K
Multiple:1.5x
Why Buy

This breakfast and lunch restaurant has operated in a dense, high-traffic Chicago neighborhood for multiple decades, building a loyal multi-generational following through an extensive menu, generous portions, and consistent quality. The updated interior features abundant natural light, counter and booth seating, and a fully equipped commercial kitchen designed for high-volume throughput. Strong community brand recognition and proven daily traffic patterns provide a stable revenue foundation for an incoming operator.

Sticky CustomersRecurring Revenue
Jun 10

Bbq Restaurant & Bar for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$138KFood & Beverage
Cash Flow:$91K
Multiple:1.5x
Why Buy

This full-service BBQ restaurant and bar has operated in the greater Chicago metro area for nearly five decades, earning an iconic neighborhood reputation and a deeply loyal multi-generational customer base through authentic Midwestern-style barbecue and a recently remodeled interior. The full bar adds a complementary revenue stream to food sales, while a catering program provides incremental income beyond on-premise dining. The combination of decades of brand equity, a modern kitchen with specialized BBQ equipment, and strong owner earnings relative to asking price presents a compelling acquisition opportunity.

Sticky Customers
Jun 10

Japanese Sushi Restaurant for Sale in Illinois

IL
$110KFood & Beverage
Cash Flow:$58K
Multiple:1.9x
Why Buy

This full-service sushi restaurant has operated for nearly two decades along a high-volume retail arterial in a Chicago suburb, building a loyal customer base through fresh, high-quality fish and an extensive menu covering classic rolls, nigiri, sashimi, and traditional Japanese dishes. The restaurant serves both lunch and dinner with dine-in, takeout, and third-party delivery channels, diversifying revenue across multiple ordering formats. Long tenure and consistent quality have created a durable competitive position in its local trade area.

Sticky Customers
Jun 10

Neighborhood Pizzeria for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$155KFood & Beverage
Cash Flow:$71K
Multiple:2.2x
Why Buy

This independent carryout and delivery pizzeria operates in one of Chicagoland's most desirable western suburban markets, serving a loyal neighborhood customer base through a diverse menu of thin-crust, pan, and specialty pizzas alongside Italian entrees and pasta. The no-seating counter-service model minimizes labor and overhead costs while a large catering business adds a high-margin revenue stream beyond core delivery operations. The independent structure carries no franchise fees, allowing the owner to retain a higher share of revenue than a comparable franchise concept.

Sticky Customers
Jun 10

Carryout & Delivery Pizza for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$450KFood & Beverage
Cash Flow:$159K
Multiple:2.8x
Why Buy

This beloved neighborhood pizza operation in an affluent western Chicago suburb has generated consistent repeat business for over two decades through authentic Chicago-style pizzas and a streamlined carryout and delivery model with no dine-in seating. The simple counter-service operation keeps overhead low while strong year-over-year revenue growth demonstrates robust local demand. The independent structure eliminates royalty and advertising fees, delivering superior economics compared to franchise alternatives.

Sticky CustomersGrowth TrajectoryRecurring Revenue
Jun 10

Full Service Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$300KFood & Beverage
Cash Flow:$163K
Multiple:1.8x
Why Buy

This chef-owned farm-to-table restaurant in a Chicago north suburb has built a 20-year track record of critical acclaim and community loyalty, generating over $2.9 million in annual revenue through a seasonally driven menu emphasizing locally sourced ingredients. The restaurant has become a regional dining destination known for culinary excellence and a warm neighborhood atmosphere, creating a durable brand that supports premium pricing and strong repeat visitation. Long-standing acclaim and an entrenched loyal following reduce customer acquisition costs and provide meaningful downside protection for an acquiring operator.

Recurring RevenueSticky Customers
Jun 10

Supper Club Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$159KFood & Beverage
Cash Flow:$97K
Multiple:1.6x
Why Buy

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.

Recurring RevenueSticky CustomersGrowth Trajectory
Jun 10

Established Retail & E Commerce for Sale in Illinois

IL
$1.6MFood & Beverage
Cash Flow:$327K
Multiple:4.9x
Why Buy

Established retail & e-commerce business serving Illinois. The business generates meaningful owner earnings, supporting an acquisition in the $1M–$2M range. Exact location, full description, and seller details are available after sign-up.

Growth Trajectory
Jun 10

Full Service Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.2MFood & Beverage
Cash Flow:$264K
Multiple:4.5x
Why Buy

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.

Manager in Place
Jun 10

Deli And Catering Business for Sale in Illinois

IL
$1.0MFood & Beverage
Cash Flow:$197K
Multiple:5.1x
Why Buy

This long-standing deli and catering operation in the Chicago metro southwest suburbs has served the community for over four decades, generating consistent high-volume revenue through both retail deli sales and full-service catering events. The menu spans house-made soups, specialty sandwiches, broasted chicken, and gelato, with catering extending to corporate, social, and community events. Deep local roots and decades of brand equity give a new owner a strong platform from which to grow.

Recurring RevenueSticky CustomersGrowth Trajectory
Jun 10

Corporate Catering Company for Sale in Illinois

IL
$1.3MFood & Beverage
Cash Flow:$381K
Multiple:3.4x
Why Buy

This Illinois catering business generates nearly $381,000 in annual profit from a predominantly corporate client base, with the majority of revenue driven by repeat and preferred-vendor engagements rather than one-time events. The recurring revenue model reduces sales and marketing dependency and provides predictable forward bookings. Corporate catering's high-repeat-purchase dynamics and preferred-vendor status make this an unusually defensible cash flow business.

Recurring RevenueSticky Customers
Jun 10

Indoor Entertainment Center for Sale in Illinois

IL
$625KFood & Beverage
Cash Flow:$124K
Multiple:5.1x
Why Buy

This absentee-operated indoor entertainment facility in Illinois caters to children, families, and group events with a large footprint and diversified revenue streams including party bookings and recreational programming. A general manager and established staff provide operational continuity without owner involvement. The combination of recurring group bookings and walk-in traffic creates a resilient revenue model well-suited to an investor or remote owner.

Absentee OwnerManager in Place
Jun 10

Donut Shop for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$579KFood & Beverage
Cash Flow:$150K
Multiple:3.9x
Why Buy

This Chicago-area donut shop has served its community for decades, building a loyal morning customer base alongside recurring wholesale and institutional bulk order accounts that stabilize revenue beyond walk-in traffic. Operations are well-documented with defined roles and standardized processes, making the business transferable to an owner-operator or investor. The diversified revenue mix of retail foot traffic and contracted wholesale relationships provides downside protection against any single customer segment softening.

Manager in PlaceRecurring RevenueSticky Customers
Jun 10

Established Turnkey Bar With Real Estate for Sale in Illinois

IL
$650KFood & Beverage
Cash Flow:$120K
Multiple:5.4x
Why Buy

This freestanding Illinois bar with kitchen is offered as an asset sale that includes the real property — a historic brick building with a distinctive interior featuring exposed ductwork, wooden floors, a classic bar, and a fenced outdoor patio with a secondary bar structure ideal for private events. The real estate inclusion provides a buyer with long-term security and the ability to avoid lease risk in a market surrounded by a dense residential base and nearby industrial employment. The property and liquor infrastructure transfer fully equipped, reducing startup time for an experienced operator.

Jun 10

European Bakery & Caf for Sale in Illinois

IL
$995KFood & Beverage
Cash Flow:$375K
Multiple:2.7x
Why Buy

This European-style bakery and café operates in an affluent Chicago suburban market, specializing in custom cakes, pastries, sweets, and savory lunch items through a simple counter-service model. The business generates $375K in annual cash flow with online ordering, gift cards, catering, and dine-in channels creating multiple revenue streams. A recently remodeled interior and established reputation for custom desserts position the business for continued growth under new ownership.

Manager in PlaceRecurring RevenueSticky Customers
Jun 10

Dessert Franchise Group for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.6MFood & Beverage
Cash Flow:$327K
Multiple:4.9x
Why Buy

This Illinois multi-unit dessert franchise group operates three locations in affluent suburban Chicago communities, generating strong combined earnings under a nationally recognized rotating-menu brand. The franchise model provides centralized marketing support, proven systems, and significant customer loyalty driven by weekly menu novelty that brings repeat visits. A buyer acquires an operational platform with management teams in place and the potential to expand into additional franchise territories.

Growth TrajectorySticky Customers
Jun 10

Breakfast & Lunch Diner for Sale in Illinois

IL
$1.1MFood & Beverage
Cash Flow:$265K
Multiple:4.2x
Why Buy

This Illinois full-service breakfast and lunch restaurant has operated at the same location for decades, generating one and a half million dollars in annual sales through a classic American diner menu with broad appeal. The business owns its real estate, providing a buyer with both operating cash flow and a tangible property asset at a combined purchase price. Dine-in, carryout, and third-party delivery channels diversify revenue, and the long track record of community loyalty provides immediate customer volume for a new owner.

Sticky Customers
Jun 10

Fast Casual Franchise Restaurant for Sale in Illinois

IL
$2.0MFood & Beverage
Cash Flow:$250K
Multiple:8.1x
Why Buy

This Illinois fast casual franchise location generates $1.6M in annual revenue and $250K in SDE, with owned real estate and a drive-thru included in the $2.025M asking price at a reported 7% cap rate. The combination of operating income from a nationally recognized brand and underlying real estate appreciation potential creates a dual-return structure uncommon in restaurant acquisitions. Franchisor approval is required, but the existing location's performance record simplifies the transfer process.

Recurring RevenueRetirement Sale
Jun 10

Established Real Estate Sports Bar for Sale in Illinois

IL
$1.6MFood & Beverage
Cash Flow:$257K
Multiple:6.1x
Why Buy

This Metro East Illinois sports bar has cultivated a loyal multigenerational customer base over decades, operating from a large property that includes a dining room, banquet space, outdoor patio, and gaming area — with real estate included in the $1.575M asking price. Generating approximately $257K in annual SDE with a full staff in place, the business offers a turnkey acquisition for an experienced hospitality operator. The owner is open to seller financing and mentoring for a qualified buyer, reducing financing barriers and transition risk.

Sticky Customers
Jun 10

Mexican Restaurant & Bar for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$550KFood & Beverage
Cash Flow:$132K
Multiple:4.2x
Why Buy

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.

Manager in PlaceRecurring RevenueSticky CustomersGrowth Trajectory
Jun 10

Restaurant Event Venue for Sale in Illinois

IL
$600KFood & Beverage
Cash Flow:$110K
Multiple:5.5x
Why Buy

This Illinois food and beverage property combines daily restaurant operations with two private banquet rooms suited for weddings, corporate events, and social gatherings. The dual-revenue layout allows simultaneous dining service and private event bookings under a single roof. A buyer can grow the catering and events segment with minimal additional capital investment given the existing kitchen and banquet infrastructure.

Jun 10

Full Service Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$599KFood & Beverage
Cash Flow:$230K
Multiple:2.6x
Why Buy

This Chicago suburban restaurant operates on a fully absentee basis, with an experienced staff managing all front- and back-of-house operations and financials independently verified by an outside CPA. The business has built a loyal destination-dining reputation with significant customer repeat rates, and revenue has trended upward through the most recent period. Bank pre-approval and substantial transferable assets reduce a buyer's financing and startup risk.

Absentee OwnerGrowth TrajectoryRecurring Revenue
Jun 9

Supper Club Event Venue for Sale in Illinois

IL
$1.6MFood & Beverage
Cash Flow:$112K
Multiple:14.8x
Why Buy

This long-standing supper club and banquet event space sits on substantial acreage in northern Illinois, strategically positioned near a major interstate and within reach of millions of annual regional tourists. The facility includes multiple dining and event spaces, a full commercial kitchen, and a retail component, offering a diversified hospitality revenue model. At $1.65M asking on approximately $112K SDE, the primary value driver is the real estate and facility infrastructure supporting an event business with deep community roots.

Growth Trajectory
Jun 6

Fast Casual Fried Chicken for Sale in Illinois

IL
$1.1MFood & Beverage
Cash Flow:$402K
Multiple:2.8x
Why Buy

This Illinois-based fast casual fried chicken concept operates across multiple locations, generating strong combined cash flow from a menu category experiencing sustained consumer demand growth. The multi-location structure provides brand recognition, operational efficiency, and a platform for continued unit expansion. This is an attractive acquisition for an experienced restaurant operator or multi-unit buyer seeking to scale in the fast-growing fried chicken segment.

High SeasonalityLow Margins

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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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