Listed 2 months ago Food & Beverage

Freestanding Restaurant for Sale in Chicago, IL

Asking price
$55,000
Cash flow (SDE/EBITDA)
$60,000
Multiple
0.9x
Verified 4d

Why this business stands out

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.

Financing snapshot

An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.

Asking price
$55,000
Cash flow (SDE/EBITDA)
$60,000
Est. down payment (10%)
$5,500
Est. SBA loan (10yr @ 10.5%)
$49,500
Est. monthly payment
$668
Annual debt service
$8,015
Owner cash flow after debt
$51,985
Debt Service Coverage Ratio
Strong coverage
7.49x

Illustrative only — not a financing offer. Assumes a 10% down payment and a 10-year SBA 7(a) loan at 10.5%. Actual terms vary by lender, deal structure, and buyer profile.

The DSCR shown is computed on raw cash flow — before the owner-salary, maintenance-capex, and rent adjustments SBA lenders apply when underwriting. Model the lender's view in the DSCR calculator.

Unlock the full listing

Create a free Searcher OS account to see the exact location, full description, broker contact, and detailed financials — plus add this deal to your pipeline and run the numbers in our calculators.

  • Exact city & location
  • Full business description
  • Broker & contact details
  • Detailed financials

Frequently asked questions

How much does this food & beverage business cost?

The asking price is $55,000. Exact terms and any seller financing are confirmed directly with the seller after you sign up.

What is the cash flow and valuation multiple?

This business reports approximately $60,000 in annual cash flow (SDE/EBITDA), implying a 0.9x multiple on the asking price.

Where is this food & beverage business located?

It operates in the Chicago-Naperville-Elgin area. The exact city is shown after you create a free Searcher OS account.

Can this acquisition be financed with an SBA loan?

Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.

Similar businesses for sale