Food & Beverage Businesses for Sale in Illinois

Browse 112 food & beverage businesses currently for sale in Illinois with an average asking price of $933K. Restaurants, cafes, and food service

Active Listings
112
Median Asking Price
$469K
Median SDE
$146K
Median Multiple
2.8x SDE
Avg Asking Price
$933K
Average SDE
$211K
Listed in Last 30 Days
50
Added This Week
4

Median figures are computed over the 72 listings currently browsable on this page. Averages and counts cover all 112 active listings tracked in the last 90 days.

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Food & Beverage Businesses for Sale in Illinois

Showing 25–48 of 74

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
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
May 11

Self Pour Taproom Franchise for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.2MFood & Beverage
Cash Flow:$210K
Multiple:5.7x
Why Buy

This franchise taproom and full-service restaurant combines self-pour beverage technology with a new American menu in a high-traffic suburban market near Chicago. The concept is ranked among top emerging franchises nationally and operates with a management team in place, allowing the current owner to run it on a semi-absentee basis. A buyer seeking greater operational involvement has clear levers to accelerate revenue beyond current levels.

Manager in Place
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

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

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Frequently Asked Questions

How many food & beverage businesses are for sale in Illinois?
Searcher OS currently tracks 112 businesses for sale in Illinois, aggregated daily from broker websites and the major marketplaces. 4 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 $469,000, and average seller's discretionary earnings run around $211,000. 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 72 food & beverage businesses currently browsable in Illinois, the median asking price is $469K and the median seller's discretionary earnings (SDE) is $146K. The median asking price works out to 2.8x 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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