Food & Beverage Businesses for Sale in Illinois

This seasonal ice cream and hot food shop operates near Rockford, Illinois with low rent in a busy retail setting, generating over $230,000 in annual sales despite not operating year-round. The business has operated for many years with a simple, proven model and seller financing may be available to qualified buyers. Expanding hours or converting to a year-round schedule represents a clear growth opportunity for a new owner.

This Chicago-area restaurant and bar generates substantial owner earnings from a high-traffic location near a college campus, benefiting from consistent foot traffic and a built-in recurring customer base. The food and beverage model combines dining and bar revenue, diversifying income across meal periods and late-night hours. At the asking price relative to cash flow, this opportunity suits a hospitality operator looking to acquire a proven, high-volume concept.

This Chicago metro bar operates from a 6,000 square foot facility in a high-traffic hotel corridor, generating substantial annual revenue with strong cash flow from an established customer base of travelers and local patrons. The fully equipped turnkey operation includes furniture, fixtures, and equipment, minimizing upfront capital requirements for an incoming owner. The location adjacent to major hotels provides a built-in traffic advantage that supports consistent revenue regardless of broader marketing spend.

This Indian fusion restaurant in the Chicago metro area generated over $750,000 in gross sales and seats up to 120 guests across a thoughtfully designed dining room with private event space. The concept has built a loyal customer following since opening, with multiple revenue streams including regular dining and hosted events. At $599,000 asking price and $150,000 in SDE, the restaurant offers a buyer an established concept with meaningful upside through expanded catering and private dining programming.

This self-serve frozen yogurt and dessert café in the Chicago metro area generates approximately $718,000 in annual sales with $265,000 in EBITDA, driven by a high-volume rotating flavor menu, premium toppings bar, and complementary beverage offerings including bubble tea and organic smoothies. The efficient operation model and loyal customer base have sustained strong performance since 2010. The business is well-positioned for an owner-operator seeking a proven, community-embedded food-and-beverage concept with above-average margins.

This neighborhood restaurant and bar in the Chicago metro area has operated for over a decade with a loyal following, award-recognized menu, and strong brand recognition within its community. Revenue is diversified across dine-in, outdoor patio, bar sales, and delivery, reducing reliance on any single channel and providing resilience across demand environments. Consistent net income over multiple years demonstrates a durable operating model rather than a single-year result.

This portfolio of three established restaurant locations in Illinois operates with standardized systems and experienced staff, allowing the current owner to spend minimal time on day-to-day management. The group benefits from a recognizable brand presence, consistent customer traffic, and proven performance across all locations. A buyer gains scale and operational consistency along with steady cash flow from a turnkey multi-unit operation.

This long-running donut shop has served its Illinois community for over five decades, building a loyal repeat customer base through consistent quality and institutional wholesale accounts. A trained, experienced team is in place with well-documented operations, providing a new owner with a stable foundation from day one. Steady revenue and predictable demand make this a compelling opportunity for a buyer seeking a proven food-service business with community roots.

A dessert café and ice cream concept in Illinois generating $239K in owner earnings at a $665K asking price, with a cross-trained team capable of running operations independently. The differentiated dessert concept serves both walk-in and catering demand, supporting revenue across multiple channels. Buyers seeking a food and beverage acquisition with strong margins and an operational team will find this an appealing opportunity.

This full-service restaurant in the greater Chicago metro area has operated successfully for over two decades, building a loyal customer base and multiple revenue streams including on-site gaming and event hosting. The 4,000-plus square foot property includes an expansive outdoor patio, providing seasonal revenue upside. The business is offered as a turnkey operation with real estate, making it attractive for an owner-operator seeking immediate cash flow.

This destination dining and live entertainment venue in the Chicago metro area generates approximately $7.67 million in gross sales from a freestanding multi-concept property with full-service dining, bar areas, a four-season patio, and a dedicated live music stage with professional production capabilities. The included property provides real estate value on top of a strong operating business, and the multi-concept format under one roof creates multiple revenue streams from a single location. Discretionary earnings of approximately $1.9 million reflect a premier-tier entertainment and dining business with significant brand equity in its regional market.

This dessert and confectionery business in the greater Chicago area combines artisanal baked goods with premium soft-serve ice cream offerings and operates across multiple revenue channels including retail, event catering, national online shipping, and corporate accounts. Seasonal product optimization keeps margins stable across all four quarters, reducing the revenue volatility typical of single-category dessert concepts. The visible kitchen format enhances the in-store experience and supports customer loyalty in a high-foot-traffic suburban location.

A coffee shop and roasting operation in the Chicago metro area with an established customer base and a vertically integrated model that combines retail sales with in-house roasting. The dual revenue streams from cafe sales and roasted product provide diversification within the specialty coffee segment. This is an opportunity for a coffee enthusiast or operator to acquire a functioning, equipped roastery-cafe concept with existing brand recognition.

This full-service restaurant and bar concept operates in the greater Chicagoland suburban market, combining a dining experience with a high-energy bar program to attract a broad customer demographic. Annual sales exceed $1.5 million, with a profitable operating model built on a diverse menu and entertainment-driven atmosphere. The fully equipped, turnkey operation is well-positioned for an owner-operator or multi-unit buyer seeking a proven concept in a densely populated corridor.