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agricultural business for Sale in Illinois

Similar businesses sell at 2.2x to 4.0x SDE. Compare live listings and connect with sellers.

Illinois Craft Grower License Opportunity w/ Real Estate photo
Other Agriculture

Illinois Craft Grower License Opportunity w/ Real Estate

Stephenson County, IL, US

Rare opportunity to acquire an Illinois Craft Grower’s License with accompanying real estate, providing a streamlined path into one of the nation’s most tightly regulated and high-demand cannabis markets. Illinois craft grower licenses are extremely limited, making this offering a valuable asset for operators looking to expand or enter the state’s thriving cannabis industry. The offering includes the license rights along with a property suitable for cultivation operations, giving buyers the advantage of securing both regulatory approval and a physical location in one transaction. The real estate provides the foundation for developing a compliant indoor cultivation facility and can be tailored to meet Illinois regulatory requirements and production goals. This opportunity is ideal for existing cannabis operators seeking expansion, MSOs looking to strengthen their Illinois footprint, or well-capitalized entrepreneurs ready to enter the market with a significant head start. Acquiring an approved craft grower license eliminates many of the barriers and delays typically associated with the competitive Illinois licensing process. Key Highlights: • Illinois Craft Grower License included • Real estate available for cultivation development • Opportunity to build out a compliant indoor cultivation facility • Limited-license state with strong consumer demand • Ideal for operators, investors, or MSOs expanding in Illinois Illinois continues to be one of the strongest cannabis markets in the United States, with billions in annual sales and a growing consumer base. Opportunities to acquire a craft grower license paired with real estate are extremely limited, making this a compelling investment for those looking to establish or expand a presence in the Illinois cannabis industry. Additional details available upon request for qualified buyers. PLEASE NOTE, this is just the license! This is not a cash flowing business. Real estate will be discussed directly with the seller.

$599,000
-Revenue
-Cash Flow
Craft Grower Cannabis License – Illinois Market Entry Opportunity photo
Other Agriculture

Craft Grower Cannabis License – Illinois Market Entry Opportunity

Cook County, IL, US

Offered is a fully awarded and transferable Adult-Use Craft Grower License in the State of Illinois. This license is one of the limited number issued under the Illinois Department of Agriculture’s cannabis program and presents a prime opportunity to enter the $2 billion Illinois cannabis industry without waiting on application cycles or the state lottery. The license provides the opportunity to grow/cultivate, process/manufacture , infuse, extract & distribute. This is an asset-only sale. No business, facility, or real estate is included. The buyer will need to establish a compliant location, facility, and operational plan post-acquisition. The license is eligible for expansion from 5,000 sq ft of flowering canopy up to 14,000 sq ft with state approval. Key Highlights License Type: Adult-Use Craft Grower License (Illinois) Status: Fully awarded by the State of Illinois Transferability: Permitted with State approval (buyer must qualify) Includes: License only – no operations, equipment, or real estate

$700,000
-Revenue
-Cash Flow

Market Snapshot

National transaction benchmarks for agricultural business businesses.

Under $500K

Median revenue$367k
Median cash flow$72k
Median sale price$234k
Multiple range2.2x - 4.0x

A variety of factors can cause businesses to trade outside this range, including earnings quality, operational transferability, key-person risk, growth trajectory, and geography, so a listing priced above or below the typical multiple usually reflects real differences in the underlying business.

What to know about agricultural business acquisitions

GW

By George Wellmer

Cofounder & CEO

Key diligence, valuation, financing, and transition considerations for buyers evaluating agricultural business acquisitions.

Separate land value from business value

Many agricultural deals are mostly real estate. Get the land, buildings, and water rights appraised independently of the operating cash flow so you know what you are really buying.

Verify water and land-use rights

Water access, irrigation rights, and agricultural-use zoning are often the most valuable and most fragile parts of the deal. Get it in writing that they transfer to a new owner.

Study seasonality and commodity exposure

Revenue and cash flow can swing hard year to year. Review several years of records rather than a single strong season before you trust the numbers.

Inspect equipment and infrastructure

Greenhouses, irrigation systems, cold storage, and machinery carry real deferred-maintenance risk. Budget for what the seller has put off.

Check licenses, certifications, and environmental history

Organic certification, pesticide handling, and prior land use all raise compliance and liability questions. A Phase I assessment is common where chemicals were used.

Assess labor and owner dependence

Seasonal labor availability and the owner hands-on role both affect how easily the operation transfers. Be clear on what running it actually requires week to week.

Frequently Asked Questions

Answers to common buyer questions for this market.

Often yes. Real estate in the deal can strengthen the collateral position, and qualification depends on clean financials, verifiable tax returns, and a seller who meets program requirements on the business side.