Reconcile the sales — point-of-sale against bank deposits and tax returns
Cash-heavy businesses invite optimistic numbers; verify reported revenue against the processor and the returns before you trust a figure.
restaurant and food business for Sale in Illinois
Similar businesses sell at 1.2x to 4.0x SDE. Compare live listings and connect with sellers.
61 results
Bars, Pubs & Taverns
Bars, Pubs & Taverns
Turnkey Bar & Grill with Gambling: Central Will County
Will County, Illinois, United States
Will County, IL, US
Congrats!!! You just came across an opportunity that will instantly generate revenue and income. With a full staff in place, along with management, you can expect to spend 10 hours per week of your time owning this business. This very modern establishment is known as the "go-to" place for cocktails, food, entertainment, gaming and the spot that brings new and existing customers frequently. Well known in the community and surrounding areas, the brand has been built for success! It's ready for its owner, to reap the benefits $$$$ that has been built already. Reach for more details
$300,000
-Revenue
-Cash Flow
Miscellaneous Restaurant & Bars
Catering Companies
+3
Miscellaneous Restaurant & Bars
+4
Historic 19 Room Inn with Endless Possibilities in Central IL
Illinois, United States
IL, US
Discover this extraordinary property, where historic charm meets modern convenience. Located in the heart of Central Illinois, this unique offering includes: • 13 beautifully appointed guest rooms, blending timeless architecture with contemporary comforts. • 6 long-term suites, perfect for extended stays or steady rental income. • A banquet center accommodating up to 300 guests, ideal for weddings, corporate events, and celebrations. • An enchanting outdoor garden space for up to 150 guests, offering a stunning backdrop for unforgettable gatherings. This versatile property is a rare gem combining boutique hotel, wedding destination, or event venue. Don’t miss the opportunity to own a piece of history with thriving business potential.
$2,700,000
-Revenue
-Cash Flow
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Banquet Halls
American Restaurants
Italian Restaurants
+1
Banquet Halls
+3
Very Busy Large Restaurant with R/E Priced @ Asset Value
Illinois, United States
IL, US
Are you experienced in the Restaurant industry? This is a large operation with average sales around $3,500,000 yearly. The asking price at asset value including the extensive Real Estate valued at $1,500,000. While the business is profitable even taking into consideration the expense of owning the property, the operation needs improvement. Unique concept in it’s geography Large dining area Banquet area More than ample parking AMAZING Kitchen Understand carry out All real estate, equipment, name, menu and processes included. Owner is retiring but will assist in training and transition after the sale. This restaurant is located in Illinois in the St. Louis metro area. For information for the experienced call Jeff Bach at 314-941-8530 or email at [email protected] Reference 504JB
$1,750,000
$3,524,867Revenue
$100,192Cash Flow
American Restaurants
Bars, Pubs & Taverns
+1
American Restaurants
+2
Bar & Grill w/ Gaming - Sangamon County
Sangamon County, Illinois, United States
Sangamon County, IL, US
Ready to own the hottest spot in town? This well-established Bar & Grill is now available. A local favorite with loyal patrons, this fully operational business is ready for a new owner to step in and start earning Day One. Features include: Spacious outdoor patio with a cozy firepit Profitable video gaming setup Full-service kitchen open for lunch & dinner Delicious draft beer selections & amazing craft cocktails Strong community presence and high-traffic location Turnkey operation with all equipment and furnishings included Whether you're a seasoned restaurateur or dreaming of your first venture, this is your chance to own a thriving business with tons of upside.
$259,000
$900,000Revenue
-Cash Flow
Bars, Pubs & Taverns
Bars, Pubs & Taverns
Small Bar, Big Fun! Springfield Pub For Sale. Gaming!
Sangamon County, Illinois, United States
Sangamon County, IL, US
We have a small pub and with beer garden with a focus on imported beers and liquors. Gaming machines. The beer garden is open year around with darts, games and jukebox to provide fun and entertainment. Open evening during the week and days and evening on the weekends. Great for an owner operator bartender.
$29,900
-Revenue
-Cash Flow
American Restaurants
Breweries
Miscellaneous Restaurant & Bars
American Restaurants
Breweries
+1
Iconic Historical Restaurant & Brewpub in Central IL
Illinois, United States
IL, US
Discover an extraordinary opportunity to own a piece of history and a turnkey business! This iconic downtown restaurant and brewpub boasts $2.1 million in annual sales, with over $3 million invested in renovations just five years ago. Timeless Architectural Beauty: Built in 1870 and fully remodeled in 2016, this space combines historic charm with modern functionality. Recognized with award-winning architecture, it’s as visually stunning as it is operationally efficient. Prime Location: Nestled in the heart of downtown, just steps from the riverfront, this venue offers high visibility and accessibility for locals and tourists alike. Full-service kitchen supporting a 150-seat dining room (10,000 sq ft). Spacious outdoor patio featuring bocce ball, bags, and a family- and pet-friendly atmosphere. Brewhouse (2,600 sq ft) with a 15-barrel capacity, producing an ever-changing lineup of in-house brews. Enclosed beer garden with a full bar, perfect for hosting private events or live entertainment. This turnkey business is run by an absentee owner, offering tremendous potential for a hands-on operator to take it to new heights. Don’t miss this rare chance to own a landmark venue with endless possibilities. Contact us today for more details!
$2,800,000
$2,100,000Revenue
-Cash Flow
American Restaurants
American Restaurants
Turnkey Restaurant w/ Bar & Gaming
Sangamon County, Illinois, United States
Sangamon County, IL, US
Turnkey restaurant and bar with gaming machines. Do have a concept you want to bring to market with all equipment, furniture and fixtures in place? Gaming machines already up and running for you. Just take over existing corporation and the lease, liquor and gaming is all ready to go. Over $350,000 in build out, equipment and fixtures in place. Can be yours for half that price of $175,000. Proof of funds required.
$175,000
-Revenue
-Cash Flow
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Pizza Restaurants
Pizza Restaurants
Established Franchise Pizza Restaurant - Needs an Owner Operator
McHenry County, Illinois, United States
McHenry County, IL, US
Turn key pizza spot. Great food. Easy to Manage. Established. We are offering an established 3,600 sq ft franchised pizza restaurant for sale. You can buy this existing franchise for cheaper than opening brand new and this location has a dedicated customer base with average sales of $800,000 per year. Absentee owned with managers in place leave room for an owner operator to enjoy over $100k per year in earnings. Franchisor has agreed to waive the franchise transfer fee and the 1st year of royalties for the new buyer. Great location in a high traffic shopping center in McHenry County, IL. All furniture, fixtures and equipment is less than 4 years old. Don't wait on this one.
$130,000
-Revenue
-Cash Flow
Bars, Pubs & Taverns
Other Entertainment & Recreation
Bars, Pubs & Taverns
+1
Small Bar w/ Gaming Included Real Estate
Sangamon County, Illinois, United States
Sangamon County, IL, US
Profitable absentee owned bar w/ good gaming numbers. 1,800 sq ft building is included. Enclosed outdoor seating area $12k/mos in gaming revenue - owner's cut. $30k/mos in liquor sales. Has a small kitchen with hood system also. Food sales could be expanded for a motivated owner. Open every day of the week. No owner financing available. Corporation not included. Asset sale only.
$279,000
-Revenue
-Cash Flow
Pizza Restaurants
Other Restaurants & Food
Pizza Restaurants
+1
Long Standing Pizza & Italian Restaurant - Owner Nets $200k+
Illinois, United States
IL, US
We are exclusively offering a long standing iconic pizza & authentic Italian restaurant located in a large Central Illinois town for 20+ years. Lease is $3,000 mos for 2800 sq ft with an option to purchase the building. They primarily serve up their famous pizza but have outstanding Italian entrees, pastas, sandwiches, stromboli's, calzones and salads. The business also sells beer and wine. 5 video gaming machines generate about $40k- $50k per year as well. Family owned and operated the owners are now retiring and wishing to sell. The business Owner nets over $200k per year from the business.
$365,000
$471,000Revenue
-Cash Flow
Market Snapshot
National transaction benchmarks for restaurant and food business businesses.
Under $500K
Median revenue$456k
Median cash flow$80k
Median sale price$130k
Multiple range1.2x - 2.5x
$500K to $2M
Median revenue$1.50m
Median cash flow$276k
Median sale price$750k
Multiple range2.1x - 3.5x
Over $2M
Median revenue$4.27m
Median cash flow$1.03m
Median sale price$3.20m
Multiple range2.7x - 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 restaurant and food business acquisitions
GW
Cofounder & CEO
Key diligence, valuation, financing, and transition considerations for buyers evaluating restaurant and food business acquisitions.
Read the lease like it's the deal
Remaining term, escalations, and assignment rights can make or break a restaurant; a strong concept on a non-transferable lease is a problem you inherit.
Pressure-test prime cost — labor plus food
Margins are thin and move with wages and commodities; understand prime cost and how stable the kitchen and front-of-house staff are.
Confirm licenses and health standing transfer
Liquor licenses, health permits, and inspection history are valuable and sometimes fragile; review the record before you commit.
Test how much rides on the owner and concept
A chef-owner or personality-driven concept may not transfer; understand the recipes, systems, and whether the brand survives new ownership.
Budget for equipment and build-out condition
Kitchen equipment, refrigeration, and the dining room wear and date; tour it with someone who knows the gear.
Frequently Asked Questions
Answers to common buyer questions for this market.
Yes, but they're scrutinized closely because margins are thin and failures common. Verifiable cash flow, a transferable lease, and systems that run without the owner make the difference.