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.
56 results
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.
$29,900Asking Price
-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!
$2,800,000Asking Price
$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.
$175,000Asking Price
-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.
$130,000Asking Price
-Revenue
-Cash Flow
Other Entertainment & Recreation
Bars, Pubs & Taverns
Other Entertainment & Recreation
+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.
$279,000Asking Price
-Revenue
-Cash Flow
American Restaurants
Miscellaneous Restaurant & Bars
American Restaurants
+1
Restaurant with Bar & Gaming $2MM in Revenue & $250k in Earnings
Sangamon County, Illinois, United States
Sangamon County, IL, US
Established restaurant with bar producing nearly $2MM in revenue and $250k in earnings being an absentee owner. An operating owner could replace current management and earn over $300k per year. Huge growth potential with businesses opening nearby with 1,000 new employees. Open for lunch and dinner. Great consistent yet growing business with a good clientele. Gaming does about $100k per year net to the owner.
$655,000Asking Price
$1,850,000Revenue
$266,000Cash 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.