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.
60 results
Bars, Pubs & Taverns
Bars, Pubs & Taverns
Longstanding Neighborhood Bar with Thriving Outdoor Beer Garden
DuPage County, Illinois, United States
DuPage County, IL, US
Established neighborhood bar and nightlife destination located in a highly desirable downtown suburban market. Operating continuously since 1964, the business has developed a strong local reputation and remains a well-known gathering place for both longtime patrons and new visitors alike. The business offers beer, cocktails, and a casual social atmosphere, highlighted by a large outdoor beer garden added in 2017 that provides a differentiated customer experience within the local market. Situated within a vibrant downtown entertainment district surrounded by restaurants, retail, and nightlife venues, the business benefits from consistent foot traffic, strong community visibility, and a loyal customer base. Its longstanding presence and recognizable brand identity have positioned it as a staple within the local community. The current owner works approximately 40 hours per week and manages day-to-day operations, including staff oversight, payroll, and vendor coordination. The business operates under a straightforward and proven beverage-focused model, making it well suited for an owner-operator or hospitality-focused buyer seeking an established, turnkey operation with significant community goodwill. The bar and nightlife industry continues to benefit from consumer demand for social, experience-driven destinations, particularly venues with strong neighborhood character and outdoor gathering spaces. This business is especially well positioned due to its decades-long operating history, loyal clientele, and highly visible location. Opportunities for future growth include introducing a food program, expanding private events and parties, and further utilizing the outdoor beer garden for seasonal programming and entertainment. An ideal buyer would value hospitality, community engagement, and the opportunity to build upon the business’s longstanding reputation while bringing fresh ideas and energy to the operation
$250,000Asking Price
-Revenue
-Cash Flow
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Pizza Restaurants
Pizza Restaurants
Chicagoland Pizzeria Franchise Restaurant at Deep Dish Discount!
St Charles, Illinois, United States
St Charles, IL, US
Chicagoland Pizzeria Franchise Restaurant Chicagoland Location for Private and Confidential Review Only Executive Summary This is a rare opportunity to acquire a well-established franchised sit-down restaurant with a full bar with built in sales of $1.5 million in the Chicagoland market. One of Chicago’s most iconic and beloved restaurant brands, famous worldwide for its authentic Chicago-style pizza. Owning this franchise provides the powerful combination of instant brand recognition, a proven operating system, and strong ongoing franchisor support — significantly reducing the risk compared to starting an independent restaurant. This business benefits from loyal local customers, tourist traffic, and the enduring appeal of its Chicago’s signature pizza. It represents a turnkey investment in a premium, high-recognition brand with strong cash flow potential. ________________________________________ The Brand Founded over 50 years ago in Chicago, it introduced its now-famous pizza — a recipe passed down through generations with roots in Italian tradition. Today, this franchise is synonymous with authentic Chicago pizza and is consistently ranked among the best pizzerias in America. The brand enjoys: • Strong national and international recognition • Fierce customer loyalty • High average table checks ($30–$44) • Proven multi-generational appeal to families, tourists, and locals This franchise is more than a restaurant — it is a Chicago institution that delivers a unique dining experience that competitors cannot easily replicate. ________________________________________ The Value of Franchise Ownership Investing in this franchise offers significant advantages over independent operations: • Instant Brand Equity — Customers already know and love the name. No need to build awareness from scratch. • Proven Business Model — Decades of refined operations, menu development, and supply chain relationships. • Comprehensive Support — Training, marketing programs, and ongoing operational assistance from the franchisor. • Lower Risk — Franchisees benefit from the collective strength of the brand and system-wide best practices. • Scalability — Opportunity to expand within the Chicagoland market or pursue additional territories. • Low Cost of Entry- The franchisor has one of the lowest entry fees for new franchisees Franchise ownership allows entrepreneurs to focus on execution and local market leadership while leveraging one of the strongest restaurant brands in the Midwest. ________________________________________ Business Highlights • Prime Chicagoland location with established customer base in upscale community • Recognized pizza and full menu offering plus full bar • Experienced staff and operational systems in place • Strong historical performance typical of these franchise locations ($1.5 million in sales) • Significant growth potential through catering, online ordering, and local marketing including social media and charity events ________________________________________ Investment Opportunity This represents an excellent opportunity for an owner-operator or investor group seeking a lifestyle business or portfolio addition in the restaurant sector. The buyer will benefit from immediate cash flow, brand strength, and the long-term value of owning a piece of Chicago’s culinary heritage. SBA pre-approved and limited seller financing available. All inquiries are strictly confidential. Financial performance details, lease information, and full due diligence materials will be provided upon execution of a Non-Disclosure Agreement (NDA) and qualification.
$329,000Asking Price
$1,400,000Revenue
$70,000Cash Flow
Other Restaurants & Food
Other Retail
Other Restaurants & Food
+1
Long Standing Profitable Meat Market and Specialty Food Shop
Illinois, United States
IL, US
This long-standing, family-owned business has been operating successfully for 50 years, spanning three generations of ownership. It has grown significantly over the decades, offering an expanded range of products and services while maintaining its reputation for old-fashioned customer care. The business has earned the loyalty of its customer base, built on trust, high-quality service, and commitment to the local community. This is an excellent opportunity for someone looking to step into a well-established, thriving business with a rich history and a strong community presence. With the room for expansion, there is are many opportunities for growth. Real estate potentially available for interested buyers.
$335,000Asking Price
-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.
$2,700,000Asking Price
-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
$1,750,000Asking Price
$3,524,867Revenue
$100,192Cash 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.
$29,900Asking 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
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.
$279,000Asking 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$453k
Median cash flow$80k
Median sale price$130k
Multiple range1.2x - 2.5x
$500K to $2M
Median revenue$1.49m
Median cash flow$272k
Median sale price$750k
Multiple range2.1x - 3.4x
Over $2M
Median revenue$4.44m
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.