Chicago, IL
$75,000
Businesses in Chicago, IL For Sale
Local Info
$75k For Low Rent, $6.5k/wk Avg. Sales, Sub#1 Fran For Sale In Chicago
Proven Smoke Shop Model For Sale
Chicago, IL
$590,000
Exciting Opportunity: Established Med Spa!
Chicago, IL
$90,000
Excellent & Consistent Profits: Property Damage & Restoration -Chicago
Chicago, IL
$375,000
Auto Repair & Tire Sales & Service
Chicago, IL
Not Disclosed
Cash Flow: $247,198
Luxury Corporate Housing
Chicago, IL
$9,900,000
Vape Store Sale In Nw Subs. Chicago, Cook County
Chicago, IL
$50,000
2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago
Chicago, IL
$650,000
2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago
Chicago, IL
$474,000
Sub#1 Franchise For Sale In Downtown Chicago Cook County
Chicago, IL
$299,000
FranchiseSharkeys Cuts for Kids
Available Nationwide
$119,995
Sub#1 Franchise For Sale In Chicago Cook County
Chicago, IL
$75,000
2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago, Co
Chicago, IL
$275,000
7 High Volume Sub#1 Franchises , Chicago ?For Sale As A Package
Chicago, IL
$1,474,000
Sarpino's Pizza For Sale In Chicago, Cook County
Chicago, IL
$195,000
High-Volume Bar & Restaurant Franchise Chicago, IL - Sales Over $5.2M!
Chicago, IL
$3,999,000
Dave Perkins
We are intermediaries.
Serving Cook County, IL
Abstract Business Advisors, LLC is a specialty healthcare advisory firm offering our clients a unique advantage over traditional brokerage firms who handle mergers & acquisitions. Our team of professionals has over 100 years of combined health care business ownership and experience allowing us a comprehensive understanding of the industry. Over 24 years in business and more than $2.5B in transactions! At Abstract Business Advisors, LLC, we feel what sets us apart from other health care M&A firms, brokers, and brokerage firms, is our dedication to our clients both on the Buyer and Seller side. In addition to paying attention to details, it is crucial that we pay close attention to the health care laws, as well as the pending changes that could affect values in the health care world. We know the issues critical to the healthcare industry — reimbursement, government regulations, information systems, product technology, and market trends — issues that directly impact who’s buying, who’s selling, why, and for how much. As professional healthcare M&A advisors, we understand that our valuation methods and processes are our responsibility as a trusted partner. Starting with your price expectations, we identify and rate the market realities you are facing. Our marketing objective is to reach qualified buyers and sellers with an accurate and consistent business profile. Abstract Business Advisors, LLC assists clients through the acquisition or selling process step-by-step. Strong seller and buyer emotions are a reality of any type of business transaction. Effective emotion management is a trademark characteristic of a successful closing. As situations arise, we provide objective analytical views. When your expectation issues are on the negotiating table; you are at your highest level of outcome risk. In these situations, you have the assurance that our firm’s negotiating experience and all of our resources are directed toward successfully preserving your interests.
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80,575Profit; minority owners wanted- City & State Contracts
Chicago, IL
$625,000
Liquor Store, C-Store - Full Deli & Gaming - Cash Flow $250K
Chicago, IL
$650,000
Established Corner Bar/ Restaurant Concept
Chicago, IL
$195,000
New Well Established Chicago, IL CPA Practice w/ staff Listing IL2425
Chicago, IL
$599,000
FranchiseClothes Mentor®
Available in Illinois
$100,000
Established Vending Machine Route Seller Financing with 50% down
Chicago, IL
$1,500,000
Premier Restoration Solutions Company, Contents & Packout!
Chicago, IL
$295,000
Upscale Direct Mail Franchise For Sale
Chicago, IL
$50,000
Shareef Food & Liquor
Chicago, IL
$350,000
River North Boxing + Fitness - River North Chicago
Chicago, IL
$250,000
Very High Volume Sub#1 Franchise For Sale In South Loop
Chicago, IL
$210,000
Vending Machines & Locations Throughout Chicago.
Chicago, IL
$53,000
Buy or Sell a Business in Chicago, Illinois
Chicago's economy is thriving, making it an attractive location for those looking to buy a business. The city is known for its diverse industries, from finance and technology to manufacturing and healthcare. If you are considering purchasing a business in Chicago, IL, the following data can provide some context for your decision-making process.
Market Snapshot
We have aggregated data from business for sale listings in Chicago to give you a sense of the market. Keep in mind, this is a dynamic marketplace, so numbers will fluctuate. However, this data can give you a general idea of the types of businesses, price ranges, and financial performance you can expect.
|
Number of Businesses for Sale |
~240 |
|
Median Asking Price |
$450,000 |
|
Median Reported Revenue |
$810,000 |
|
Median Reported Earnings |
$200,000 |
|
Profit Margin |
24% |
|
Earnings Multiple |
2.3 |
|
Revenue Multiple |
0.6 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
How many businesses are currently for sale in Chicago?
At present, there are approximately 240 businesses available for sale in Chicago. This vibrant market offers a diverse range of opportunities for prospective buyers. Many of these businesses may be listed for sale blindly to maintain confidentiality, so a broader Cook County or Chicago Metro Area search may be needed to find them.
What types of businesses are most commonly listed for sale in Chicago?
The Chicago business market is diverse, with the following types of businesses frequently listed:
- Food and Restaurants: around 60
- Retail: around 30
- Service Businesses: around 30
- Building and Construction: around 20
- Health Care and Fitness: around 20
Additionally, there are Automotive and Boat, Beauty and Personal Care, Manufacturing, Transportation and Storage, Education and Children, as well as Online and Technology businesses each with around 10 listings.
What is the average asking price for these businesses?
The median asking price for businesses in Chicago is $450,000. This number provides a benchmark for buyers, yet actual prices can vary significantly depending on specific factors such as location, industry, and profitability.
What are the average revenue and earnings of these businesses?
The median reported revenue for these businesses is approximately $810,000. With an average profit margin of 24%, the median reported earnings stand at $200,000. These figures underscore a healthy business climate in Chicago.
What are the asking valuation multiples?
In the Chicago market, the median earnings multiple is 2.3 on the asking price, and the revenue multiple is 0.6. It is crucial to understand that these multiples can vary widely across different industries and individual business attributes.
For business owners in Chicago looking to sell their businesses, what options do they have?
Business owners in Chicago can take two primary routes to sell their businesses. Most business owners will hire a business broker, who typically charges a fee ranging from 10% to 15% of the sale price. Business brokers can add significant value through their expertise in valuation, marketing, and negotiating deals. Alternatively, some business owners might choose to list the business for sale directly and manage the sale process on their own to avoid broker commissions. This approach requires a greater level of involvement and understanding of the sales process and is suitable for business owners who have the time and resources to handle it. Overall, both options can be viable depending on the specific needs and goals of the business owner.
