REAL ESTATE INCLUDED
Cumberland County, IL
For Sale – Upscale Bar & Grill with Gaming Turnkey opportunity to own a thriving bar & grill with video gaming in a prime downtown location. This 2,000 sq. ft. new construction building offers modern...
$495,000
Cook County, IL
A neighborhood staple is what you will experience owning this gem of a bar... with an upscale Video Gaming lounge with 6 video-gaming machines. This is a full-service bar which has been totally...
$600,000
REAL ESTATE INCLUDED
Elmwood Park, IL
Rare Investment Opportunity: Unlock a Thriving Bar Legacy with Rental Income Potential in Elmwood Park Address: 7463 W Diversey Ave, Elmwood Park, IL Welcome to a rare and lucrative opportunity in the...
$925,000
Schaumburg, IL
Ready to step beyond the fried ice cream and fedoras? This Mexican restaurant and bar takes authentic Latin American food to the next level! Instead of the usual cozy Mexican restaurant, this...
$549,900
Cash Flow: $132,156
Lake County, IL
modern gaming café and bar. Fully furnished with updated décor, bar fixtures, gaming machines and seating. Sale includes TVs, sound system, POS system, refrigeration, coolers, kitchen/bar equipment...
$149,000
Cook County, IL
ACTIVE WELL ESTABLISHED BAR & GRILL MUSIC VENUE SLOT MACNINES ARCADE POOL HALL VIDEO DARTS...
$300,000
REAL ESTATE INCLUDED
Joliet, IL
Prime Investment Opportunity – Turnkey Tavern with Apartment & Gaming! Own a piece of neighborhood history with this newly remodeled 2,000 sq. ft. tavern, featuring a fully operational gaming area, a...
$420,000
Wheeling, IL
This Bar and Grill for Sale offers an incredible opportunity for a new owner to step into a thriving and profitable business. With annual sales of $764,055, this well-established location provides a...
$299,000
Cash Flow: $123,723
McHenry County, IL
Are you ready to own a beloved community staple? This thriving sports bar, known for its exceptional food and family-friendly atmosphere, is now available for sale on a key corner in a growing...
$600,000
Cash Flow: $211,081
Cook County, IL
Take advantage of this rare opportunity to own a well-established bar and gaming lounge with over 40 years of local history. Recently remodeled with modern upgrades, this neighborhood staple combines...
$299,000
Available in Illinois
Lean Kitchen delivers meaningful and profitable outcomes for our franchise partners by improving the quality of life for their communities, their customers, and their families every day.
$75,000
See More FranchisesSouth Chicago Heights, IL
Gaming Cafe and Bar located in a desirable, high-visibility area, next to two big box retailers. This beautifully updated space offers a welcoming and modern atmosphere in a high traffic area. The...
$120,000
Bridgeview, IL
Opportunity of a lifetime to own a TURNKEY GAMING BUSINESS! Start making money on day 1 with extremely low expenses and a fully operational business Prime retail space across from huge Pilot truck...
$100,000
REAL ESTATE INCLUDED
Illinois
Well-established bar and grill in a growing Illinois town, operating for over 42 years. Features include six gaming machines generating $169K annually/Location Share $50K annually, pool tables, and a...
$385,000
Cash Flow: $60,000
Rock Island County, IL
This is a rare chance to acquire a fully equipped bar and grill in the heart of Reynolds, Illinois. Formerly operated as Dooder’s Bar & Grill, this property has served as a local favorite for food,...
$199,000
Indian Head Park, IL
Incredible opportunity to purchase a to-go restaurant + its adjacent bar with seating for one amazing price! A well-connected dual-space configuration. Dine-in, carryout, takeout & delivery +...
$125,000
Route Consultant
Route Consultant
Serving Cook County, IL
Our team is the definitive resource in the logistics space. With decades of combined experience working in and with logistics operations and e-commerce investments, our team and industry experts can help you learn how to identify and run route-based operations efficiently to maximize your profits. Headquartered in Nashville, TN, Route Consultant offers extensive consulting services to new and experienced route owners. These services include business valuations, operations/fleet management optimization, route efficiency analysis, and more. We operate as route brokers, maintaining an exclusive listing of routes for sale across the United States. We give each of our route sellers access to a deep pool of qualified and educated buyers.
Mundelein, IL
Psycho Brew Madness 100, 2.5 Barrel Brew Station Three kettle system with temperature control, wort chiller 4 Psycho Brew 3bbl. (4bbl) Jacketed fermenters, clean in place wand, rack arm, spray ball,...
$45,000
Hickory Hills, IL
For Sale: Popular Bar & Nightclub in Hickory Hills Here’s your chance to take over a well-loved bar and nightclub that’s already pulling in more than $500K a year—while only open three nights a week!...
$300,000
Joliet, IL
$1,350,000
Boone County, IL
$150,000
REAL ESTATE INCLUDED
Madison County, IL
$1,575,000
Available in Illinois
$75,000
Elmwood Park, IL
$199,000
New Lenox, IL
$500,000
Oak Forest, IL
$310,000
Lake County, IL
$150,000
Peoria County, IL
$650,000
REAL ESTATE INCLUDED
Springfield, IL
$595,000
Elgin, IL
$149,000
Sangamon County, IL
$259,000
REAL ESTATE INCLUDED
South Suburban, IL
$9,999,000
Chicago, IL
$295,000
Available Nationwide
$350,000
Genoa, IL
$69,000
Chicago, IL
$590,000
REAL ESTATE INCLUDED
Harvel, IL
$155,000
Peoria, IL
$165,000
Decatur, IL
$55,000
Available in Illinois
$350,000
Will County, IL
$450,000
Joliet, IL
$195,000
Chicago, IL
$3,999,000
Logan County, IL
$170,000
Peoria, IL
$170,000
BRUCE THOMPSON
First Choice Business Brokers
Serving Madison County, IL
Are you looking to buy or sell an existing business in the St Louis Metro area? Then you have come to the right place! Established in 1994, First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of over $7.5 billion in businesses for sale. Buyers and sellers alike can enjoy the accessibility and expertise of a national network of professional business brokers and the largest inventory of businesses available for sale. We have the experience, knowledge, and dedication you’re looking for when it comes to professional representation. Our knowledgeable professionals bring value to every transaction creating a near seamless transition of ownership between buyer and seller. Sellers - If your goal is to sell an existing business in the St Louis Missouri area then First Choice Business Brokers is the only choice for you. From guidance in preparing your business for sale, expert market valuation with proven methods to a smooth transition of ownership to a buyer we will be with you every step of the way. As experienced business brokers, we know you've worked hard to achieve success. That's why you deserve experienced, licensed professionals who specialize in business sales – you need First Choice Business Brokers. We are large enough to offer Buyers the greatest selection of available businesses for sale, yet small enough to give Sellers individual attention. Buyers - If you are looking to purchase an existing business, we will walk you through the entire buying process and be with you every step of the way. From searching for the perfect business to a smooth transition of ownership from the seller to you, we go the extra mile for our clients which has earned us the much deserved reputation of unsurpassed service and professionalism with a personal touch. And with the largest national list of exclusive businesses for sale, we are confident we can help you find the business you're looking for. All First Choice Business Brokers have completed extensive training through FCU (First Choice University) and attend on-going continuing education making our Business Broker Professional among the most highly trained experts in the field of business evaluation, business sales, business marketing and buy/sell negotiations to satisfy both buyers and sellers alike. This is just one reason why we're The World’s Authority in Business Sales. In summary, if you have a business you would like to sell or are ready to buy a business, we would be proud to be your “first choice” for buyer or seller representation in the St Louis Missouri area. Contact First Choice Business Brokers today to find out more to discuss your goals!
McHenry County, IL
$150,000
REAL ESTATE INCLUDED
Verona, IL
$1,599,000
DuPage County, IL
$750,000
Chicago, IL
$195,000
Peoria County, IL
$450,000
Available Nationwide
$200,000
De Soto, IL
$1,000
McHenry County, IL
$1,224,000
Crest Hill, IL
$349,000
Genoa, IL
$69,000
Evanston, IL
Not Disclosed
Bars, Pubs, and Taverns offer a unique business model that combines the service industry with alcoholic beverage sales. They provide a space for people to socialize, relax, and enjoy drinks either alone or in groups. Bars are often a core part of their community and can bring in significant revenue when managed efficiently. If you’re interested in buying or selling a bar business, it helps to have some context on pricing and valuations in the current market. To provide that context, we have aggregated data from listings of Illinois bars for sale and derived financial and valuation metrics below.
Market Snapshot
The financial data presented here is an aggregation of listing averages and should be used as a guide rather than a rule. It's essential to conduct thorough research on the specific market and location before making any significant business decisions.
|
Number of Businesses Analyzed |
27 |
|
Median Asking Price |
$562,250 |
|
Median Reported Revenue |
$813,097 |
|
Median Reported Earnings |
$192,500 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Illinois Bar Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.27 |
3.95 |
|
Median |
0.42 |
4.02 |
|
Upper Quartile |
0.99 |
4.35 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Get in-depth market insights into valuation multiples and trends in our report: Bar & Pub Business Valuation Metrics and Financial Benchmarks.
FAQs
How much does it cost to buy a bar in Illinois?
The median asking price for an established bar business is $562,250, though prices range from around $60,000 to nearly $4,000,000.
How much do bar owners typically earn?
The median reported revenue among Illinois bars for sale are $813,097 and owners earn a median of $192,500, which includes the owner's salary and any other financial benefits they receive.
How do I value a bar?
There are several ways to value a bar business, but buyers and investors typically hinge their evaluation on a multiple of earnings and revenue. Based on our most recent analysis of Illinois bar for sale listings, revenue multiples range from 0.27 to 0.99, with a median of 0.42. Earnings multiples range from 3.95 to 4.35, with the median at 4.02. This means the average bar or pub in Illinois may sell for around 0.42 times its annual revenue, and 4.02 times its annual owner earnings.
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