Food & Beverage
North Suburb of Chicago, IL
Financial summary
Comparable pricing
28% below marketComparable Food & Beverage businesses sell at a median of 2.5x SDE, based on 1860 listings. This one asks 1.8x, about 28% below that median. At the comparable median it would price ~$416K.Methodology refines over time.Comparable Food & Beverage businesses sell around $416K vs this $300K ask.
Methodology refines over time.
SBA financeability
Businesses in food services & beverage retail are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.
Food Services & Beverage Retail benchmarks
Typical SBA leverage
71%
Industry charge-off
1.3%
Common term
10 yr
Median loan
$269,200
Active lenders in this category: The Huntington National Bank, U.S. Bank, National Association, Manufacturers and Traders Trust Company.
Based on 52,309 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.
Detailed information
low multiple and priced below 1.5x revenue.
Linked page lives on the broker site, not on OpenAcquisitions.
Key points
Business description
Long-Established Highly-Acclaimed Restaurant North Suburb of Chicago - Sales Over $2.9M! "In A Highly Visible Freestanding Building Along One Of The North Shore's Premier Commercial Corridors" A rare opportunity to acquire one of Chicagoland's most respected chef-owned restaurants with decades of success and an exceptional reputation throughout the region. Its highly acclaimed farm-to-table concept has built a loyal following over 20 years by combining culinary flair with locally sourced ingredients and a warm, neighborhood-focused dining experience. Founded and operated by two nationally recognized culinary professionals, the restaurant has become a dining destination known for its seasonal menus, unwavering focus on quality and commitment to sustainable agriculture. Offering a mouthwatering menu of elevated American cuisine prepared with classic culinary techniques and fresh locally sourced ingredients. Menu Highlights Drink Highlights In a warm and inviting space with an upscale yet approachable atmosphere that appeals to a broad demographic including professionals, families, local residents and destination diners. Featuring a full-service bar with seating, a well-appointed dining room, a spacious outdoor patio and a private event room, plus a full commercial kitchen. In addition to an experienced team dedicated to delivering exceptional hospitality. Long established 20+ years. Independent - no royalty, advertising or transfer fees. Dine-in or out ,plus carryout or pickup. Online ordering is also available and reservations accepted. Owner operated with long time staff in place - full back-of-house team, front-of-house manager, knowledgeable wait staff and longstanding bar program. This offering presents a unique opportunity to acquire a celebrated culinary destination with a distinguished reputation, strong community presence and a proven operating model. Or bring your concept here to this incredible facility in one of the most desirable dining markets in the Midwest. Take advantage of its amazing build-out, attractive lease, experienced team, area demographics and demonstrated volume. Also perfect for a steakhouse, seafood place, Italian eatery, Asian restaurant, Greek/Mediterranean kitchen, breakfast, brunch & lunch spot, grill, gastropub, brewpub and much more. Ideal for an owner-operator, hospitality group, chef-restaurateur or investor seeking an established, highly regarded restaurant with substantial goodwill and long-term growth potential or a plug-and-play to bring their own concept to one of the strongest demographic submarkets in the Chicago metropolitan area. Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please click on the orange Contact Broker button on the right to complete the Buyer Profile form. Showings by appointment only outside of business hours. Listed By EatZ & Associates
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