Businesses For Sale in Elgin IL Area

Find a Small Business for Sale in Elgin IL

If you are looking to start a new business in the Elgin IL area finding a business opportunity or buying a local established business for sale can be one of the best ways to start your own business. Buy a profitable, established, local business for sale with a customer base and earnings. Optionally, you can find a franchise opportunity or an existing franchise for sale in Elgin IL which will get you some training and support form the franchisor along with some assistance in business setup, marketing and even financing as most franchisors have established relationships with small business lenders or have a streamlined loan approval process from SBA approved lenders. While it is harder for new small businesses to generate cash flow and/or to obtain business loans, if you are buying a local small business on sale or an existing franchise on sale with revenue and cash flow, you may be able to qualify for financing from local banks or small biz lenders to obtain a business startup loan, which makes it easier to buy and grow an existing small business.

Buying a Small Business from a Business Broker vs a Business Owner in Elgin

Many potential business buyers search online for a Elgin IL business for sale by owner and and may be it is because many potential buyers are led to believe that they can get a better deal, if they buy the business directly from the business owner rather than buying it from a broker. However, most small biz owners are hard core entrepreneurs and in reality and the way human nature works, most sellers will always want a higher price and many sellers price the business higher than what it is actually worth, whereas an experienced broker will price it based on the market metrics and valuation, so that they can sell the business quickly because keeping a business on market for too long by pricing it disproportionately higher can be counter productive. Secondly, despite websites and marketplaces like our's which facilitate any business owner to sell a business directly, most businesses are still sold through brokers and hence no FSBO websites & marketplaces have been successful. Also a very few businesses listed by owners eventually get sold because most sellers price it higher than what it is worth or do not use real valuation metrics, whereas an experienced broker in the Illinois related industry will price it based on the market metrics and valuation, so that they can sell the business quickly because keeping a business on market for too long can be counter productive. Hence, buying a business from a qualified Elgin IL area business broker can be beneficial contrary to what some buyers tend to think. Find Elgin business for sale opportunities below listed by for sale by a small biz owner or by Illinois business brokers.

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Illinois Business Listings

  • Beauty-Fitness
    Established Profitable Chicago StretchLab Franchis
    $295,000
     South Elgin Illinois USA

    StretchLab, a leader in the assisted stretching industry and featured in Entrepreneur Magazines Fra...

    StretchLab, a leader in the assisted stretching industry and featured in Entrepreneur Magazines Franchise 500, is now available for acquisition. This is your opportunity to take over a successful Business dedicated to enhancing client well-being thr...

    Beauty Fitness Centers Clubs Gyms Personal Training Beauty & Fitness
         
  • Retail
    Premier Gold, Coins, & Valuables Pawn Shop for
     Chicago Illinois USA

    Established in 2008, this Company is dedicated to providing customers with fair market valuations fo...

    Established in 2008, this Company is dedicated to providing customers with fair market valuations for their cherished items, including rare coins, various precious metals, and a range of collectibles. With four retail locations in Chicago, they pride...

    Gold Coin Pawn Retail
         
  • Technology
    Popular Robotic Integration Business For Sale!!
    $3,750,000
     Rock Island Illinois USA

    Profitable, fast growing robotic integrator for sale. 3D tool design, robotic integration, PLC progr...

    Profitable, fast growing robotic integrator for sale. 3D tool design, robotic integration, PLC programming and so much more!! Great Midwest location. Businesses for Sale Technology

    Tech Automation Robotics Technology
         
  • Pet
    Full Service Veterinary Clinic
    $195,000
      Illinois USA

    Since the 1960's this well established and trust veterinary clinic has served the southeastern quart...

    Since the 1960's this well established and trust veterinary clinic has served the southeastern quarter of Illinois. A large majority of the business derives from small animals with only a small percent dedicated to the treatment of livestock. For the...

    Veterinary Pet
         
  • Financial
    Established Accounting Firm
    $250,000
      Illinois USA

    This is an impressive, well-respected accounting firm, located in south western Illinois, has been i...

    This is an impressive, well-respected accounting firm, located in south western Illinois, has been in operation for over 52 years. This firm specializes in accounting services, auditing, check writing, income tax preparation, payroll tax preparation,...

    Accounting Tax Financial
         
  • More Listings ...

     

    IL Franchise Opportunities for Sale

    • Franchise Opportunities
      Amramp Franchise
      $140,000+

      Amramp franchise owners enjoy a rewarding career improving the quality of life for people with mobil...

      Amramp franchise owners enjoy a rewarding career improving the quality of life for people with mobility challenges in their home setting. Seniors are the largest & fastest growing segment of the population. Sell and rent wheelchair ramps & ot...

      Mobility Special Needs Franchise Opportunities
           
    • Franchise Opportunities
      Freshii Franchise
      $200,000+

      Freshii is on a mission to help the citizens of the world live better, by making healthy food conven...

      Freshii is on a mission to help the citizens of the world live better, by making healthy food convenient and affordable. Freshii's broad and diverse menu of bowls, wraps, salads, burritos, smoothies, soups and juices has created a loyal following of ...

      Food Restaurants QSR Restaurants Franchise Opportunities
           
    • Franchise Opportunities
      Restoration 1 Franchise
      $77,950+

      Restoration 1 is a low-cost opportunity with a proven, recession-resistant business model that is ea...

      Restoration 1 is a low-cost opportunity with a proven, recession-resistant business model that is easy to scale and easy to own. Restoration 1 franchise is the fastest growing restoration franchise in the nation offering fire, water, and mold damage ...

      Remodeling Restoration Home Improvement Maintenance Franchise Opportunities
           
    • Franchise Opportunities
      McAlister's Deli Franchise

      For more than 30 years, McAlister's Deli has been a place where everyone feels welcome. McAlister's ...

      For more than 30 years, McAlister's Deli has been a place where everyone feels welcome. McAlister's Deli proudly offers real, handcrafted food made from fresh, wholesome ingredients. Every sandwich, salad, and spud is made special by the crew with ge...

      Food Restaurants Delis Sub Sandwich Franchise Opportunities
           
    • Franchise Opportunities
      Seniors Helping Seniors Franchise
      $86,785+

      Seniors Helping Seniors in-home care service was founded in 1998 as a way for like-minded individual...

      Seniors Helping Seniors in-home care service was founded in 1998 as a way for like-minded individuals to help each other age more happily and gracefully. Matching those who need a hand with mature, active men and women with a passion for helping othe...

      Health Care Senior Care Franchise Opportunities
           
    • Franchise Opportunities
      Jersey Mike's Franchise
      $178,523+

      Jersey Mike's, a fast-casual sub sandwich franchise with more than 1,500 locations open nationwide, ...

      Jersey Mike's, a fast-casual sub sandwich franchise with more than 1,500 locations open nationwide, believes that making a sub sandwich and making a difference can be one and the same. Jersey Mike's offers a Sub Above, serving authentic fresh sliced ...

      Food Restaurants Sandwich Sub Franchise Opportunities
           
    • Franchise Opportunities
      Dunkin Franchise
      $245,000+

      Founded in 1950, Dunkin' is America's favorite all-day, everyday stop for coffee and baked goods. Du...

      Founded in 1950, Dunkin' is America's favorite all-day, everyday stop for coffee and baked goods. Dunkin' is a market leader in the hot regulardecafflavored coffee, iced regulardecafflavored coffee, donut, bagel and muffin categories. The company has...

      Food Restaurants Coffee Bagel Donut Franchise Opportunities
           
    • Franchise Opportunities
      servpro Franchise

      Since 1967, the SERVPRO Franchise System has been a leader in fire and water cleanup and restoration...

      Since 1967, the SERVPRO Franchise System has been a leader in fire and water cleanup and restoration services, and mold mitigation and remediation. SERVPRO's network of more than 1,700 individually owned and operated Franchises responds to property d...

      Construction Remodeling Restoration Mold Remediation Maintenance Franchise Opportunities
           
    • Franchise Opportunities
      Denny’s Franchise

      For over 60 years, Dennys has been the trusted leader in family dining. Today, Dennys is a true ic...

      For over 60 years, Dennys has been the trusted leader in family dining. Today, Dennys is a true icon, with brand awareness of almost 100%. We cheerfully serve millions of guests a month in our more than 1,700 restaurants worldwide. We serve a varie...

      Franchise Opportunities
           
    • Franchise Opportunities
      Any Lab Test Now Franchise
      $113,100+

      Any Lab Tests Now is the nations first retail, direct access lab testing company that offers thousa...

      Any Lab Tests Now is the nations first retail, direct access lab testing company that offers thousands of lab tests in one place. We make it easy for consumers to take control of their health by empowering them to purchase lab tests with affordable,...

      Health Care Medical Medical Testing Franchise Opportunities
           
    • Franchise Opportunities
      J.D. Byrider Franchise
      $825,480+

      J.D. Byrider is the nations leading used car and finance enterprise. The company integrates vehicle...

      J.D. Byrider is the nations leading used car and finance enterprise. The company integrates vehicle sales and financing because it provides the franchisee greatest control of the business and the ability to sell to any customer they want or feel is ...

      Auto Dealers Franchise Opportunities
           
    • Franchise Opportunities
      Moe's Southwest Grill Franchise
      $30,000+

      Moe's Southwest Grill is a top-ranking fast casual concept. With 20+ ingredients inspired by the Sou...

      Moe's Southwest Grill is a top-ranking fast casual concept. With 20+ ingredients inspired by the Southwest, it doesn't matter if you're vegetarian, vegan, or gluten free - Moe's Southwest Grill has something for everyone. With fast-growing off premis...

      Food Sub Sandwich Restaurants Franchise Opportunities
           
    • Franchise Opportunities
      Sirius Day Spa Franchise
      $477,950+

      Sirius Day Spa is a national day spa franchise that provides luxury spa services at an affordable pr...

      Sirius Day Spa is a national day spa franchise that provides luxury spa services at an affordable price. At Sirius Day Spa our goal is simple - provide all of those luxurious spa services that everyone desires, under one roof, in convenient locations...

      Fitness Day Spa Franchise Opportunities
           
    • Franchise Opportunities
      uBreakiFix Franchise

      Founded in 2009, uBreakiFix specializes in the repair of small electronics, ranging from smartphones...

      Founded in 2009, uBreakiFix specializes in the repair of small electronics, ranging from smartphones, game consoles, tablets, computers, and everything in between. Cracked screens, software issues, camera issues, and most other problems can be repair...

      General Service Equipment Repair Franchise Opportunities
           
    • Franchise Opportunities
      Zaxby's Franchise
      $367,700+

      Two boyhood friends had the idea to give wings and fingers a shot at the big time - promoting them f...

      Two boyhood friends had the idea to give wings and fingers a shot at the big time - promoting them from appetizers to entrees. So Zach and Tony rubbed two nickels together and opened a restaurant in the college town of Statesboro, GA. Many years and ...

      Food Restaurants QSR Restaurants Franchise Opportunities
           

     

     

    How to Sell my Elgin Business?

    Are you a Elgin, IL area small biz owner interested in selling a small business, franchise, service, company, store, shop in Elgin? Advertise your small business for sale listing to Sell a Small Business Online for a LOW listing fee and No Commissions - Seller Testimonials - If you are a broker or a real estate agent, signup for a multiple listing account to Get Business Broker Leads

    Selling a Business in Elgin

    If you are a small business owner interested in selling your business by yourself in Elgin, IL area, then first of all you need to get proper valuation for your business, which either you can do yourself with a software or by using valuation metrics that are available online for most business types and/or hire a professionally qualified local Elgin business broker or an analyst. Selling a business can be a lot of work and can take a long time - if you do not want to hire a business broker then you need to do additional marketing, tracking and monitoring leads - there is more to it than just listing it on a few websites. This in itself is a process and can take a lot of your time. Selling a business can also be once in a lifetime event for most people and no matter how well versed you are with your business and the process of selling it, one small mistake may lead to a huge loss or a botched deal, it is recommended that you always seek advice from a business professional such as licensed broker, M&A advisor, consultant, small business accountant or a lawyer with regards to verification of finances, drafting contracts and negotiation.

     


     

    Disclaimer: Elgin, IL area business for sale listings and other Illinois small business opportunities advertised on this page are classified ads listed by a local small biz owner or by a Elgin, IL business broker. The site has not verified the information in listings and is not responsible for the validity of information, pricing or for any inaccuracies. By using this website or the advertiser contact form, you agree to assume the responsibility for verification of information and for further communication with the advertiser or for any transactions you may conduct with them - the site is not involved with any transactions.