Business Opportunities in Illinois

Embark on your entrepreneurial journey today in Illinois. Our state page is designed to guide you through a variety of business opportunities in the Land of Lincoln. This page presents a curated selection of businesses for sale, offering a path to business ownership that aligns with your professional goals. Start exploring here and discover the perfect franchise opportunity that paves the way to your success in Illinois.

Population per Square Mile230.8
Per Capita Income$39,571
Total Employer Establishments320,795
Total Employment5.2 million
Total Retail Sales per Capita$13,574

Illinois's population density of 230.8 people per square mile and a substantial per capita income of $39,571, suggests a ripe landscape for franchises. The state is home to 320,795 employer establishments and boasts a strong workforce of 5.2 million, with retail sales per capita at $13,574. This sets the stage for a dynamic franchising environment.

Illinois’ economy is substantial, with a real GDP of $1.0 trillion per year, accounting for 3.9% of the US economy, ranking fifth among states and Washington, DC. Notably, the agriculture, forestry, fishing, and hunting sector experienced a significant real GDP growth rate of 148.9% per year, the highest in the state, while manufacturing remains the highest GDP-contributing sector at $134.9 billion per year.

This economic backdrop offers diverse opportunities for franchises, particularly in sectors like manufacturing and agriculture-related services, where Illinois shows strong performance. Additionally, the large scale of the state's economy suggests potential in a variety of other sectors, supported by a sizable consumer base and business infrastructure.

Cities and Industries

Chicago's economy paints a promising picture for franchises specializing in business services and home-based operations. The city boasts a high average household income of $159,231, reflecting its residents' strong spending capacity. The presence of 53,311 businesses, including 2,565 company headquarters, creates a substantial demand for business services, particularly as 78.2% of the workforce are white-collar professionals. These businesses frequently require operational support, IT services, and professional development programs, which franchises can provide.

Adding to this potential is the significant annual consumer expenditure on shelter of $8.15 billion, indicating a thriving market for home-related services, enhanced by 31.5% of workers who are telecommuting. This opens avenues for home-based franchises that offer products and services catering to the home environment. Coupled with the high transportation expenditure of $6.65 billion, franchises in the automotive service sector could also see great success, serving a city where efficient transportation is vital for both personal and professional activities.

Rockford, IL, presents promising business opportunities in the food and healthcare sectors. With a significant annual expenditure of $519.68 million on food and beverages, the city offers a robust market for food-related franchises. Consider investing in fast-food chains, casual dining restaurants, or specialty eateries like coffee shops or dessert stores to cater to the diverse tastes of Rockford's population. 

Additionally, healthcare franchises such as medical clinics, fitness centers, or wellness and rehabilitation centers can thrive in Rockford, given the city's annual healthcare expenditure of $302.06 million. In the retail sectors, Rockford's substantial annual retail expenditure of $1.65 billion indicates a thriving consumer market for retail franchises. Business opportunities in this sector encompass clothing stores, electronics shops, home improvement stores, and convenience stores. 

Website Analytics

Our website analytics on visitors from Illinois reveal a high interest in business opportunities, indicated by the state accounting for 4.61% of total site visitors. However, the high bounce rate of 77.86% and a short average session duration of 50 seconds imply that while there is a clear interest, it hasn't yet translated into deeper engagement. This scenario presents a timely opportunity for potential franchisees to enter the Illinois market. Acting now could allow you to establish a foothold in this potentially under-served market, ahead of increased competition that may arise as the market becomes more saturated.

Franchise Opportunities

Discover a variety of business opportunities in Illinois by browsing our comprehensive list of franchises currently on the market. Whether you're interested in joining a well-established brand or starting something new, our selection is designed to help you find the perfect match for your entrepreneurial ambitions in the Prairie State.

See Franchises in Illinois Now
Video

Facts About Illinois

Capital: Springfield
Year of Statehood: 1818
Largest Cities: Chicago, Aurora, Rockford
Motto: State Sovereignty, National Union
Nickname: Prairie State
View Franchises Now

Move Your Small Business Forward in Illinois

  • Illinois ranked in the top 10 in the nation for four categories of competitiveness in CNBC's 2023 Top States for Business publication.  (source)
  • Illinois' economy is the 5th largest among states and Washington, D.C.  (source)
  • The state accounted for 3.9% of the US economy in the first quarter of 2023.  (source)
  • The U.S. Department of Commerce reports that Illinois' economy expanded in the first three months of 2023, with the state now producing $1.07 trillion annually, placing it among the top five states in terms of value added.  (source)

Current Opportunities in Illinois:

There is NO better business model that is designed to excel in inflation, recession, and uncertain times. We help you create the ultimate MONTHLY cash flow for years by helping companies save money when they need it. Buy a…

$ 70k Minimum Cash Required

Sniffing around for a great new opportunity? Zoomin Groomin is expanding our Mobile Pet Grooming business nationwide. Set your own schedule, be your own boss and work with pets all day. We’ll be right by your side, every…

$ 100k Minimum Cash Required

VOTED TOP PART TIME - WORK AT HOME BUSINESS! Are You Looking to Make an Additional $100,000 in the Next 12 Months - No Employees to Hire - No Equipment to Rent/Buy - No Office/Warehouse to Rent/Lease - Start Making money in…

$ 30k Minimum Cash Required

Crave is searching for franchise partners in the U.S. At Crave we offer BBQ, Hot Dogs, Self Pour Beer, Ax Throwing and so much More! We are one of the fastest growing Hot Dog franchises, winner of best southern BBQ and…

$ 80k Minimum Cash Required

American Business Systems has been America's Leader in Medical Billing with Unparalleled Training, and Support for over 25 years. $100k Potential working from anywhere, full-time or part-time. Learn more about this…

$ 30k Minimum Cash Required

Did you know you could partner with a company to build out your entire e-commerce store, from product research to inventory acquisition to marketing? Yep! You can easily make 6-7 figures in passive income when we build your…

$ 30k Minimum Cash Required

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.

We are asking for your phone number so the businesses you have requested more information from can call/text you to chat with you more about their opportunity. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about.