Buy or Sell a Business in Buffalo Grove, Illinois

Your complete guide to business transactions in an affluent northwest suburb. Diverse community, strong retail corridors, and excellent quality of life.

Buffalo Grove Business Market at a Glance

42K
Population
2,100+
Total Businesses
$315K
Avg. Sale Price
9 mo
Median Time to Sell

Buffalo Grove Economic Overview

Buffalo Grove is an affluent northwest suburb known for its diverse community, excellent schools, and high quality of life. The village spans both Lake and Cook counties, offering a mix of residential neighborhoods and commercial areas.

The village features strong retail corridors along Dundee Road and Milwaukee Avenue, with a mix of national retailers and local businesses. Buffalo Grove's diverse population, including a significant Asian community, supports specialty restaurants and services. Corporate offices and business parks provide B2B opportunities.

Buffalo Grove Business Market Data

MetricValue
Population41,496
Median Household Income$115,000+
Total Businesses2,100+
Average Business Sale Price$315,000
Median Time to Sell9 months
Top IndustriesRestaurants, Retail, Healthcare, Professional Services, Personal Services
RegionChicagoland (Northwest Suburbs)

Selling a Business in Buffalo Grove

Buffalo Grove Seller Advantages

  • Affluent market: High household incomes
  • Diverse community: Multicultural customer base
  • Strong schools: Attracts families
  • Corporate presence: B2B opportunities

Buying a Business in Buffalo Grove

Buffalo Grove Buyer Advantages

  • Premium customers: High spending power
  • Ethnic markets: Specialty business opportunities
  • Quality workforce: Educated suburban talent
  • Stable community: Low turnover

Buffalo Grove Business Resources

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