Buy or Sell a Business in Mattoon, Illinois

Your complete guide to business transactions in Coles County. Manufacturing hub, regional center, and Lake Land College community.

Mattoon Business Market at a Glance

17K
Population
600+
Total Businesses
$145K
Avg. Sale Price
14 mo
Median Time to Sell

Mattoon Economic Overview

Mattoon is a city in Coles County with a strong manufacturing heritage and diverse economy. Home to Lake Land College and near Eastern Illinois University, the city serves as a regional center for east-central Illinois.

Major employers include manufacturing facilities, healthcare providers, and educational institutions. The city features a historic downtown and serves the surrounding agricultural region with retail and services.

Mattoon Business Market Data

MetricValue
Population17,290
Total Businesses600+
Average Business Sale Price$145,000
Median Time to Sell14 months
Top IndustriesManufacturing, Retail, Healthcare, Restaurants, Professional Services
RegionEast-Central Illinois / Coles County

Selling a Business in Mattoon

Mattoon's manufacturing base and regional hub status create opportunities for sellers of various business types.

Mattoon Seller Advantages

  • Regional center: Serves large rural area
  • Manufacturing base: Industrial economy
  • College presence: Student and faculty market
  • Affordable market: Attracts diverse buyers

Buying a Business in Mattoon

Mattoon offers very affordable business opportunities for buyers seeking a regional market in east-central Illinois.

Mattoon Buyer Advantages

  • Very affordable: Low acquisition costs
  • Regional market: Serve large geographic area
  • Stable economy: Manufacturing and education base
  • Lower competition: Less saturated market

Ready to Buy or Sell in Mattoon?

Get expert guidance for your Mattoon business transaction.