Your complete guide to business transactions in the Metro East's fastest-growing city. Market insights, local regulations, and expert resources.
O'Fallon is the fastest-growing city in the Metro East region and one of Illinois' most rapidly expanding communities. With approximately 32,000 residents and proximity to Scott Air Force Base, O'Fallon offers business opportunities in retail, healthcare, professional services, defense contracting, and technology.
The city benefits significantly from Scott Air Force Base, which drives demand for defense contractors, technology companies, and military-related services. O'Fallon's excellent schools, low crime rate, and family-friendly environment have attracted young professionals and families. The economy includes retail, healthcare, professional services, technology, and construction.
| Metric | Value |
|---|---|
| Population | 32,000 |
| Total Businesses | 1,500+ |
| Average Business Sale Price | $265,000 |
| Median Time to Sell | 7 months |
| Top Industries | Retail, Healthcare, Professional Services, Technology, Defense |
| Region | St. Clair County / Metro East |
O'Fallon's rapid growth and military presence create strong opportunities for business sellers. Here's what you need to know about selling in the O'Fallon market:
O'Fallon offers excellent business opportunities in a rapidly growing market. Here's what buyers should know:
Shopping centers and specialty retail.
Medical and dental practices.
Financial, legal, and consulting services.
IT services and defense technology.
Family dining and casual restaurants.
Gyms, studios, and wellness centers.
O'Fallon offers rapid population growth, Scott Air Force Base proximity, excellent schools, affordable business costs, and a young, educated workforce. The city's growth trajectory makes it attractive for expansion-minded buyers.
Scott AFB is a major economic driver, employing thousands of military and civilian personnel. This creates demand for defense contractors, technology services, retail, restaurants, and housing-related businesses. Military families provide a stable customer base.
Healthcare services, family-oriented retail, restaurants, fitness centers, and technology/defense services are in high demand. Businesses serving the growing family population and military community tend to perform well.
Yes, SBA loans are available through St. Clair County lenders. Local community banks often provide competitive terms. Seller financing is also common for qualified buyers.
Get expert guidance for your O'Fallon business transaction.