Sell or Buy a Food Manufacturing Business in Illinois

Food Manufacturing Overview

Illinois is a major food manufacturing hub, with Chicago historically known as the nation's food processing center. The state's central location and agricultural resources support a diverse food production industry.

Food manufacturing businesses benefit from recurring customer orders, scalable production, and brand value. Success depends on food safety compliance, production efficiency, and distribution relationships.

Food Manufacturing Valuation

Business Type	Multiple Range	Basis
Small Batch/Artisan	2.5x - 4.0x	SDE
Private Label	3.0x - 5.0x	SDE
Branded Products	4.0x - 7.0x	EBITDA
Co-Packing/Contract	3.5x - 5.5x	EBITDA

Key Valuation Factors

FDA compliance: FSMA compliance and inspection history
Certifications: SQF, GFSI, organic, kosher certifications
Customer concentration: Diversification of customer base
Brand value: Proprietary products and recipes
Equipment: Production line capacity and condition

Selling a Food Manufacturing Business

Key Selling Considerations

Compliance records: FDA inspection history and HACCP plans
Customer contracts: Long-term supply agreements
Recipe documentation: Formulations and processes
Equipment inventory: Production line details
Staff retention: Key production and QA personnel

Illinois Regulatory Compliance

FDA Food Facility Registration
Illinois Department of Public Health Food License
FSMA Preventive Controls compliance
USDA inspection (for meat/poultry)
Environmental permits (wastewater, air quality)
Workers' compensation insurance

Complete Selling Guide →

Buying a Food Manufacturing Business

Key Buying Considerations

Compliance audit: Review FDA inspection history
Customer verification: Confirm key account relationships
Equipment assessment: Production capacity evaluation
Recipe ownership: Intellectual property transfer
Supplier relationships: Ingredient sourcing agreements

Complete Buying Guide →

Food Manufacturing Types

🍞 Baked Goods

Bread, pastries, snacks.

🥫 Packaged Foods

Canned, jarred, shelf-stable.

🧊 Frozen Foods

Frozen meals and ingredients.

🥤 Beverages

Drinks and liquid products.

🍖 Meat Processing

Meat and poultry products.

🧀 Dairy Products

Cheese, yogurt, dairy items.