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					BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q2 2012

DATA SET 1: BizBuySell Active Listings - Business for Sale Data

                                                   Median Asking                                 Avg. Multiple of                            Avg. Multiple of
     Business Type                   N               Sale Price          Median Revenue             Revenue           Median Cash Flow         Cash Flow                                          Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q2 2012
Retail - Restaurant                  98           $          190,500     $          540,590                    0.43    $           97,350                 2.67                                     The median asking price for businesses for sale in this market on BizBuySell was $249,000.
Retail - Other                      119           $          220,000     $          412,870                    0.72    $           81,651                 2.96                                    These businesses had a median revenue of $466,206 and a median cash flow of $100,410.
Service                             221           $          265,000     $          434,655                    0.83    $          100,000                 3.02                                    Owners asked for, on average, a revenue multiple of 0.79 and a cash flow multiple of 3.02.
Manufacturing                        33           $          350,000     $          660,000                    0.88    $          125,000                 3.45
Other                                51           $          395,000     $          500,000                    1.37    $          137,145                 3.61
Total                               522           $          249,000     $          466,206                    0.79    $          100,410                 3.02                                     BizBuySell analyzed 53 closed transactions in this market in Q2 2012. Businesses sold for a
                                                                                                                                                                                                  median sale price of $150,000. On average, this is 0.90 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $400,000 and a median cash flow of $80,000. Business buyers paid
           Price                  Number              % of Total                                                                                                                                  on average 0.41 times revenue and 2.09 times cash flow.
$0 - $50,000                         36                            7%
$50,001 - $100,000                   65                           12%
$100,001 - $200,000                 125                           24%
$200,001 - $300,000                  80                           15%
$300,001 - $500,000                  76                           15%
$500,001 - $1,000,000                70                           13%
$1,000,001+                          70                           13%
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DATA SET 2: Recently Closed Transactions Examples*
                                 Business                                                                                                                                         Total Closed                                                                                              Revenue                            Cash Flow
     Business Type               Subtype                                       County              Ad Headline                                                                    Transactions           Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow      Multiple
Summary data for all closed transactions                                                                                                                                              53          $             150,000      $            215,000               0.90    $     400,000                 0.41   $       80,000          2.09

Retail - Restaurant          Restaurants                                Cook                   Hot Dog Place Lincoln Park Location! 2 blocks from Lincoln Park Zoo                                $                70,000    $              99,000               0.71   $      250,000                0.28   $       50,000          1.40
Retail - Other               Miscellaneous Retail                       Cook                   Professional Postal and Business Services!                                                         $                89,000    $              89,900               0.99   $      210,000                0.42   $       89,000          1.00
Service                      Drycleaning/Laundry Services               Cook                   Laundromat/Coin Laundry, Chicago West-side                                                         $                49,000    $              49,000               1.00   $      116,895                0.42   $       17,000          2.88
Manufacturing                Chemicals & Allied Products                Cook                   Turn-Key Leading Chemical Manufacturer                                                             $              850,000     $             825,000               1.03   $    2,123,688                0.40   $      258,739          3.29
Other                        Internet-Consumer Services (B2C)           McHenry                Highly Profitable, Internet Driven, Turn-Key Distribution Co - B2C                                 $            2,200,000     $           2,200,000               1.00   $ 10,353,848                  0.21   $      659,389          3.34
Retail - Restaurant          Restaurants                                Lake                   Successful Fast Food Restaurant in a Very High Traffic Area                                        $                45,000    $              45,000               1.00   $      200,000                0.23   $       30,000          1.50
Retail - Other               Convenience Stores                         Cook                   Convinience & dollar store                                                                         $                50,000    $              55,000               0.91   $      400,000                0.13   $       36,000          1.39
Service                      Health, Medical & Dental                   Lake                   Audiology & Hearing Aid Practice - NW Indiana                                                      $              500,000     $             625,000               0.80   $      625,996                0.80   $      182,543          2.74
Other                        Construction-Special Trades                Lake                   Highly Profitable Insurance Restoration Contractor                                                 $            2,900,000     $           3,300,000               0.88   $    2,688,355                1.08   $     1,000,061         2.90
Retail - Restaurant          Restaurants                                Cook                   #1 Sub Franchise Chicago Northwest Suburb                                                          $              305,000     $             330,000               0.92   $      411,112                0.74   $       90,000          3.39
Retail - Other               Other Eating & Drinking Places             Lake                   High Volume/Profitable Cold Stone Creamery-Chicago Northwest Suburb                                $              154,000     $             199,000               0.77   $      427,759                0.36   $       75,000          2.05
Service                      Miscellaneous Services                     Cook                   Custom Sign Manufacturing Co.                                                                      $              355,000     $             365,000               0.97   $      658,727                0.54   $      145,954          2.43
Other                        Internet-Consumer Services (B2C)           Cook                   YouTube and Social Network Service Business. 5 Figure Monthly Profit.                              $              150,000     $             150,000               1.00   $      245,820                0.61   $      151,236          0.99
Retail - Restaurant          Restaurants                                Cook                   #1 Sub Franchise Busy Mall Location - Chicago NW Suburb                                            $              267,000     $             275,000               0.97   $      436,228                0.61   $       60,000          4.45
Retail - Other               Liquor Stores                              Cook                   Southwest Suburban High Volume Liquor Store                                                        $              248,000     $             249,000               1.00   $      980,000                0.25   $      118,000          2.10
Service                      Health, Medical & Dental                   Cook                   High End Health & Wellness Center - SBA Financing                                                  $              260,000     $             270,000               0.96   $      532,417                0.49   $      127,700          2.04
Retail - Restaurant          Restaurants                                Cook                   #1 Sub Franchise Maywood, IL                                                                       $                70,000    $              99,000               0.71   $      254,904                0.27   $       25,000          2.80
Retail - Other               Apparel and Accessory Stores               Cook                   Sporting Goods Retail Store - Seller Financing Available                                           $              279,500     $             290,000               0.96   $      608,868                0.46   $      146,755          1.90
Service                      Miscellaneous Services                     Cook                   Profitable & Established Restoration & Cleaning Franchise                                          $              254,000     $             269,900               0.94   $      379,103                0.67   $      150,825          1.68
Retail - Restaurant          Restaurants                                Kane                   High Volume Pizza Franchise-Chicago Western Suburb                                                 $               70,000     $              70,000               1.00   $      378,153                0.19   $       28,000          2.50
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q1 2012

DATA SET 1: BizBuySell Active Listings - Business for Sale Data

                                                   Median Asking                                 Avg. Multiple of                            Avg. Multiple of
     Business Type                   N               Sale Price          Median Revenue             Revenue           Median Cash Flow         Cash Flow                                          Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q1 2012
Retail - Restaurant                  86           $          200,000     $          527,590                    0.47    $           97,250                 2.84                                     The median asking price for businesses for sale in this market on BizBuySell was $248,500.
Retail - Other                      127           $          199,000     $          410,000                    0.66    $           82,000                 2.96                                    These businesses had a median revenue of $440,275 and a median cash flow of $100,906.
Service                             225           $          250,000     $          399,913                    0.79    $          102,000                 2.86                                    Owners asked for, on average, a revenue multiple of 0.78 and a cash flow multiple of 3.03.
Manufacturing                        29           $          315,000     $          468,150                    0.92    $          101,641                 3.62
Other                                55           $          585,000     $          572,500                    1.43    $          160,000                 3.81
Total                               522           $          248,500     $          440,275                    0.78    $          100,907                 3.03                                     BizBuySell analyzed 38 closed transactions in this market in Q1 2012. Businesses sold for a
                                                                                                                                                                                                  median sale price of $150,000. On average, this is 0.92 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $318,000 and a median cash flow of $77,500. Business buyers paid
           Price                  Number              % of Total                                                                                                                                  on average 0.63 times revenue and 2.41 times cash flow.
$0 - $50,000                         31                            6%
$50,001 - $100,000                   68                           13%
$100,001 - $200,000                 134                           26%
$200,001 - $300,000                  78                           15%
$300,001 - $500,000                  81                           16%
$500,001 - $1,000,000                61                           12%
$1,000,001+                          69                           13%
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DATA SET 2: Recently Closed Transactions Examples*
                                 Business                                                                                                                                         Total Closed                                                                                              Revenue                           Cash Flow
     Business Type               Subtype                                       County              Ad Headline                                                                    Transactions           Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                              38          $             150,000      $            169,500               0.92    $     318,000                 0.63   $       77,500         2.41

Retail - Restaurant          Restaurants                                Lake                   First Class Authentic Latin Cafe-Loyal clientele-Established 20 years                              $              169,200     $             188,000               0.90   $      480,000                0.35   $       60,000         2.82
Retail - Other               Liquor Stores                              Lake                   Excellent Neighborhood Liquor Store (Lake CountyTax)                                               $              168,300     $             175,000               0.96   $      450,000                0.37   $       75,000         2.24
Service                      Beauty Salons, Barber Shops                Lake                   Upscale Full Service Day Spa & Salon Northwest Suburb                                              $              108,000     $              99,500               1.09   $      346,940                0.31   $       50,000         2.16
Other                        Wholesale-Nondurable Goods                 Lake                   Retail - Animal/Pet Feed Business                                                                  $              155,000     $             164,000               0.95   $      179,000                0.87   $       80,000         1.94
Retail - Restaurant          Restaurants                                Cook                   #1 Sub Franchise Schaumburg, IL                                                                    $              297,000     $             325,000               0.91   $      359,892                0.83   $       60,000         4.95
Retail - Other               Other Eating & Drinking Places             Cook                   Profitable Cold Stone Creamery Rosemont, IL                                                        $              145,000     $             175,000               0.83   $      344,227                0.42   $       83,000         1.75
Service                      Beauty Salons, Barber Shops                Cook                   Upscale, Profitable Salon in Affluent Suburb                                                       $              120,000     $             147,000               0.82   $      300,000                0.40   $       60,000         2.00
Other                        Construction-Building                      Cook                   Leading Home Repair & Maintenance Business                                                         $              860,000     $             875,716               0.98   $    1,462,353                0.59   $      282,489         3.04
Retail - Restaurant          Restaurants                                Cook                   #1 Sub Franchise Lincoln Park, IL                                                                  $                65,000    $              85,000               0.76   $      209,560                0.31   $       20,000         3.25
Retail - Other               Convenience Stores                         McHenry                Convenient Food/Liquor Store - $20K                                                                $                20,000    $              20,000               1.00   $      240,000                0.08   $       10,000         2.00
Service                      Miscellaneous Repair Services              DuPage                 Recession Proof Concrete Rehab Biz, SBA Pre-Approved!                                              $              242,000     $             250,000               0.97   $      322,000                0.75   $      104,000         2.33
Other                        Internet-Business Services (B2B)           Kane                   Quality Web Directory - Up 34% This Year - Huge Upside                                             $              660,000     $             660,000               1.00   $      253,943                2.60   $      222,334         2.97
Retail - Restaurant          Restaurants                                DuPage                 Restaurant for Sale in NW Suburbs of Chicago, near Bloomingdale                                    $                80,000    $              85,000               0.94   $      312,000                0.26   $       60,000         1.33
Retail - Other               Gasoline Service Stations                  Cook                   Gas, C-Store, Dunkin High Volume!                                                                  $            2,425,000     $           2,500,000               0.97   $    7,000,000                0.35   $      500,000         4.85
Other                        Internet-General Internet                  Cook                   Niche online technology company                                                                    $            1,000,000     $           1,000,000               1.00   $    2,400,000                0.42   $      520,000         1.92
Retail - Restaurant          Restaurants                                Cook                   Healthy Juice Bar                                                                                  $              100,000     $             125,000               0.80   $      335,000                0.30   $       92,000         1.09
Service                      Pet Care & Grooming                        Will                   Pet services company providing dog walking & waste removal, SW suburbs                             $              140,000     $             147,000               0.95   $      144,817                0.97   $       81,348         1.72
Retail - Restaurant          Restaurants                                Cook                   High Volume/Profitable Jimmy Johns Chicago, IL                                                     $              350,000     $             379,000               0.92   $      489,503                0.72   $      121,000         2.89
Service                      Miscellaneous Services                     Cook                   Children{s Portrait Photography Franchise                                                          $               79,400     $              79,400               1.00   $       55,961                1.42   $       50,000         1.59
Retail - Restaurant          Restaurants                                Lake                   Great Pizzeria and Bar                                                                             $              120,000     $             129,900               0.92   $      314,000                0.38   $       50,000         2.40
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Annual Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Annual 2011

BizBuySell Recently Sold Listings - Comparables Data

                                                                     Median Asking       Avg. Sale/Ask                              Avg. Multiple of                  Avg. Multiple of Cash
     Business Type                N          Median Sale Price           Price               Ratio           Median Revenue            Revenue       Median Cash Flow        Flow                                          Summary - Chicago-Naperville-Joliet, IL-IN-WI, 2011
Retail - Restaurant               54         $           80,000    $          87,500                  0.86   $            335,500             0.37   $           50,996                    2.23                             BizBuySell analyzed 122 closed transactions in this market in 2011.
Retail - Other                    22         $          200,000    $         244,500                  0.88   $            426,066             0.67   $           98,047                    2.31                            Businesses sold for a median sale price of $140,000. On average, this is 0.88
Service                           34         $          161,000    $         177,500                  0.89   $            280,500             0.69   $           78,063                    2.41                            of the ask price. These businesses had a median revenue of $350,000 and a
Manufacturing                     4          $          662,500    $         675,000                  1.00   $       1,025,000                0.69   $          354,362                    2.30                            median cash flow of $70,000. Business buyers paid on average 0.54 times
Other                             8          $          230,000    $         250,000                  0.90   $            606,349             0.43   $          131,000                    2.09                            revenue and 2.29 times cash flow.
Total                            122         $          140,000    $         150,000                  0.88   $            350,000             0.54   $           70,000                    2.29


Breakdown of Sold Listings by Sale Price

          Price                Number            % of Total
$0 - $50,000                      25                        20%
$50,001 - $100,000                28                        23%
$100,001 - $200,000               34                        28%
$200,001 - $300,000               11                          9%
$300,001 - $500,000               6                           5%
$500,001 - $1,000,000             11                          9%
$1,000,001+                        7                          6%




Closed Transactions Examples*
                              Business                                                                                                                                                                                                                                            Revenue                        Cash Flow
     Business Type            Subtype                                     County                                                       Ad Headline                                                      Sale Price          Asking Price    Sale/Ask Ratio        Revenue         Multiple          Cash Flow     Multiple
Retail - Restaurant       Restaurants                              Lake                High Volume/Profitable Grilled Sub Franchise Southlake Mall Merrillvil                                     $             150,000    $      159,000              0.94   $     442,000              0.34   $       80,000        1.88
Retail - Other            Vending Machines                         DuPage              Snyder{s - Lance Route West Chicago, IL                                                                    $             110,000    $      128,000              0.86   $     392,132              0.28   $       57,000        1.93
Service                   Engineering & Accounting Svcs            Cook                Orland Park, IL Tax & Accounting Practice for Sale                                                         $             550,000    $      525,000              1.05   $     404,374              1.36   $      250,000        2.20
Other                     Wholesale-Durable Goods                  Cook                Small Quantity Metal Distribution Company                                                                  $             230,000    $      250,000              0.92   $     855,030              0.27   $      107,081        2.15
Retail - Restaurant       Restaurants                              Kane                Sitdown Restaurant in Carpentersville,IL on rt25                                                           $               80,000   $       85,000              0.94   $     520,000              0.15   $       45,000        1.78
Retail - Other            Liquor Stores                            Lake                High Volume Liquor and Wine Store                                                                          $             320,000    $      345,000              0.93   $    1,060,000             0.30   $      204,500        1.56
Service                   Engineering & Accounting Svcs            Cook                Arlington Heights, IL CPA Practice for Sale                                                                $             156,600    $      180,000              0.87   $     145,000              1.08   $       55,000        2.85
Manufacturing             Fabricated Metal Products                Cook                Steel Fabrication Company CH-859-BE                                                                        $             600,000    $      600,000              1.00   $     950,000              0.63   $      367,000        1.63
Other                     Wholesale-Durable Goods                  Cook                Small Quantity Metal Distribution Company                                                                  $             100,000    $      113,200              0.88   $     554,504              0.18   $       38,429        2.60
Retail - Restaurant       Restaurants                              Cook                Pizza Shop - Western Suburbs / Price Reduced                                                               $               55,000   $       75,000              0.73   $     193,400              0.28   $       51,991        1.06
Retail - Other            Automotive Dealers                       Cook                67 Cars Sold in Feb 2010                                                                                   $             200,000    $      239,000              0.84   $    2,444,200             0.08   $       96,094        2.08
Service                   Engineering & Accounting Svcs            Cook                Schaumburg, IL CPA Practice for Sale                                                                       $             160,000    $      160,000              1.00   $      98,522              1.62   $       90,000        1.78
Manufacturing             Miscellaneous                            Cook                Niche Consumer Products Manufacturer                                                                       $             725,000    $      750,000              0.97   $    1,100,000             0.66   $      400,000        1.81
Other                     Construction-Special Trades              Cook                Niche Construction-Playgrounds & Recreation Development                                                    $             194,000    $      194,000              1.00   $     606,349              0.32   $      237,437        0.82
Retail - Restaurant       Restaurants                              Will                Fast Food - ROM                                                                                            $             150,000    $      170,000              0.88   $     576,000              0.26   $      129,000        1.16
Retail - Other            Apparel and Accessory Stores             Cook                Elegant Men{s Wear, Ready for new Owner, Must Sell. Great Location.                                        $               45,888   $       49,000              0.94   $      95,000              0.48   $       39,400        1.16
Service                   Engineering & Accounting Svcs            Will                Joliet, IL CPA Practice for Sale                                                                           $             700,000    $      750,000              0.93   $     626,000              1.12   $      253,000        2.77
Manufacturing             Printing, Publishing                     Cook                Ink And Toner Remanufacturing Business For Sale                                                            $             100,000    $       95,000              1.05   $     150,000              0.67   $       45,000        2.22
Other                     Wholesale-Nondurable Goods               DuPage              Profitable Distributorship of Heating Elements - Easy to Run!                                              $             320,000    $      375,000              0.85   $     340,000              0.94   $      131,000        2.44
Retail - Restaurant       Restaurants                              Cook                Italian Restaurant for Sale in West Suburbs of Chicago, RE included                                        $             525,000    $      525,000              1.00   $     776,021              0.68   $      152,167        3.45
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha


Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between the number of Closed Transactions shown on this report tab and that shown on the tabs of
prior quarters and years. For help with such adjustment contact the BizBuySell team. Other Closed Transaction metrics (i.e., the median and multiple metrics) as well as all Active Listings data are not impacted by the methodology change so direct comparison
of that data requires no adjustment.



BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory, as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q4 2011

DATA SET 1: BizBuySell Active Listings - Business for Sale Data

                                                   Median Asking                                 Avg. Multiple of                            Avg. Multiple of
     Business Type                   N               Sale Price          Median Revenue             Revenue           Median Cash Flow         Cash Flow                                          Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q4 2011
Retail - Restaurant                  88           $          259,498     $          625,157                    0.49    $          100,000                 2.93                                     The median asking price for businesses for sale in this market on BizBuySell was $254,500.
Retail - Other                      119           $          200,000     $          410,609                    0.63    $           90,000                 3.29                                    These businesses had a median revenue of $457,768 and a median cash flow of $103,500.
Service                             233           $          247,000     $          360,000                    0.80    $          100,209                 2.96                                    Owners asked for, on average, a revenue multiple of 0.78 and a cash flow multiple of 3.19.
Manufacturing                        24           $          389,500     $          634,075                    0.79    $           95,064                 4.17
Other                                64           $          599,500     $          614,537                    1.36    $          164,381                 3.83
Total                               528           $          254,500     $          457,769                    0.78    $          103,500                 3.19                                     BizBuySell analyzed 25 closed transactions in this market in Q4 2011. Businesses sold for a
                                                                                                                                                                                                  median sale price of $120,000. On average, this is 0.91 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $169,200 and a median cash flow of $53,500. Business buyers paid
           Price                  Number              % of Total                                                                                                                                  on average 0.74 times revenue and 2.58 times cash flow.
$0 - $50,000                         25                            5%
$50,001 - $100,000                   83                           16%
$100,001 - $200,000                 117                           22%
$200,001 - $300,000                  81                           15%
$300,001 - $500,000                  85                           16%
$500,001 - $1,000,000                74                           14%
$1,000,001+                          63                           12%
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DATA SET 2: Recently Closed Transactions Examples*
                                 Business                                                                                                                                         Total Closed                                                                                              Revenue                           Cash Flow
     Business Type               Subtype                                       County              Ad Headline                                                                    Transactions           Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                              25          $             120,000      $            134,500               0.91    $     169,200                 0.74   $       53,500         2.58

Retail - Restaurant          Restaurants                                Lake                   High Volume/Profitable Grilled Sub Franchise Southlake Mall Merrillvil                             $              150,000     $             159,000               0.94   $      442,000                0.34   $       80,000         1.88
Service                      Engineering & Accounting Svcs              Cook                   Orland Park, IL Tax & Accounting Practice for Sale                                                 $              550,000     $             525,000               1.05   $      404,374                1.36   $      250,000         2.20
Retail - Restaurant          Restaurants                                Kane                   Sitdown Restaurant in Carpentersville,IL on rt25                                                   $                80,000    $              85,000               0.94   $      520,000                0.15   $       45,000         1.78
Service                      Engineering & Accounting Svcs              Cook                   Arlington Heights, IL CPA Practice for Sale                                                        $              156,600     $             180,000               0.87   $      145,000                1.08   $       55,000         2.85
Retail - Restaurant          Restaurants                                Cook                   Pizza Shop - Western Suburbs / Price Reduced                                                       $                55,000    $              75,000               0.73   $      193,400                0.28   $       51,991         1.06
Service                      Engineering & Accounting Svcs              Cook                   Schaumburg, IL CPA Practice for Sale                                                               $              160,000     $             160,000               1.00   $       98,522                1.62   $       90,000         1.78
Retail - Restaurant          Restaurants                                Will                   Fast Food - ROM                                                                                    $              150,000     $             170,000               0.88   $      576,000                0.26   $      129,000         1.16
Service                      Engineering & Accounting Svcs              Will                   Joliet, IL CPA Practice for Sale                                                                   $              700,000     $             750,000               0.93   $      626,000                1.12   $      253,000         2.77
Retail - Restaurant          Restaurants                                Cook                   Italian Restaurant for Sale in West Suburbs of Chicago, RE included                                $              525,000     $             525,000               1.00   $      776,021                0.68   $      152,167         3.45
Service                      Drycleaning/Laundry Services               Cook                   Laundromat/Coin Laundry, Lemont                                                                    $                77,000    $              98,000               0.79   $      130,000                0.59   $       23,000         3.35
Retail - Restaurant          Restaurants                                Cook                   Sports Bar -Pub, Eatery, and Pizza                                                                 $              130,000     $             149,000               0.87   $      500,000                0.26   $       74,500         1.74
Service                      Amusement & Recreation                     Lake                   Great Lakes Charter Boat & Bait/Tackle Store! Profitable & Motivated!                              $                69,000    $              85,000               0.81   $      116,000                0.59   $       25,000         2.76
Retail - Restaurant          Restaurants                                Lake                   Successful Restaurant on Historical Downtown Square                                                $                80,000    $              80,000               1.00   $       80,000                1.00   $       10,000         8.00
Service                      Engineering & Accounting Svcs              Cook                   Orland Park, IL CPA Practice for Sale                                                              $                55,000    $              60,000               0.92   $       50,000                1.10   $       25,000         2.20
Service                      Auto Repair, Parts & Services              Cook                   Soft Cloth Tunnel Car Wash for Sale in Chicago Illinois                                            $              492,000     $             492,000               1.00   $      533,324                0.92   $      176,252         2.79
Service                      Drycleaning/Laundry Services               Cook                   Coin Laundromat - Mount Prospect                                                                   $                45,000    $              70,000               0.64   $       78,000                0.58   $       20,000         2.25
Service                      Other Business Services                    Will                   Mailing w/Postal Services                                                                          $                59,000    $              59,000               1.00   $      100,000                0.59   $       25,000         2.36


*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q3 2011

DATA SET 1: BizBuySell Active Listings - Business for Sale Data

                                                   Median Asking                                 Avg. Multiple of                            Avg. Multiple of
     Business Type                   N               Sale Price          Median Revenue             Revenue           Median Cash Flow         Cash Flow                                          Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q3 2011
Retail - Restaurant                  89           $          225,000     $          589,000                    0.48    $           94,500                 2.88                                     The median asking price for businesses for sale in this market on BizBuySell was $250,000.
Retail - Other                      125           $          170,000     $          400,000                    0.60    $           80,000                 3.09                                    These businesses had a median revenue of $420,198 and a median cash flow of $100,000.
Service                             220           $          246,500     $          355,000                    0.80    $          100,000                 2.94                                    Owners asked for, on average, a revenue multiple of 0.77 and a cash flow multiple of 3.12.
Manufacturing                        22           $          374,500     $          458,622                    0.87    $          115,125                 4.29
Other                                49           $          583,946     $          606,349                    1.56    $          164,136                 3.92
Total                               505           $          250,000     $          420,198                    0.77    $          100,000                 3.12                                     BizBuySell analyzed 31 closed transactions in this market in Q3 2011. Businesses sold for a
                                                                                                                                                                                                  median sale price of $180,750. On average, this is 0.87 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $430,721 and a median cash flow of $78,547. Business buyers paid
           Price                  Number              % of Total                                                                                                                                  on average 0.44 times revenue and 2.51 times cash flow.
$0 - $50,000                         27                            5%
$50,001 - $100,000                   86                           17%
$100,001 - $200,000                 120                           24%
$200,001 - $300,000                  66                           13%
$300,001 - $500,000                  83                           16%
$500,001 - $1,000,000                62                           12%
$1,000,001+                          61                           12%
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DATA SET 2: Recently Closed Transactions Examples*
                                 Business                                                                                                                                         Total Closed                                                                                              Revenue                           Cash Flow
     Business Type               Subtype                                       County              Ad Headline                                                                    Transactions           Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                              31          $             180,750      $            196,500               0.87    $     430,721                 0.44   $       78,547         2.51

Retail - Restaurant          Restaurants                                Will                   Choo-Choo Johnny{s                                                                                 $              156,000     $             174,900               0.89   $      450,000                0.35   $      125,000         1.25
Retail - Other               Liquor Stores                              Lake                   High Volume Liquor and Wine Store                                                                  $              320,000     $             345,000               0.93   $    1,060,000                0.30   $      204,500         1.56
Service                      Health, Medical & Dental                   Lake                   Custom Rehab Equipment Supplier                                                                    $            2,500,000     $           2,750,000               0.91   $    4,064,000                0.62   $      756,000         3.31
Other                        Wholesale-Durable Goods                    Cook                   Small Quantity Metal Distribution Company                                                          $              230,000     $             250,000               0.92   $      855,030                0.27   $      107,081         2.15
Retail - Restaurant          Restaurants                                DuPage                 Exceptional Chef owned Breakfast and Lunch Caf / Restaurant                                        $                65,000    $              69,000               0.94   $      310,860                0.21   $       50,000         1.30
Retail - Other               Automotive Dealers                         Cook                   67 Cars Sold in Feb 2010                                                                           $              200,000     $             239,000               0.84   $    2,444,200                0.08   $       96,094         2.08
Service                      Beauty Salons, Barber Shops                Cook                   Purchase an operating Nail Salon for less than the value of the FF&E                               $                20,000    $              25,000               0.80   $       60,000                0.33   $       10,000         2.00
Other                        Wholesale-Durable Goods                    Cook                   Small Quantity Metal Distribution Company                                                          $              100,000     $             113,200               0.88   $      554,504                0.18   $       38,429         2.60
Retail - Restaurant          Restaurants                                Lake                   Fox lake Ice Cream/hotdog & Burger restaurant with patio                                           $                50,000    $              60,000               0.83   $      200,000                0.25   $       25,000         2.00
Retail - Other               Apparel and Accessory Stores               Cook                   Elegant Men{s Wear, Ready for new Owner, Must Sell. Great Location.                                $                45,888    $              49,000               0.94   $       95,000                0.48   $       39,400         1.16
Other                        Construction-Special Trades                Cook                   Niche Construction-Playgrounds & Recreation Development                                            $              194,000     $             194,000               1.00   $      606,349                0.32   $      237,437         0.82
Retail - Restaurant          Restaurants                                Cook                   #1 Sub Franchise Chicago North Suburb, IL                                                          $              189,000     $             199,000               0.95   $      345,852                0.55   $       60,000         3.15
Retail - Other               Bars/Taverns                               Cook                   West Loop Profitable Established Nightclub                                                         $              290,000     $             400,000               0.73   $      900,000                0.32   $       50,000         5.80
Retail - Restaurant          Restaurants                                Cook                   Restaurant with Liquor License Wilmette IL                                                         $                50,000    $              65,000               0.77   $      322,000                0.16   $       10,000         5.00
Retail - Other               Bars/Taverns                               Kane                   Wine Enthusiasts Take Notice! Restaurant / Winery - Wholesale License                              $              200,000     $             250,000               0.80   $      324,000                0.62   $      100,000         2.00
Service                      Drycleaning/Laundry Services               Cook                   Laundromat/Card Laundry, Northside Chicago                                                         $              290,000     $             695,000               0.42   $      411,442                0.70   $       98,000         2.96
Retail - Restaurant          Restaurants                                Cook                   Well Established Profitable Hot Dog Place - Great Hours!                                           $              115,000     $             135,000               0.85   $      227,000                0.51   $       60,000         1.92
Service                      Pet Care & Grooming                        Cook                   Dog & Cat Grooming Business                                                                        $                85,000    $              97,500               0.87   $      153,614                0.55   $       30,458         2.79
Retail - Restaurant          Restaurants                                Cook                   Glenview - 1853 Tower Dr. - Restaurant With Liquor and Outdoor Patio                               $              172,500     $             199,000               0.87   $      146,762                1.18   $       28,699         6.01
Service                      Other Personal Services                    Cook                   Nationally Recognized Luxury Day Spa                                                               $              275,000     $             298,000               0.92   $      988,941                0.28   $      100,397         2.74
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q2 2011

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                             Avg. Multiple of                          Avg. Multiple of
     Business Type                 N              Sale Price         Median Revenue          Revenue            Median Cash Flow      Cash Flow                                                   Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q2 2011
Retail - Restaurant                91         $          199,000    $         486,000                   0.47    $          90,000               2.52                                               The median asking price for businesses for sale in this market on BizBuySell was $240,000.
Retail - Other                    115         $          160,000    $         351,000                   0.66    $          80,000               3.14                                              These businesses had a median revenue of $400,000 and a median cash flow of $91,920.
Service                           213         $          244,000    $         360,000                   0.82    $          86,842               3.04                                              Owners asked for, on average, a revenue multiple of 0.78 and a cash flow multiple of 3.11.
Manufacturing                      18         $          305,000    $         449,075                   0.83    $          89,911               4.38
Other                              52         $          537,500    $         607,712                   1.43    $         150,368               3.94
Total                             489         $          240,000    $         400,000                   0.78    $          91,920               3.11                                               BizBuySell analyzed 30 closed transactions in this market in Q2 2011. Businesses sold for a
                                                                                                                                                                                                  median sale price of $165,000. On average, this is 0.91 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $403,500 and a median cash flow of $82,562. Business buyers paid
          Price                Number             % of Total                                                                                                                                      on average 0.56 times revenue and 2.10 times cash flow.
$0 - $50,000                       30                          6%
$50,001 - $100,000                 84                        17%
$100,001 - $200,000               116                        24%
$200,001 - $300,000                64                        13%
$300,001 - $500,000                76                        16%
$500,001 - $1,000,000              68                        14%
$1,000,001+                        51                        10%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                     County           Ad Headline                                                                        Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             30           $             165,000      $            167,500               0.91    $     403,500                 0.56   $       82,563         2.10

Retail - Restaurant        Restaurants                              DuPage               Pizza Cafe                                                                                               $                40,000    $              49,000               0.82   $      250,000                0.16   $       25,000         1.60
Service                    Educational Services                     Cook                 Profitable Private Virtual High School                                                                   $                85,000    $              99,999               0.85   $      273,000                0.31   $      115,000         0.74
Manufacturing              Fabricated Metal Products                Cook                 Steel Fabrication Company CH-859-BE                                                                      $              600,000     $             600,000               1.00   $      950,000                0.63   $      367,000         1.63
Other                      Wholesale-Nondurable Goods               Lake                 Pepperidge Farm Bread                                                                                    $                89,000    $              89,400               1.00   $      286,000                0.31   $       47,000         1.89
Retail - Restaurant        Restaurants                              Cook                 Fast Food - Roselle - Price Reduced                                                                      $                40,000    $              40,000               1.00   $      144,000                0.28   $       15,000         2.67
Retail - Other             Other Eating & Drinking Places           Cook                 Profitable Coffee & CupCake Business                                                                     $              160,000     $             160,000               1.00   $      253,000                0.63   $      122,000         1.31
Service                    Computer & Software Services             Cook                 Data Recovery Chicago Business Center                                                                    $                99,000    $              99,000               1.00   $       75,000                1.32   $       52,500         1.89
Other                      Wholesale-Nondurable Goods               DuPage               Profitable Distributorship of Heating Elements - Easy to Run!                                            $              320,000     $             375,000               0.85   $      340,000                0.94   $      131,000         2.44
Retail - Restaurant        Restaurants                              Cook                 Fast Food Restaurant Available in the Heart of Chicago{s Lincoln Park                                    $                40,000    $             115,000               0.35   $       40,000                1.00   $       39,999         1.00
Retail - Other             Bars/Taverns                             Cook                 Sports Bar                                                                                               $              180,000     $             225,000               0.80   $      600,000                0.30   $       75,000         2.40
Service                    Drycleaning/Laundry Services             Cook                 Hugh Cleaners, Great Oppt for the right person                                                           $              123,000     $             105,000               1.17   $      288,000                0.43   $       76,000         1.62
Retail - Restaurant        Restaurants                              DuPage               Pizza/Mex Carry-Out!                                                                                     $                59,900    $              59,900               1.00   $      300,000                0.20   $       50,000         1.20
Retail - Other             Bars/Taverns                             DuPage               **Classic Cheers Style Bar. Includes Real Est. Great Value**                                             $              700,000     $             860,000               0.81   $      460,000                1.52   $      250,000         2.80
Service                    Social Services                          Kane                 Profitable Suburban Child Day-Care Center CH-904-BA                                                      $              125,000     $             125,000               1.00   $      531,846                0.24   $       57,864         2.16
Retail - Restaurant        Restaurants                              DuPage               Turn Key Cafe&Catering 15yrs.(No Dinner+off Sundays)                                                     $                60,000    $              60,000               1.00   $      350,000                0.17   $       45,000         1.33
Retail - Other             Gasoline Service Stations                Will                 Gas Station for sale                                                                                     $              800,000     $             950,000               0.84   $      270,000                2.96   $      175,000         4.57
Service                    Auto Repair, Parts & Services            Cook                 Quick OIl Change                                                                                         $              170,000     $             189,000               0.90   $      616,972                0.28   $       80,125         2.12
Retail - Restaurant        Restaurants                              Cook                 Under Contract!!!$65,000 priced to sell quickly. Won{t last. All FF&E                                    $                65,000    $              65,000               1.00   $      220,000                0.30   $       70,000         0.93
Service                    Drycleaning/Laundry Services             Kendall              Laundromat/Card Laundry, S.W. Suburban Oswego                                                            $              170,659     $             199,000               0.86   $      292,841                0.58   $       85,919         1.99
Retail - Restaurant        Restaurants                              Cook                 Price Reduced-Family Style Restaurant in Busy Location                                                   $               75,000     $              90,000               0.83   $      432,000                0.17   $       25,000         3.00
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q1 2011

BizBuySell Active Listings - Business for Sale Data

                                                  Median Asking                            Avg. Multiple of                            Avg. Multiple of
     Business Type                 N                Sale Price        Median Revenue          Revenue           Median Cash Flow         Cash Flow                                                Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q1 2011
Retail - Restaurant               113         $          199,000      $         480,000                  0.47   $             90,000              2.51                                             The median asking price for businesses for sale in this market on BizBuySell was $225,000.
Retail - Other                    121         $          199,999      $         375,000                  0.67   $             75,880              3.51                                            These businesses had a median revenue of $400,000 and a median cash flow of $91,920.
Service                           212         $          199,900      $         355,437                  0.82   $             88,846              3.02                                            Owners asked for, on average, a revenue multiple of 0.75 and a cash flow multiple of 3.15.
Manufacturing                      35         $          500,000      $         627,000                  0.82   $            123,000              4.08
Other                              40         $          517,500      $         625,306                  1.30   $            138,998              3.78
Total                             521         $          225,000      $         400,000                  0.75   $             91,920              3.15                                             BizBuySell analyzed 22 closed transactions in this market in Q1 2011. Businesses sold for a
                                                                                                                                                                                                  median sale price of $69,500. On average, this is 0.85 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $167,500 and a median cash flow of $55,000. Business buyers paid
          Price                Number               % of Total                                                                                                                                    on average 0.46 times revenue and 1.86 times cash flow.
$0 - $50,000                       30                            6%
$50,001 - $100,000                 80                        15%
$100,001 - $200,000               137                        26%
$200,001 - $300,000                67                        13%
$300,001 - $500,000                84                        16%
$500,001 - $1,000,000              75                        14%
$1,000,001+                        48                         9%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                       County          Ad Headline                                                                       Transactions              Sale Price               Asking Price        Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             22           $               69,500      $             82,000              0.85    $     167,500                 0.46   $       55,000         1.86

Retail - Restaurant        Restaurants                                Kane                Turn Key Pizza Business                                                                                 $                35,000     $             60,000               0.58   $      203,000                0.17   $       60,000         0.58
Retail - Other             Apparel and Accessory Stores               Cook                Perfect Lingerie location, good area, growth oppt for the right person                                  $                23,000     $             30,000               0.77   $       89,000                0.26   $       60,000         0.38
Service                    Health, Medical & Dental                   Porter              Multi-Unit Non-Medical Home Care services                                                               $              550,000      $            599,000               0.92   $    1,394,134                0.39   $      278,560         1.97
Manufacturing              Miscellaneous                              Cook                Niche Consumer Products Manufacturer                                                                    $              725,000      $            750,000               0.97   $    1,100,000                0.66   $      400,000         1.81
Other                      Internet-Domain Name/Basic Site            Cook                SEO & Traffic Website Business                                                                          $                   1,000   $               1,000              1.00   $        1,000                1.00   $          500         2.00
Retail - Restaurant        Restaurants                                Cook                Fast Food/Pizza/Italian Deli                                                                            $              100,000      $            129,000               0.78   $      400,000                0.25   $       80,000         1.25
Retail - Other             Bars/Taverns                               McHenry             Premiere Sports Bar & Grill in the Northwest Suburbs                                                    $              560,000      $            560,000               1.00   $    1,434,000                0.39   $      437,000         1.28
Service                    Miscellaneous Repair Services              McHenry             Long Standing Upholstery Business                                                                       $                30,000     $             50,000               0.60   $       90,919                0.33   $       10,000         3.00
Manufacturing              Printing, Publishing                       Cook                Ink And Toner Remanufacturing Business For Sale                                                         $              100,000      $             95,000               1.05   $      150,000                0.67   $       45,000         2.22
Retail - Restaurant        Restaurants                                Cook                Owner Financing available -Very Profitable Pizza Parlor - Must Sell!!!                                  $              140,000      $            150,000               0.93   $      335,000                0.42   $       70,000         2.00
Service                    Engineering & Accounting Svcs              Cook                North Shore CPA Practice for Sale                                                                       $              255,000      $            255,000               1.00   $      200,000                1.28   $       47,600         5.36
Retail - Restaurant        Restaurants                                Kane                Exceptionally Great Opportunity to Buy Way Under Market Value!!                                         $              229,000      $            289,000               0.79   $      950,000                0.24   $      145,000         1.58
Service                    Engineering & Accounting Svcs              DuPage              Wheaton, IL Tax & Accounting Practice For Sale                                                          $              225,000      $            225,000               1.00   $      175,000                1.29   $       94,000         2.39
Retail - Restaurant        Restaurants                                Kane                More Than A Spectacular Deal Here. Priced For A Very Quick Sale!!                                       $                79,000     $             79,000               1.00   $      480,000                0.16   $       50,000         1.58
Retail - Restaurant        Restaurants                                Cook                Fast Food With Drive Thru - BUR                                                                         $                85,000     $             85,000               1.00   $      336,000                0.25   $       66,234         1.28
Retail - Restaurant        Restaurants                                Cook                Hot Dogs / Hamburgers / Italian Ices - Western Suburbs                                                  $                60,000     $             70,000               0.86   $      160,000                0.38   $       45,000         1.33
Retail - Restaurant        Restaurants                                DuPage              Fast food. Priced for Quick Sale                                                                        $                27,000     $             35,000               0.77   $       90,000                0.30   $       15,000         1.80
Retail - Restaurant        Restaurants                                Cook                Fast Food - Must See - Priced Right                                                                     $                40,000     $             49,500               0.81   $       90,000                0.44   $       20,000         2.00
Retail - Restaurant        Restaurants                                DuPage              Fast Food * Priced to Sell * Hot Dogs, Hamburgers, Beef, Gyros                                          $                37,500     $             59,000               0.64   $       95,000                0.39   $       25,000         1.50
Retail - Restaurant        Restaurants                                DuPage              Pizza Italian Fast Food Carry Out Delivery Restaurant                                                   $                28,000     $             32,500               0.86   $      100,000                0.28   $       15,000         1.87
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Annual Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Annual 2010

BizBuySell Recently Sold Listings - Comparables Data

                                                                      Median Asking        Avg. Sale/Ask                              Avg. Multiple of                  Avg. Multiple of Cash
     Business Type                N          Median Sale Price            Price                Ratio            Median Revenue           Revenue       Median Cash Flow        Flow                                        Summary - Chicago-Naperville-Joliet, IL-IN-WI, 2010
Retail - Restaurant               15         $            96,700     $         115,000                  1.83   $          300,000                   0.60   $      55,000                   2.40                              BizBuySell analyzed 74 closed transactions in this market in 2010. Businesses
Retail - Other                    15         $            50,000     $          60,000                  0.81   $          150,000                   0.45   $      50,000                   1.26                            sold for a median sale price of $150,000. On average, this is 1.05 of the ask
Service                           29         $          180,000      $         215,000                  0.86   $          219,572                   0.82   $      84,400                   2.39                            price. These businesses had a median revenue of $264,000 and a median cash
Manufacturing                     8          $          450,000      $         675,000                  0.84   $        1,267,566                   0.63   $     240,904                   2.75                            flow of $77,500. Business buyers paid on average 0.66 times revenue and 2.18
Other                             7          $          265,000      $         275,000                  0.94   $          413,000                   0.57   $     143,000                   2.13                            times cash flow.
Total                             74         $          150,000      $         178,500                  1.05   $          264,000                   0.66   $      77,500                   2.18


Breakdown of Sold Listings by Sale Price

          Price                Number              % of Total
$0 - $50,000                      23                        31%
$50,001 - $100,000                10                        14%
$100,001 - $200,000               15                        20%
$200,001 - $300,000               5                             7%
$300,001 - $500,000               6                             8%
$500,001 - $1,000,000             9                         12%
$1,000,001+                       6                          8%




Closed Transactions Examples*
                              Business                                                                                                                                                                                                                                            Revenue                        Cash Flow
     Business Type            Subtype                                       County                                                       Ad Headline                                                    Sale Price          Asking Price    Sale/Ask Ratio        Revenue         Multiple          Cash Flow     Multiple
Retail - Restaurant       Restaurants                                Cook                Chinese Take Out/Delivery- Price Reduced                                                                 $               27,000   $       35,500              0.76   $      90,000              0.30   $       15,000        1.80
Retail - Other            Convenience Stores                         Cook                Convenient store for sale                                                                                $             100,000    $      135,000              0.74   $     800,000              0.13   $      200,000        0.50
Service                   Miscellaneous Services                     Cook                Fantastic Restoration & Cleanup Business-Fire, Water, Mold                                               $             685,000    $      685,000              1.00   $     930,000              0.74   $      202,000        3.39
Manufacturing             Furniture and Fixtures                     DuPage              Cabinet and wood product fabrication - Buy All or Majority Position                                      $             100,000    $      100,000              1.00   $     150,000              0.67   $       35,000        2.86
Other                     Communications                             Cook                Cell Phone Store                                                                                         $               35,000   $       40,000              0.88   $     300,000              0.12   $       36,000        0.97
Retail - Restaurant       Restaurants                                Cook                Fastfood Restaurant for Sale in Chicago, Illinois                                                        $             120,000    $      135,000              0.89   $     326,257              0.37   $       52,910        2.27
Retail - Other            General Merchandise Stores                 Cook                Dollar store is the way to Go, A Must See.                                                               $               50,000   $       60,000              0.83   $     120,000              0.42   $       60,000        0.83
Service                   Beauty Salons, Barber Shops                Cook                This Salon is ready to Branded, Bring your whole Group, High Traffic.                                    $               20,000   $       25,000              0.80   $     143,750              0.14   $       50,000        0.40
Manufacturing             Fabricated Metal Products                  DuPage              Contract manufacturer w/ high cash flow automated feeder systems                                         $             500,000    $    1,100,000              0.45   $    1,074,572             0.47   $      470,519        1.06
Retail - Restaurant       Restaurants                                Cook                Great Pizza, Sandwiches,Salads & more.                                                                   $             600,000    $       40,000            15.00    $     195,000              3.08   $      125,000        4.80
Retail - Other            Vending Machines                           Cook                Return All Your Money In One Year! Chicago Vending Route 4 Sale                                          $               22,000   $       29,999              0.73   $      36,012              0.61   $       30,456        0.72
Service                   Beauty Salons, Barber Shops                Cook                Classy uni sex salon owner retiring must sell quick                                                      $               25,000   $       25,000              1.00   $      90,000              0.28   $       55,000        0.45
Other                     Wholesale-Durable Goods                    McHenry             High Performance Auto Parts                                                                              $           3,900,000    $    3,900,000              1.00   $    7,100,000             0.55   $      750,000        5.20
Retail - Restaurant       Restaurants                                Cook                Deluxe North Side Chicago Fast Food Drive In!                                                            $             150,000    $      150,000              1.00   $     600,000              0.25   $       53,300        2.81
Retail - Other            Bars/Taverns                               Cook                Great bar for sale - full kitchen - established business                                                 $             140,000    $      150,000              0.93   $     300,000              0.47   $       70,000        2.00
Service                   Engineering & Accounting Svcs              Cook                Palatine, IL CPA Practice for Sale                                                                       $             180,000    $      180,000              1.00   $     145,000              1.24   $      109,000        1.65
Other                     Construction-Special Trades                Cook                Very Profitable, Established, Home-Based Service Business                                                $             289,000    $      299,000              0.97   $     299,000              0.97   $      147,017        1.97
Retail - Restaurant       Restaurants                                Cook                State of the Art Mobile Restaurants in Mercedes Benz Truck{s                                             $               60,000   $       80,000              0.75   $     150,000              0.40   $       55,000        1.09
Retail - Other            General Merchandise Stores                 Cook                Dollar Store surrounded by 12 Anchors in Downtown Oak Forest                                             $              50,000    $      100,000              0.50   $     450,000              0.11   $      110,000        0.45
Service                   Drycleaning/Laundry Services               Cook                Prime, Profitable Laundromat                                                                             $             180,000    $      250,000              0.72   $     152,000              1.18   $       50,000        3.60
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011.
For help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q4 2010

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                              Avg. Multiple of                             Avg. Multiple of
     Business Type                 N              Sale Price          Median Revenue          Revenue           Median Cash Flow          Cash Flow                                               Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q4 2010
Retail - Restaurant               111         $          199,000      $         466,000                  0.47   $              92,633              2.41                                            The median asking price for businesses for sale in this market on BizBuySell was $235,000.
Retail - Other                    119         $          200,000      $         378,000                  0.72   $              80,000              3.48                                           These businesses had a median revenue of $400,000 and a median cash flow of $95,000.
Service                           212         $          232,000      $         361,481                  0.84   $              91,710              3.12                                           Owners asked for, on average, a revenue multiple of 0.76 and a cash flow multiple of 3.13.
Manufacturing                      32         $          587,500      $         700,000                  0.81   $          162,000                 4.04
Other                              42         $          492,500      $         528,752                  1.15   $          140,426                 3.37
Total                             516         $          235,000      $         400,000                  0.76   $           95,000                 3.13                                            BizBuySell analyzed 20 closed transactions in this market in Q4 2010. Businesses sold for a
                                                                                                                                                                                                  median sale price of $110,000. On average, this is 1.57 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $199,991 and a median cash flow of $55,000. Business buyers paid
          Price                Number               % of Total                                                                                                                                    on average 0.69 times revenue and 2.00 times cash flow.
$0 - $50,000                       32                            6%
$50,001 - $100,000                 81                        16%
$100,001 - $200,000               122                        24%
$200,001 - $300,000                83                        16%
$300,001 - $500,000                76                        15%
$500,001 - $1,000,000              77                        15%
$1,000,001+                        45                         9%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                       County          Ad Headline                                                                       Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             20           $             110,000      $            117,500               1.57    $     199,991                 0.69   $       55,000         2.00

Retail - Restaurant        Restaurants                                Cook                Chinese Take Out/Delivery- Price Reduced                                                                $                27,000    $              35,500               0.76   $       90,000                0.30   $       15,000         1.80
Retail - Other             Convenience Stores                         Cook                Convenient store for sale                                                                               $              100,000     $             135,000               0.74   $      800,000                0.13   $      200,000         0.50
Service                    Miscellaneous Services                     Cook                Fantastic Restoration & Cleanup Business-Fire, Water, Mold                                              $              685,000     $             685,000               1.00   $      930,000                0.74   $      202,000         3.39
Manufacturing              Furniture and Fixtures                     DuPage              Cabinet and wood product fabrication - Buy All or Majority Position                                     $              100,000     $             100,000               1.00   $      150,000                0.67   $       35,000         2.86
Other                      Communications                             Cook                Cell Phone Store                                                                                        $                35,000    $              40,000               0.88   $      300,000                0.12   $       36,000         0.97
Retail - Restaurant        Restaurants                                Cook                Fastfood Restaurant for Sale in Chicago, Illinois                                                       $              120,000     $             135,000               0.89   $      326,257                0.37   $       52,910         2.27
Retail - Other             General Merchandise Stores                 Cook                Dollar store is the way to Go, A Must See.                                                              $                50,000    $              60,000               0.83   $      120,000                0.42   $       60,000         0.83
Service                    Beauty Salons, Barber Shops                Cook                This Salon is ready to Branded, Bring your whole Group, High Traffic.                                   $                20,000    $              25,000               0.80   $      143,750                0.14   $       50,000         0.40
Manufacturing              Fabricated Metal Products                  DuPage              Contract manufacturer w/ high cash flow automated feeder systems                                        $              500,000     $           1,100,000               0.45   $    1,074,572                0.47   $      470,519         1.06
Retail - Restaurant        Restaurants                                Cook                Great Pizza, Sandwiches,Salads & more.                                                                  $              600,000     $              40,000             15.00    $      195,000                3.08   $      125,000         4.80
Service                    Beauty Salons, Barber Shops                Cook                Classy uni sex salon owner retiring must sell quick                                                     $                25,000    $              25,000               1.00   $       90,000                0.28   $       55,000         0.45
Retail - Restaurant        Restaurants                                Cook                Deluxe North Side Chicago Fast Food Drive In!                                                           $              150,000     $             150,000               1.00   $      600,000                0.25   $       53,300         2.81
Service                    Engineering & Accounting Svcs              Cook                Palatine, IL CPA Practice for Sale                                                                      $              180,000     $             180,000               1.00   $      145,000                1.24   $      109,000         1.65
Retail - Restaurant        Restaurants                                Cook                State of the Art Mobile Restaurants in Mercedes Benz Truck{s                                            $                60,000    $              80,000               0.75   $      150,000                0.40   $       55,000         1.09
Service                    Drycleaning/Laundry Services               Cook                Prime, Profitable Laundromat                                                                            $              180,000     $             250,000               0.72   $      152,000                1.18   $       50,000         3.60
Service                    Beauty Salons, Barber Shops                Lake                North Shore Salon/Spa For Sale                                                                          $                30,000    $              30,000               1.00   $      219,572                0.14   $       35,000         0.86
Service                    Engineering & Accounting Svcs              Cook                Chicago SW Suburbs CPA Audit Practice for Sale                                                          $              724,000     $             762,500               0.95   $      610,000                1.19   $      300,000         2.41
Service                    Computer & Software Services               Cook                Technology Reseller and Servicer for Niche Product Line                                                 $            1,650,000     $           1,495,000               1.10   $    1,511,856                1.09   $      437,218         3.77
Service                    Drycleaning/Laundry Services               Cook                Coin Laundry on Northside                                                                               $               38,000     $              75,000               0.51   $      119,561                0.32   $       17,250         2.20
Service                    Engineering & Accounting Svcs              Cook                CPA Practice For Sale Near Downtown Chicago                                                             $              250,000     $             250,000               1.00   $      204,982                1.22   $      107,000         2.34
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q3 2010

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                             Avg. Multiple of                            Avg. Multiple of
     Business Type                    N           Sale Price         Median Revenue          Revenue           Median Cash Flow         Cash Flow                                                 Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q3 2010
Retail - Restaurant               112         $          197,000    $         477,500                   0.48    $           93,717                  2.65                                           The median asking price for businesses for sale in this market on BizBuySell was $244,500.
Retail - Other                    119         $          179,000    $         378,000                   0.72    $           76,250                  3.56                                          These businesses had a median revenue of $427,500 and a median cash flow of $95,000.
Service                           214         $          250,000    $         374,500                   0.88    $           91,867                  3.23                                          Owners asked for, on average, a revenue multiple of 0.76 and a cash flow multiple of 3.21.
Manufacturing                         38      $          699,500    $         725,000                   0.83    $          231,500                  3.71
Other                              39         $          465,000    $         630,960                   1.03    $          150,000                  3.21
Total                             522         $          244,500    $         427,500                   0.76    $           95,000                  3.21                                           BizBuySell analyzed 21 closed transactions in this market in Q3 2010. Businesses sold for a
                                                                                                                                                                                                  median sale price of $95,000. On average, this is 0.85 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $180,000 and a median cash flow of $72,000. Business buyers paid
          Price                Number             % of Total                                                                                                                                      on average 0.49 times revenue and 1.69 times cash flow.
$0 - $50,000                          32                       6%
$50,001 - $100,000                    69                     13%
$100,001 - $200,000               134                        26%
$200,001 - $300,000                   82                     16%
$300,001 - $500,000                   74                     14%
$500,001 - $1,000,000                 78                     15%
$1,000,001+                           53                     10%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                     County           Ad Headline                                                                        Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             21           $               95,000     $            125,000               0.85    $     180,000                 0.49   $       72,000         1.69

Retail - Restaurant        Restaurants                              Lake                 Independent Sub Shop in a Great Location                                                                 $              182,000     $             184,500               0.99   $      388,000                0.47   $       40,000         4.55
Retail - Other             Vending Machines                         Cook                 Return All Your Money In One Year! Chicago Vending Route 4 Sale                                          $                22,000    $              29,999               0.73   $       36,012                0.61   $       30,456         0.72
Retail - Restaurant        Restaurants                              Cook                 Mexican Diner and fast food Restaurant                                                                   $              100,000     $             125,000               0.80   $      467,895                0.21   $      150,017         0.67
Retail - Other             Bars/Taverns                             Cook                 Great bar for sale - full kitchen - established business                                                 $              140,000     $             150,000               0.93   $      300,000                0.47   $       70,000         2.00
Service                    Amusement & Recreation                   DuPage               Discretionary Cash Flow for buyer may be $84,400. Jump{n in 8,000 sq.                                    $                44,000    $             280,000               0.16   $      223,000                0.20   $       84,400         0.52
Retail - Restaurant        Restaurants                              Cook                 Neighborhood Ice Cream Shop                                                                              $                95,000    $              95,000               1.00   $      103,000                0.92   $       30,000         3.17
Retail - Other             General Merchandise Stores               Cook                 Dollar Store surrounded by 12 Anchors in Downtown Oak Forest                                             $                50,000    $             100,000               0.50   $      450,000                0.11   $      110,000         0.45
Service                    Other Personal Services                  Kane                 Curves of Elburn IL                                                                                      $                25,000    $              35,000               0.71   $       65,000                0.38   $       26,000         0.96
Retail - Restaurant        Restaurants                              Will                 Fast Food/Bar At Prime Very High Traffic Major Intersection Location!!                                   $                75,000    $              84,000               0.89   $      425,000                0.18   $       50,000         1.50
Retail - Other             Florists                                 Cook                 Great Retiring Florist Business, Build on Success Relationships                                          $                42,000    $              30,000               1.40   $      150,000                0.28   $       50,000         0.84
Service                    Auto Repair, Parts & Services            Lake                 Very Profitable & Reputable Hitch Sales & Installation Business                                          $              425,000     $             425,000               1.00   $    1,036,000                0.41   $      151,000         2.81
Retail - Other             Automotive Dealers                       Cook                 Foreign Car Specialist Retires, Great Shop, Service, Sales & Parts.                                      $              156,000     $             300,000               0.52   $      168,000                0.93   $       80,500         1.94
Service                    Beauty Salons, Barber Shops              Cook                 When Classy mets elegance, a must see Salon , priced for quick sale.                                     $                40,000    $              30,000               1.33   $      143,750                0.28   $       75,000         0.53
Retail - Other             Other Eating & Drinking Places           Cook                 Ice Cream Shop for Sale in Chicago, North side, near Lakeview                                            $                50,000    $              50,000               1.00   $      175,000                0.29   $       80,000         0.63
Service                    Passenger Transportation                 Cook                 Highly Profitable Private Car Dispatch Service Company                                                   $              875,000     $           1,100,000               0.80   $    2,769,021                0.32   $      351,625         2.49
Retail - Other             Vending Machines                         Cook                 Profitable Vending Company, Great Return, Be Your Own Boss!                                              $                12,000    $              17,999               0.67   $       45,702                0.26   $       24,000         0.50
Service                    Drycleaning/Laundry Services             Cook                 Coin Laundromat - Priced to sell                                                                         $               40,000     $              44,500               0.90   $       93,600                0.43   $       26,400         1.52
Service                    Auto Repair, Parts & Services            Cook                 Profitable north side hand car wash/detailing center                                                     $              300,000     $             299,900               1.00   $      264,000                1.14   $      120,000         2.50
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q2 2010

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                              Avg. Multiple of                           Avg. Multiple of
     Business Type                 N              Sale Price          Median Revenue          Revenue            Median Cash Flow       Cash Flow                                                 Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q2 2010
Retail - Restaurant                99          $            199,000   $         450,000                  0.53    $           90,000                  2.96                                          The median asking price for businesses for sale in this market on BizBuySell was $259,000.
Retail - Other                    106          $            187,450   $         410,659                  0.62    $           80,000                  3.29                                         These businesses had a median revenue of $432,500 and a median cash flow of $100,000.
Service                           190          $            275,000   $         382,345                  0.90    $           98,486                  3.48                                         Owners asked for, on average, a revenue multiple of 0.77 and a cash flow multiple of 3.35.
Manufacturing                      45          $            600,000   $         721,565                  0.75    $          162,000                  3.67
Other                              38          $            602,500   $         641,795                  1.17    $          152,368                  3.57
Total                             478          $            259,000   $         432,500                  0.77    $          100,000                  3.35                                          BizBuySell analyzed 22 closed transactions in this market in Q2 2010. Businesses sold for a
                                                                                                                                                                                                  median sale price of $277,000. On average, this is 0.88 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $386,500 and a median cash flow of $95,500. Business buyers paid
          Price                Number              % of Total                                                                                                                                     on average 0.85 times revenue and 2.74 times cash flow.
$0 - $50,000                       31                           6%
$50,001 - $100,000                 60                          13%
$100,001 - $200,000               106                          22%
$200,001 - $300,000                79                          17%
$300,001 - $500,000                66                          14%
$500,001 - $1,000,000              75                          16%
$1,000,001+                        61                          13%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                       County          Ad Headline                                                                       Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             22           $             277,000      $            287,000               0.88    $     386,500                 0.85   $       95,500         2.74

Retail - Restaurant        Restaurants                                Cook                Japanese Cuisine and Sushi Bar in Chicago                                                               $                96,700    $             115,000               0.84   $      150,000                0.64   $      100,000         0.97
Retail - Other             Vending Machines                           Cook                Profitable Vending Company, Less 1 Yr Return, Be Your Own Boss!                                         $                29,999    $              29,999               1.00   $       70,123                0.43   $       35,987         0.83
Other                      Wholesale-Durable Goods                    McHenry             High Performance Auto Parts                                                                             $            3,900,000     $           3,900,000               1.00   $    7,100,000                0.55   $      750,000         5.20
Retail - Restaurant        Restaurants                                DuPage              Successful,, well-known Pizza Parlor in a great location                                                $                35,000    $              35,000               1.00   $      159,270                0.22   $       59,695         0.59
Manufacturing              Fabricated Metal Products                  DuPage              IL Reputable Mfg Company w/ Own Product Line - Sold 1-2-09!                                             $            2,100,000     $           2,399,000               0.88   $    2,000,000                1.05   $      456,000         4.61
Other                      Construction-Special Trades                Cook                Very Profitable, Established, Home-Based Service Business                                               $              289,000     $             299,000               0.97   $      299,000                0.97   $      147,017         1.97
Retail - Restaurant        Restaurants                                Cook                Fast Food, Niles, IL                                                                                    $                75,000    $             115,000               0.65   $      300,000                0.25   $       59,000         1.27
Retail - Other             Bars/Taverns                               Cook                Price Reduced 4:AM Nightclub 5000SF in The Heart of River North                                         $              400,000     $             595,000               0.67   $    1,000,000                0.40   $      175,000         2.29
Service                    Engineering & Accounting Svcs              Cook                CPA Audit Practice For Sale in SW Suburbs of Chicago                                                    $              750,000     $             770,000               0.97   $      618,000                1.21   $      460,000         1.63
Manufacturing              Electronic & Electrical Equip.             DeKalb              Digital Panel & Meter Manufacturer                                                                      $              175,000     $             215,000               0.81   $      360,000                0.49   $       91,000         1.92
Other                      Construction-Special Trades                DuPage              Successful Interior Modular Offices Business                                                            $              265,000     $             275,000               0.96   $      808,269                0.33   $      139,431         1.90
Retail - Restaurant        Restaurants                                Cook                #1 Sub Franchise - Norridge, IL                                                                         $              420,000     $             475,000               0.88   $      603,000                0.70   $       80,000         5.25
Retail - Other             Vending Machines                           Cook                Return Your Money In Less Than One Year, Best Money Maker                                               $                14,850    $              14,850               1.00   $       42,920                0.35   $       16,123         0.92
Service                    Storage & Warehousing                      Cook                Self Storage absentee run!!!                                                                            $              625,000     $             695,000               0.90   $      123,820                5.05   $       90,696         6.89
Other                      Construction-Special Trades                Cook                Profitable, Established Roofing, Guttering & Siding Business                                            $              140,000     $             140,000               1.00   $      413,000                0.34   $      143,000         0.98
Service                    Beauty Salons, Barber Shops                Lake                Salon/Spa for Sale                                                                                      $               47,000     $              72,000               0.65   $      219,572                0.21   $       62,451         0.75
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q1 2010

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                              Avg. Multiple of                           Avg. Multiple of
     Business Type                 N              Sale Price           Median Revenue         Revenue           Median Cash Flow        Cash Flow                                                 Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q1 2010
Retail - Restaurant               107          $            200,000   $         475,000                  0.54   $           93,000                3.07                                             The median asking price for businesses for sale in this market on BizBuySell was $275,000.
Retail - Other                    106          $            249,450   $         451,312                  0.60   $           93,480                3.53                                            These businesses had a median revenue of $486,415 and a median cash flow of $100,020.
Service                           195          $            250,000   $         385,919                  0.88   $           90,696                3.39                                            Owners asked for, on average, a revenue multiple of 0.80 and a cash flow multiple of 3.44.
Manufacturing                      46          $            675,000   $         954,532                  0.83   $          238,230                3.76
Other                              48          $            800,000   $         869,407                  1.46   $          209,736                4.02
Total                             502          $            275,000   $         486,416                  0.80   $          100,021                3.44                                             BizBuySell analyzed 11 closed transactions in this market in Q1 2010. Businesses sold for a
                                                                                                                                                                                                  median sale price of $164,000. On average, this is 0.82 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $462,000 and a median cash flow of $54,251. Business buyers paid
          Price                Number              % of Total                                                                                                                                     on average 0.55 times revenue and 2.30 times cash flow.
$0 - $50,000                       25                           5%
$50,001 - $100,000                 56                          11%
$100,001 - $200,000               119                          24%
$200,001 - $300,000                75                          15%
$300,001 - $500,000                72                          14%
$500,001 - $1,000,000              83                          17%
$1,000,001+                        72                          14%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                       County          Ad Headline                                                                       Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             11           $             164,000      $            199,000               0.82    $     462,000                 0.55   $       54,251         2.30

Retail - Restaurant        Restaurants                                Cook                Established Pizzeria - Price Reduction!                                                                 $                65,000    $              65,000               1.00   $      145,000                0.45   $       30,000         2.17
Retail - Other             Other Eating & Drinking Places             Cook                Hookah Lounge                                                                                           $                42,000    $              80,000               0.53   $      120,000                0.35   $       42,000         1.00
Service                    Other Personal Services                    Kane                Absolutely beautiful New fitness center - Tanning beds - 24/7!!!                                        $                80,000    $             199,000               0.40   $      180,000                0.44   $       24,000         3.33
Manufacturing              Electronic & Electrical Equip.             McHenry             Electronics Manufacturer with Proprietary Products                                                      $              675,000     $             675,000               1.00   $    1,460,560                0.46   $      281,807         2.40
Other                      Construction-Special Trades                Cook                Specialty Trade (HVAC Related) Contractor for Sale in Chicago                                           $              266,000     $             275,000               0.97   $      462,000                0.58   $      173,000         1.54
Retail - Restaurant        Restaurants                                Will                Breakfast-Lunch, Mokena,IL                                                                              $              525,000     $             550,000               0.95   $      960,000                0.55   $      169,000         3.11
Retail - Other             Vending Machines                           Cook                Chicago Profitable Vending Route                                                                        $                23,000    $              32,000               0.72   $       16,543                1.39   $       14,987         1.53
Service                    Auto Repair, Parts & Services              Kane                Automotive Repair Service                                                                               $              189,000     $             189,000               1.00   $      520,000                0.36   $       81,000         2.33
Service                    Auto Repair, Parts & Services              Will                High Precision Engine Builder                                                                           $              164,000     $             215,000               0.76   $      488,330                0.34   $       54,251         3.02
Service                    Educational Services                       McHenry             Preschool in Explosive Growth Area - McHenry County                                                     $               25,000     $              40,000               0.63   $      220,000                0.11   $       42,000         0.60
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Annual Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Annual 2009

BizBuySell Recently Sold Listings - Comparables Data

                                                                      Median Asking          Avg. Sale/Ask                            Avg. Multiple of                  Avg. Multiple of Cash
     Business Type                N          Median Sale Price            Price                  Ratio           Median Revenue          Revenue       Median Cash Flow        Flow                                        Summary - Chicago-Naperville-Joliet, IL-IN-WI, 2009
Retail - Restaurant               22         $          100,000      $          123,389                   0.89   $          386,889                0.50    $    77,777                     2.96                             BizBuySell analyzed 126 closed transactions in this market in 2009.
Retail - Other                    55         $          860,000      $         1,000,000                  0.91   $        1,000,000                0.52    $   180,000                     4.55                            Businesses sold for a median sale price of $331,250. On average, this is 0.96
Service                           37         $          275,000      $          299,000                   1.08   $          550,000                0.84    $   127,178                     3.03                            of the ask price. These businesses had a median revenue of $650,000 and a
Manufacturing                     7          $          229,000      $          299,000                   0.94   $          300,000                0.66    $   110,000                     2.72                            median cash flow of $128,748. Business buyers paid on average 0.62 times
Other                             5          $          400,000      $          420,000                   0.92   $        1,056,000                0.44    $   169,000                     2.50                            revenue and 3.65 times cash flow.
Total                            126         $          331,250      $          350,000                   0.96   $          650,000                0.62    $   128,748                     3.65


Breakdown of Sold Listings by Sale Price

          Price                Number              % of Total
$0 - $50,000                      7                             6%
$50,001 - $100,000                15                        12%
$100,001 - $200,000               24                        19%
$200,001 - $300,000               15                        12%
$300,001 - $500,000               13                        10%
$500,001 - $1,000,000             17                        13%
$1,000,001+                       35                        28%




Closed Transactions Examples*
                              Business                                                                                                                                                                                                                                            Revenue                        Cash Flow
     Business Type            Subtype                                       County                                                         Ad Headline                                                  Sale Price          Asking Price    Sale/Ask Ratio        Revenue         Multiple          Cash Flow     Multiple
Retail - Restaurant       Restaurants                                Kane                  Very nice fast food restaurant - Offers delivery - Under Contract                                      $               40,000   $       60,000              0.67   $     198,000              0.20   $       36,000        1.11
Service                   Engineering & Accounting Svcs              Cook                  Hazel Crest, IL Tax Practice For Sale                                                                  $             330,000    $      395,000              0.84   $     325,000              1.02   $      225,000        1.47
Manufacturing             Printing, Publishing                       Cook                  Sign Company - Priced to SELL!!                                                                        $             110,000    $      110,000              1.00   $     262,000              0.42   $       65,000        1.69
Retail - Restaurant       Restaurants                                Kane                  Pizzeria Great Low Price w/ Seller Financing ! !                                                       $               59,000   $       59,000              1.00   $     145,000              0.41   $       35,000        1.69
Retail - Other            Apparel and Accessory Stores               Cook                  Sporting Industry Supplier Wearables & Promotional Products                                            $           1,900,000    $    1,900,000              1.00   $    1,545,000             1.23   $      588,000        3.23
Manufacturing             Furniture and Fixtures                     Cook                  Established Stained Glass Fixture Manufacturing Company For Sale                                       $             229,000    $      299,000              0.77   $     300,000              0.76   $       75,000        3.05
Retail - Restaurant       Restaurants                                Cook                  Chcken-Ribs-Wilmette, IL                                                                               $               45,000   $       65,000              0.69   $     218,000              0.21   $       31,000        1.45
Retail - Other            Other Eating & Drinking Places             DuPage                Profitable Premium Frozen Custard Shoppe                                                               $             125,000    $      125,000              1.00   $     110,000              1.14   $       57,500        2.17
Other                     Internet-Consumer Services (B2C)           McHenry               Relocatable Croc Assessory Mfg & Wholesale Great Web Site                                              $               40,000   $       54,900              0.73   $      60,000              0.67   $       30,000        1.33
Retail - Restaurant       Restaurants                                Cook                  "Hot Spot"                                                                                             $             100,000    $      129,000              0.78   $     800,000              0.13   $      100,000        1.00
Retail - Other            Home Furniture & Furnishings               DuPage                Award Winning Specialty Gift Shop                                                                      $             110,000    $      170,000              0.65   $     750,000              0.15   $       77,617        1.42
Manufacturing             Rubber and Plastic Products                Cook                  Profitable Wholesale Distribution Company CH-N627-BE                                                   $             525,000    $      550,000              0.95   $    1,004,796             0.52   $      110,000        4.77
Retail - Restaurant       Restaurants                                DuPage                Est. Deli / Catering in Upscale Office Bldg with Zero Rent!!!                                          $               85,000   $       99,000              0.86   $     100,000              0.85   $       30,000        2.83
Retail - Other            Convenience Stores                         Cook                  NW Chicago Burb C-Store w/Gas - Bank Short Sale                                                        $             860,000    $    1,200,000              0.72   $     370,870              2.32   $      203,500        4.23
Service                   Auto Repair, Parts & Services              DuPage                Profitable & Established Auto Repair Franchise                                                         $             275,000    $      299,000              0.92   $     618,000              0.44   $      127,496        2.16
Retail - Restaurant       Restaurants                                Cook                  #1 Sub Franchise Hoffman Estates, IL / Under Contract                                                  $             450,000    $      450,000              1.00   $     396,000              1.14   $       80,000        5.63
Retail - Other            Convenience Stores                         McHenry               Retail Convenience Store                                                                               $             200,000    $      219,000              0.91   $     648,000              0.31   $      104,000        1.92
Service                   Engineering & Accounting Svcs              Cook                  Palatine CPA Practice for Sale                                                                         $             575,000    $      575,000              1.00   $     476,000              1.21   $      238,000        2.42
Manufacturing             Furniture and Fixtures                     DuPage                Manufacturer Product Line for Specialty Lamps                                                          $               54,000   $       60,000              0.90   $     198,000              0.27   $       23,000        2.35
Retail - Restaurant       Restaurants                                DeKalb                Quaint Looking, But Like Susan Boyle Is A Smashing Success!!                                           $               79,000   $       79,000              1.00   $     300,000              0.26   $       65,000        1.22
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011.
For help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q4 2009

BizBuySell Active Listings - Business for Sale Data

                                                  Median Asking                            Avg. Multiple of                           Avg. Multiple of
     Business Type                 N                Sale Price        Median Revenue          Revenue           Median Cash Flow        Cash Flow                                                 Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q4 2009
Retail - Restaurant               104         $          199,950      $         466,500                  0.55    $           90,521                3.01                                            The median asking price for businesses for sale in this market on BizBuySell was $259,000.
Retail - Other                    121         $          249,000      $         442,000                  0.64    $           84,842                3.48                                           These businesses had a median revenue of $465,000 and a median cash flow of $99,770.
Service                           192         $          250,000      $         384,938                  0.90    $           90,000                3.55                                           Owners asked for, on average, a revenue multiple of 0.80 and a cash flow multiple of 3.47.
Manufacturing                      49         $          675,000      $         923,196                  0.77    $         239,459                 3.49
Other                              55         $          530,000      $         761,787                  1.30    $         173,000                 3.97
Total                             521         $          259,000      $         465,000                  0.80    $          99,770                 3.47                                            BizBuySell analyzed 25 closed transactions in this market in Q4 2009. Businesses sold for a
                                                                                                                                                                                                  median sale price of $240,000. On average, this is 0.92 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $428,255 and a median cash flow of $100,000. Business buyers
          Price                Number               % of Total                                                                                                                                    paid on average 0.78 times revenue and 2.47 times cash flow.
$0 - $50,000                       24                            5%
$50,001 - $100,000                 63                        12%
$100,001 - $200,000               127                        24%
$200,001 - $300,000                77                        15%
$300,001 - $500,000                77                        15%
$500,001 - $1,000,000              81                        16%
$1,000,001+                        72                        14%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                       County          Ad Headline                                                                       Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             25           $             240,000      $            250,000               0.92    $     428,255                 0.78   $     100,000          2.47

Retail - Restaurant        Restaurants                                Kane                Very nice fast food restaurant - Offers delivery - Under Contract                                       $                40,000    $              60,000               0.67   $      198,000                0.20   $       36,000         1.11
Service                    Engineering & Accounting Svcs              Cook                Hazel Crest, IL Tax Practice For Sale                                                                   $              330,000     $             395,000               0.84   $      325,000                1.02   $      225,000         1.47
Manufacturing              Printing, Publishing                       Cook                Sign Company - Priced to SELL!!                                                                         $              110,000     $             110,000               1.00   $      262,000                0.42   $       65,000         1.69
Retail - Restaurant        Restaurants                                Kane                Pizzeria Great Low Price w/ Seller Financing ! !                                                        $                59,000    $              59,000               1.00   $      145,000                0.41   $       35,000         1.69
Retail - Other             Apparel and Accessory Stores               Cook                Sporting Industry Supplier Wearables & Promotional Products                                             $            1,900,000     $           1,900,000               1.00   $    1,545,000                1.23   $      588,000         3.23
Retail - Restaurant        Restaurants                                Cook                Chcken-Ribs-Wilmette, IL                                                                                $                45,000    $              65,000               0.69   $      218,000                0.21   $       31,000         1.45
Retail - Other             Other Eating & Drinking Places             DuPage              Profitable Premium Frozen Custard Shoppe                                                                $              125,000     $             125,000               1.00   $      110,000                1.14   $       57,500         2.17
Retail - Restaurant        Restaurants                                Cook                "Hot Spot"                                                                                              $              100,000     $             129,000               0.78   $      800,000                0.13   $      100,000         1.00
Retail - Other             Home Furniture & Furnishings               DuPage              Award Winning Specialty Gift Shop                                                                       $              110,000     $             170,000               0.65   $      750,000                0.15   $       77,617         1.42
Retail - Restaurant        Restaurants                                DuPage              Est. Deli / Catering in Upscale Office Bldg with Zero Rent!!!                                           $                85,000    $              99,000               0.86   $      100,000                0.85   $       30,000         2.83
Retail - Other             Convenience Stores                         Cook                NW Chicago Burb C-Store w/Gas - Bank Short Sale                                                         $              860,000     $           1,200,000               0.72   $      370,870                2.32   $      203,500         4.23
Service                    Auto Repair, Parts & Services              DuPage              Profitable & Established Auto Repair Franchise                                                          $              275,000     $             299,000               0.92   $      618,000                0.44   $      127,496         2.16
Retail - Restaurant        Restaurants                                Cook                #1 Sub Franchise Hoffman Estates, IL / Under Contract                                                   $              450,000     $             450,000               1.00   $      396,000                1.14   $       80,000         5.63
Retail - Other             Convenience Stores                         McHenry             Retail Convenience Store                                                                                $              200,000     $             219,000               0.91   $      648,000                0.31   $      104,000         1.92
Service                    Engineering & Accounting Svcs              Cook                Palatine CPA Practice for Sale                                                                          $              575,000     $             575,000               1.00   $      476,000                1.21   $      238,000         2.42
Retail - Other             Liquor Stores                              Lake                Liquor Store Biz Only. FN.                                                                              $              280,000     $             300,000               0.93   $      739,000                0.38   $      110,500         2.53
Retail - Other             Blding Mat., Hardware, Garden              Cook                Well-Established, $uccessful Sales & Service Company                                                    $              270,000     $             270,000               1.00   $      633,611                0.43   $      106,891         2.53
Service                    Engineering & Accounting Svcs              Cook                Chicago (Lincoln Square area) Tax Practice for Sale                                                     $              120,000     $             120,000               1.00   $      100,000                1.20   $       54,000         2.22
Service                    Miscellaneous Services                     DuPage              SBA Approved... Green Environment Friendly Cleaning & Restoration Biz                                   $              525,000     $             535,000               0.98   $      317,000                1.66   $      238,000         2.21
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q3 2009

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                              Avg. Multiple of                              Avg. Multiple of
     Business Type                 N              Sale Price           Median Revenue         Revenue           Median Cash Flow           Cash Flow                                              Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q3 2009
Retail - Restaurant                90         $          205,000      $         475,000                  0.54   $           90,521                  2.88                                           The median asking price for businesses for sale in this market on BizBuySell was $250,000.
Retail - Other                    122         $          217,500      $         441,895                  0.60   $           84,976                  3.31                                          These businesses had a median revenue of $449,865 and a median cash flow of $92,694.
Service                           224         $          237,500      $         386,479                  0.88   $           84,222                  3.49                                          Owners asked for, on average, a revenue multiple of 0.82 and a cash flow multiple of 3.41.
Manufacturing                      47         $          675,000      $         855,881                  0.81   $          229,153                  3.44
Other                              52         $          482,500      $         623,527                  1.53   $          139,926                  4.24
Total                             535         $          250,000      $         449,865                  0.82   $           92,694                  3.41                                           BizBuySell analyzed 24 closed transactions in this market in Q3 2009. Businesses sold for a
                                                                                                                                                                                                  median sale price of $650,000. On average, this is 0.90 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $725,400 and a median cash flow of $162,500. Business buyers
          Price                Number               % of Total                                                                                                                                    paid on average 0.57 times revenue and 4.20 times cash flow.
$0 - $50,000                       20                            4%
$50,001 - $100,000                 80                        15%
$100,001 - $200,000               137                        26%
$200,001 - $300,000                76                        14%
$300,001 - $500,000                73                        14%
$500,001 - $1,000,000              79                        15%
$1,000,001+                        70                        13%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                       County          Ad Headline                                                                       Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             24           $             650,000      $            722,000               0.90    $     725,401                 0.57   $     162,500          4.20

Retail - Restaurant        Restaurants                                DeKalb              Quaint Looking, But Like Susan Boyle Is A Smashing Success!!                                            $                79,000    $              79,000               1.00   $      300,000                0.26   $       65,000         1.22
Retail - Other             Gasoline Service Stations                  Will                Newer Gas-Mart w. R.E.                                                                                  $            3,000,000     $           3,400,000               0.88   $ 10,000,000                  0.30   $      429,702         6.98
Service                    Other Travel & Transportation              Cook                Car Wash for Sale in Chicago (hand wash)                                                                $              775,000     $             794,000               0.98   $      800,801                0.97   $      382,001         2.03
Manufacturing              Furniture and Fixtures                     Cook                Established Stained Glass Fixture Manufacturing Company For Sale                                        $              229,000     $             299,000               0.77   $      300,000                0.76   $       75,000         3.05
Retail - Restaurant        Restaurants                                DuPage              Pizza Business-W. Subs.                                                                                 $              650,000     $             650,000               1.00   $      550,000                1.18   $      150,000         4.33
Retail - Other             Gasoline Service Stations                  DuPage              Gas Mart w. Real Estate.                                                                                $            1,400,000     $           1,600,000               0.88   $    4,000,000                0.35   $      190,000         7.37
Service                    Engineering & Accounting Svcs              Kane                Elgin, IL CPA Practice                                                                                  $              132,000     $             132,000               1.00   $      108,500                1.22   $       75,000         1.76
Retail - Restaurant        Restaurants                                DuPage              Restaurant and Bar                                                                                      $              332,500     $             495,000               0.67   $    1,400,000                0.24   $       58,900         5.65
Retail - Other             Gasoline Service Stations                  DuPage              Major Gas Mart w . R.E. FW.                                                                             $            2,200,000     $           2,300,000               0.96   $    5,783,767                0.38   $      272,521         8.07
Service                    Educational Services                       McHenry             Montessori School in McHenry County                                                                     $              650,000     $             820,000               0.79   $      508,600                1.28   $      127,178         5.11
Other                      Internet-Consumer Services (B2C)           McHenry             Relocatable Croc Assessory Mfg & Wholesale Great Web Site                                               $                40,000    $              54,900               0.73   $       60,000                0.67   $       30,000         1.33
Retail - Other             Gasoline Service Stations                  Kane                Newer Gas Mart-R.E.-NW.                                                                                 $            1,600,000     $           1,725,000               0.93   $    3,300,000                0.48   $      190,000         8.42
Service                    Educational Services                       Cook                Driving School Four Locations in Orland Park & Naperville IL.                                           $              100,000     $             100,000               1.00   $      280,000                0.36   $       80,000         1.25
Retail - Other             Gasoline Service Stations                  Lake                Marathon gas mart-wash-r.e.                                                                             $            2,200,000     $           2,200,000               1.00   $    4,000,000                0.55   $      275,000         8.00
Retail - Other             Gasoline Service Stations                  Lake                Marathon Gas Mart w.R.E. FN.                                                                            $            2,200,000     $           2,200,000               1.00   $    4,000,000                0.55   $      285,000         7.72
Service                    Other Business Services                    Cook                Drilling and Environmental Testing Service                                                              $              200,000     $             525,000               0.38   $      650,000                0.31   $      175,000         1.14
Retail - Other             Gasoline Service Stations                  DuPage              Newer Shell Gas Mart-R.E.,NW.                                                                           $            1,500,000     $           1,600,000               0.94   $    4,000,000                0.38   $      225,000         6.67
Service                    Auto Repair, Parts & Services              Lake                Auto Serv Franch, Low Rent/Labor, Good Cash Flow, Price Below Market!                                   $              165,000     $             165,000               1.00   $      389,000                0.42   $       72,000         2.29
Service                    Auto Repair, Parts & Services              DuPage              Suburban Chicago Auto Repair Shop                                                                       $            1,200,000     $           1,300,000               0.92   $    1,825,005                0.66   $      337,457         3.56
Service                    Other Business Services                    Lake                Established Direct Mail Fulfillment Business                                                            $               90,000     $             110,000               0.82   $      450,000                0.20   $       76,000         1.18
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q2 2009

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                               Avg. Multiple of                             Avg. Multiple of
     Business Type                 N              Sale Price          Median Revenue           Revenue            Median Cash Flow         Cash Flow                                              Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q2 2009
Retail - Restaurant                88         $          245,000      $         492,210                    0.58   $          100,000                  2.94                                         The median asking price for businesses for sale in this market on BizBuySell was $272,500.
Retail - Other                    109         $          250,000      $         500,000                    0.64   $            90,083                 3.48                                        These businesses had a median revenue of $470,172 and a median cash flow of $100,413.
Service                           221         $          259,000      $         410,000                    0.95   $            93,415                 3.46                                        Owners asked for, on average, a revenue multiple of 0.86 and a cash flow multiple of 3.42.
Manufacturing                      41         $          675,000      $        1,004,796                   0.79   $          229,153                  3.46
Other                              51         $          420,000      $         605,000                    1.42   $          151,102                  3.94
Total                             510         $          272,500      $         470,172                    0.86   $          100,413                  3.42                                         BizBuySell analyzed 26 closed transactions in this market in Q2 2009. Businesses sold for a
                                                                                                                                                                                                  median sale price of $400,000. On average, this is 0.93 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $860,384 and a median cash flow of $147,000. Business buyers
          Price                Number               % of Total                                                                                                                                    paid on average 0.52 times revenue and 4.51 times cash flow.
$0 - $50,000                       22                            4%
$50,001 - $100,000                 64                        13%
$100,001 - $200,000               122                        24%
$200,001 - $300,000                70                        14%
$300,001 - $500,000                71                        14%
$500,001 - $1,000,000              91                        18%
$1,000,001+                        70                        14%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                       County           Ad Headline                                                                      Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             26           $             400,000      $            410,000               0.93    $     860,384                 0.52   $     147,000          4.51

Retail - Restaurant        Restaurants                                Cook                 Fast Food Glenwood, IL                                                                                 $              240,000     $             250,000               0.96   $      735,000                0.33   $      137,606         1.74
Retail - Other             Bars/Taverns                               DuPage               Profitable bar with kitchen in Bartlett for sale - Under contract                                      $              225,000     $             275,000               0.82   $      350,000                0.64   $      122,000         1.84
Manufacturing              Rubber and Plastic Products                Cook                 Profitable Wholesale Distribution Company CH-N627-BE                                                   $              525,000     $             550,000               0.95   $    1,004,796                0.52   $      110,000         4.77
Retail - Restaurant        Restaurants                                Cook                 Fastfood Franchise for sale in Chicago, Illinois                                                       $              206,000     $             224,000               0.92   $      354,662                0.58   $      109,640         1.88
Retail - Other             Gasoline Service Stations                  Cook                 Citgo-Mobil Gas Mart-R.E.                                                                              $            1,800,000     $           1,800,000               1.00   $    3,500,000                0.51   $      215,000         8.37
Retail - Restaurant        Restaurants                                McHenry              2-Pizza Franchise/s Business.FN.                                                                       $              500,000     $             590,000               0.85   $      565,000                0.88   $      120,000         4.17
Retail - Other             Gasoline Service Stations                  DuPage               Major Gas Mart w. R.E. FW Subs.                                                                        $            3,850,000     $           3,550,000               1.08   $ 10,000,000                  0.39   $      445,605         8.64
Manufacturing              Furniture and Fixtures                     DuPage               Manufacturer Product Line for Specialty Lamps                                                          $                54,000    $              60,000               0.90   $      198,000                0.27   $       23,000         2.35
Retail - Restaurant        Restaurants                                Cook                 Beef & Fast Food Biz, FNW.                                                                             $              675,000     $             700,000               0.96   $      700,000                0.96   $      150,000         4.50
Retail - Other             Gasoline Service Stations                  Lake                 Large gas mart-wash-r.e.,fn.                                                                           $            2,200,000     $           2,200,000               1.00   $    4,000,000                0.55   $      285,000         7.72
Retail - Other             Gasoline Service Stations                  Cook                 BP Gas Station in La Grange                                                                            $              250,000     $             300,000               0.83   $      650,000                0.38   $      144,000         1.74
Retail - Restaurant        Restaurants                                Cook                 Great Buy1800SF Rest. with Liquor & Food License                                                       $                60,000    $              70,000               0.86   $      600,000                0.10   $        5,000        12.00
Retail - Other             Supermarkets                               Lake                 Large Gas Mart-Wash-R.E.                                                                               $            2,200,000     $           2,200,000               1.00   $    4,000,000                0.55   $      300,000         7.33
Retail - Restaurant        Restaurants                                Kane                 Quick Service Restaurant                                                                               $              155,000     $             199,000               0.78   $      528,231                0.29   $       80,000         1.94
Retail - Other             Gasoline Service Stations                  DuPage               Major Gas Mart w. R.E. NW.                                                                             $            1,500,000     $           1,600,000               0.94   $    4,000,000                0.38   $      200,000         7.50
Retail - Other             Gasoline Service Stations                  DuPage               6 Bay Auto Service Gas Mart.                                                                           $            1,000,000     $           1,200,000               0.83   $      724,000                1.38   $      100,000        10.00
Retail - Other             Liquor Stores                              DuPage               Newer Liquor Store Biz.,W. Subs.                                                                       $              400,000     $             400,000               1.00   $      968,931                0.41   $      136,888         2.92
Retail - Other             Gasoline Service Stations                  Kane                 Mobil Gas Mart w . R.E. FW.                                                                            $            1,100,000     $           1,200,000               0.92   $    4,000,000                0.28   $      190,000         5.79
Retail - Other             Marine Dealers & Equipment                 Lake                 Marine Dealership In The Heart Of A Busy Marina Area!                                                  $              225,000     $             325,000               0.69   $    1,000,000                0.23   $       75,000         3.00
Retail - Other             Other Food Stores                          Cook                 Profitable Vitamins & Heath Food Retailer                                                              $              299,000     $             299,000               1.00   $      751,837                0.40   $      157,000         1.90
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q1 2009

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                             Avg. Multiple of                             Avg. Multiple of
     Business Type                 N              Sale Price         Median Revenue          Revenue           Median Cash Flow          Cash Flow                                                Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q1 2009
Retail - Restaurant                96          $         250,000     $         524,751                  0.60   $          103,485                 3.06                                             The median asking price for businesses for sale in this market on BizBuySell was $275,000.
Retail - Other                    134          $         227,500     $         419,200                  0.63   $            87,966                3.05                                            These businesses had a median revenue of $450,000 and a median cash flow of $100,447.
Service                           249          $         270,000     $         400,000                  0.95   $            93,415                3.34                                            Owners asked for, on average, a revenue multiple of 0.82 and a cash flow multiple of 3.28.
Manufacturing                      39          $         575,000     $         855,881                  0.89   $          192,213                 3.87
Other                              64          $         410,000     $         701,779                  0.97   $          146,971                 3.50
Total                             582          $         275,000     $         450,000                  0.82   $          100,448                 3.28                                             BizBuySell analyzed 51 closed transactions in this market in Q1 2009. Businesses sold for a
                                                                                                                                                                                                  median sale price of $325,000. On average, this is 1.02 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $600,000 and a median cash flow of $130,000. Business buyers
          Price                Number              % of Total                                                                                                                                     paid on average 0.61 times revenue and 3.52 times cash flow.
$0 - $50,000                       33                           6%
$50,001 - $100,000                 71                        12%
$100,001 - $200,000               137                        24%
$200,001 - $300,000                81                        14%
$300,001 - $500,000                85                        15%
$500,001 - $1,000,000              97                        17%
$1,000,001+                        78                        13%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                            Cash Flow
     Business Type             Subtype                                      County          Ad Headline                                                                        Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow      Multiple
Summary data for all closed transactions                                                                                                                                             51           $             325,000      $            278,000               1.02    $     600,000                 0.61   $     130,000           3.52

Retail - Restaurant        Restaurants                               Cook                Beef-FF-Food-R.E.                                                                                        $              700,000     $             700,000               1.00   $      700,000                1.00   $      140,000          5.00
Retail - Other             Gasoline Service Stations                 Cook                Citgo-Shell Mart W. R.E., NW.                                                                            $            1,500,000     $           1,600,000               0.94   $    4,000,000                0.38   $      190,000          7.89
Service                    Auto Repair, Parts & Services             Cook                SBA Approved Auto Related Biz No Employees, Low O{head, Strong Profit!                                   $              268,000     $             278,000               0.96   $      101,000                2.65   $       94,000          2.85
Retail - Other             Supermarkets                              DuPage              Food Mart w. R.E., FW.                                                                                   $            1,000,000     $           1,000,000               1.00   $    1,200,000                0.83   $      200,000          5.00
Retail - Restaurant        Restaurants                               Grundy              Pizza Business, SW.                                                                                      $              177,000     $             177,777               1.00   $      277,777                0.64   $       77,777          2.28
Retail - Other             Gasoline Service Stations                 Lake                Marathon Mart-Wash-R.E.,FN.                                                                              $            2,200,000     $           2,200,000               1.00   $    4,000,000                0.55   $      350,000          6.29
Service                    Beauty Salons, Barber Shops               Cook                Upsale and Busy Tanning Salon - Excellent Location                                                       $                64,000    $             100,000               0.64   $       75,000                0.85   $       24,000          2.67
Retail - Restaurant        Restaurants                               Kane                Sandwich Franchise Biz.NW.                                                                               $              100,000     $             117,777               0.85   $      377,777                0.26   $       77,777          1.29
Retail - Other             Pet Shops & Supplies                      DuPage              Pets Store and supplies                                                                                  $              139,000     $             159,000               0.87   $      514,045                0.27   $       69,000          2.01
Service                    Amusement & Recreation                    McHenry             World Leading Provider of Youth Educational Events and Programs                                          $                60,000    $              65,000               0.92   $      113,000                0.53   $       32,000          1.88
Retail - Restaurant        Restaurants                               Cook                Pizzeria - Carry-Out & Delivery - Must Sell                                                              $                49,000    $              49,000               1.00   $      140,000                0.35   $       41,000          1.20
Retail - Other             Other Food Stores                         Lake                Profitable Specialty Cookware Retailer With A Loyal Customer Base                                        $              120,000     $             159,000               0.75   $      226,858                0.53   $       60,782          1.97
Service                    Beauty Salons, Barber Shops               Cook                Tanning Salon with a Good Cash Flow                                                                      $              118,000     $             200,000               0.59   $      250,000                0.47   $       62,000          1.90
Retail - Restaurant        Restaurants                               Cook                Chicken Franchise Biz.SW.                                                                                $                97,000    $              97,777               0.99   $      400,000                0.24   $       57,777          1.68
Service                    Auto Repair, Parts & Services             DuPage              AAMCO Auto Service, Terms.                                                                               $              160,000     $             160,000               1.00   $      550,000                0.29   $       75,000          2.13
Retail - Other             Gasoline Service Stations                 Lake                Newer Shell Gas Mart-R.E.,N.                                                                             $            1,500,000     $           1,500,000               1.00   $    5,735,000                0.26   $      274,000          5.47
Service                    Auto Repair, Parts & Services             DuPage              AAMCO & Motorcycle Service.                                                                              $            1,500,000     $             220,000               6.82   $      600,000                2.50   $       90,000         16.67
Retail - Other             Gasoline Service Stations                 DuPage              Mobil Gas Mart w . R.E. FW.                                                                              $            3,000,000     $           3,000,000               1.00   $    4,000,000                0.75   $      300,000         10.00
Retail - Other             Gasoline Service Stations                 Cook                Citgo-Mobil W. R.E., NW.                                                                                 $            1,650,000     $           1,650,000               1.00   $    3,700,000                0.45   $       250,000         6.60
Service                    Other Business Services                   Cook                Small Electronics Repair Service                                                                         $           10,050,000     $          10,050,000               1.00   $    8,350,000                1.20   $     2,300,000         4.37
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Annual Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Annual 2008

BizBuySell Recently Sold Listings - Comparables Data

                                                                       Median Asking         Avg. Sale/Ask                           Avg. Multiple of                  Avg. Multiple of Cash
     Business Type                   N       Median Sale Price             Price                 Ratio          Median Revenue          Revenue       Median Cash Flow        Flow                                         Summary - Chicago-Naperville-Joliet, IL-IN-WI, 2008
Retail - Restaurant                  36      $          220,500      $          244,000                  0.85   $          455,000             0.69   $        91,000                      3.89                             BizBuySell analyzed 174 closed transactions in this market in 2008.
Retail - Other                       73      $         1,300,000     $         1,500,000                 0.90   $        2,275,000             0.65   $       200,000                      5.21                            Businesses sold for a median sale price of $397,500. On average, this is 0.88
Service                              51      $          270,000      $          295,000                  0.86   $          407,644             0.90   $       115,700                      3.12                            of the ask price. These businesses had a median revenue of $675,000 and a
Manufacturing                        6       $         1,000,000     $         1,287,000                 0.88   $        1,992,441             0.66   $       252,199                      4.35                            median cash flow of $149,875. Business buyers paid on average 0.73 times
Other                                8       $          317,500      $          350,000                  0.93   $        1,112,489             0.67   $       144,660                      3.75                            revenue and 4.23 times cash flow.
Total                            174         $          397,500      $          479,500                  0.88   $          675,000             0.73   $       149,875                      4.23


Breakdown of Sold Listings by Sale Price

          Price                Number              % of Total
$0 - $50,000                         8                          5%
$50,001 - $100,000                   22                     13%
$100,001 - $200,000                  25                     14%
$200,001 - $300,000                  23                     13%
$300,001 - $500,000                  17                     10%
$500,001 - $1,000,000                23                     13%
$1,000,001+                          56                     32%




Closed Transactions Examples*
                              Business                                                                                                                                                                                                                                            Revenue                        Cash Flow
     Business Type            Subtype                                       County                                                      Ad Headline                                                     Sale Price          Asking Price    Sale/Ask Ratio        Revenue         Multiple          Cash Flow     Multiple
Retail - Restaurant       Restaurants                                Cook                  Sandwich Franchise Biz. N.                                                                             $             200,000    $      200,000              1.00   $     500,000              0.40   $      125,000        1.60
Retail - Other            Gasoline Service Stations                  Cook                  Mobil Mart & Liquor.SW.                                                                                $             500,000    $      550,000              0.91   $    5,000,000             0.10   $      150,000        3.33
Service                   Auto Repair, Parts & Services              Cook                  Midas Auto Service Experts.                                                                            $             270,000    $      275,000              0.98   $     550,000              0.49   $       90,000        3.00
Manufacturing             Primary Metal Industries                   Cook                  Screw Machine Products Company                                                                         $           2,150,000    $    2,150,000              1.00   $    3,800,000             0.57   $      410,000        5.24
Other                     Wholesale-Nondurable Goods                 McHenry               Route Distribution                                                                                     $               90,000   $       97,000              0.93   $     250,000              0.36   $       60,000        1.50
Retail - Restaurant       Restaurants                                DuPage                Once-in-a-Lifetime Restaurant Opportunity                                                              $             250,000    $      250,000              1.00   $     400,000              0.63   $       90,000        2.78
Retail - Other            Gasoline Service Stations                  Lake                  Best Gas Mart, Wash-Food.                                                                              $           2,100,000    $    2,500,000              0.84   $    5,000,000             0.42   $      350,000        6.00
Service                   Drycleaning/Laundry Services               Lake                  Dry Cleaning Business, FN.                                                                             $             180,000    $      200,000              0.90   $     260,000              0.69   $      160,000        1.13
Manufacturing             Industrial & Comm. Machinery               DuPage                Reputable Manufacturing Company with Own Product Line                                                  $           1,000,000    $    1,500,000              0.67   $    2,000,000             0.50   $      250,000        4.00
Retail - Restaurant       Restaurants                                DuPage                Pizza-Restaurant Business.R.E.                                                                         $             467,000    $      550,000              0.85   $     500,000              0.93   $      150,000        3.11
Retail - Other            Supermarkets                               Cook                  Gas Mart & Liquor Biz only.                                                                            $             700,000    $      750,000              0.93   $    5,000,000             0.14   $      150,000        4.67
Service                   Hotels & Other Lodging Places              DuPage                Bed & Breakfast. FNW.                                                                                  $             800,000    $      875,000              0.91   $     260,000              3.08   $      150,000        5.33
Manufacturing             Furniture and Fixtures                     DuPage                Designer Furn/Cab Finishing - High Demand High Profit                                                  $             180,000    $      207,000              0.87   $     450,000              0.40   $      135,000        1.33
Other                     Internet-Consumer Services (B2C)           Will                  Fast Growing Exercise Equipment Website                                                                $             215,000    $      250,000              0.86   $     615,245              0.35   $       74,634        2.88
Retail - Restaurant       Restaurants                                Cook                  Restau/Prop/Elmwood Park IL                                                                            $           1,000,000    $    1,200,000              0.83   $     873,000              1.15   $      192,568        5.19
Retail - Other            Florists                                   Cook                  Florist                                                                                                $               55,000   $       55,000              1.00   $     117,000              0.47   $       38,031        1.45
Service                   Drycleaning/Laundry Services               Cook                  Cleaners W. Drop-Off Biz. NW.                                                                          $             100,000    $      120,000              0.83   $     180,000              0.56   $       60,000        1.67
Other                     Internet-General Internet                  Cook                  E-Commerce Serving Senior Citizens Household Needs-Up 371%                                             $           1,250,000    $    1,450,000              0.86   $    1,460,651             0.86   $      392,127        3.19
Retail - Restaurant       Restaurants                                DuPage                Pizza Business W. R.E.                                                                                 $             600,000    $      650,000              0.92   $     500,000              1.20   $      120,000        5.00
Retail - Other            Miscellaneous Retail                       Cook                  Outdoor Power Equipment Sales & Service                                                                $             246,000    $      298,000              0.83   $     544,798              0.45   $      129,220        1.90
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011.
For help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q4 2008

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                             Avg. Multiple of                           Avg. Multiple of
     Business Type                    N           Sale Price         Median Revenue          Revenue           Median Cash Flow        Cash Flow                                                  Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q4 2008
Retail - Restaurant                   97      $          250,000    $         550,000                   0.60   $          100,000               3.11                                               The median asking price for businesses for sale in this market on BizBuySell was $275,000.
Retail - Other                    145         $          250,000    $         422,000                   0.65   $           92,865               3.00                                              These businesses had a median revenue of $443,836 and a median cash flow of $99,885.
Service                           233         $          259,000    $         398,000                   0.92   $           93,277               3.34                                              Owners asked for, on average, a revenue multiple of 0.80 and a cash flow multiple of 3.23.
Manufacturing                         27      $          505,000    $         734,775                   0.75   $          148,785               3.34
Other                              78         $          355,000    $         642,575                   0.96   $          138,642               3.46
Total                             580         $          275,000    $         443,836                   0.80   $           99,885               3.23                                               BizBuySell analyzed 52 closed transactions in this market in Q4 2008. Businesses sold for a
                                                                                                                                                                                                  median sale price of $385,000. On average, this is 0.89 of the ask price. These businesses
Breakdown of Active Listings by Asking Price                                                                                                                                                      had a median revenue of $628,921 and a median cash flow of $137,500. Business buyers
          Price                Number             % of Total                                                                                                                                      paid on average 0.77 times revenue and 3.83 times cash flow.
$0 - $50,000                          27                       5%
$50,001 - $100,000                    65                     11%
$100,001 - $200,000               140                        24%
$200,001 - $300,000                   98                     17%
$300,001 - $500,000                   96                     17%
$500,001 - $1,000,000                 92                     16%
$1,000,001+                           62                     11%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                     County           Ad Headline                                                                        Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             52           $             385,000      $            437,500               0.89    $     628,921                 0.77   $     137,500          3.83

Retail - Restaurant        Restaurants                              Cook                 Sandwich Franchise Biz. N.                                                                               $              200,000     $             200,000               1.00   $      500,000                0.40   $      125,000         1.60
Retail - Other             Gasoline Service Stations                Cook                 Mobil Mart & Liquor.SW.                                                                                  $              500,000     $             550,000               0.91   $    5,000,000                0.10   $      150,000         3.33
Service                    Auto Repair, Parts & Services            Cook                 Midas Auto Service Experts.                                                                              $              270,000     $             275,000               0.98   $      550,000                0.49   $       90,000         3.00
Other                      Wholesale-Nondurable Goods               McHenry              Route Distribution                                                                                       $                90,000    $              97,000               0.93   $      250,000                0.36   $       60,000         1.50
Retail - Restaurant        Restaurants                              DuPage               Once-in-a-Lifetime Restaurant Opportunity                                                                $              250,000     $             250,000               1.00   $      400,000                0.63   $       90,000         2.78
Retail - Other             Gasoline Service Stations                Lake                 Best Gas Mart, Wash-Food.                                                                                $            2,100,000     $           2,500,000               0.84   $    5,000,000                0.42   $      350,000         6.00
Service                    Drycleaning/Laundry Services             Lake                 Dry Cleaning Business, FN.                                                                               $              180,000     $             200,000               0.90   $      260,000                0.69   $      160,000         1.13
Retail - Restaurant        Restaurants                              DuPage               Pizza-Restaurant Business.R.E.                                                                           $              467,000     $             550,000               0.85   $      500,000                0.93   $      150,000         3.11
Retail - Other             Supermarkets                             Cook                 Gas Mart & Liquor Biz only.                                                                              $              700,000     $             750,000               0.93   $    5,000,000                0.14   $      150,000         4.67
Service                    Hotels & Other Lodging Places            DuPage               Bed & Breakfast. FNW.                                                                                    $              800,000     $             875,000               0.91   $      260,000                3.08   $      150,000         5.33
Other                      Internet-Consumer Services (B2C)         Will                 Fast Growing Exercise Equipment Website                                                                  $              215,000     $             250,000               0.86   $      615,245                0.35   $       74,634         2.88
Retail - Restaurant        Restaurants                              Cook                 Restau/Prop/Elmwood Park IL                                                                              $            1,000,000     $           1,200,000               0.83   $      873,000                1.15   $      192,568         5.19
Retail - Other             Florists                                 Cook                 Florist                                                                                                  $                55,000    $              55,000               1.00   $      117,000                0.47   $       38,031         1.45
Service                    Drycleaning/Laundry Services             Cook                 Cleaners W. Drop-Off Biz. NW.                                                                            $              100,000     $             120,000               0.83   $      180,000                0.56   $       60,000         1.67
Retail - Restaurant        Restaurants                              DuPage               Pizza Business W. R.E.                                                                                   $              600,000     $             650,000               0.92   $      500,000                1.20   $      120,000         5.00
Retail - Other             Miscellaneous Retail                     Cook                 Outdoor Power Equipment Sales & Service                                                                  $              246,000     $             298,000               0.83   $      544,798                0.45   $      129,220         1.90
Service                    Beauty Salons, Barber Shops              Lake                 Spa for Sale in Chicago, North Suburbs                                                                   $                35,000    $              40,000               0.88   $      179,000                0.20   $       40,000         0.88
Retail - Restaurant        Restaurants                              Cook                 Family Restaurant-R.E.                                                                                   $              800,000     $           1,000,000               0.80   $      540,000                1.48   $      135,000         5.93
Retail - Other             Gasoline Service Stations                Cook                 Grocery Business Only.                                                                                   $            1,500,000     $           1,800,000               0.83   $    5,500,000                0.27   $      450,000         3.33
Service                    Hotels & Other Lodging Places            Lake                 Gas Mart-Food-Liquor-Wash.                                                                               $            2,400,000     $           2,500,000               0.96   $    5,000,000                0.48   $      325,000         7.38
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q3 2008

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                             Avg. Multiple of                           Avg. Multiple of
     Business Type                 N              Sale Price        Median Revenue           Revenue           Median Cash Flow        Cash Flow                                                  Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q3 2008
Retail - Restaurant               114         $          227,000    $         455,000                   0.61   $            91,000              3.08                                               The median asking price for businesses for sale in this market on BizBuySell was $292,000.
Retail - Other                    179         $          289,000    $         400,000                   0.80   $            97,082              3.33                                              These businesses had a median revenue of $430,000 and a median cash flow of $101,344.
Service                           249         $          270,000    $         400,000                   0.95   $         103,826                3.49                                              Owners asked for, on average, a revenue multiple of 0.86 and a cash flow multiple of 3.42.
Manufacturing                      30         $          550,000    $         792,388                   0.77   $         150,684                3.71
Other                              79         $          475,000    $         534,749                   1.12   $         142,809                3.80
Total                             651         $          292,000    $         430,000                   0.86   $         101,344                3.42                                               Brokers reported 41 closed transactions in this market to BizBuySell in Q3 2008. Businesses
                                                                                                                                                                                                  sold for a median sale price of $605,000. On average, this is 0.88 of the ask price. These
Breakdown of Active Listings by Asking Price                                                                                                                                                      businesses had a median revenue of $700,000 and a median cash flow of $151,000. Business
          Price                Number             % of Total                                                                                                                                      buyers paid on average 0.89 times revenue and 4.71 times cash flow.
$0 - $50,000                       22                          3%
$50,001 - $100,000                 75                        12%
$100,001 - $200,000               153                        24%
$200,001 - $300,000               103                        16%
$300,001 - $500,000               110                        17%
$500,001 - $1,000,000             113                        17%
$1,000,001+                        75                        12%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                     County           Ad Headline                                                                        Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             41           $             605,000      $            850,000               0.88    $     700,000                 0.89   $     151,000          4.71

Retail - Restaurant        Restaurants                              Cook                 Pizza/Elk Grove Village, IL                                                                              $              130,000     $             145,000               0.90   $      312,000                0.42   $       92,000         1.41
Retail - Other             Supermarkets                             Cook                 50+ Room Motel-Bar-Food.                                                                                 $            2,000,000     $           2,200,000               0.91   $      500,000                4.00   $      200,000        10.00
Service                    Hotels & Other Lodging Places            Cook                 50+ Room Motel-Food-Bar-R.E.                                                                             $            2,000,000     $           2,200,000               0.91   $      500,000                4.00   $      200,000        10.00
Manufacturing              Primary Metal Industries                 Cook                 Screw Machine Products Company                                                                           $            2,150,000     $           2,150,000               1.00   $    3,800,000                0.57   $      410,000         5.24
Other                      Internet-General Internet                Cook                 E-Commerce Serving Senior Citizens Household Needs-Up 371%                                               $            1,250,000     $           1,450,000               0.86   $    1,460,651                0.86   $      392,127         3.19
Retail - Restaurant        Restaurants                              Cook                 Restaurant                                                                                               $              385,000     $             425,000               0.91   $      275,000                1.40   $       90,000         4.28
Retail - Other             Liquor Stores                            Lake                 Large Gas Mart-Wash-R.E.                                                                                 $            2,400,000     $           2,500,000               0.96   $    4,500,000                0.53   $      360,000         6.67
Service                    Finance, Banking, Loans, etc.            Cook                 Tax Franchise Business                                                                                   $              560,000     $             850,000               0.66   $      750,000                0.75   $      240,000         2.33
Manufacturing              Industrial & Comm. Machinery             DuPage               Reputable Manufacturing Company with Own Product Line                                                    $            1,000,000     $           1,500,000               0.67   $    2,000,000                0.50   $      250,000         4.00
Retail - Restaurant        Restaurants                              Cook                 Italian Restaurant and Deli                                                                              $              221,000     $             229,000               0.97   $      450,000                0.49   $       80,000         2.76
Retail - Other             Bars/Taverns                             Cook                 Bar-Restaurant                                                                                           $              280,000     $             280,000               1.00   $      425,000                0.66   $       90,000         3.11
Service                    Educational Services                     DuPage               Reduced Learning Center w/ Strong, Consistent Cash Flow in Great Area                                    $              375,000     $             449,500               0.83   $      555,000                0.68   $      151,000         2.48
Retail - Restaurant        Restaurants                              Cook                 Restaurant- Fast Food                                                                                    $              220,000     $             249,000               0.88   $      460,000                0.48   $       50,000         4.40
Retail - Other             Bars/Taverns                             Cook                 Night Club and Bar                                                                                       $              605,000     $             750,000               0.81   $      900,000                0.67   $      275,000         2.20
Service                    Amusement & Recreation                   Cook                 Birthday party franchise-NET 400k+                                                                       $            1,235,000     $           1,350,000               0.91   $    1,232,632                1.00   $      401,800         3.07
Retail - Restaurant        Restaurants                              Cook                 Restaurant-Chicago                                                                                       $            1,150,000     $           1,150,000               1.00   $      700,000                1.64   $      150,000         7.67
Retail - Other             Other Eating & Drinking Places           Cook                 Coffee Shop                                                                                              $              282,000     $             285,000               0.99   $      350,000                0.81   $       95,000         2.97
Service                    Educational Services                     Kane                 Profitable Learning Center in Upscale Suburb                                                             $              425,000     $             575,000               0.74   $      615,000                0.69   $      151,000         2.81
Retail - Restaurant        Restaurants                              Cook                 Sports Bar-Pizzeria-Banquet-R.E.                                                                         $            1,900,000     $           2,500,000               0.76   $      800,000                2.38   $      100,000        19.00
Retail - Other             Automotive Dealers                       Cook                 Automotive Tire Center                                                                                   $              249,000     $             280,000               0.89   $      200,000                1.25   $      140,000         1.78
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q2 2008

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                              Avg. Multiple of                           Avg. Multiple of
     Business Type                 N              Sale Price          Median Revenue          Revenue              Median Cash Flow     Cash Flow                                                 Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q2 2008
Retail - Restaurant               106         $          209,500      $         414,490                  0.62      $        97,977               2.92                                              The median asking price for businesses for sale in this market on BizBuySell was $280,000.
Retail - Other                    190         $          280,000      $         393,500                  0.76      $       100,000               3.32                                             These businesses had a median revenue of $445,882 and a median cash flow of $103,826.
Service                           240         $          267,500      $         411,748                  0.98      $       102,706               3.51                                             Owners asked for, on average, a revenue multiple of 0.84 and a cash flow multiple of 3.32.
Manufacturing                      31         $          550,000      $         722,360                  0.87      $       175,000               3.59
Other                              74         $          425,000      $         557,604                  0.88      $       142,916               3.18
Total                             641         $          280,000      $         445,882                  0.84      $       103,826               3.32                                              Brokers reported 53 closed transactions in this market to BizBuySell in Q2 2008. Businesses
                                                                                                                                                                                                  sold for a median sale price of $600,000. On average, this is 0.88 of the ask price. These
Breakdown of Active Listings by Asking Price                                                                                                                                                      businesses had a median revenue of $924,000 and a median cash flow of $160,000. Business
          Price                Number               % of Total                                                                                                                                    buyers paid on average 0.56 times revenue and 4.64 times cash flow.
$0 - $50,000                       24                            4%
$50,001 - $100,000                 83                        13%
$100,001 - $200,000               151                        24%
$200,001 - $300,000                92                        14%
$300,001 - $500,000               104                        16%
$500,001 - $1,000,000             107                        17%
$1,000,001+                        80                        12%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                       County          Ad Headline                                                                       Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             53           $             600,000      $            689,000               0.88    $     924,000                 0.56   $     160,000          4.64

Retail - Restaurant        Restaurants                                Cook                Fast Food in Alsip, IL                                                                                  $                70,000    $              85,000               0.82   $      378,000                0.19   $       75,165         0.93
Retail - Other             Gasoline Service Stations                  Lake                New gas mart & wash.                                                                                    $            3,000,000     $           3,000,000               1.00   $    4,000,000                0.75   $      200,000        15.00
Service                    Auto Repair, Parts & Services              Cook                Auto Lube, Car Wash & R.E.                                                                              $            1,400,000     $           1,400,000               1.00   $      704,206                1.99   $      225,155         6.22
Manufacturing              Furniture and Fixtures                     DuPage              Designer Furn/Cab Finishing - High Demand High Profit                                                   $              180,000     $             207,000               0.87   $      450,000                0.40   $      135,000         1.33
Other                      Wholesale-Durable Goods                    Cook                Commercial and Industrial Door and Hardware Distribution                                                $            1,950,000     $           2,000,000               0.98   $    4,500,000                0.43   $      500,000         3.90
Retail - Restaurant        Restaurants                                DuPage              **Contract Pending** Deli Sandwich Shop w/ Fully Equipped Kitchen                                       $                52,000    $              69,000               0.75   $      150,000                0.35   $       30,000         1.73
Retail - Other             Liquor Stores                              Cook                Liquor Store-Rentals-R.E.                                                                               $            2,000,000     $           2,250,000               0.89   $    1,300,000                1.54   $      275,000         7.27
Service                    Auto Repair, Parts & Services              DuPage              Auto Service Franchise                                                                                  $              150,000     $             150,000               1.00   $      350,000                0.43   $       72,000         2.08
Retail - Restaurant        Restaurants                                DuPage              Family Style Restaurant w/ seating up to 80, opened 6 days                                              $              119,900     $             119,900               1.00   $      350,000                0.34   $       50,000         2.40
Retail - Other             Liquor Stores                              Cook                Liquor Store for Sale in Chicago, Northern Suburbs                                                      $              600,000     $             689,000               0.87   $    2,364,000                0.25   $      279,000         2.15
Service                    Drycleaning/Laundry Services               Cook                Commercial and Personal Dry Cleaning Service                                                            $              195,000     $             195,000               1.00   $      369,000                0.53   $      120,000         1.63
Manufacturing              Fabricated Metal Products                  Cook                Metal Manufacturing For Sale in Chicago                                                                 $            1,000,000     $           1,074,000               0.93   $    1,984,882                0.50   $      254,398         3.93
Retail - Restaurant        Restaurants                                Cook                Chinese Restaurant                                                                                      $                75,000    $              95,000               0.79   $      491,000                0.15   $       62,900         1.19
Retail - Other             Gasoline Service Stations                  DuPage              Large mart & gas.                                                                                       $            2,460,000     $           2,500,000               0.98   $    7,000,000                0.35   $      290,000         8.48
Service                    Auto Repair, Parts & Services              Cook                Midas Auto Service-Biz Only.                                                                            $              270,000     $             300,000               0.90   $      550,000                0.49   $       90,000         3.00
Retail - Restaurant        Restaurants                                Cook                Diner: NW Chicago suburb                                                                                $                80,000    $              89,000               0.90   $      275,000                0.29   $       30,000         2.67
Retail - Other             Gasoline Service Stations                  Cook                $2.5M Sales. Gas Mart & R.E.                                                                            $            1,500,000     $           1,677,777               0.89   $    2,577,777                0.58   $      167,777         8.94
Service                    Beauty Salons, Barber Shops                DuPage              Tanning Salon - Established Clients - Updated Equipment                                                 $                32,000    $              39,000               0.82   $      300,000                0.11   $       24,000         1.33
Retail - Restaurant        Restaurants                                Cook                The Original Sandwich Factory                                                                           $              599,000     $             599,900               1.00   $    1,500,000                0.40   $      150,000         3.99
Retail - Other             Convenience Stores                         Lake                High Volume Citgo North Suburb Chicago                                                                  $            1,700,000     $           2,250,000               0.76   $      487,200                3.49   $      300,000         5.67
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q1 2008

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                             Avg. Multiple of                          Avg. Multiple of
     Business Type                 N              Sale Price         Median Revenue          Revenue           Median Cash Flow       Cash Flow                                                   Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q1 2008
Retail - Restaurant                92         $          244,000    $         400,000                   0.64   $          96,414                3.08                                               The median asking price for businesses for sale in this market on BizBuySell was $260,000.
Retail - Other                    180         $          249,000    $         389,267                   0.69   $          98,459                3.22                                              These businesses had a median revenue of $407,644 and a median cash flow of $100,000.
Service                           238         $          237,500    $         364,930                   1.03   $          93,013                3.61                                              Owners asked for, on average, a revenue multiple of 0.85 and a cash flow multiple of 3.38.
Manufacturing                      26         $          477,000    $         587,683                   0.96   $         163,792                3.53
Other                              65         $          425,000    $         550,000                   0.87   $         142,809                3.34
Total                             601         $          260,000    $         407,644                   0.85   $         100,000                3.38                                               Brokers reported 45 closed transactions in this market to BizBuySell in Q1 2008. Businesses
                                                                                                                                                                                                  sold for a median sale price of $275,000. On average, this is 0.87 of the ask price. These
Breakdown of Active Listings by Asking Price                                                                                                                                                      businesses had a median revenue of $407,644 and a median cash flow of $115,700. Business
          Price                Number             % of Total                                                                                                                                      buyers paid on average 0.63 times revenue and 4.03 times cash flow.
$0 - $50,000                       23                          4%
$50,001 - $100,000                 78                        13%
$100,001 - $200,000               151                        25%
$200,001 - $300,000                91                        15%
$300,001 - $500,000                98                        16%
$500,001 - $1,000,000              88                        15%
$1,000,001+                        72                        12%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                     County           Ad Headline                                                                        Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             45           $             275,000      $            285,000               0.87    $     407,644                 0.63   $     115,700          4.03

Retail - Restaurant        Restaurants                              DuPage               Beautiful Pizza Restaurant                                                                               $                75,000    $              98,000               0.77   $      300,000                0.25   $       50,000         1.50
Retail - Other             Gasoline Service Stations                Kane                 Service Station & R.E.                                                                                   $            1,650,000     $           1,650,000               1.00   $    4,537,277                0.36   $      267,587         6.17
Service                    Beauty Salons, Barber Shops              DuPage               Tanning Salon - Established Clients - Updated Equipment                                                  $                32,000    $              39,000               0.82   $      160,000                0.20   $       24,000         1.33
Manufacturing              Miscellaneous                            DuPage               Manufacturing Co. with Patented Products                                                                 $              850,000     $           1,049,000               0.81   $      813,490                1.04   $      194,485         4.37
Retail - Restaurant        Restaurants                              Cook                 Beakfast Lunch in Elk Grove Village                                                                      $              110,000     $             125,000               0.88   $      364,000                0.30   $       79,000         1.39
Retail - Other             Gasoline Service Stations                Cook                 Newer Gas Mart-R.E-Terms.                                                                                $            3,050,000     $           3,300,000               0.92   $    5,000,000                0.61   $      400,000         7.63
Service                    Drycleaning/Laundry Services             Cook                 Well established neighborhood Laundromat                                                                 $                63,000    $              80,000               0.79   $       90,000                0.70   $       25,000         2.52
Retail - Restaurant        Restaurants                              Cook                 Pizza Shop                                                                                               $                85,000    $              85,000               1.00   $      197,600                0.43   $       65,765         1.29
Retail - Other             Gasoline Service Stations                DuPage               Large Newer Gas Mart-Terms.                                                                              $            2,400,000     $           2,500,000               0.96   $    7,000,000                0.34   $      290,000         8.28
Service                    Drycleaning/Laundry Services             Cook                 Newly Renovated Coin Laundry in Chicago                                                                  $              125,000     $             199,000               0.63   $      250,000                0.50   $       35,000         3.57
Retail - Restaurant        Restaurants                              Cook                 Pizzeria / Evanston                                                                                      $                34,000    $              65,000               0.52   $      192,000                0.18   $        2,184        15.57
Retail - Other             Gasoline Service Stations                DuPage               $7M.Sales.Lg. Gas Mart-R.E.                                                                              $            2,400,000     $           2,500,000               0.96   $    7,000,000                0.34   $      290,000         8.28
Service                    Auto Repair, Parts & Services            DuPage               Auto Service-Gas. Terms-R.E.                                                                             $            1,160,000     $           1,260,000               0.92   $      924,000                1.26   $      259,000         4.48
Retail - Other             Gasoline Service Stations                Lake                 $4.5M Sales. Gas Mart-Wash-RE.                                                                           $            2,400,000     $           2,400,000               1.00   $    4,500,000                0.53   $      360,000         6.67
Service                    Auto Repair, Parts & Services            DuPage               4 Bay Auto Franchise.                                                                                    $                78,000    $              95,000               0.82   $      230,000                0.34   $       47,903         1.63
Retail - Other             Liquor Stores                            Lake                 Newer Liquor Store/s-Terms.                                                                              $              600,000     $             900,000               0.67   $    1,500,000                0.40   $      200,000         3.00
Service                    Auto Repair, Parts & Services            DuPage               6 Bay Auto Repair-Gas-Terms.                                                                             $              435,000     $             460,000               0.95   $      924,000                0.47   $      181,000         2.40
Retail - Other             Gasoline Service Stations                Will                 New Gas Mart-2 Wash-R.E.                                                                                 $            1,200,000     $           1,600,000               0.75   $    3,000,000                0.40   $      180,000         6.67
Service                    Auto Repair, Parts & Services            Cook                 Lube Pros w.R.E. & Terms.                                                                                $              400,000     $             500,000               0.80   $      300,000                1.33   $       93,000         4.30
Retail - Other             Gasoline Service Stations                Will                 $2.5MSales.Mart-r.e. terms.                                                                              $            1,000,000     $           1,000,000               1.00   $    2,507,777                0.40   $      127,777         7.83
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q4 2007

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                             Avg. Multiple of                            Avg. Multiple of
     Business Type                 N              Sale Price        Median Revenue           Revenue             Median Cash Flow       Cash Flow                                                 Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q4 2007
Retail - Restaurant                55         $          249,000    $         405,600                   0.60     $          96,001                3.13                                             The median asking price for businesses for sale in this market on BizBuySell was $250,000.
Retail - Other                    163         $          199,000    $         383,561                   0.68     $          85,000                3.47                                            These businesses had a median revenue of $401,000 and a median cash flow of $96,520.
Service                           223         $          235,000    $         346,451                   0.93     $          96,520                3.40                                            Owners asked for, on average, a revenue multiple of 0.82 and a cash flow multiple of 3.44.
Manufacturing                      35         $          350,000    $         473,172                   0.92     $         135,000                3.51
Other                              57         $          489,000    $         652,096                   0.92     $         143,022                3.72
Total                             533         $          250,000    $         401,000                   0.82     $          96,520                3.44                                             Brokers reported 28 closed transactions in this market to BizBuySell in Q4 2007. Businesses
                                                                                                                                                                                                  sold for a median sale price of $425,000. On average, this is 0.92 of the ask price. These
Breakdown of Active Listings by Asking Price                                                                                                                                                      businesses had a median revenue of $545,000 and a median cash flow of $160,456. Business
          Price                Number             % of Total                                                                                                                                      buyers paid on average 0.75 times revenue and 3.75 times cash flow.
$0 - $50,000                       23                          4%
$50,001 - $100,000                 66                        12%
$100,001 - $200,000               142                        27%
$200,001 - $300,000                80                        15%
$300,001 - $500,000                79                        15%
$500,001 - $1,000,000              84                        16%
$1,000,001+                        59                        11%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                     County           Ad Headline                                                                        Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             28           $             425,000      $            437,500               0.92    $     545,000                 0.75   $     160,457          3.75

Retail - Restaurant        Restaurants                              Cook                 Breakfast Lunch Only/FP                                                                                  $              165,000     $             189,000               0.87   $      540,000                0.31   $      115,165         1.43
Retail - Other             Other Eating & Drinking Places           McHenry              $30K Down! Multi-Unit Independent Deli & Smoothie Business                                               $              149,000     $             149,000               1.00   $      350,000                0.43   $       40,000         3.73
Service                    Beauty Salons, Barber Shops              Cook                 A Classic Hair Salon Owned by a Certified Hair Color Educator!                                           $                90,000    $             115,000               0.78   $      316,000                0.28   $       43,000         2.09
Manufacturing              Lumber and Wood Products                 DuPage               Profitable Niche Pallet Recycler - Now Certifies International                                           $              575,000     $             595,000               0.97   $    2,030,000                0.28   $      207,000         2.78
Retail - Restaurant        Restaurants                              Lake                 Fast Food - Deerfield                                                                                    $              200,000     $             249,000               0.80   $      405,600                0.49   $      134,000         1.49
Retail - Restaurant        Restaurants                              Cook                 6000 S.F. Family Restaurant                                                                              $            1,000,000     $           1,200,000               0.83   $    1,200,000                0.83   $      200,000         5.00
Retail - Other             Automotive Dealers                       Cook                 Upscale newly built auto dealership,Harvey{s pride.                                                      $              500,000     $             500,000               1.00   $      900,000                0.56   $      200,000         2.50
Retail - Restaurant        Restaurants                              Cook                 Chicken Franchise Biz Only.                                                                              $              200,000     $             230,000               0.87   $      550,000                0.36   $      100,000         2.00
Retail - Other             Other Eating & Drinking Places           Cook                 Largest night club in the City.                                                                          $            2,400,000     $           2,400,000               1.00   $    3,000,000                0.80   $      450,000         5.33
Retail - Restaurant        Restaurants                              Cook                 Fast Food-Drive Thru/RG                                                                                  $                43,000    $              75,000               0.57   $      218,000                0.20   $       61,352         0.70
Retail - Other             Miscellaneous Retail                     Cook                 Three Businesses in one ,TV repair,video sales & CD sales.                                               $                40,000    $              40,000               1.00   $      110,000                0.36   $       80,000         0.50
Service                    Auto Repair, Parts & Services            Cook                 Car wash-real estate-Terms.                                                                              $            1,999,999     $           1,999,000               1.00   $      677,777                2.95   $      177,777        11.25
Retail - Restaurant        Restaurants                              McHenry              Closed Bar & Restaurant-R.E.                                                                             $              900,000     $           1,250,000               0.72   $      500,000                1.80   $       50,000        18.00
Retail - Other             Convenience Stores                       Cook                 Largest Liquor Chain in Town.                                                                            $              550,000     $             550,000               1.00   $      710,808                0.77   $      250,000         2.20
Service                    Auto Repair, Parts & Services            Kendall              Car Wash with Real Estate.                                                                               $            2,300,000     $           2,599,999               0.88   $      999,999                2.30   $      288,000         7.99
Retail - Other             Gasoline Service Stations                Cook                 $3.5M Sales.Gas mart & r.e.                                                                              $            1,000,000     $           1,477,777               0.68   $    3,507,777                0.29   $      257,777         3.88
Service                    Other Personal Services                  DuPage               Radon Mitigation Business                                                                                $              300,000     $             305,000               0.98   $      566,102                0.53   $      143,136         2.10
Retail - Other             Gasoline Service Stations                Cook                 Gas Mart Real Estate-Terms.                                                                              $            1,200,000     $           1,500,000               0.80   $    1,900,000                0.63   $       90,000        13.33
Service                    Amusement & Recreation                   Kendall              Priced to Sell! Women's Fitness Center - Franchise                                                       $                9,999     $               9,999               1.00   $       99,114                0.10   $       20,499         0.49
Service                    Auto Repair, Parts & Services            Cook                 Diamond in the Rough Auto Repair Shop                                                                    $              170,500     $             175,000               0.97   $      432,000                0.39   $      182,000         0.94
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q3 2007

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                              Avg. Multiple of                           Avg. Multiple of
     Business Type                 N              Sale Price           Median Revenue         Revenue           Median Cash Flow        Cash Flow                                                 Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q3 2007
Retail - Restaurant                49         $           199,500     $         405,000                  0.61   $           89,000                 3.22                                            The median asking price for businesses for sale in this market on BizBuySell was $275,000.
Retail - Other                    131         $           214,000     $         394,312                  0.74   $           84,000                 3.85                                           These businesses had a median revenue of $400,000 and a median cash flow of $96,520.
Service                           205         $           250,000     $         353,649                  0.93   $           98,000                 3.46                                           Owners asked for, on average, a revenue multiple of 0.90 and a cash flow multiple of 3.65.
Manufacturing                      38         $           415,000     $         365,000                  0.98   $          101,885                 3.79
Other                              56         $           497,500     $         551,818                  1.43   $          146,511                 4.15
Total                             479         $           275,000     $         400,000                  0.90   $           96,520                 3.65                                            Brokers reported 16 closed transactions in this market to BizBuySell in Q3 2007. Businesses
                                                                                                                                                                                                  sold for a median sale price of $225,000. On average, this is 0.82 of the ask price. These
Breakdown of Active Listings by Asking Price                                                                                                                                                      businesses had a median revenue of $556,500 and a median cash flow of $89,500. Business
          Price                Number             % of Total                                                                                                                                      buyers paid on average 0.44 times revenue and 2.22 times cash flow.
$0 - $50,000                       17                            4%
$50,001 - $100,000                 59                        12%
$100,001 - $200,000               126                        26%
$200,001 - $300,000                71                        15%
$300,001 - $500,000                69                        14%
$500,001 - $1,000,000              87                        18%
$1,000,001+                        50                        10%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                       County          Ad Headline                                                                       Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             16           $             225,000      $            312,500               0.82    $     556,500                 0.44   $       89,500         2.22

Retail - Restaurant        Restaurants                                Kane                Breakfast Lunch - Elgin                                                                                 $                85,000    $              95,000               0.89   $      216,000                0.39   $       62,838         1.35
Retail - Other             Liquor Stores                              McHenry             Thriving Liquor & Convenience Store For Sale!!!                                                         $              225,000     $             275,000               0.82   $      900,000                0.25   $       90,000         2.50
Service                    Freight, Moving/Delivery                   Cook                Busy and Growing Refrigerated Carrier                                                                   $              185,000     $             550,000               0.34   $    1,321,000                0.14   $      213,000         0.87
Manufacturing              Stone, Clay, Glass, Concrete               Cook                Established Niche Manufacturing Company For Sale                                                        $              225,000     $             250,000               0.90   $      300,000                0.75   $       80,000         2.81
Retail - Restaurant        Restaurants                                Kane                Beef & Hot Dog Place - Priced To Sell                                                                   $              149,999     $             149,999               1.00   $      405,000                0.37   $       89,000         1.69
Retail - Other             Blding Mat., Hardware, Garden              DuPage              Best Spas % More - High Profit - People Skills Only Requirement                                         $                75,000    $              76,000               0.99   $      450,000                0.17   $       45,000         1.67
Manufacturing              Fabricated Metal Products                  Kenosha             Profitable Machine Shop -Highly Motivated to Sell Now!                                                  $              225,000     $             350,000               0.64   $      337,782                0.67   $       60,000         3.75
Retail - Restaurant        Restaurants                                Cook                Wine Bar                                                                                                $                35,000    $             149,000               0.23   $      300,000                0.12   $       75,000         0.47
Service                    Educational Services                       Will                Franchised tutoring center...170k owner cash flow!!!                                                    $              455,000     $             489,000               0.93   $      538,000                0.85   $      170,000         2.68
Other                      Electric, Gas, Water, Sanitary Svcs        DuPage              Electrical Contracting Business-Commercial/Industrial Clients                                           $              600,000     $             680,000               0.88   $      641,930                0.93   $      280,423         2.14
Retail - Restaurant        Restaurants                                Lake                Fast Food with Drive-Thru                                                                               $              310,000     $             355,000               0.87   $      684,000                0.45   $      155,000         2.00
Service                    Other Personal Services                    DuPage              Well established, profitable Tanning Salon priced for quick sale                                        $               70,000     $              74,500               0.94   $      126,000                0.56   $       30,000         2.33
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q2 2007

BizBuySell Active Listings - Business for Sale Data

                                                  Median Asking                            Avg. Multiple of                          Avg. Multiple of
     Business Type                 N                Sale Price         Median Revenue         Revenue           Median Cash Flow       Cash Flow                                                  Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q2 2007
Retail - Restaurant                35         $          169,000      $         324,000                  0.57   $           67,729              2.83                                               The median asking price for businesses for sale in this market on BizBuySell was $285,000.
Retail - Other                     99         $          225,000      $         390,000                  0.75   $           80,000              3.77                                              These businesses had a median revenue of $353,000 and a median cash flow of $93,000.
Service                           147         $          275,000      $         350,000                  0.96   $         100,000               3.49                                              Owners asked for, on average, a revenue multiple of 1.19 and a cash flow multiple of 3.94.
Manufacturing                      26         $          372,500      $         333,370                  1.21   $           97,052              3.26
Other                              38         $          625,000      $         416,964                  3.78   $         131,992               7.60
Total                             345         $          285,000      $         353,000                  1.19   $          93,000               3.94                                               Brokers reported 35 closed transactions in this market to BizBuySell in Q2 2007. Businesses
                                                                                                                                                                                                  sold for a median sale price of $200,000. On average, this is 0.87 of the ask price. These
Breakdown of Active Listings by Asking Price                                                                                                                                                      businesses had a median revenue of $648,000 and a median cash flow of $114,000. Business
          Price                Number               % of Total                                                                                                                                    buyers paid on average 0.48 times revenue and 3.17 times cash flow.
$0 - $50,000                       19                            6%
$50,001 - $100,000                 44                        13%
$100,001 - $200,000                76                        22%
$200,001 - $300,000                50                        14%
$300,001 - $500,000                62                        18%
$500,001 - $1,000,000              58                        17%
$1,000,001+                        36                        10%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                       County          Ad Headline                                                                       Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             35           $             200,000      $            275,000               0.87    $     648,000                 0.48   $     114,000          3.17

Retail - Restaurant        Restaurants                                Lake                Sub Sandwich Restaurant                                                                                 $              150,000     $             169,000               0.89   $      336,000                0.45   $       51,300         2.92
Retail - Other             Other Eating & Drinking Places             Cook                Low Rent Quiznos Money Maker....Owner Retiring, Make An Offer!                                          $                90,000    $              99,000               0.91   $      310,000                0.29   $       25,000         3.60
Manufacturing              Printing, Publishing                       Will                Independent Sign Store In Western Suburbs                                                               $              195,000     $             195,000               1.00   $      315,000                0.62   $       75,000         2.60
Retail - Restaurant        Restaurants                                Cook                Wings Express in Chicago                                                                                $                70,000    $              79,000               0.89   $      288,000                0.24   $       65,000         1.08
Retail - Other             Liquor Stores                              Will                New Liquor Store Location.                                                                              $              250,000     $             347,777               0.72   $      907,777                0.28   $      127,777         1.96
Service                    Auto Repair, Parts & Services              Will                4 Bay Auto Service & R.E.                                                                               $              501,000     $             500,000               1.00   $      450,000                1.11   $      120,000         4.18
Retail - Restaurant        Restaurants                                Cook                Profitable Restaurant in NW Subs                                                                        $              250,000     $             320,000               0.78   $    1,500,000                0.17   $      130,000         1.92
Retail - Other             Gasoline Service Stations                  Kane                3 Bay Mobil Franchise-R.E.                                                                              $            1,825,000     $           1,850,000               0.99   $    4,537,277                0.40   $      280,728         6.50
Service                    Auto Repair, Parts & Services              Kane                $4.5M Sales,3 Bay Gas Mart.                                                                             $            1,825,000     $           1,850,000               0.99   $    4,537,277                0.40   $      280,728         6.50
Retail - Restaurant        Restaurants                                DuPage              Nancy{s Pizzeria / Roselle                                                                              $                80,000    $              99,000               0.81   $      312,734                0.26   $      284,000         0.28
Retail - Other             Gasoline Service Stations                  Cook                Gas Mart-Wash R.E.-Terms.                                                                               $              900,000     $             977,777               0.92   $    1,900,000                0.47   $       90,000        10.00
Service                    Auto Repair, Parts & Services              DuPage              6 Bay Auto Service-Gas-R.E.                                                                             $            1,200,000     $           1,200,000               1.00   $    1,050,000                1.14   $      240,000         5.00
Retail - Restaurant        Restaurants                                Kane                Restaurant in South Elgin                                                                               $              135,000     $             180,000               0.75   $      648,000                0.21   $      150,000         0.90
Retail - Other             Gasoline Service Stations                  Lake                Gas Mart-Wash-R.E.                                                                                      $            2,200,000     $           2,377,777               0.93   $    5,077,777                0.43   $      407,777         5.40
Service                    Auto Repair, Parts & Services              DuPage              6 Bay Marathon Gas Station.                                                                             $              395,000     $             395,000               1.00   $    1,050,000                0.38   $      162,000         2.44
Retail - Other             Gasoline Service Stations                  DuPage              $4M Sales.Gas mart & r.e.                                                                               $            2,100,000     $           2,100,000               1.00   $    4,007,777                0.52   $      297,777         7.05
Service                    Auto Repair, Parts & Services              DuPage              4-Bay Meineke Car Care Ctr.                                                                             $                65,000    $              77,777               0.84   $      230,000                0.28   $       47,903         1.36
Retail - Other             Gasoline Service Stations                  Cook                Gas Mart Biz Only.                                                                                      $              500,000     $             600,000               0.83   $    4,000,000                0.13   $      150,000         3.33
Service                    Auto Repair, Parts & Services              Cook                1-2 Up-Dated Midas Service.                                                                             $              350,000     $             350,000               1.00   $      550,000                0.64   $       82,500         4.24
Retail - Other             Home Furniture & Furnishings               DuPage              Art Gallery / Framing Business for Sale                                                                 $               82,000     $              99,000               0.83   $      246,594                0.33   $       73,775         1.11
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.
BizBuySell Local Quarterly Insight Report
Chicago-Naperville-Joliet, IL-IN-WI
Q1 2007

BizBuySell Active Listings - Business for Sale Data

                                                Median Asking                              Avg. Multiple of                            Avg. Multiple of
     Business Type                 N              Sale Price           Median Revenue         Revenue           Median Cash Flow         Cash Flow                                                Summary - Chicago-Naperville-Joliet, IL-IN-WI, Q1 2007
Retail - Restaurant                9          $          435,000      $         474,000                  0.76     $        101,000                 3.38                                            The median asking price for businesses for sale in this market on BizBuySell was $250,000.
Retail - Other                     37         $          250,000      $         424,000                  0.87     $          91,000                3.92                                           These businesses had a median revenue of $419,000 and a median cash flow of $100,000.
Service                            55         $          220,000      $         346,451                  1.05     $          82,053                4.22                                           Owners asked for, on average, a revenue multiple of 1.26 and a cash flow multiple of 4.33.
Manufacturing                      6          $          303,500      $         885,750                  0.82     $        194,699                 2.79
Other                              17         $          835,000      $         490,000                  3.22     $        205,442                 6.64
Total                             124         $          250,000      $         419,000                  1.26     $        100,000                 4.33                                            Brokers reported 25 closed transactions in this market to BizBuySell in Q1 2007. Businesses
                                                                                                                                                                                                  sold for a median sale price of $300,000. On average, this is 0.91 of the ask price. These
Breakdown of Active Listings by Asking Price                                                                                                                                                      businesses had a median revenue of $807,000 and a median cash flow of $135,000. Business
          Price                Number               % of Total                                                                                                                                    buyers paid on average 0.67 times revenue and 3.43 times cash flow.
$0 - $50,000                       8                             6%
$50,001 - $100,000                 10                            8%
$100,001 - $200,000                33                        27%
$200,001 - $300,000                17                        14%
$300,001 - $500,000                16                        13%
$500,001 - $1,000,000              15                        12%
$1,000,001+                        25                        20%


Recently Closed Transactions Examples*
                               Business                                                                                                                                        Total Closed                                                                                                 Revenue                           Cash Flow
     Business Type             Subtype                                       County          Ad Headline                                                                       Transactions              Sale Price              Asking Price         Sale/Ask Ratio        Revenue         Multiple             Cash Flow     Multiple
Summary data for all closed transactions                                                                                                                                             25           $             300,000      $            375,000               0.91    $     807,000                 0.67   $     135,000          3.43

Retail - Restaurant        Restaurants                                Cook                Breakfast / Lunch Only                                                                                  $              150,000     $             195,000               0.77   $      540,000                0.28   $       85,000         1.76
Retail - Other             Gasoline Service Stations                  Kane                3 Bay Major Gas Mart                                                                                    $              595,000     $             595,000               1.00   $    4,500,000                0.13   $      192,000         3.10
Service                    Auto Repair, Parts & Services              Cook                The Best Known Full Service Auto Franchise In The Best NW Location!                                     $              170,000     $             275,000               0.62   $      495,000                0.34   $       50,000         3.40
Manufacturing              Furniture and Fixtures                     DuPage              Partner Opportunity Residential Millwork Cabinet Explosive Growth                                       $              480,000     $             500,000               0.96   $    2,800,000                0.17   $      400,000         1.20
Retail - Restaurant        Restaurants                                Cook                Large pizza facility with great income potential! Must see!                                             $                90,000    $             120,000               0.75   $       50,000                1.80   $       45,000         2.00
Retail - Other             Convenience Stores                         Cook                Non-Franchise Corporate Deli                                                                            $              169,000     $             169,000               1.00   $      250,743                0.67   $       71,207         2.37
Service                    Freight, Moving/Delivery                   Cook                Trucking Company - Dry Freight                                                                          $              233,500     $             250,000               0.93   $    1,170,000                0.20   $      100,000         2.34
Retail - Other             Supermarkets                               DuPage              New Food Mart, Deli, Liquor.                                                                            $              300,000     $             900,000               0.33   $    2,400,000                0.13   $      300,000         1.00
Service                    Educational Services                       Cook                Accredited, Title IV Participating Beauty School                                                        $            1,500,000     $           1,500,000               1.00   $    1,369,000                1.10   $      310,000         4.84
Retail - Other             Convenience Stores                         DuPage              3000 SF Convenience Store.                                                                              $                30,000    $              35,000               0.86   $      300,000                0.10   $       30,000         1.00
Service                    Educational Services                       Cook                Accredited, Title IV Participating Skin Care School                                                     $            1,500,000     $           1,500,000               1.00   $      807,000                1.86   $      309,000         4.85
Retail - Other             Gasoline Service Stations                  Cook                Car Wash, Citgo-Mart. R.E.                                                                              $            2,500,000     $           2,500,000               1.00   $    4,000,000                0.63   $      480,000         5.21
Service                    Auto Repair, Parts & Services              DuPage              6-bay marathon & r.e.                                                                                   $            1,200,000     $           1,200,000               1.00   $      927,330                1.29   $      239,695         5.01
Retail - Other             Convenience Stores                         Will                C-Food Mart & Deli.                                                                                     $              150,000     $             160,000               0.94   $      600,000                0.25   $       72,000         2.08
Service                    Auto Repair, Parts & Services              DuPage              6 Bay Repair Marathon-R.E.                                                                              $            1,150,000     $           1,150,000               1.00   $      927,330                1.24   $      239,695         4.80
Retail - Other             Gasoline Service Stations                  Will                $7M Sales 66 Mart-Wash+R.E.                                                                             $            2,800,000     $           2,965,000               0.94   $    7,640,000                0.37   $      395,000         7.09
Service                    Auto Repair, Parts & Services              DuPage              3 Bay Auto Lube. High Sales.                                                                            $              260,000     $             295,000               0.88   $      700,000                0.37   $       92,000         2.83
Retail - Other             Gasoline Service Stations                  Cook                Citgo & Large Mart+R.E.                                                                                 $            1,900,000     $           2,100,000               0.90   $    3,700,000                0.51   $      240,000         7.92
Service                    Drycleaning/Laundry Services               Cook                Coin Laundry For Sale (Cicero)                                                                          $              230,000     $             275,000               0.84   $      223,746                1.03   $       57,984         3.97
Retail - Other             Gasoline Service Stations                  Cook                Marathon Mart & R.E.                                                                                    $              900,000     $             950,000               0.95   $    2,500,000                0.36   $      135,000         6.67
*Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.


Counties included: Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry, Will, Jasper, Lake, Newton, Porter, Lake, Kenosha

Note: Due to Closed Transaction collection and calculation methodology change in Q3 2011, adjustment factors must be applied to draw a direct comparison between Closed Transaction data from this quarter/year and quarters/years subsequent to Q2 2011. For
help with such adjustment contact the BizBuySell team. Active Listings data is not impacted by the methodology change so direct comparison of that data requires no adjustment.

BizBuySell is the Internet's largest business for sale marketplace. Since 1995, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell lists over
45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory as well as a business valuation tool. Please visit www.bizbuysell.com.

				
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