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Restaurants & FoodFor Sale

Established Southern Comfort Food Restaurant - Augusta Downtown Location

Augusta, Georgia

About This Business

This well-established restaurant has been a fixture in Augusta's dining scene since 2002, building strong community relationships and a loyal customer base over two decades. Located in a prime downtown position with excellent foot traffic and visibility, the business generates solid annual revenue of $301,214 with consistent cash flow of $26,252. The streamlined operation runs efficiently with just two dedicated employees, demonstrating strong management systems and operational profitability. The restaurant specializes in authentic Southern comfort cuisine, which continues to resonate strongly with Augusta's diverse demographic. Seller is motivated to exit for other business ventures and is offering the opportunity to take over an already-established brand with proven revenue streams. This is an ideal acquisition for an experienced restaurateur looking to enter the market with an established, profitable operation rather than starting from scratch. The business presents immediate revenue generation potential with room for growth under new ownership.

Financial Details

Asking Price
$140,000
Cash Flow
$25,000
Gross Revenue
$300,000
EBITDA
$20,000
Inventory
N/A

Business Details

Established
2002
Employees
2
Real Estate
Own
Reason for Selling
Other ventures
Financing
No
Training
No

Deal Analysis

Estimated figures for analysis purposes only. Consult a financial advisor.

Price/SDE Multiple
5.6x
Price/Revenue
0.5x
DSCR
1.42
Cash on Cash ROI
-375.4%
Down Payment (SBA 10%)$14,000
Loan Amount$126,000
Monthly Payment$1,463/mo
Annual Debt Service$17,556
Owner Salary$60,000
Cash Flow After Debt + Salary$-52,556
Asking Price
$140,000
Cash Flow: $25,000

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