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Restaurants & FoodFor Sale

Established Farm-to-Table Restaurant in Georgetown - Profitable Dining Destination with Strong Local Following

Georgetown, Rhode Island

About This Business

This well-established farm-to-table restaurant has been a cornerstone of Georgetown's dining scene since 2010, building a loyal customer base and reputation for quality cuisine. The business generates impressive annual revenues of $973,267 with a healthy cash flow of $225,591, demonstrating consistent profitability and operational efficiency. The streamlined team of 4 dedicated employees manages daily operations smoothly, allowing for strong margins and manageable workload. The restaurant features seasonal menus highlighting local ingredients, creating authentic connections with both Rhode Island producers and discerning diners seeking genuine farm-to-table experiences. With established supplier relationships, proven systems, and a recognizable brand presence in the community, this turnkey operation presents an exceptional opportunity for an experienced restaurateur. The current owner is retiring after 14 years of successful operation, making this an ideal acquisition for someone ready to continue the restaurant's legacy while benefiting from its established reputation and profitable model.

Financial Details

Asking Price
$645,000
Cash Flow
$225,000
Gross Revenue
$975,000
EBITDA
$180,000
Inventory
N/A

Business Details

Established
2010
Employees
4
Real Estate
Own
Reason for Selling
Retirement
Financing
No
Training
Yes

Deal Analysis

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

Price/SDE Multiple
2.9x
Price/Revenue
0.7x
DSCR
2.78
Cash on Cash ROI
130.4%
Down Payment (SBA 10%)$64,500
Loan Amount$580,500
Monthly Payment$6,740/mo
Annual Debt Service$80,881
Owner Salary$60,000
Cash Flow After Debt + Salary$84,119
Asking Price
$645,000
Cash Flow: $225,000

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