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Restaurants & FoodFor Sale

Established Fine Dining Restaurant in Downtown Springfield - 20+ Year Legacy

Springfield, Maryland

About This Business

This exceptional fine dining establishment has been a cornerstone of Springfield's culinary scene since 2003, generating impressive annual revenues of $2.09M with a robust cash flow of $193K. Located in a prime downtown position, this full-service restaurant features an upscale atmosphere, sophisticated menu offerings, and a loyal customer base built over two decades of consistent excellence. The 15-member team includes experienced chefs and front-of-house professionals who maintain the restaurant's stellar reputation. The business boasts strong operational fundamentals with excellent profit margins and proven management systems. The property benefits from high foot traffic, established vendor relationships, and a well-trained staff capable of executing complex culinary operations. Recent years have demonstrated stable performance with consistent customer retention and positive community standing. Owner is pursuing additional ventures and seeking qualified buyers ready to capitalize on this turnkey operation. This represents a rare opportunity to acquire an established, profitable restaurant with an existing customer base, trained workforce, and recognized brand presence in an underserved market. Ideal for experienced restaurant operators seeking immediate cash flow and growth potential.

Financial Details

Asking Price
$645,000
Cash Flow
$195,000
Gross Revenue
$2,095,000
EBITDA
$155,000
Inventory
N/A

Business Details

Established
2003
Employees
15
Real Estate
Lease
Reason for Selling
Other ventures
Financing
Yes
Training
Yes

Deal Analysis

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

Price/SDE Multiple
3.3x
Price/Revenue
0.3x
DSCR
2.41
Cash on Cash ROI
83.9%
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$54,119
Asking Price
$645,000
Cash Flow: $195,000

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