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Restaurants & FoodFor Sale

Established Fine Dining Restaurant in Historic Springfield, Kentucky - Strong Cash Flow & Loyal Customer Base

Springfield, Kentucky

About This Business

This well-established fine dining establishment has been a cornerstone of Springfield's culinary scene since 2010, generating impressive annual revenues of $1,650,008 with a robust cash flow of $169,487. Located in the heart of Kentucky's historic downtown, this restaurant has built an exceptional reputation for quality cuisine and outstanding service. The business operates with a skilled team of 23 dedicated employees who contribute to consistently strong customer satisfaction and repeat business. The current owner is seeking to pursue other ventures and is offering this thriving operation at a competitive asking price of $498,492, representing an attractive entry point for an experienced restaurateur. The establishment features a proven operational model, established supplier relationships, and a loyal customer base that has sustained profitability through various economic cycles. This is a turn-key opportunity for qualified buyers ready to capitalize on an existing, profitable food service business with significant growth potential.

Financial Details

Asking Price
$500,000
Cash Flow
$170,000
Gross Revenue
$1,650,000
EBITDA
$135,000
Inventory
N/A

Business Details

Established
2010
Employees
23
Real Estate
Included in Price
Reason for Selling
Other ventures
Financing
Yes
Training
Yes

Deal Analysis

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

Price/SDE Multiple
2.9x
Price/Revenue
0.3x
DSCR
2.71
Cash on Cash ROI
94.6%
Down Payment (SBA 10%)$50,000
Loan Amount$450,000
Monthly Payment$5,225/mo
Annual Debt Service$62,699
Owner Salary$60,000
Cash Flow After Debt + Salary$47,301
Asking Price
$500,000
Cash Flow: $170,000

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