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Restaurants & FoodFor Sale

Established Farm-to-Table Restaurant in Historic Madison, Iowa - Strong Cash Flow & Local Following

Madison, Iowa

About This Business

This thriving farm-to-table restaurant has established itself as a cornerstone of Madison's dining scene since 2019. With annual revenues of $600,131 and healthy cash flow of $60,275, the business demonstrates solid operational performance and community support. The restaurant features a carefully curated menu emphasizing local sourcing and seasonal ingredients, appealing to both tourists and residents seeking authentic Midwestern cuisine. The operation is supported by a dedicated team of 16 employees across kitchen, front-of-house, and management positions. The business benefits from an excellent location in historic Madison, drawing steady foot traffic and established customer loyalty. Current systems and procedures are well-documented and transferable, making this an ideal turnkey opportunity for an experienced restaurateur or food service entrepreneur. The owner is retiring after five years of successful operation and is motivated to find the right buyer to carry forward the restaurant's reputation for quality and community engagement. This represents a rare opportunity to acquire an established, profitable dining establishment with strong growth potential and an existing customer base in a charming Iowa community.

Financial Details

Asking Price
$260,000
Cash Flow
$60,000
Gross Revenue
$600,000
EBITDA
$50,000
Inventory
N/A

Business Details

Established
2019
Employees
16
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
4.3x
Price/Revenue
0.4x
DSCR
1.84
Cash on Cash ROI
-125.4%
Down Payment (SBA 10%)$26,000
Loan Amount$234,000
Monthly Payment$2,717/mo
Annual Debt Service$32,603
Owner Salary$60,000
Cash Flow After Debt + Salary$-32,603
Asking Price
$260,000
Cash Flow: $60,000

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