Photo 1
Restaurants & FoodFor Sale

Established Springfield Casual Dining Restaurant - Profitable Local Favorite

Springfield, Maine

About This Business

This well-established casual dining restaurant has been a staple in the Springfield, Maine community since 2014, building a loyal customer base and consistent revenue stream. With annual revenues of $262,898 and a healthy cash flow of $21,838, this business demonstrates strong operational efficiency and profitability. The restaurant is fully equipped with kitchen facilities, dining space, and point-of-sale systems ready for immediate operation under new ownership. The business operates with a lean, experienced team of six dedicated employees who understand local preferences and maintain quality standards. The established location, proven menu, and operational systems significantly reduce startup risk compared to launching a new restaurant. Strong community relationships and repeat customer base provide a solid foundation for growth under new management. The owner is retiring after a decade of successful operation and is offering this turnkey opportunity at $83,993—an attractive entry point for someone seeking to own an established food service business in a stable market. This represents an exceptional value for aspiring restaurant entrepreneurs looking to acquire an operational, profitable establishment without the challenges of starting from scratch.

Financial Details

Asking Price
$85,000
Cash Flow
$20,000
Gross Revenue
$265,000
EBITDA
$15,000
Inventory
N/A

Business Details

Established
2014
Employees
6
Real Estate
Own
Reason for Selling
Retirement
Financing
Yes
Training
No

Deal Analysis

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

Price/SDE Multiple
4.3x
Price/Revenue
0.3x
DSCR
1.88
Cash on Cash ROI
-596.0%
Down Payment (SBA 10%)$8,500
Loan Amount$76,500
Monthly Payment$888/mo
Annual Debt Service$10,659
Owner Salary$60,000
Cash Flow After Debt + Salary$-50,659
Asking Price
$85,000
Cash Flow: $20,000

Send Inquiry