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Restaurants & FoodFor Sale

Established Mediterranean Restaurant in Downtown Athens - Strong Cash Flow & Loyal Customer Base

Athens, Georgia

About This Business

This thriving Mediterranean restaurant has been a beloved fixture in Athens, Georgia since 2011, consistently delivering exceptional cuisine and memorable dining experiences. With annual revenue of $955,582 and healthy annual cash flow of $134,836, this business demonstrates solid financial performance and operational efficiency. The intimate 4-person team creates a welcoming atmosphere that keeps customers returning season after season. Located in a prime Athens location with excellent foot traffic and visibility, the restaurant benefits from a dedicated local following and strong community reputation. The streamlined operation runs smoothly with established supplier relationships, proven recipes, and efficient kitchen systems that maximize profitability. The owner is motivated to sell due to relocation, presenting an ideal opportunity for an experienced restaurateur or food service professional to acquire a turnkey operation with an established customer base and proven track record. Perfect for someone seeking to step into an already-successful venture in a vibrant college town market.

Financial Details

Asking Price
$585,000
Cash Flow
$135,000
Gross Revenue
$955,000
EBITDA
$110,000
Inventory
N/A

Business Details

Established
2011
Employees
4
Real Estate
Included in Price
Reason for Selling
Relocating
Financing
No
Training
No

Deal Analysis

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

Price/SDE Multiple
4.3x
Price/Revenue
0.6x
DSCR
1.84
Cash on Cash ROI
2.8%
Down Payment (SBA 10%)$58,500
Loan Amount$526,500
Monthly Payment$6,113/mo
Annual Debt Service$73,357
Owner Salary$60,000
Cash Flow After Debt + Salary$1,643
Asking Price
$585,000
Cash Flow: $135,000

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