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Restaurants & FoodFor Sale

Established Georgetown Casual Dining Bistro with Strong Local Following

Georgetown, Rhode Island

About This Business

This thriving casual dining establishment has built an exceptional reputation in Georgetown since its 2016 inception, generating over $1.48M in annual revenue with a healthy $105K+ cash flow. The restaurant features a well-designed dining space that comfortably seats guests while maintaining an inviting atmosphere that keeps customers returning. With an experienced team of 18 dedicated employees, the business operates efficiently across lunch and dinner service, supported by established supplier relationships and proven operational systems. The menu showcases locally-inspired cuisine that resonates with the community, supported by consistent marketing efforts and strong word-of-mouth reputation. Financial performance demonstrates sustainable profitability with excellent cash generation, making this an attractive opportunity for experienced restaurateurs. The business benefits from its prime Georgetown location with established foot traffic and a loyal customer base. The owner is seeking to pursue additional ventures and is offering this turnkey operation to the right buyer. All equipment is well-maintained, staff is trained and stable, and systems are documented for smooth transition. This represents a rare opportunity to acquire a profitable, established restaurant with immediate revenue potential.

Financial Details

Asking Price
$375,000
Cash Flow
$105,000
Gross Revenue
$1,485,000
EBITDA
$85,000
Inventory
N/A

Business Details

Established
2016
Employees
18
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
3.6x
Price/Revenue
0.3x
DSCR
2.23
Cash on Cash ROI
-5.4%
Down Payment (SBA 10%)$37,500
Loan Amount$337,500
Monthly Payment$3,919/mo
Annual Debt Service$47,024
Owner Salary$60,000
Cash Flow After Debt + Salary$-2,024
Asking Price
$375,000
Cash Flow: $105,000

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