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Restaurants & FoodFor Sale

Established Full-Service Restaurant in Downtown Springfield - $1.9M Revenue

Springfield, South Carolina

About This Business

This well-established full-service restaurant in Springfield, South Carolina represents a rare opportunity to acquire a thriving dining destination with a proven track record. Operating continuously since 2010, this business has built a loyal customer base and maintains impressive annual revenues of $1,914,631 with healthy annual cash flow of $169,084. The restaurant is staffed with 8 dedicated employees and operates with efficient systems that have been refined over more than a decade of successful operations. The current owner has built a respected brand in the community and established reliable supplier relationships and operational procedures. The business features a full-service model that generates consistent revenue from both dining room operations and complementary services. With strong cash flow metrics and solid market positioning in Springfield, this establishment demonstrates the viability and profitability that makes it attractive to experienced restaurant operators or entrepreneurs seeking an established platform. The location benefits from established foot traffic patterns and community recognition. The owner is transitioning to pursue other ventures and is motivated to find a qualified buyer who will continue the restaurant's legacy of quality service and community engagement. This turnkey opportunity includes all equipment, inventory, trained staff, customer relationships, and operational expertise necessary to continue immediate profitability.

Financial Details

Asking Price
$495,000
Cash Flow
$170,000
Gross Revenue
$1,915,000
EBITDA
$135,000
Inventory
N/A

Business Details

Established
2010
Employees
8
Real Estate
Included in Price
Reason for Selling
Moving to other ventures
Financing
No
Training
No

Deal Analysis

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

Price/SDE Multiple
2.9x
Price/Revenue
0.3x
DSCR
2.74
Cash on Cash ROI
96.8%
Down Payment (SBA 10%)$49,500
Loan Amount$445,500
Monthly Payment$5,173/mo
Annual Debt Service$62,072
Owner Salary$60,000
Cash Flow After Debt + Salary$47,928
Asking Price
$495,000
Cash Flow: $170,000

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