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Restaurants & FoodFor Sale

Established Farm-to-Table Restaurant in Springfield, RI - Strong Cash Flow & Growth Potential

Springfield, Rhode Island

About This Business

This thriving farm-to-table restaurant located in the heart of Springfield, Rhode Island, represents an exceptional opportunity for an experienced restaurateur or investor seeking an established, profitable business. Since its inception in 2021, this establishment has quickly built a loyal customer base and achieved impressive financial performance with annual revenue of $1,182,060 and consistent cash flow of $169,623. The restaurant operates with a dedicated team of 12 skilled employees who contribute to its reputation for quality cuisine and exceptional service. The current owner is transitioning to pursue other business ventures and is eager to pass the torch to a qualified buyer who can continue its upward trajectory. The restaurant features a well-designed dining space, established supplier relationships, and proven operational systems that have enabled rapid success in a competitive market. This is an ideal turnkey opportunity for someone ready to step into an already-profitable operation with significant growth potential.

Financial Details

Asking Price
$530,000
Cash Flow
$170,000
Gross Revenue
$1,180,000
EBITDA
$135,000
Inventory
N/A

Business Details

Established
2021
Employees
12
Real Estate
Own
Reason for Selling
Moving to other ventures
Financing
Yes
Training
Yes

Deal Analysis

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

Price/SDE Multiple
3.1x
Price/Revenue
0.4x
DSCR
2.56
Cash on Cash ROI
82.2%
Down Payment (SBA 10%)$53,000
Loan Amount$477,000
Monthly Payment$5,538/mo
Annual Debt Service$66,460
Owner Salary$60,000
Cash Flow After Debt + Salary$43,540
Asking Price
$530,000
Cash Flow: $170,000

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