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Restaurants & FoodFor Sale

Established Fine Dining Restaurant in Historic Franklin, Delaware - 33-Year Legacy Businesss

Franklin, Delaware

About This Business

This prestigious dining establishment has been a cornerstone of Franklin's culinary scene since 1991, generating exceptional annual revenue of $1,580,378 with healthy cash flow of $132,884. The restaurant has built an outstanding reputation for quality cuisine and exceptional service, attracting loyal patrons throughout Delaware and neighboring regions. With a streamlined team of 3 dedicated employees, the business operates efficiently while maintaining the personal touch that defines its brand. The owner, approaching retirement after three decades of dedicated service, has maintained meticulous operational standards that have ensured consistent profitability and customer satisfaction. The restaurant benefits from an established customer base, proven menu offerings, and strong community relationships developed over 33 years of continuous operation. This turnkey opportunity presents an ideal acquisition for experienced restaurateurs seeking an established venue with demonstrated financial performance and existing infrastructure. The asking price of $474,588 reflects the business's solid earnings potential and market position. A motivated seller is offering comprehensive transition support to ensure a smooth handover to the right buyer ready to continue this Delaware dining tradition.

Financial Details

Asking Price
$475,000
Cash Flow
$135,000
Gross Revenue
$1,580,000
EBITDA
$105,000
Inventory
N/A

Business Details

Established
1991
Employees
3
Real Estate
Lease
Reason for Selling
Retirement
Financing
Yes
Training
Yes

Deal Analysis

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

Price/SDE Multiple
3.5x
Price/Revenue
0.3x
DSCR
2.27
Cash on Cash ROI
32.5%
Down Payment (SBA 10%)$47,500
Loan Amount$427,500
Monthly Payment$4,964/mo
Annual Debt Service$59,564
Owner Salary$60,000
Cash Flow After Debt + Salary$15,436
Asking Price
$475,000
Cash Flow: $135,000

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