Established Farm-to-Table Restaurant in Springfield, Iowa - Profitable Dining Destination
Springfield, Iowa
About This Business
This well-established restaurant has been a cornerstone of Springfield's dining scene since 2006, generating impressive annual revenue of $845,633 with strong cash flow of $120,804. The business operates with a lean, efficient team of 7 dedicated employees who have built lasting relationships with the community and regular clientele. The operation demonstrates proven operational excellence and consistent profitability over nearly two decades of successful service. The restaurant features a warm, inviting atmosphere that appeals to both local residents and visitors seeking quality dining experiences. With a diverse menu and reputation for excellent service, the business has established itself as a destination restaurant in the Springfield area. The location benefits from steady foot traffic and strong community support, evidenced by its longevity and sustained financial performance. This is a rare opportunity to acquire an established, cash-flowing business in a growing market. The current owner is seeking to pursue other ventures and is motivated to transition the business to an experienced operator. The asking price of $377,515 represents an attractive valuation for a profitable, turn-key restaurant operation with loyal customers and a proven business model.
Financial Details
Business Details
Deal Analysis
Estimated figures for analysis purposes only. Consult a financial advisor.