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Restaurants & FoodFor Sale

Established Southern Comfort Food Restaurant in Historic Franklin - 33+ Years Operating

Franklin, Mississippi

About This Business

This well-established restaurant in the heart of Franklin, Mississippi has been a beloved community fixture since 1991, generating strong annual revenues of $779,032 with healthy cash flow of $68,191. The business operates with a dedicated team of 20 employees and has built a loyal customer base through consistent quality service and authentic Southern cuisine. The restaurant benefits from its prime location in Franklin's historic district, attracting both locals and tourists seeking genuine regional dining experiences. With over three decades of operations, the business has developed reliable supplier relationships, proven operational systems, and established brand recognition throughout the area. The property and equipment are well-maintained and fully operational, allowing for seamless transition to new ownership. This is an ideal opportunity for an experienced restaurant operator seeking to acquire a profitable, turnkey business with strong fundamentals and growth potential in a charming Mississippi community.

Financial Details

Asking Price
$205,000
Cash Flow
$70,000
Gross Revenue
$780,000
EBITDA
$55,000
Inventory
N/A

Business Details

Established
1991
Employees
20
Real Estate
Lease
Reason for Selling
Relocating
Financing
Yes
Training
Yes

Deal Analysis

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

Price/SDE Multiple
2.9x
Price/Revenue
0.3x
DSCR
2.72
Cash on Cash ROI
-76.6%
Down Payment (SBA 10%)$20,500
Loan Amount$184,500
Monthly Payment$2,142/mo
Annual Debt Service$25,706
Owner Salary$60,000
Cash Flow After Debt + Salary$-15,706
Asking Price
$205,000
Cash Flow: $70,000

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