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Restaurants & FoodFor Sale

Established Full-Service Restaurant & Catering Hub - Georgetown, ND

Georgetown, North Dakota

About This Business

This well-established restaurant business has been a cornerstone of Georgetown's dining scene since 2014, generating impressive annual revenues of $1.64 million. The operation features a full-service dining establishment with an integrated catering division, positioning it as a versatile food service provider for both daily customers and special events throughout the region. With 24 dedicated employees, the business operates a professionally managed team capable of handling high-volume service. The restaurant demonstrates strong financial performance with consistent annual cash flow of $95,532, reflecting solid operational efficiency and customer loyalty. The dual revenue streams from dining and catering provide income stability and growth opportunities. The established customer base and community reputation have created a reliable market presence that continues to drive steady business. The current owner is pursuing other ventures and offers this profitable operation as a turnkey opportunity. This is an ideal acquisition for an experienced restaurateur seeking to expand their portfolio or for investors looking to enter the food service industry with an already-profitable, established business in a stable community market.

Financial Details

Asking Price
$560,000
Cash Flow
$95,000
Gross Revenue
$1,640,000
EBITDA
$75,000
Inventory
N/A

Business Details

Established
2014
Employees
24
Real Estate
Own
Reason for Selling
Other ventures
Financing
No
Training
Yes

Deal Analysis

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

Price/SDE Multiple
5.9x
Price/Revenue
0.3x
DSCR
1.35
Cash on Cash ROI
-62.9%
Down Payment (SBA 10%)$56,000
Loan Amount$504,000
Monthly Payment$5,852/mo
Annual Debt Service$70,222
Owner Salary$60,000
Cash Flow After Debt + Salary$-35,222
Asking Price
$560,000
Cash Flow: $95,000

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