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Restaurants & FoodFor Sale

Established Italian Fine Dining Restaurant - Sterling Heights Prime Location

Sterling Heights, Michigan

About This Business

This well-respected Italian restaurant has been a cornerstone of the Sterling Heights dining scene since 1990, building a loyal customer base over three decades. With annual revenues of $2.83M and a solid cash flow of $208K, this established eatery demonstrates consistent profitability and market stability. The restaurant features an elegant dining atmosphere, full-service bar, and reputation for authentic cuisine that keeps patrons returning. The current owner is seeking to pursue other ventures and is offering this turnkey operation to qualified buyers. The business operates with a professional team of 17 employees and has established supplier relationships and operational systems. Located in a high-traffic area of Sterling Heights, the restaurant benefits from excellent visibility and accessibility. This is an exceptional opportunity for experienced restaurant operators or entrepreneurs seeking an already-profitable, established business with minimal startup risk and immediate revenue generation potential.

Financial Details

Asking Price
$720,000
Cash Flow
$210,000
Gross Revenue
$2,825,000
EBITDA
$165,000
Inventory
N/A

Business Details

Established
1990
Employees
17
Real Estate
Lease
Reason for Selling
Other ventures
Financing
No
Training
No

Deal Analysis

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

Price/SDE Multiple
3.4x
Price/Revenue
0.3x
DSCR
2.33
Cash on Cash ROI
82.9%
Down Payment (SBA 10%)$72,000
Loan Amount$648,000
Monthly Payment$7,524/mo
Annual Debt Service$90,286
Owner Salary$60,000
Cash Flow After Debt + Salary$59,714
Asking Price
$720,000
Cash Flow: $210,000

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