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Restaurants & FoodFor Sale

Established Coastal Italian Bistro in Madison - Profitable Food Service Businesss

Madison, Rhode Island

About This Business

This thriving Italian bistro has built an exceptional reputation in Madison's vibrant dining scene since 2009. With annual revenues of $1,130,630 and solid cash flow of $114,382, this restaurant demonstrates strong operational efficiency and customer loyalty. The intimate setting attracts both locals and seasonal visitors, creating a stable revenue base year-round. The business operates with a lean, dedicated team of five employees who are well-trained and committed to the restaurant's high standards. The current owner has carefully cultivated strong supplier relationships and developed a menu that balances traditional favorites with seasonal specials, resulting in consistent repeat customers and positive community standing. Ownership has maintained excellent health and safety records with no violations, and the establishment holds all necessary licenses and permits in good standing. The restaurant benefits from its prime location near Madison's historic downtown area, providing natural foot traffic and excellent visibility. All equipment is well-maintained and recently updated to ensure operational continuity. This represents a rare opportunity to acquire a profitable, established food service business with immediate revenue potential and an existing customer base ready to support new ownership.

Financial Details

Asking Price
$440,000
Cash Flow
$115,000
Gross Revenue
$1,130,000
EBITDA
$90,000
Inventory
N/A

Business Details

Established
2009
Employees
5
Real Estate
Lease
Reason for Selling
Relocating
Financing
No
Training
No

Deal Analysis

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

Price/SDE Multiple
3.8x
Price/Revenue
0.4x
DSCR
2.08
Cash on Cash ROI
-0.4%
Down Payment (SBA 10%)$44,000
Loan Amount$396,000
Monthly Payment$4,598/mo
Annual Debt Service$55,175
Owner Salary$60,000
Cash Flow After Debt + Salary$-175
Asking Price
$440,000
Cash Flow: $115,000

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