Listed 5 months ago Food & Beverage

Steakhouse Restaurant for Sale in Philadelphia, DE

Asking price
$1,700,000
Cash flow (SDE/EBITDA)
$300,000
Multiple
5.7x
Checked 13dRetirement Sale

Why this business stands out

This long-standing steakhouse in the greater Philadelphia-Delaware market has operated for over 30 years with deep customer loyalty and consistent profitability, and is offered with the owned real estate in a prime location. The included property eliminates lease renewal risk and provides a buyer with long-term asset appreciation alongside the operating business cash flow. With the owner retiring and multiple growth avenues identified, this is a rare opportunity to acquire a community institution with real estate upside and immediate income.

Financing snapshot

An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.

Asking price
$1,700,000
Cash flow (SDE/EBITDA)
$300,000
Est. down payment (10%)
$170,000
Est. SBA loan (10yr @ 10.5%)
$1,530,000
Est. monthly payment
$20,645
Annual debt service
$247,741
Owner cash flow after debt
$52,259
Debt Service Coverage Ratio
Tight coverage
1.21x

Illustrative only — not a financing offer. Assumes a 10% down payment and a 10-year SBA 7(a) loan at 10.5%. Actual terms vary by lender, deal structure, and buyer profile.

The DSCR shown is computed on raw cash flow — before the owner-salary, maintenance-capex, and rent adjustments SBA lenders apply when underwriting. Model the lender's view in the DSCR calculator.

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Frequently asked questions

How much does this food & beverage business cost?

The asking price is $1,700,000. Exact terms and any seller financing are confirmed directly with the seller after you sign up.

What is the cash flow and valuation multiple?

This business reports approximately $300,000 in annual cash flow (SDE/EBITDA), implying a 5.7x multiple on the asking price.

Where is this food & beverage business located?

It operates in the Philadelphia-Camden-Wilmington area. The exact city is shown after you create a free Searcher OS account.

Can this acquisition be financed with an SBA loan?

Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.

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