Fully Built-Out Restaurant – Rebrand Opportunity | 5,000 SF | 180 Seat

Asking Price: $350,000

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Fully Built-Out Restaurant – Rebrand Opportunity | 5,000 SF | 180 Seat


Asking Price: $350,000

Asset Sale Description
TURNKEY RESTAURANT ASSET SALE - PRIME REBRAND OPPORTUNITY

Exceptional opportunity to acquire a fully built-out, recently renovated restaurant facility in Coventry, Rhode Island. This elegant 5,000 square foot establishment offers immediate operational capability for an experienced restaurateur or investor looking to launch their culinary concept.

KEY FEATURES:
• Spacious 5,000 SF dining space accommodating 180 guests
• Recently renovated with elegant appointments throughout
• Full liquor license included - significant value addition
• Ample parking for customer convenience
• Established in 2019 with quality infrastructure

FINANCIAL OVERVIEW:
• Asking Price: $350,000
• Monthly Rent + CAM: $7,000
• Lease Term: Through February 2028 (4+ years remaining)
• No seller financing available

INCLUDED ASSETS:
• Complete restaurant equipment and fixtures
• Transferable lease agreement
• Full liquor license
• All operational assets necessary for immediate reopening

NOT INCLUDED:
• Business name and existing menus (clean slate for rebranding)

This asset sale represents an ideal opportunity for entrepreneurs seeking to establish their restaurant concept without the typical build-out costs and licensing delays. The recent renovations and quality appointments provide a sophisticated foundation for various dining concepts - from casual dining to upscale establishments.

The Kent County location offers strong demographics with excellent visibility and accessibility. The substantial seating capacity of 180 guests positions this venue for significant revenue potential under proper management.

Owner is selling to pursue other business interests, creating this rare opportunity for qualified buyers. The transferable lease through 2028 provides operational security and planning certainty.

SERIOUS INQUIRIES ONLY:
Contact Michele at 401-835-1616 for additional property photos and information. Lease documentation available for review upon execution of non-disclosure agreement.

This represents a compelling value proposition for restaurateurs seeking a premium, turnkey facility with established licensing and infrastructure in place.
Detailed Information
Years in Operation
7
Facilities & Assets
See attached list of Business Assets
About the Sale
Transition Support
Negotiable
Seller Motivation
Owner to pursue other interests.
Financing
No seller financing.
Listing Info
ID
2473489
Listing Views
Attached DocumentsAttachment Disclaimer

Restaurant_Asset_List_with_Est_Resale-1.pdf

Business Location

Contact Seller

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Business Listed by: Michele Doherty

Listing ID: 2473489 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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