Hot Listing

Award Winning Restaurant in Downtown East Greenwich

Asking Price$150,000

Cash Flow
$180,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$50,000
Included in asking price
FF&E$150,000
Included in asking price
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Hot Listing

Award Winning Restaurant in Downtown East Greenwich


Asking Price$150,000

Cash Flow
$180,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$50,000
Included in asking price
FF&E$150,000
Included in asking price
Business Description
Contact owner for more information
Gian 786-608-6769

This is rare opportunity to own a PRIME location with 1M+ per year in revenue. With the LOWEST RENT ON MAIN ST.. Fully staffed and operating with busy days & nights. Average 3k per day in both. 4-7k on weekends. Management in place. This restaurant has been open almost 2 years wirh 48 seats inside and 16 outside on patio 2700 sqft 950k net sales 3600a month 5 year NNN lease full liquor 11pm

What makes this special? ****There is no more liquor licenses being given in East Greenwich. The only way to obtain one is to take over an existing license. They are no longer giving full BV liquor licenses in the city of east Greenwich. Maxed out at 39 licenses ****

FF&E is 150k alone . This is a steal
Let your money make you more.
Would like someone who owns or who has owned a restaurant before. Please don’t call with stupid question be funds ready

.
Owner is selling because of moving partner.

NDA and POF Will be needed prior to releasing information. Serious buyers only. NO owner financing. 786-608-6769 TEXT IS PREFERRED
About the Business
Years in Operation
4
Employees
60
Facilities & Assets
Full kitchen build out , fully stocked bar, full dining room
Opportunities for Growth
Room for growth is easily obtainable
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,500
Rent
$3,500.00 per month
Lease Expiration
3/24/2035
About the Sale
Seller Motivation
Owner is Moving
Transition Support
Owners will help with transitioning to new ownership
Financing Options
None
Listing Info
ID
2389381
Listing Views
1792

Contact Seller

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Business Listed by: G

Listing ID: 2389381 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.