East Side Providence Turnkey Restaurant Full Liquor License

Asking Price$199,000

Cash Flow
$88,698
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$736,146

InventoryNot Disclosed

FF&ENot Disclosed

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East Side Providence Turnkey Restaurant Full Liquor License


Asking Price$199,000

Cash Flow
$88,698
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$736,146

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Take advantage of this rare opportunity to acquire a turnkey Restaurant for Sale located on the highly desirable East Side of Providence, one of the most sought after dining markets in Rhode Island. This beautifully designed space offers approximately 1,900 square feet with seating for up to 70 guests, plus additional basement storage. The dining room features tasteful, well maintained décor, creating a warm and inviting atmosphere that can easily support a wide range of restaurant concepts, from brunch and dinner service to bar forward menus or specialty cuisine. With a full liquor license available and an adaptable floor plan, this location is perfectly suited for operators looking to launch a new concept in a prime East Side neighborhood.
A major highlight of this Restaurant for Sale is the chef designed commercial kitchen, created with workflow, efficiency, and high volume execution in mind. The kitchen includes a 24 foot hood system, convection oven, grills, 10 burner stoves, fryers, a pizza oven, mixer, walk in coolers, and multiple refrigeration units. The layout was intentionally crafted to support both elevated and casual menus, as well as catering or takeout driven service. Buyers seeking a Providence restaurant with a full kitchen and a complete equipment package will appreciate the value of stepping into a fully built out, professionally arranged culinary space.
The restaurant is currently not open, as the owner needed to focus on his other venues, but the space previously operated as a successful neighborhood favorite with strong local support. This gives buyers the advantage of acquiring a fully equipped, well maintained restaurant without the delays, costs, and permitting challenges associated with new construction or a full buildout. Located in an affluent and heavily trafficked East Side corridor, the site benefits from strong demographics, steady foot traffic, nearby institutions, and consistent dining demand.
An attractive lease is available, and buyers may assume the existing terms or negotiate a new agreement with the landlord. With no franchise restrictions, operators enjoy complete creative freedom over menu, branding, and operations. For chefs, restaurateurs, or investors seeking a turnkey restaurant space in one of Providence's premier neighborhoods, this East Side opportunity offers tremendous upside, flexibility, and immediate launch potential.
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About the Business
Years in Operation
9
Employees
10
Facilities & Assets
Positouch POS System with Cash Drawers and Printers
Tables & Chairs
Hand Sink
Ice Well
Sink
2 Door Beer Cooler
Beer Tap System
Sony 32 Inch TV
Sound System
Astoria Espresso Machine
Coffee Machine
Salad Station
Stand Up Freezer
Hobart Slicer
Walk In Cooler 8'x8'
Chest Freezer
Convection Oven
24inch Flat Top Grill
10 Burner Stove
Pitco Fryers
5ft Salad Prep Unit
2ft Salad Prep Unit
Hood and Ansul System
4ft Charlbroiler
Stand Up Soda Cooler
4ft Salad Prep Unit
60 qt Mixer
Pizza Roller
Hobart Dishwasher
Microwave
Blodgett Pizza Oven
Steam Table
Stainless Steal Prep Table
Ice Bucket
Counter Top Fridge
Walkin Cooler 7' x 8'
Ice Machine
Work Bench Refrigerator
Atosa Salad Unit
True Regrigerator
Hoshizaki Salad Prep Unit
Hoshizaki Reach In Refrigerator
Floor Heaters
Assorted Cookware
Assorted Shelving
Assorted Smallwares
Assorted Barware
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
The East Side of Providence is known for its vibrant dining scene, surrounded by affluent neighborhoods, universities, and cultural attractions. The area draws a steady mix of locals, students, and tourists, creating strong demand for unique and high quality food and beverage options. With limited restaurant inventory and consistent foot traffic, well executed independent concepts can thrive here. The neighborhood's supportive community and appreciation for chef driven and locally owned establishments make it an ideal environment for a new or growing restaurant.
Opportunities for Growth
There is strong potential for growth and expansion at this location. Currently open under limited hours, a new owner could increase revenue by extending service and maximizing operating times. The well equipped kitchen and full bar make it easy to support higher volume, while the prime East Side location is ideal for adding delivery, catering, or private events. With a strong local following already in place, there's ample opportunity to build on the existing foundation and take the business to the next level.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$4,116.00 per month
About the Sale
Seller Motivation
Other
Transition Support
2 weeks
Listing Info
ID
2357471
Listing Views
1026

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Business Listed by: Damian Santoro We Sell Restaurants

Listing ID: 2357471 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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