Elevated neighborhood Restaurant in Affluent Community RI

Asking Price$497,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,685,000

InventoryNot Disclosed

FF&ENot Disclosed

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Elevated neighborhood Restaurant in Affluent Community RI


Asking Price$497,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,685,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Rare opportunity to acquire a well-appointed, established restaurant and bar in a desirable Rhode Island market. This turnkey operation features an inviting dining room, full-service bar, and an exceptional indoor/outdoor setup with a covered porch, expansive patio, outdoor bar, and dedicated outdoor kitchen with pizza oven.
The professionally designed buildout, private parking, established operating infrastructure, and strong location within an active dining and retail market make this an attractive opportunity for an experienced operator or restaurant group. Significant investment has already been made in the space, allowing an incoming operator to acquire an established restaurant operation without the time and expense of building a concept from the ground up.
About the Business
Facilities & Assets
PARKING:37
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality. Dish Machine lease only
SEATING: Inside 68; Outside 70
SIZE: 1st Floor 2474 sqft; Patio 1655 sqft; Basement 1100 sqft
LEASE TERM: 3.5 remaining with two 5 year options
BASE RENT: $5,985
HOURS: 3-9pm (Sun-Mon)/11:30am-9pm (Tues & Thurs)
LICENSES: Liquor and Entertainment
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,229
Rent
$5,985 per month
Listing Info
ID
2555019
Listing Views
4

Listing ID: 2555019 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.