Fully Equipped Turnkey Restaurant & Real Estate Bring Your Concept

Asking Price$2,300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Fully Equipped Turnkey Restaurant & Real Estate Bring Your Concept


Asking Price$2,300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Exceptional opportunity to acquire a fully equipped turnkey restaurant for sale with real estate in a highly desirable Warwick location near Rhode Island T.F. Green International Airport. Situated at 2099 Post Road, this freestanding approximately 9,093 square foot restaurant sits on approximately 1.41 acres and offers the size, infrastructure, parking, and flexibility to accommodate a wide variety of restaurant and hospitality concepts.

The restaurant for sale with real estate has a total capacity of 336 people, including a main dining room accommodating 199 guests along with three separate private function rooms that collectively accommodate an additional 137 guests. The private function space provides an incoming operator with significant opportunities for weddings, rehearsal dinners, showers, corporate events, holiday parties, celebrations, business functions, catered events, and other private gatherings.

From We Sell Restaurants the property features a large, fully equipped commercial kitchen with a 27 foot hood and Ansul system, walk in cooler, extensive refrigeration, commercial cooking equipment, stainless steel preparation areas, dishwashing equipment, grease management systems, storage, and substantial supporting restaurant equipment. A fully equipped main bar includes a six tap refrigerated draft system, refrigeration, wine coolers, ice well, dishwasher, stainless steel work areas, and related bar equipment. Additional features include outdoor seating, a loading dock, handicap accessibility, central air conditioning, natural gas, connected sewer, 400 amp electrical service, and fire sprinkler and alarm systems.

The property offers approximately 85 dedicated parking spaces with additional overflow parking, an important advantage for a restaurant and private event operation of this size. Its location along the Post Road commercial corridor provides convenient access to the airport, major highways, area hotels, businesses, shopping, and surrounding residential communities.

This is an excellent opportunity for an established restaurant group, independent operator, franchisee, caterer, or event operator seeking to acquire restaurant real estate with extensive existing infrastructure and avoid the time and significant expense associated with building a comparable facility from the ground up. The sale includes the real estate and restaurant furniture, fixtures, and equipment. The current restaurant name, branding, recipes, and concept are not included in the sale.

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About the Business
Years in Operation
4
Employees
20 (8 Full-time, 12 Part-time)
Facilities & Assets
Kitchen, 2x Big Dipper undercounter grease trap, Hobart commercial Dishwasher CL44E with SS returns, 2x Hand sink, Assorted metro racking, 3 bay sink, North American 2 door stainless steel fridge, Vevor ice machine, 8ft SS prep table with sink and overshelf, 2 bay SS sink, Walkin cooler, Main Street convection oven, Traulson 2 door glass refrigerator, 2x Cleveland model 24CGA10.2, North American 2 Door SS refrigerator, 8ft SS cabinet with sink and overshelf, Traulson RHT232NPTHHT Refrigerator, 6ft SS prep table, Bakers rack, 6tt SS prep table with ove...
Website
Show Website URL
Market Outlook / Competition
The Warwick restaurant market is well established, with a strong mix of independent restaurants, national brands, hotels, and hospitality businesses. This property differentiates itself through its large 336-person total capacity, three private function rooms, extensive commercial kitchen, substantial parking, and ability to generate revenue from both traditional restaurant operations and private events. Its proximity to T.F. Green International Airport, area hotels, major highways, and surrounding businesses provides access to local residents, business
Opportunities for Growth
Significant opportunity exists to maximize the three private function rooms through weddings, rehearsal dinners, showers, corporate meetings, holiday parties, celebrations, memorial gatherings, and catered events. An incoming operator could further develop off-premise catering, corporate accounts, hotel partnerships, airport and traveler marketing, delivery, takeout, special events, entertainment, and expanded outdoor dining. The size and existing infrastructure also make the property attractive for an established restaurant group or franchise seeking a
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Relocation
Transition Support
To be negotiated
Listing Info
ID
2553976
Listing Views
5

Listing ID: 2553976 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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