Fully Equipped Turnkey Restaurant for Sale - 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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Fully Equipped Turnkey Restaurant for Sale - 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 own a fully equipped, turnkey Restaurant for Sale located on the highly desirable East Side of Providence. This independent restaurant has been a local favorite, generating consistent annual sales of over $700,000 and delivering an owner benefit of approximately $100,000. Perfect for an owner-operator or chef-driven concept, this space is flexible—keep the current concept or bring your own vision to life. The setup is ideal for a breakfast, lunch, and dinner model and could also support catering or event services.
This Restaurant for Sale offers approximately 1,900 square feet of interior space, plus basement storage. It's fully built out and furnished, saving you the time and expense of a new buildout or navigating permit approvals. With seating for 70 guests, a full bar, and a full liquor license in place, this opportunity allows you to step in and start operating from day one.
The kitchen is outfitted with everything you need for high-volume service, including a 24-foot hood, convection oven, grills, 10-burner stoves, fryers, a pizza oven, mixer, refrigeration units, walk-in coolers, and more. The layout is efficient and designed for a smooth and fast-paced workflow, making it ideal for both casual and elevated dining concepts.
This is an independent restaurant—no franchise fees, no corporate restrictions. You'll have full creative control to tailor the menu, hours, branding, and overall experience to fit your style. It's an easy-to-manage operation in a well-established, high-traffic location with loyal local support.
We Sell Restaurants can assist with financing options, including unsecured lending for qualified buyers. With strong credit, you could be approved quickly and take ownership without lengthy delays or SBA complications.
An attractive lease is in place with an affordable monthly rent of just $4,116, offering long-term value in a prime location. Whether you're an experienced restaurateur or a passionate newcomer, this is a fantastic opportunity to own a profitable, well-equipped restaurant in one of Providence's most sought-after neighborhoods.
Don't miss your chance to own a successful, independent restaurant with everything in place for continued growth and success.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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
774

Contact Seller

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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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