Turnkey Food & Lounge for Sale – Full Equipped Kitchen-Providence

Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$614,394

InventoryNot Disclosed

FF&ENot Disclosed

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Turnkey Food & Lounge for Sale – Full Equipped Kitchen-Providence


Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$614,394

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Fully equipped restaurant and Lounge for Sale
An incredible opportunity awaits to acquire a fully equipped restaurant and Lounge for Sale situated along a high-visibility commercial corridor in Providence, Rhode Island. This turnkey operation is designed for maximum versatility, offering the ability to support both a quick service restaurant (QSR) or café-style concept as well as a flexible lounge or event venue. Whether you envision a trendy deli, an artisan coffee bar, or a lounge-focused establishment, this space provides the perfect foundation for a creative entrepreneur to launch or expand their brand.

The Lounge for Sale is available for lease, giving a new operator immediate access to a fully built-out setup, while the real estate may also be purchased separately for those interested in long-term ownership and equity growth. For qualified buyers, owner financing on the real estate may be available, creating an exceptional opportunity to control both the business and property under favorable terms.

The front portion of the Lounge for Sale is ideally suited for quick service dining, such as a deli, café, bakery, sandwich shop, smoothie bar, or takeout operation, and comes complete with display and prep stations, espresso and coffee equipment, refrigerated sandwich units, and multiple point-of-sale systems. The adjoining lounge area adds a whole new dimension, ideal for hookah service, speakeasy or cocktail lounge concepts, private dining, or social and networking events. Its open yet intimate layout makes it equally well-suited for classes, seminars, or private functions, creating a multi-use destination in one of the city’s most dynamic neighborhoods. Contact We Sell Restaurants today for more information.

A fully equipped commercial kitchen supports nearly any cuisine or catering model, with features that include a 12-foot hood with Ansul system, 6-burner range, flat-top grill, charbroiler, fryer, convection oven, and extensive stainless steel prep and refrigeration space. The Lounge for Sale operation also includes high-end Precision bar coolers, a three-tap keg system, a 16-camera security system, and all the essentials needed for efficient daily use.

This Lounge for Sale is a non-cashflowing business, ideal for an operator ready to bring a new concept or elevate the existing framework. With all major infrastructure in place and flexible lease or purchase options, this location offers unmatched potential to establish a unique restaurant, café, or lounge experience in one of Providence’s most active corridors.

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About the Business
Years in Operation
4
Facilities & Assets
Bar equipment
Precision 3 door glass door reach in work top beer cooler
Precision two door keg cooler with three taps
Glass top freezer
3 bay sink glass washer ( leased)
SS ice we’ll
Assorted speed racks
Assorted shelving
24 inch Hisense tv
Toast POS system with cash draw and cc swipe
Glass washer (leased)
Assorted glassware



Speakeasy / Lounge
16 barstools
4 tables
Assorted couches
Assorted chairs
Assorted coffee tables
4 Harbinger pre amp speakers
Dj lighting
6ft farm table
Basement
Assorted locker units
Assorted patio umbrellas
Market Outlook / Competition
The location sits within a thriving commercial corridor surrounded by complementary businesses, including restaurants, bars, and boutique retail. While nearby establishments attract steady foot traffic, few offer the unique blend of ambiance, entertainment, and experiential elements this space can support. The market continues to trend toward intimate, social environments such as speakeasies, lounges, and hookah venues, creating room for a distinctive concept that stands out while benefiting from the area’s built-in customer base. With strong neighborhoo
Opportunities for Growth
This location offers untapped potential for expansion beyond its current retail setup. The spacious layout and existing infrastructure provide an excellent opportunity to introduce an intimate speakeasy-style lounge or private event space, ideal for hosting networking gatherings, workshops, or themed social nights. With the proper ambiance and licensing, the addition of hookah service, live entertainment, and curated private events could significantly boost traffic and profitability. The property’s character and setting lend themselves well to building a
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,822
Rent
$5,000.00 per month
About the Sale
Seller Motivation
Focus on other businesses
Transition Support
2 Weeks
Listing Info
ID
2432924
Listing Views

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Business Listed by: Damian Santoro We Sell Restaurants

Listing ID: 2432924 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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