Unique Food & Lounge Space for Sale Full Kitchen + Real Estate

Asking Price$650,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$614,394

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Unique Food & Lounge Space for Sale Full Kitchen + Real Estate


Asking Price$650,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$614,394

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
An exceptional opportunity awaits with this fully equipped food and lounge property offering real estate ownership in Providence, Rhode Island, with this Lounge for Sale. This one level building features a turnkey setup perfectly designed for both quick service restaurant operations and a versatile lounge or event space, combining the best of functionality and flexibility for a new operator.

The Lounge for Sale includes a complete commercial kitchen, bar, and deli setup, all supported by high quality equipment and thoughtful design that allows for an immediate start up with minimal investment.

The business is not currently cashflow positive, but it represents an outstanding opportunity for a creative entrepreneur to bring a new concept or enhance the existing operation. With the full infrastructure already in place, the Lounge for Sale offers tremendous potential to relaunch under a new brand or expand on the current format with improved marketing, menu development, or events programming.

We Sell Restaurants knows that the front section is ideal for a QSR or café style concept, easily adaptable for a deli, sandwich shop, bakery, coffee bar, smoothie café, or takeout operation. The adjoining lounge area provides flexibility for hookah service, a speakeasy style bar, private dining, live entertainment, or networking and workshop events, making it perfect for social gatherings, nightlife, and private functions.

The commercial kitchen of this Lounge for Sale is fully equipped for any cuisine or catering operation, featuring a 12 foot hood with Ansul system, 6 burner range, flat top grill, charbroiler, fryer, Blodgett convection oven, and extensive stainless steel workspace. Additional highlights include multiple refrigerated prep tables, Precision bar and beer coolers, POS systems, a 16 camera security system, and all essential small wares for full scale operation.

This Lounge for Sale offers a rare chance to own a ready to operate food and beverage destination in one of Providence's most active commercial corridors. With real estate included and a flexible layout suited for countless hospitality uses, this is the perfect foundation for a hands on operator or investor to build something special and profitable.

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About the Business
Years in Operation
5
Employees
6 (2 Full-time, 4 Part-time)
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 umbrel...
Website
https://www.wesellrestaurants.com
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 neighborh
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
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
2,822
About the Sale
Seller Motivation
Other
Transition Support
2 weeks
Listing Info
ID
2432478
Listing Views
555

Contact Seller

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Business Listed by: Damian Santoro We Sell Restaurants

Listing ID: 2432478 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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