Caf? For Sale with High Foot Traffic in Prime Location!

Providence, RI
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Asking Price:$149,900
Gross Revenue:$153,927
Cash Flow:$31,941
Rent:$1,700/Month
BUSINESS DESCRIPTION

Take advantage of this Cafe for Sale, located in an area with excellent growth potential for an owner/operator. Surrounded by thriving businesses, this prime location guarantees a constant stream of eager customers all day long.
This Cafe for Sale comes fully equipped with a 8-foot hood, grease trap, convection oven, 2-burner range with griddle and oven, espresso machine, coffee machines, blenders, sandwich units and more. This turnkey operation is ready for a new owner to step in and start running the business immediately. Why go through the hassle and cost of a buildout when you can buy an established, fully-equipped cafe for a fraction of the time and money?
Situated in a prime location in Providence, this cafe for sale by We Sell Restaurants benefits from the foot traffic of nearby commercial businesses, medical buildings, and offices, making it a prime opportunity for savvy investors or entrepreneurs. The current operating hours are 7 AM to 2 PM, Monday through Friday, but with expanded hours and increased marketing efforts, the potential for growth is significant.
Rent is incredibly affordable at just $1,700 per month, including CAMS, for 1,600 square feet of space. The cafe offers seating for 22 inside and 8 outside, and the cozy, well-designed interior ensures a welcoming atmosphere for guests.
This cafe offers a diverse menu that caters to various tastes, including breakfast sandwiches, pizza, wraps, hot and cold sandwiches, and soups. There's also an excellent opportunity for an owner to expand catering services to further increase revenue.
Priced at just $149,900, this is a rare opportunity in the thriving Providence market. While SBA lending is not available, we have lender resources that offer unsecured lending options for qualified buyers.
Whether you're looking to expand your current operations or start your first restaurant, this cafe is your chance to hit the ground running without the usual buildout costs. Don't miss out on this amazing opportunity!
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DETAILED INFORMATION
Location
Providence, RI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,600
Employees
4
Facilities
8 Ft Hood & Ansul System Undercounter Grease Trap Two Fryerlator 2 Burner w/ Griddle and Oven Steam Table Blenders Smallwares Two Prep Tables Sheet Pan Rack Two Convection Ovens Display Case Two Glass Door Reach In Refrigerator Standup Freezer Stand Up Refrigerator Work Top Two Door Cooler Sandwich Prep Table Ice Caddy Ice Machine ServiceWare Blenders Square POS System Security Camera System Store Decor Flat Screen Tvs Neon Sign Digital Menu Board Coffee Dispensers Coffee Grinders Espresso/ Latte Machine Ice Cream Machine 5 Tables Inside 1 Couch Inside 20 Seats Inside 2 Outdoor Tables 4 Outdoor Chairs
Competition
The cafe has strong growth potential by extending operating hours to evenings or weekends, tapping into new customer segments. Expanding into catering services or offering delivery and online ordering could significantly boost revenue. Menu innovation, such as adding seasonal items, and hosting community events or partnering with local businesses can further increase customer loyalty and broaden its appeal.
Growth & Expansion
The cafe can grow by extending hours, offering catering and delivery, introducing seasonal menu items, and hosting community events to attract new customers and boost revenue.
Support & Training
30-60 Days
Reason for Selling
Personal
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Damian
Santoro
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Damian Santoro