Charming Coastal Restaurant for Sale

Rhode Island

Seller Financing Available

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Asking Price:$785,000
EBITDA:$220,000
Rent:$7,000/Month
Established Year:2001
BUSINESS DESCRIPTION

Go Home at 3 and earn $220,000 income per year!
Multi Year staff, excellent reputation and fine tuned machine making serious profit is REAL hard to find.
Double sales if you open for dinner in this high end, undeserved market?
23 years in operation


DETAILED INFORMATION
Location
Rhode Island
Inventory
Not Included in asking price
Real Estate
Leased
Facilities
Eat in or take out with outdoor seating as well. Full Liquor License just waiting to add to already strong earnings.
Competition
Super strong demand and little or no competition for this in an area with strong barriers of entry. Looks good for the next 23+ years.
Growth & Expansion
Open for dinner and double sales?
Financing
Seller Financing for the right Buyer.
Support & Training
Seller will train Buyer. Highly Trained, Multi Year Staff performs all restaurant functions except bookkeeping.
Reason for Selling
Price NEGOTIABLE
Home-Based
This business is Home-Based
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Scott Sogard
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Scott Sogard