Established Successful Restaurant in Bristol
Bristol, RI
| Asking Price: | $299,000 |
| Gross Revenue: | $500,000 |
| Rent: | $6,000 |
| FF&E: | $120,000 |
| Cash Flow: | $189,000 |
| Inventory: | $50,000 |
| EBITDA: | $54,000 |
| Established Year: | 2013 |
Listing ID: 2293333Listing provided by BizBuySell
BUSINESS DESCRIPTION
Turnkey Restaurant Opportunity in Bristol
This well established and highly successful restaurant, located in downtown Bristol, offers a great opportunity for an experienced restaurateur to step into a turnkey establishment boasting over 10 years of continued success. The location takes advantage of being in the center of a very visible and highly traveled area. With the benefit of heavy foot traffic, this restaurant is bound for continued success. This restaurant features a full bar (11pm) and provides an area for entertainment as well as a comfortable environment and ambiance for diners' enjoyment.
DETAILED INFORMATION
Location
Bristol, RI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,700
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Finished area of restaurant is 2,500sf. Additional basement storage of 1,200sf. All equipment and assets are seller owned and will convey at sale.
Competition
Market conditions are excellent in this area. While there are many choices for quality dining, this location has enjoyed continued success.
Support & Training
The owner is willing to assist in a transition for a pre-determined period of time.
Reason for Selling
Owner retiring
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