Full-Service Turnkey Restaurant/Bar

Providence County, RI
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Asking Price:$195,000
Rent:$4,800
Established Year:2015
Gross Revenue:$850,000
FF&E:$175,000
BUSINESS DESCRIPTION

Thriving Established Business in Desirable Location

This high performing neighborhood establishment has been satisfying customers for many years. The menu has been carefully created by one of Rhode Island's premier chefs. The full bar with 1am license is a popular and comfortable place to stop in for dinner and drinks. The indoor seating capacity of 70 patrons is expandable in the warmer months by adding outdoor seating. Toast POS. All equipment is owned and will convey at sale, with the exception of the dishwasher which is leased. Many recent upgrades include new HVAC, grease trap and more. Full basement, private office, secure liquor room, walk-ins and so much more make this an ideal opportunity to begin making money on day one.
All interested parties will be required to sign an NDA and provide evidence of available funds.


DETAILED INFORMATION
Location
Providence County, RI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,600
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility has been a full-service restaurant location for decades. Designated seating capacity of 70 indoor and 20 outdoor. There is a full basement providing for storage of supplies, dry goods and equipment.
Growth & Expansion
Expanded hours would allow for a significant increase in revenue.
Support & Training
Support and training will be provided on an as needed basis for the first 2 weeks of operation. Additional support can be provided on a case-by-case basis with compensation to be negotiated.
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Jim
Conway
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Jim Conway