Pizzeria restaurant,coastal town R.I.main st,300k profit.
Washington County, RI
| Asking Price: | $499,000 |
| Gross Revenue: | $1,500,000 |
| Rent: | $4,400/Month |
| Cash Flow: | $300,000 |
| Inventory: | $15,000 |
| Established Year: | 2008 |
Listing ID: 2302228Listing provided by BizBuySell
BUSINESS DESCRIPTION
Pizzeria restaurant R.I. $499,000 for the business.Profit $300k!
Free standing building,36 parking spaces,with a three bedroom apartment upstairs.
Beautiful dining room (120 seats)and nice bar area with full liquor license.
Great visibility in the center of town.The town is a famous vacation destination!
Very spacious kitchen.
DETAILED INFORMATION
Location
Washington County, RI
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
11/11/2036
Facilities
The restaurant is 3000 sf plus basement.The apartment upstairs is approximately 850 sf.
The business sign located in the parking lot is large and visible from distance.
The lease expires in 12 years.
Competition
Great food ,with loyal clientele.
Financing
Down payment $250,000 and $249,000 owner financing for 4 years at 6% interest.
Reason for Selling
Moving out of state.
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