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Business For Sale

OCEANFRONT BAR & RESTAURANT IN RHODE ISLAND

Attn: Todd Smith
Not Disclosed, RI, USA
Listing #: 662124983
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Asking Price: $175,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: Other Interests
Yearly Revenues: $750,000
Yearly Gross Income: $750,000
 

Business for Sale Overview:

Great Opportunity! Bar & Restaurant with Oceanfront location in Rhode Island. 3,800 square feet facility with beautiful views and plenty of parking. The current owners are grossing $15,000 per week and are trending upward. This is a must see opportunity that has tremendous potential and is priced to move. The space consists of a long open bar and dinning area. There is an outdoor deck with seating which blends into a Beach and Tiki Bar with brilliant views and limited live music.


Market Competition and Expansion:

The location is great for multiple concepts. The numbers could be grown quickly with increased focus on marketing. The layout is configured for a strong restaurant and bar business.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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