Business for Sale Overview:
Location, Location, Location! Rare Opportunity to own a very hip restaurant & bar in a busy location in Providence County, RI. This popular Bar & Eatery has it all, great cash flow, with a 60 feet oak bar with 30 stools, dining seats 55, total capacity 158, approved by fire marshals, all inspections are current. Cash Cow! Steady business and good reputation. Full professional kitchen with, ovens, fryer, freezers, refrigeration, lots of parking, plus more. Dining Room seating for 50. Pool room with 55" flat screen televisions ("think sports Bar") plus 36" LCD, and several other TV's located in pool area. Premium sound system with DJ capabilities for nightly entertainment, clear away the tables for dancing and socializing or special events. 20% of sales are food, 80% alcohol, gaming commissions earn 50%. Most employee's work for tips which means low labor costs. Most customers pay cash/credit at the bar. Fully alarmed to call station. Current owner will assist transferring liquor license to a new owner who has a good background. 5 years on current lease, great landlord will give an additional lease options. Owner has several other businesses that need attention which makes this your opportunity for ownership.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
other business interests
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.