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Business For Sale

Restaurant For Sale

Westerly Area, RI, USA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Year Established:
Employees:
Listing Number:
$350,000
1985
40
91985383
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed

Business for Sale Overview:

The restaurant has three different rooms and a porch. The restaurant’s total capacity is 160. There is a bar that seats 12 and the porch seats 40. The building is free standing with plenty of parking and is in front of a busy plaza. The building is approximately 4,100 square feet. The porch is approximately 800 square feet. The current rent is $5,433 per month. The rent increases 2.5% per year. The last option expires on May 1, 2018. In the summer there are 45 part time employees and 20 in the winter. The owner is a managing owner who works approximately 60 hours per week. The hours of operation are Sunday through Thursday 11:30 A.M. – 9:30 P.M. Friday and Saturday 11:30 A.M. – 10:30 P.M.

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 Interests

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.

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.

Additional Information

Restaurant For Sale
Business Listed By:
Meg Shepard
Squizzero & Associates
contact the seller
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