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Business For Sale

Breakfast and Lunch

Washington County, RI

Food & Beverage: Restaurants, Fast Food, Deli

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$125,000
$330,382
Not Disclosed
$100,091
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1989
7
18615383

Business Overview:

The restaurant is located in Washington County Rhode Island. It has been in business for 22 years. This is a breakfast and lunch restaurant. It also serves a seafood dinner on Friday evenings. On Fridays, the customers bring their own alcoholic beverages. The restaurant is in a free standing building. There are four apartments and another shop in the building. There is plenty of off street parking. The restaurant has eight booths and a counter that seats 7. Total seating for the restaurant is 43. The restaurant is approximately 1,600 square feet. A new lease was signed in August 2011. The lease is for one year, with two, one year options. The rent is $2,150 per month. The options can only increase the CPI(Consumer Price Index) from the previous year. There are seven employees. The hours of operation are Monday Thursday, 6 am to 2 pm, Friday, 6 am to 8 pm and Saturday and Sunday, 7 am to 2 pm.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Market Competition and Expansion:

Average.

Reason for Selling:

Other interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: