Turnkey Iconic RI Breakfast Restaurant For Sale - Established 1946!

Business Overview:

Take advantage of a rare opportunity to own an iconic Lunch and Breakfast Restaurant fro Sale that has proudly served its community for nearly 80 years. This beloved establishment offers a turnkey operation with decades of goodwill, strong sales just shy of $500,000 annually, and a loyal customer base spanning multiple generations. Known for its welcoming atmosphere and hearty, homemade meals, this is the kind of place where tradition and quality have kept customers returning year after year. Now is the perfect time for a motivated owner-operator to carry on the legacy and put their own stamp on a historic favorite that is deeply woven into the fabric of the community.
This Breakfast Restaurant for Sale includes an extensive and meticulously maintained equipment package that allows a new owner to hit the ground running without significant additional investment. Included in the sale are an 8-foot hood and Ansul system, Turbo Air 5-foot sandwich prep unit, Waring commercial conveyor toaster, 5-foot flat top grill, multiple commercial refrigerators and freezers, Blodgett convection ovens, Hobart 20qt mixer, CMA commercial dishwashers, espresso machine, glass door refrigerators, Globe deli slicer, walk-in cooler and walk-in freezer, along with a full suite of smallwares, cookware, and prep equipment. The business is also fully equipped with three tablets for third-party delivery apps, opening up easy access to additional revenue streams through online ordering and delivery services.
Situated in a highly walkable, vibrant area surrounded by dense residential neighborhoods, local businesses, and several major colleges, the restaurant, offered by We Sell Restaurants, enjoys a steady flow of customers throughout the week. Its location ensures consistent foot traffic from both local residents and students, making it a reliable hub for breakfast and lunch crowds. A favorable lease rate of $1,800 per month, plus CAM charges, adds to the overall attractiveness of this opportunity, offering a low occupancy cost for the area.
There is significant upside potential for a new owner looking to expand beyond the current model. Extending operating hours, introducing catering services, and enhancing delivery options could all capture additional business and increase revenue. This is truly a legacy operation, ready for a new generation of ownership to bring fresh energy and ideas while building upon a strong and enduring foundation. Signed NDA required for additional information.
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Contact the Seller:

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Property Features and Assets:

3x tablets 3rd party apps
Assorted small wares
Assorted cookware
8ft hood and Ansul system
Cash register
Assorted shelving
Turbo air 5ft sandwich prep unit
Waring commercial conveyor toaster
5ft flat top
2x 2 burner gas burner
24? SS table
American range fryalator
4ft SS table
Hand sink
Grind master coffee machine
Bunn hot chocolate machine
CMA L-Tx dishwasher
Coca Cola fountain soda machine
Hoshizaki ice machine
Bunn coffee machine
Espresso machine
Glass door single door reach in refrigerator
Counter top glass door fridge
Mop sink
Frigidaire refrigerator
True 2 door SS refrigerator
Hand sink
3 bay sink
24? SS table
True sliding glass door refrigerator
CMA Dishwasher
True 5ft sandwich prep unit
3x commercial microwave
Globe deli slicer
6 ft SS table
5ft SS prep table
Blodgett oven
Ninja toaster oven
Prep sink
Ninja blender
Tramontina induction burner ( electric )
Instapot
Sentinel processor
Digital scale
Blosgett double deck convection oven
Hobart 20qt mixer
Berkel bread slicer
Holding Module
Walkin cooler
Electric meat grinder
Walkin freezer
Hobart potato peeler
French fry press
Hand sink

Market Competition and Expansion:

Providence?s breakfast and brunch scene is vibrant and diverse, featuring a range of establishments from historic diners to contemporary caf?s. While the market is competitive, this longstanding eatery benefits from its deep-rooted presence in the community, having served generations of patrons since the mid-20th century. Its proximity to local institutions and consistent delivery of hearty, traditional meals have fostered a loyal customer base. The city's appreciation for classic dining experiences, combined with the restaurant's enduring reputation, positions it favorably amidst evolving culinary trends.

Reason for Selling:

Relocation. Kindly ask the seller for more information.

Additional Details:

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