Request More Information Contact the Seller
- RE: Newport, RI Established Indian Restaurant For Sale - Strong Sales
- Contact: Damian Santoro
Quick Facts
| Asking Price: | $130,000 | |
| Annual Revenue: | $539,490 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $90,647 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 4 | |
| BBN Listing #: | 1014617 | |
| Broker Reference #: | 41994 |
Business Overview:
An opportunity to acquire a fully equipped, turnkey Indian restaurant for sale located in the Newport, Rhode Island market, one of the most desirable and high-demand coastal destinations in New England. This asset sale presents a rare chance to step into an established location with strong car traffic, excellent visibility, and consistent customer demand throughout the year.
The Indian restaurant for sale is currently operating and generating over $500,000 in annual sales, providing a solid foundation for a new owner to build upon. The space consists of approximately 2,600 square feet and features seating for approximately 60 guests, offering a comfortable layout for dine-in service while also supporting takeout and delivery operations.
Presented by We Sell Restaurants, the facility is fully built out and includes a well-equipped commercial kitchen designed for efficiency and versatility. Key infrastructure includes a 10-foot hood and Ansul system, walk-in cooler, multiple refrigeration units, prep stations, fryers, a 10-burner stove, and specialty cooking equipment, allowing for a wide range of cuisine types and service styles. The dining area includes approximately 15 tables, creating a welcoming environment for customers while maintaining operational flow.
Located along a high-traffic roadway, this restaurant benefits from strong daily vehicle exposure, making it ideal for capturing both local repeat business and pass-through traffic. The surrounding area includes a mix of residential neighborhoods, retail, and service businesses, supporting consistent year-round activity in addition to seasonal demand.
With a monthly rent of approximately $6,000, this location offers a valuable opportunity in a market where restaurant spaces are limited and highly sought after. The existing buildout represents significant value, allowing a new owner to avoid the time and expense of constructing a restaurant from the ground up.
This opportunity is being offered as an asset sale, providing flexibility for a new owner to continue the current concept or introduce a new brand. Ideal for an owner-operator, chef, or hospitality group looking to establish or expand in a premier coastal market.
Additional details will be provided to qualified buyers upon execution of a Non-Disclosure Agreement.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
60 seats
15 tables
Newair single door fridge
18 inch SS table
5ft SS prep table
Chest freezer
Fridge air refrigerator
Continental 2 door SS fridge
True 4ft prep unit
3ft SS prep table
Microwave
Hand sink
Assorted wire shelving
Baba clay oven
Fryer
10 burner stove
10ft hood and Ansul system
2x colorite gas burners
4ft sandwich prep unit
Ice machine
6ft SS Prep table
Rice cooker
2x 18inch SS prep tables
2x 4ft SS prep table
6ft SS prep table
SS vegetable sono
3ft SS prep table
Big Dipper grease trap
3 bay sink
2x utility cart
Walk in cooler
Assorted cookware
Assorted dinnerware
POS system
Trash receptacles
Commercial can opener
Microwave
2x 6 ft chest freezes
Market Competition and Expansion:
The Newport market is driven by strong year-round local demand and seasonal tourism, with high vehicle traffic corridors playing a key role in customer flow. Locations with visibility and accessibility are highly sought after and rarely become available with an existing restaurant buildout.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Rhode Island businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
