Business For Sale

Fully Equipped Latin Restaurant in Providence

Providence, RI
Providence County


Asking Price: Annual Revenue:
$1,700,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fully Equipped Latin Restaurant in Providence Broker: Todd Smith

Quick Facts

Asking Price: $1,700,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 241224983
Broker Reference #: Not Disclosed

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Business Overview:

Great opportunity to take this Latin restaurant business to the next level. A fully equipped kitchen will support any menu concept. This charming restaurant also includes a full-service bar and basement storage. This property currently offers indoor (40 seats plus 10 at the bar) and outdoor dining (120 seats). This is a true turnkey venture. The location is not to be beat and is at the center of it all. Fully renovated 5 months ago, this property is just waiting to fulfill your dreams of owning & operating a restaurant! Start with immediate income. Growth / expansion opportunities include: expand hours of operation, delivery, and catering. Current business owner will assist with transition. Some seller financing available for qualified buyers with $100k down payment.

PARKING: On Street Parking
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality.
LEASE TERM: Landlord will negotiate new lease if real estate is not purchased.
BASE RENT: $5,500 per month NNN
CONCEPT: Full Service Latin Restaurant & Nightlife
SEATING: 50 seats indoors & 120 seats outdoors
SIZE: 1,500 square feet plus outdoor space
HOURS: Open daily for dinner and nightlife plus weekend lunch.
LICENSES: Full Liquor License & Limited Entertainment License
SALES: $10,000 per week
ASKING PRICE: $1,700,000 (for the real estate and business) or $200,000 (for the business only) – Some seller financing available for qualified buyers.

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Additional Details:

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

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