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- RE: Neighborhood Bar Business For Sale With Real Estate-Owner Financing
- Contact: Damian Santoro
Quick Facts
Asking Price: | $400,000 | |
Annual Revenue: | $271,934 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $48,562 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 10 | |
BBN Listing #: | 991971 | |
Broker Reference #: | 25324 |
Business Overview:
This Bar Business for Sale with Real Estate in Cumberland presents a rare opportunity to own both a beloved neighborhood business and the property it occupies for just $400,000. With decades of continuous operation and deep roots in the community, this neighborhood bar is known for its welcoming atmosphere, full-service bar, and hearty, satisfying menu. It has long served as a central gathering spot for locals, playing host to fundraisers, celebrations, and casual get-togethers. Its consistent support of local events has earned it strong brand recognition and a loyal base of repeat customers.Included in this Bar Business for Sale is a 7,000 square foot lot with a 1,476 square foot building and an additional 780 square foot detached garage. The detached garage offers the new owner potential storage, expansion, or conversion options. Owner financing is available with 35 percent down, making this a very accessible opportunity for buyers seeking to acquire both a business and real estate without having to rely on full traditional financing.
This bar, offered by We Sell Restaurants, currently generates over $250,000 in annual sales with limited hours of operation, suggesting significant upside potential. A new owner could boost revenue through extended hours, private events, live entertainment, or the addition of delivery and catering services. The facility is fully equipped for immediate operation, featuring a full kitchen, liquor license, and an extensive list of commercial-grade appliances including a True sandwich unit, walk-in cooler, charbroiler, fryers, draft beer cooler, POS system, and more.
Situated in a visible, high-traffic location with minimal direct competition and surrounded by residential neighborhoods, this bar benefits from steady foot traffic and consistent local demand. The current owners are ready to move on to other ventures, creating a turnkey opportunity for someone to take over and build upon an already solid foundation. Whether you're a first-time buyer or seasoned operator, this offering combines the best of both worlds—an established business and valuable real estate.
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Property Features and Assets:
True 5ft sandwich unitSingle door under counter refrigerator
Whirlpool fridge / freezer combo
4ft as prep table
4 burner stove
Star max charm broiler with griddle adapter
18? steel table
2x pitch fryalator
7ft hood and Ansul system
3 bay sink
Walk In cooler
Assorted shelving
Assorted cookware
Jet tech glad washer EV18
No grease trap (Building On Cesar Pool)
Hand sink
Manitowic undercounter ice machine
Sound system
Ice well
3 bay bar sink
Beverage air 3 door draft beer cooler
True reachin beer cooler
3 door glass door reach in beer cooler
Write Touch pos system system cash drawer and printers
50? flat screen tv
Assorted bar ware
Market Competition and Expansion:
The business benefits from limited direct competition in the immediate area, allowing it to capture a loyal and growing customer base. Its strong reputation, consistent food quality, and welcoming atmosphere have made it a preferred choice for locals seeking a casual meal or drinks. The tavern?s established brand, combined with reasonable pricing and a full bar program, gives it a strong competitive advantage over newer or less-experienced operators nearby. With continued hands-on management and modest marketing efforts, there is room for additional growth in both dine-in and takeout sales.Reason for Selling:
RetirementAdditional 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
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