Prime Full Service Restaurant, Bar & Banquets

Not Disclosed, RI
Providence County

Asking Price: Annual Revenue:
$650,000 $1,371,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Prime Full Service Restaurant, Bar & Banquets Broker: Todd Smith

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,371,000
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 #: 36024983
Broker Reference #: Not Disclosed

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Business Overview:

OPPORTUNITY: Prime Full Service Restaurant, Bar and Banquet Facility
PARKING: Private parking
EQUIPMENT: The equipment of good quality and has been well maintained
LEASE TERMS: If the Real Estate is not purchased the landlord would negotiate a new long term lease
BASE RENT: $144,000 per year NNN
CONCEPT: Full Service Restaurant & Banquet Facility
SIZE: 10,550 square feet
LICENSES: Full Liquor License
SALES: $1,371,000 in 2015. Expect $2.5MM in sales by 2017-2018.
ASKING PRICE: $650,000 (For the Business) – Real Estate available as well.

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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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