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- RE: Restaurant Real Estate For Sale! Built-In Event And Lounge Area!
- Contact: Damian Santoro
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $400,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1994 | |
| Employees: | 7 | |
| BBN Listing #: | 1004469 | |
| Broker Reference #: | 33925 |
Business Overview:
This confidential listing offers a rare opportunity to acquire a fully equipped, long-established full-service Restaurant Real Estate for sale in a desirable Rhode Island trade area. The property combines dining operations, bar and lounge spaces, a private function room, and a complete commercial kitchen—presenting a move-in-ready hospitality asset with multiple revenue streams. With a full liquor license in place, this offering presents added value and flexibility for operators seeking a venue capable of broad food and beverage offerings.
This Restaurant Real Estate occupies approximately 4,213 square feet and accommodates about 140 seats across dining room, bar, and function areas. A welcoming bar and lounge area supports beverage service and casual dining, while a private function room expands potential for events, meetings, and group dining. Ample parking and a high-visibility location on a busy street enhance accessibility and drive customer traffic from both local residents and visitors.
The turnkey commercial kitchen is fully outfitted with robust infrastructure, including a Mediterranean wood-fired pizza oven, an 18-foot hood and Ansul system, multiple prep stations, commercial refrigeration, walk-in cooler with new compressor, dishwashing area, freezer storage, and an extensive lineup of professional foodservice equipment suitable for high-volume operations. Key front- and back-of-house equipment is included, streamlining transition and reducing capital needs for a new owner.
Real estate is included in the sale, offered by We Sell Restaurants, providing long-term security and full control of the location without lease negotiations. The current owner is preparing for retirement after decades of successful operation, making this a rare turnkey opportunity in a well-established dining market. With flexible dining areas, a full liquor license, and comprehensive infrastructure, the property can support a variety of dining concepts, event models, or catering operations.
This is a confidential offering, and full details—including financials, equipment lists, and property specifics—will be shared only with qualified buyers who sign a confidentiality agreement and provide proof of financial capability.
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:
Bar
3 bay sink
2x Ice well
Glass washer
2 head Refrigeration keg unit
Undercounter wine fridge
6ft reach in beer cooler
Assorted glassware
Toast POS system with cash drawer and printer
2x flat screen TVs
Hand sink
Popcorn machine
4 bar tables w/16 bar stools
14 bar stools at bar
Dining room
Single door reach in fridge
18 tables
60 seats
Custome wine rack
Toast pos system with cash drawer and printer
Phone system
Fazzini prosciutto slicer
Private function room
Flat screen tv
Assorted catering supples
8 tables
38 tables
Tender chef
Hot beverage dispensers
Assorted dinnerware
Kitchen
2 bay SS vegetable sink
8 container gas warming unit with riser
5ft SS table with riser and under shelf warmer
Hand sink
2ft SS prep table
Salamander
Vulcan 8 burner stove
4ft sandwich prep unit
Blodgett zephaire convection oven
Sheet pan rack
3ft charlbroiler
Pitco 15?fryaloator
JCP fryalator
5ft SS prep table with two drawer
2x microwave
Fridge air single door fridge
18 ft hood and Ansul system
3 ft SS prep table
Mediterranean wood fired pizza oven
3ft chest freezer
Bakers rack
Halo heat proofing cabinet
6ft SS prep table
Manitowoc ice machine
Walkin cooler with new compressor
3 bay sink
Commercial dishwasher with SS tables
6ft butcher block table
Arcobaleno pasta maker
Vita prep 3 blender
Detecto digital scale
Cabela?s sausage stuffer electric
Hobart chopper electric
Hobart 30 qt mixer with attachments
4ft chest freezer Bakers rack
Assorted racks
3ft SS tables with 2 drawers
Bunn coffee maker
2 door reach in cocc cola cooler
Single door reach in glass door refrigerator
Traulson 4 door SS refrigerator
8ft SS prep table
Hobart deli slicer
3 ft butcher block cutting board
6ft chest freezer
Kenmore single door refrigerator
Assorted catering equipment
Undercounter grease trap
Basement
Hobart 20qt mixer with attachments
Washer & dryer
Imperial single door refrigerator
Assorted small wares
Assorted small wares
Hobart Automatic deli slicer
Assorted cookware
Food warmer
Assorted catering supplies
Gas 2ft griddle
Hobart chopper with attachments 220volt
Waffle makers
Assorted glassware
Market Competition and Expansion:
This restaurant property benefits from steady year-round customer demand due to a mix of residential support and regional traffic near popular corridors. The area?s established dining activity supports consistent lunch and dinner volume, while the presence of local attractions and events helps drive periodic spikes in traffic. Competition from other dining venues is typical for a desirable market but can also help generate cross-traffic for quality operations. Operators should be mindful of labor availability and regional cost pressures, though the property?s setup and location help mitigate some competitive challenges.
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
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