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  • RE:  Popular RI Restaurant With Real Estate
  • Contact:  Justin Grolley

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $2,119,540
Net Profit: Not Disclosed
Cash Flow: $518,736
Total Debt: Not Disclosed
FF&E: 70,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 25
BBN Listing #: 228235713
Broker Reference #: 19891

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Business Overview:

'UNDER AGREEMENT'

Highly profitable and popular restaurant located in southern Rhode Island that has been providing delicious and affordable food to customers for many years.

Experienced and long tenured employees in place.

Loyal and diverse customer base including locals, tourists, workers, etc.

Excellent opportunity for an existing restauranteur, restaurant group or someone with culinary experience to expand on an already successful operation.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The restaurant has a capacity well over 100 people and is located on a high traffic route with ample parking for customers. The Real Estate is for sale for $550,000 and is included in the asking price.

Market Competition and Expansion:

Many opportunities for growth such as expanding hours, offering breakfast service and expanding capacity.

Reason for Selling:

Personal

Additional Details:

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

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