Fully Equipped Restaurant & Event Venue 1.4 M Revenue.

Business Overview:

Explore the opportunity to acquire a lively bar and grill with strong financial performance, demonstrating annual sales ranging between $1.3-1.4 million . This well-loved establishment consistently attracts a steady flow of patrons and offers significant growth opportunities for a proactive owner/operator.
Located near colleges, hotels, and major highways, the venue enjoys high visibility and is a popular hangout in the region. The establishment features a Transferable Full Liquor License and operates with a 2AM closing time, enhancing its appeal.
The Bar & Grill is well-equipped with an extensive range of kitchen equipment, including a high-capacity hood, Ansul system, multiple sandwich units, a grill, an oven, fryers, and two walk-in coolers. The three bars are fully equipped with ice wells, coolers, and sinks, ensuring optimal efficiency and excellent service. This robust kitchen setup supports both daily operations and large-scale events.
A standout feature is its versatile event space, which accommodates a variety of casual gatherings, from community events and corporate functions to personal celebrations. The space is designed with inviting decor and can be easily adapted to suit different types of events, making it a key asset for generating additional revenue. The venue's capacity for large gatherings and its welcoming atmosphere significantly enhance its appeal.
Additionally, the venue includes a spacious outdoor patio area, ideal for socializing during the warmer months. Ample parking and convenient access further enhance the venue's attractiveness and guest satisfaction.
There is considerable potential for growth, particularly for an owner/operator who can capitalize on the venue's versatility and high visibility. Expanding the range of events, increasing marketing efforts, and leveraging the outdoor space for seasonal promotions could significantly boost patronage and profits. This is an excellent opportunity to tap into the local market and attract new customers by enhancing the venue's offerings and visibility.
The real estate is not included in the asking price but is available for negotiation if a buyer is interested in a more comprehensive investment.
This venue offers a multifunctional space catering to diverse needs and events, with strategic location and adaptable features making it an outstanding prospect for further development.
For more detailed information and to explore this unique business opportunity under confidentiality, please contact us.
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Property Features and Assets:

LIQUOR LISCENCE ? Class BV
1 Walk-In Cooler with compressor
1 Micro Matic Glycol Draft Beer Chilling System Model # MMPP4301
1 Micro Matic Glycol Draft Beer Chilling System Model # MMPP 4302
1 Soda System Rack and Pumps

Main Office
Aldelo Point of Sale System w/ 2 Computer Servers

Closet / Basement
1 Coca Cola Upright Refrigerator
? door locker unit w/6 doors
1 pigeon hole locker unit w/5 doors
1 Mop Bucket w/ Mop

Main Bar and Dining Room
1 Red Bull Display Cooler
3 Ice Wells with speed racks ( 24?, 32?, 36?)
3 Bay Sink
2 Beer Coolers (Asper 54?)
2 Wire Racks
1 Draft Beer Tower with 12 taps
1 Draft Beer Tower with 6 Taps
1 Draft Beer Tower With 2 taps
1 Draft Beer Tower with 1 Tap
1 hand sink
24 Televisions (Vizio, Samsung, Various Sizes)
2 Samsung Display Adverting Monitors
1 60? Round Pub Table
8 Wooden Backless Barstools
9 Assorted Sized Pub Tables (Square, Rectangle and Round)
5 Booth Seating with Tables
45 Wooden barstools with backs
9 Dining Tables (Various Sizes)
28 Red Metal Dining Chairs
1 Wooden Antique Hostess Stand
1 Wooden Antique Waitstaff Station
4 Aldelo Point of Sale Touch Screen Monitors w/ 2 cash drawers and 4 printers
6 Surround Sound Wall Mount Speakers
1 Cable Box Rack
5 Bar Pendent hanging lights
6 Hanging Pendent light over booth seating
Track Lighting and hanging light fixtures
4 Wooden High chairs
3 Booster Seats

Kitchen
1 4 ft wire rack
1 4ft stainless steal table with riser
1 coffee machine
1 4ft 2 door stainless steel cabinet
1 coca cola fountain soda machine with rack
1 Bud Light Vertical refrigerator
1 8 ft stainless steel prep table
1 alto Shaam hot holding cabinet
1 Market Forge Tilt Skillet
1 8ft hood and Ansul System
1 24? Waring electric flat top grill
4 24? wire racks
1? Asper 4ft sandwich unit
1-Precision 5 ft sandwich unit
1-4ft cutting board station
1 Stainless Steel Kitchen Cooking Line Rack System with Overhang Shelving
1 5ft Stainless Steel Prep Table
1 4ft Stainless Steel Prep Table
1 Pitco Gas Fryolator
1 Vulcan Gas Fryolator
1 36? Stainless Steel Prep table
2 electric food warmers
3 under counter electric food warmers
1 North American Upright Freezer
1 Atosa Upright Freezer
1 chest freezer
1 8 ft stainless Steel Prep Table
1 ? Fagor 2 door upright refrigerator
1 Walk in Cooler with assorted racks
1 32? stainless steel storage unit
1 hand sink
1 mop sink
1 3 bay sink
1 4 ft stainless steel prep table with riser
1 5 ft wire rack
Assorted smallware (pots, pans, utensils, plates, bowls, silverware, hotel pans)
Assorted trash barrels
1 Zephaire Convection Oven
1 Grease Trap
1 ? Southbend 4 Burner Gas Stove Top / Oven
1 ? American Range 6 Burner Gas Stove Top / Oven
1 ? 5 ? ft tall bakers rack
1 ? Blueair 900 lb Ice machine
Assorted Storage Bins



Private Room
2 ? 6ft Beverage Air Glass Door Beer Coolers
1 Hand Sink
2 ? 23? Ice Wells with speed racks
2 ? 35? Glass Racks
2 Aldelo Point of Sale Touch Screen Monitors w/ 2 cash drawers and 2 printers
Assorted Glassware
2 ? 30? x 72? Dining Tables
1 ? 30? x 48? Dining Table
2 ? 48? Round Dining Tables
3- 36? Round Pub Tables
15 Wooden Dining Chairs
12 Backless Wooden Barstools
16 wooden barstools with backs
2 Coat Racks
3 Flat Screen TVs
12 ceiling mount speakers
Light Fixtures
8 Hanging Pendent Lights
2 half round booths
1 long banquette seating
Assorted Pictures and decorations currently on walls


Outdoor Patio
Metal Bar
2 Outside Tv Enclosures
2 TVS
1 beer cooler


RENTAL EQUIPEMENT
ATM & Bar Top Video Game ? Belongs to Avalon Entertainment
Lottery Machine & Monitor ? Belongs to RI Lottery
Portable Keg Unit ? Belongs to Mclaughlin & Moran
CO2 System with Tanks and Mixing Valves ( $350 Per Month )
Bar Dishwasher (Private Room) Ecolab /Pure force $124.01 Per Month
Kitchen Dishwasher ? Ecolab / Pure force $195.76 Per Month
Directv Cable Boxes (33) ? Need to be returned if you do not keep them ($450 Per Month Boxes)
Kitchen Chef Knives -Belong to RI Grinding
32 Camera Security System with 2 Servers ? Cox Communications ($500 Per Month)

Market Competition and Expansion:

This restaurant is located in a high-traffic area with excellent visibility, making it easily accessible for customers. Its prime location near a major highway ensures a steady flow of potential patrons, while its close proximity to several colleges attracts a vibrant student population. Additionally, being near a convention center and major hotels provides opportunities to capture business from visitors and events, further enhancing its appeal. This combination of factors positions the restaurant for success in a bustling and dynamic environment.

Reason for Selling:

New Career

Additional Details:

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