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- RE: RI Turnkey Restaurant & Real Estate On 6 Acres
- Contact: Damian Santoro
Quick Facts
| Asking Price: | $800,000 | |
| Annual Revenue: | $183 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1017994 | |
| Broker Reference #: | 44525 |
Business Overview:
Unique opportunity to acquire a closed, fully equipped restaurant for sale with real estate in Scituate, Rhode Island. Located at 1115 Hartford Pike along Route 101, this approximately 1,748-square-foot restaurant building is situated on approximately 6 acres and offers an incoming operator an attractive combination of existing restaurant infrastructure, equipment, real estate, parking, visibility, and significant land area.
The former restaurant for sale with real estate is currently closed and is being offered as a restaurant real estate and equipment opportunity, allowing a new owner to bring their own concept and vision to the property. The restaurant has a seating capacity of approximately 50 guests and includes an existing bar area, commercial kitchen, dining space, and restaurant infrastructure.
From We sell Restaurants, the extensive equipment package includes a 10-foot hood and Ansul system, two Precision six-burner ranges, two fryers, a 24-inch charbroiler, refrigerated prep equipment, worktop refrigeration, commercial dishwasher, ice machine, dough mixer, six-foot gas steam table, multiple sinks, stainless-steel preparation and work tables, refrigeration, six-foot reach-in beer cooler, two-head refrigerated keg unit, cookware, and additional restaurant equipment.
The existing buildout provides flexibility for a variety of concepts including a neighborhood restaurant and bar, American cuisine, pub-style operation, Italian restaurant, pizza concept, casual dining, or chef-driven independent restaurant. The property occupies a prominent location along the Hartford Pike/Route 101 corridor and is positioned at a signalized intersection, providing strong visibility and signage opportunities.
On-site parking further supports restaurant use, while the approximately 6-acre parcel provides significantly more land than is typically found with a restaurant property of this size. The additional acreage may provide opportunities for future use, expansion, or other development subject to zoning, wetlands, engineering, permitting, and municipal approvals. A new operator may also have the opportunity to incorporate outdoor seating, takeout, delivery, catering, special events, and other revenue streams into a new concept.
For a buyer seeking to own rather than lease, this offering provides the opportunity to acquire the underlying real estate along with an existing restaurant buildout and substantial equipment package. Bring your own concept and reintroduce this established restaurant location to the Scituate market.
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Contact the Seller:
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Property Features and Assets:
Table and Chairs
Hand sink
Ice well
3 bay sink
Undercounter single door fridge
2 head refrigerator keg unit
Ice well
6ft reach in beer cooler
Vitamix blender
Waring commercial microwave
5ft SS prep table
2x fryers
Precision 24 inch charlbroiler
2x precision hd 6 burner stoves
5ft worktop refrigerator
10ft hood and Ansul system
8ft refrigerated prep unit
Hand sink
6ft gas steam table
Ice machine.
3 bay sink
Commercial dishwasher
8ft SS wash table
United dough mixer
Precision single door refrigerator
4ft SS Prep table
8ft SS shelf cabinet
4ft SS Table
Glass door refrigerator
Assorted cookware
Market Competition and Expansion:
This property offers several advantages compared with traditional leased restaurant opportunities, including ownership of the underlying real estate, approximately 6 acres of land, an existing restaurant buildout, extensive equipment, on-site parking, and a prominent location at a traffic light. Its established restaurant use and Route 101 location provide an incoming operator with a recognizable restaurant destination serving Scituate and surrounding communities. The property combines a manageable 50-seat restaurant with significantly more land than typically accompanies a restaurant of this size.
Reason for Selling:
Relocation. 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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