Unique Food & Lounge Space For Sale - Full Kitchen Real Estate

Business Overview:

An exceptional opportunity awaits with this fully equipped food and lounge property offering real estate ownership in Providence, Rhode Island, with this Lounge for Sale. This one-level building features a turnkey setup perfectly designed for both quick service restaurant operations and a versatile lounge or event space, combining the best of functionality and flexibility for a new operator.

The Lounge for Sale includes a complete commercial kitchen, bar, and deli setup, all supported by high-quality equipment and thoughtful design that allows for an immediate start-up with minimal investment.

The business is not currently cashflow positive, but it represents an outstanding opportunity for a creative entrepreneur to bring a new concept or enhance the existing operation. With the full infrastructure already in place, the Lounge for Sale offers tremendous potential to relaunch under a new brand or expand on the current format with improved marketing, menu development, or events programming.

We Sell Restaurants knows that the front section is ideal for a QSR or café-style concept, easily adaptable for a deli, sandwich shop, bakery, coffee bar, smoothie café, or takeout operation. The adjoining lounge area provides flexibility for hookah service, a speakeasy-style bar, private dining, live entertainment, or networking and workshop events, making it perfect for social gatherings, nightlife, and private functions.

The commercial kitchen of this Lounge for Sale is fully equipped for any cuisine or catering operation, featuring a 12-foot hood with Ansul system, 6-burner range, flat-top grill, charbroiler, fryer, Blodgett convection oven, and extensive stainless steel workspace. Additional highlights include multiple refrigerated prep tables, Precision bar and beer coolers, POS systems, a 16-camera security system, and all essential small wares for full-scale operation.

This Lounge for Sale offers a rare chance to own a ready-to-operate food and beverage destination in one of Providence's most active commercial corridors. With real estate included and a flexible layout suited for countless hospitality uses, this is the perfect foundation for a hands-on operator or investor to build something special and profitable.

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Contact the Seller:

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Property Features and Assets:

Bar equipment
Precision 3 door glass door reach in work top beer cooler
Precision two door keg cooler with three taps
Glass top freezer
3 bay sink glass washer ( leased)
SS ice we?ll
Assorted speed racks
Assorted shelving
24 inch Hisense tv
Toast POS system with cash draw and cc swipe
Glass washer (leased)
Assorted glassware



Speakeasy / Lounge
16 barstools
4 tables
Assorted couches
Assorted chairs
Assorted coffee tables
4 Harbinger pre amp speakers
Dj lighting
6ft farm table

Basement
Assorted locker units
Assorted patio umbrellas
Assorted crowd control Stantions
Assorted dinnerware
Shopping carriages
Assorted office furniture
Assorted plastic shelving
Assorted catering chaffing setups
Assorted catering serving platters
Assorted catering display trays
Assorted hot drink dispensers
Assorted tiered catering displays
Assorted beverage dispensers
Assorted coolers
Assorted plastic storage bins
Assorted folding tables and chairs
Soup kettle
2x Waring conveyor toaster oven
Globe deli slicer
Ninja air fryer
Otis spunkmeyer oven
Presto waffle maker
BKI DR -34 Rotisserie electric
Vevor 3 compartment beverage dispensers
Electric food warmer
Countertop warm food display
Waring panini supreme press
Topkitch table top dbl electric dryer
Instant pot cooker
Counter top popcorn maker
Assorted pots and pans

Deli
16 camera system
Globe deli slicer
Hand sink
5ft SS prep table
7 chairs
5 counter stools
Glass door Coca Cola refrigerator
Toast POS system with cash draw , printer and cc system
LG commercial microwave
4ft refrigerated deli display case
Casado espresso machine
Digital scale
Moffat Turbofan oven
North American 3 door 6ft sandwich prep unit
Winco dbl panini press
Electric food warmer
6ft SS prep table with riser
6 ft SS prep table
Soup kettle
Bunn coffee maker
Bunn coffee mill
Premium dual function glass top fridge / freezer
True single door reach in refrigerator
Assorted serving assesories


Kitchen
Walkin Cooler
Assorted SS wall shelving
Artic air SS two door work top refrigerator
True 3 door door glass refrigerator
Mop sink
French fry press
3 bay sinks Precut
Big Dipper gralewee
Commercial dishwasher (leased)
6 ft SS prep table
Vegetable sink
Hand sink
Assorted wall shelving
Delfield 2 door worktop refrigerator
M3 Turbo air 4ft sandwich prep unit
Pitco fryer
Sounbend 6 burner stove
On Merton 18? charlbroiker
Precision HD 36? flat top grill
Blodgett convention oven
12ft hood and Ansul system
Assorted cookware
Assorted small wares
Ice machine
Mop sink
Tappat fridge / freeezer
Wesingtonhouse freezer
Frigidaire freezer
Magic chef microwave
Vitamix blender

Market Competition and Expansion:

The location sits within a thriving commercial corridor surrounded by complementary businesses, including restaurants, bars, and boutique retail. While nearby establishments attract steady foot traffic, few offer the unique blend of ambiance, entertainment, and experiential elements this space can support. The market continues to trend toward intimate, social environments such as speakeasies, lounges, and hookah venues, creating room for a distinctive concept that stands out while benefiting from the area?s built-in customer base. With strong neighborhood visibility, diverse demographics, and a growing appetite for local nightlife and cultural experiences, the property is well positioned to capture both repeat patrons and event-driven traffic.

Reason for Selling:

Other. Kindly ask the seller for more information.

Additional Details:

Relevant Links:

• View more Rhode Island businesses for sale
• View more Businesses For Sale in the same industry
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• Find a business broker