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Asking Price: $490,000

Profitable Newport Restaurant- Beer & Wine License Included

Not Disclosed, Not Disclosed
Not disclosed

Step into a thriving, profitable Newport, Rhode Island restaurant just in time for the upcoming busy season in one of New England's premier coastal destinations. A beer and wine license is already in place—an extremely valuable asset in Newport—providing immediate revenue opportunities and flexibility for a variety of concepts. This established, full-service restaurant generates approximately $900,000 in annual sales and delivers an owner benefit of around $200,000, with the potential for even greater returns for an owner-operator. Step into a turnkey, cash-flowing business on day one with proven performance and immediate upside. This opportunity is ideal for a hands-on operator, chef-driven concept, or multi-unit group looking to capitalize on Newport's powerful mix of tourism and year-round local demand. With peak season approaching, a new owner can immediately benefit from increased foot traffic, strong reservation volume, and heightened visibility in a high-performing hospitality market. SBA financing may be available for qualified buyers, making this an even more accessible opportunity with favorable lending terms.The restaurant spans approximately 2,317 square feet and features seating for around 95 guests in a polished, well-appointed dining room suited for elevated casual or upscale dining concepts. The space is fully built out and equipped with a commercial kitchen that includes ventilation, grease management systems, refrigeration, prep areas, warewashing, and ample storage. Designed for efficiency and consistent output, the layout supports both high-volume service and a refined guest experience.Monthly occupancy costs are approximately $6,500, offering a manageable structure for this strong coastal market. The current operating schedule focuses on evening service during the week with expanded hours on weekends, presenting clear opportunities for growth through brunch, lunch, late-night offerings, private events, catering, and seasonal programming. A trained staff of approximately twenty employees supports operations during peak periods, allowing for a smooth transition and continuity of service.Located in a vibrant coastal area known for its dining scene, tourism, and strong local base, the restaurant benefits from excellent visibility, proximity to lodging and attractions, and steady year-round traffic. Additional upside exists through enhanced digital marketing, online reservations, delivery integration, curated events, and experiential dining offerings designed to maximize both guest frequency and average check.The seller will provide training to ensure a seamless transition, including support with operations, vendor relationships, and systems. This is a rare opportunity to acquire a turnkey, cash-flowing Newport restaurant with proven performance, strong infrastructure, and significant upside heading into the busiest time of year. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

Cash Flow $200,203
Revenue $897,816

Asking Price: $1,500,000

Restaurant Real Estate for Sale! Built-In Event and Lounge Area!

Not Disclosed, Not Disclosed
Not disclosed

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.

Cash Flow Not Disclosed
Revenue $400,000

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