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Asking Price: $250,000

Established Cigar Bar and Lounge -Turnkey Opportunity

Not Disclosed, Not Disclosed
Not disclosed

An opportunity to acquire a well-established cigar lounge and bar for sale located in the Kent County / West Bay area of Rhode Island. This business has operated successfully for over a decade, maintaining a loyal customer base and a strong reputation as one of the region's most recognized destinations for cigar enthusiasts. Featuring a full liquor license, an updated exhaust and air purification system, and a curated selection of premium cigars, the lounge provides a refined and comfortable environment for both members and casual guests. A new owner will step into a turnkey operation with consistent sales, a well-trained staff, and a solid foundation for continued success.This bar for sale consists of approximately 3,000 square feet and provides seating for 49 guests. Rent is $3,400 per month, including water and sewer, with a new lease to be negotiated for long-term stability. Annual sales are reported at $802,000, and an owner-operator can make over $125,000 per year. The layout includes a large, centrally positioned bar that serves as the main gathering area for guests and members alike. The atmosphere is social and inviting, offering a community-style setting that caters to a mix of regular patrons, professionals, and visitors who appreciate a relaxed yet upscale experience.In addition to its retail and bar operations, this Cigar Lounge generates revenue through wholesale cigar sales to other lounges and retailers. The business also features an established membership program with just shy of 100 members who enjoy exclusive privileges and a personalized experience. Regular events, card nights, and group activities contribute to a strong sense of camaraderie and community within the membership base.Future growth opportunities are abundant. A new owner could expand the membership program, enhance the beverage menu with high-end pairings, introduce ticketed tasting events, or develop branded merchandise. Increasing marketing and social media presence would also attract new clientele and strengthen the lounge's regional reach. The seller will provide 14 days of training to ensure a smooth transition and operational continuity.This is a confidential listing with We Sell Restaurants. Business name and address will be disclosed only to qualified buyers who complete a Non-Disclosure Agreement (NDA).By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Cash Flow Not Disclosed
Revenue $802,000

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.

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Cash Flow $200,203
Revenue $897,816

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