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Asking Price: $579,000

Profitable Neighborhood Bar for Sale with Patio - Northern RI

Smithfield, RI
Providence County

Profitable Neighborhood Bar for Sale with Patio - Northern RI - Turnkey Operation with Strong Cash FlowAn opportunity to acquire a well-established neighborhood Bar for Sale with pub-style food located in the Northern Rhode Island / Tri-Town area. This business has been successfully operating for 9 years, building a loyal local following and a strong reputation within the community. With a full liquor license, consistent sales, and a proven operating model, this is an ideal opportunity for an owner-operator or investor seeking a cash-flow-positive bar with immediate income potential.The Bar for Sale presented by We Sell Restaurants offers approximately 1,253 square feet with seating for 76 guests indoors and an additional 74 seats outdoors, providing excellent flexibility for seasonal traffic and events. Rent is attractively priced at $2,550 per month, with quarterly CAM charges of $1,311, making this a manageable and cost-effective footprint. The layout is efficient and designed for both bar service and food production, creating a balanced revenue stream between beverage and kitchen sales.Annual sales are reported at $873,837, with an owner benefit of $232,498, making this Bar for Sale a strong performing business in its category. The bar is fully staffed with experienced employees in place, allowing for a smooth transition and continued operational stability. The environment is welcoming and community-driven, appealing to both regular patrons and new customers seeking a casual, social atmosphere.The Bar for Sale kitchen is fully equipped with an 8-foot hood and Ansul system, walk-in cooler/freezer combo, fryers, flat top grill, and ice machine, along with all necessary equipment to support a consistent pub-style menu. A POS system is in place for streamlined operations, and the entire space is turnkey with minimal additional investment required.The current owners of the Bar for Sale are not involved in the day-to-day front-of-house operations, allowing staff to manage daily service. Ownership primarily focuses on back-of-house responsibilities, including hiring, staffing, and liquor ordering, providing oversight while maintaining a streamlined operational structure.There are several clear opportunities for growth, including adding lunch service, implementing third-party delivery, and increasing customer engagement through live music, trivia nights, and special events. With its established customer base and strong foundation, a new owner of this Bar for Sale can step in and quickly capitalize on these opportunities to drive additional revenue.SBA financing may be available for qualified buyers, making this Bar for Sale an attractive opportunity with a lower upfront investment. The seller will provide two weeks of training to ensure a seamless transition.This Bar for Sale is a confidential listing. 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 $232,498
Revenue $873,837

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