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Asking Price: $550,000

212 Water Street - Sale & Leaseback - Block Island

Block Island, RI
Washington County

Turnkey acquisition of three fully built-out restaurant concepts located at 212 Water Street, a renovated approximately 12,000-square-foot, three-story property positioned immediately adjacent to the Block Island ferry landing. The real estate is not being sold. The purchaser acquires the restaurant operating assets and enters into a new lease with the property owner.RESTAURANT CONCEPTS• OneBI Steak & Oyster House: 162-seat higher-end restaurant and bar with approximately 80 indoor seats and 82 outdoor/deck seats. Kitchen is 100% new with new plumbing and new floor. All wired for KDS• Block Island Clam Cake Co.: Fast-casual, grab-and-go concept designed for ferry traffic and day visitors, featuring clam cakes, chowder, doughboys, lobster rolls and related offerings.• Italian Prepared Foods & Deli: Deli and prepared-food concept serving island residents, seasonal residents, workers, boaters and weekly renters.ASSET SALEPurchase Price: $550,000. The transaction includes substantially all furniture, fixtures, equipment and operating assets associated with the three restaurant concepts, together with the applicable concept names and intangible operating assets, except the “Pasta Patch” name.Trade Fixture Exclusion. Trade fixtures and building components that are permanently affixed, bolted, installed or otherwise attached to the building or structure are excluded from the asset sale and remain the property of the landlord. This includes, without limitation, the walk-in cooler, exhaust hoods, installed booths and other permanently affixed building fixtures. A detailed asset schedule should govern the final conveyance.Details:PARKING:7 spots, plus publicEQUIPMENT:All FF&E is included in the Asset Sale. Equipment is NEW.LEASE TERM:5 years plus a 5-year optionBASE RENT:$10,000 plus NNNCONCEPT:Three Restaurant ConceptsSEATING:162 seats at OneBI (80 indoor / 82 outdoor-deck)SIZE:12,000 SFHOURS:Business is currently closed. Inquire for previous hours.LICENSES:Full liquor license and CV licenseSALES:Please call for detailsCASH FLOW:Asset sale with leasebackASKING PRICE$550,000 (Asset Sale)

Cash Flow Not Disclosed
Revenue Not Disclosed

Asking Price: $1,479,500

Established Customs Brokerage & Trade Logistics Co

Not Disclosed, AK
Not disclosed

An opportunity to acquire a long-established customs brokerage and trade services company with more than 60 years of operating history. Based in the Pacific Northwest, the company serves clients with import, customs clearance, documentation, compliance, and related trade services, with the ability to support business beyond its immediate geographic market.The company has developed longstanding customer relationships across a diverse range of commercial industries and operates with an experienced team and technology-supported processes. Its lean operating structure, limited equipment requirements, and ability to support remote operations provide flexibility for a new owner.The business generated an average of $894,000 in revenue and $527,000 in cash flow over the last 3 years and has continued to produce strong financial performance in 2026.Growth opportunities include expanding the customer base, developing additional industry and referral relationships, and leveraging the company's established infrastructure to reach additional markets.This opportunity may be attractive to an individual buyer with relevant industry qualifications or to an established customs brokerage, freight forwarding, logistics, or related company seeking growth through acquisition.The sellers are committed to supporting a smooth ownership transition. Additional information regarding the company's operations, customers, financial performance, licensing, and growth opportunities is available to qualified buyers upon execution of a confidentiality agreement.

Cash Flow $527,000
Revenue $894,000

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