WESTERLY, Rhode Island
| Asking Price |
$99,995 |
Year Established |
2015 |
|
| Annual Revenue |
$209,807 |
Reason for Selling |
Relocation |
|
| Annual P/L |
|
Attention |
Robin Gagnon |
|
| Annual Cash Flow |
$0 |
Listing Number |
1010564 |
|
| # of Employees |
4 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Own this turnkey second generation Restaurant for Sale in Westerly, Rhode Island, and convert your concept fast. Presented by We Sell Restaurants, this approximately 2,500 square foot location pairs a proven dining layout with very low occupancy cost of just $1,700 per month. Open the doors to an inviting dining room and patio already configured to welcome guests, ideal for quick casual, deli, noodle, cafe, sandwich, or American comfort menus without the time or expense of new construction or lengthy permitting.
This Restaurant for Sale comes with a commercially built kitchen anchored by a full hood system and grease trap, the backbone for safe, high volume cooking. Line equipment includes a 6 burner stove, fryer, wok station, microwave, rice cooker, and a stainless 3 compartment sink that keeps workflow compliant and efficient. Cold storage and prep are covered with a walk in cooler, reach in freezer, sandwich prep coolers, additional refrigeration, and a roomy prep table, creating smooth movement from receiving to line for fast ticket times and consistent quality.
Front of house is set with smallwares, flatware, nine tables and 25 chairs, so you can serve immediately without chasing inventory or delaying your opening. Seat 25 guests inside with another 18 outside for seasonal demand, then maximize margins with a full liquor license already in place to build cocktail, beer, and wine sales. Ample parking and easy access support dine in, takeout, delivery, and catering, and the flexible layout works for counter service or full service with a clean area to stage pickup orders for busy nights.
Most of the recent 2025 revenue reflects reduced dinner-only operations and a Wednesday through Saturday schedule. This creates a significant opportunity for a new owner to expand operating hours, add lunch, brunch, late night service, or increase third-party delivery sales to capture additional revenue and improve overall performance.
Take over a straightforward lease running through June 2030, giving you long runway to build momentum in a flexible footprint around 2,500 square feet at a rent that keeps overhead in check. The seller is relocating and will provide one week of training, helping you master systems, vendor handoffs, and licensing so day one is confident and organized. Currently operated with a team of four employees, this Restaurant for Sale offers a streamlined operation with immediate upside potential for an owner-operator or experienced restaurateur.
Priced at $99,995, ask about unsecured lending up to $500,000 and bring your offer to We Sell Restaurants today to secure this second generation space in Westerly.
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Property Features and Assets:
Hood, Fryer 1, 6 burner stove, 3 Compartment Sink, Wok, Microwave, Rice Cooker, Smallwares(pots, pans, ladles, etc), 1 Prep Table, Walk In Cooler, Reach in Freezer, Other Refrigeration, Sandwich Prep Coolers, 9 Count of Tables, 25 Chairs, Seating capacity 25 people, Flatware, Service ware, Booster Seats
Market Competition and Expansion:
The area attracts affluent visitors and coastal commuters, creating demand for fresh, fast-casual dining concepts with broad appeal. Compared to the area?s concentration of seafood and traditional American restaurants, a specialty concept provides differentiation in the market while maintaining efficient food and labor costs. The location also benefits from strong summer traffic and repeat local business, supporting both dine-in and off-premise sales opportunities.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity