JOHNSTON, Rhode Island
| Asking Price |
$120,000 |
Year Established |
2022 |
|
| Annual Revenue |
$420,000 |
Reason for Selling |
New Career |
|
| Annual P/L |
$0 |
Attention |
Damian Santoro |
|
| Annual Cash Flow |
$0 |
Listing Number |
1011222 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Take advantage of this opportunity to acquire a fully equipped turnkey restaurant for sale in Johnston, Rhode Island, offering a complete buildout and immediate operational potential. This 2,000 square foot space seats approximately 55 guests and features a full bar along with a polished dining area, creating an inviting atmosphere suited for a wide range of concepts. Whether you envision a casual dining experience, an upscale lounge, a cocktail-driven concept, or a unique culinary offering, this space provides the flexibility to bring your vision to life.
This is an asset sale, allowing a new owner to benefit from a fully built-out restaurant without the significant cost, time, and challenges associated with a new construction project. The kitchen is equipped with a 16-foot hood and Ansul system, walk-in cooler, fryers, burners, undercounter grease trap, commercial dishwasher, refrigeration, freezers, catering equipment, and more. The Restaurant for sales layout is designed for efficiency and functionality, supporting both high-volume service and a smooth workflow from kitchen to front-of-house.
The Restaurant for sale operation generates approximately $420,000 in annual sales while operating limited hours, presenting a strong opportunity for growth through expanded service, new menu offerings, or a refreshed concept. A new owner can step in, optimize operations, and increase revenue by extending hours, enhancing marketing efforts, or introducing new revenue streams such as catering, delivery, or events.
This opportunity offered by We Sell Restaurants allows you to save substantial money on buildout costs, avoid lengthy permitting and inspection timelines, and be up and running generating revenue in a short period of time. Located in a high-visibility, high-traffic area, the restaurant benefits from consistent local demand and strong accessibility.
The Restaurant for sale has been operating for four years and is currently run by a hands-on ownership team. The sale includes all furniture, fixtures, and equipment, along with any negotiated intangible assets. This is a rare chance to step into a fully built-out restaurant space with a full bar, strong fundamentals, and unlimited potential.
Bring your concept, bring your vision, and get open quickly.
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Property Features and Assets:
Bar equipment <br>Ice well <br>Hand sink <br>3 bay sink <br>Single glass door refrigerator <br>True worktop glass double door beer cooler ( not working )<br>True reach in beer cooler ( not working)<br>Toast POS System with cash drawer and printer <br>Utility cart <br>Pepsi single glass door refrigerator True<br>Metro rack <br>4ft SS prep table <br>3ft SS prep table <br>16 ft hood and Ansul system <br>6 burner stove <br>4 burner stove <br>Morak 14? gas burner <br>14? gas burner <br>Moral Fryer <br>Spinning Grillers Pita Bread Oven <br>SS cabinet <br>True 6ft refrigerated prep unit w/ overshelf <br>True 5ft refrigerated prep unit w/ overshelf ( not working)<br>Metal utility cart <br>Vevor APD 40 dough rolling machine <br>8ft SS table with sink <br>Commercial microwave <br>Grease Guardian grease trap <br>3 bay sink Single<br>Mop sink <br>SS table 12 x 30?<br>Commercial dishwasher <br>2x 6ft SS table <br>Manitowic Ice Machine<br>Chest freezer <br>Hand sink Single Mop<br>Utility cart <br>Galaxy rice warmer <br>Akita two door SS refrigerator<br>Walkin cooler <br>4 ft SS table <br>Assorted cookware <br>Assorted dinnerware <br>Assorted metro racking <br>20 qt vevor mixer <br>20 qt vevor mixer ( needs service ) <br>Assorted chaffing pans <br>2x 4 compartment electric buffet unit
Market Competition and Expansion:
Established restaurant location with proven demand<br>? Ability to differentiate with new concept or cuisine<br>? Full bar provides competitive advantage over BYOB or non-licensed locations<br>? Turnkey infrastructure allows faster launch than competing new entrants<br>? Flexibility to adapt menu, branding, and service style<br>? Opportunity to outperform competitors with expanded hours and marketing
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity