WEST WARWICK, Rhode Island
| Asking Price |
$250,000 |
Year Established |
2023 |
|
| Annual Revenue |
$516,190 |
Reason for Selling |
Relocation |
|
| Annual P/L |
$0 |
Attention |
Damian Santoro |
|
| Annual Cash Flow |
$78,908 |
Listing Number |
1011836 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
An opportunity to acquire a well-established quick service Restaurant for sale concept located in the West Warwick, Rhode Island market. This is a cash-flow-positive business with strong sales performance and a proven operating model, making it an ideal opportunity for an owner-operator or investor seeking immediate income and long-term growth potential.
The Restaurant for sale operates out of approximately 1,000 square feet with seating for 22 guests, offering an efficient and manageable footprint designed for both dine-in and take-out service. With low monthly rent of $1,575, the business benefits from a favorable cost structure that supports strong margins and overall profitability.
The Restaurant for sale generates approximately $516,000 in annual sales, driven by a steady flow of customers from the surrounding residential neighborhoods, nearby businesses, and consistent local traffic patterns. The location is positioned in a high-traffic area, providing strong visibility and accessibility, while benefiting from favorable demographics including a dense population base, working professionals, and repeat local clientele.
Offered by We Sell Restaurants, space is fully equipped and turnkey, allowing a new owner to step in and continue operations immediately. Key equipment includes a new 60-quart dough mixer, 10-foot hood and Ansul system, flat top grill, walk-in refrigeration and freezers, salad units, prep tables, and additional supporting equipment. The setup is well-suited for a variety of quick-service or fast-casual concepts, offering flexibility for a new owner to maintain or evolve the current operation.
There are multiple opportunities for growth, including expanding hours of operation, increasing marketing and digital presence, enhancing menu offerings, and implementing online ordering or delivery services. With a strong foundation already in place, a new owner can focus on scaling revenue and improving operational efficiencies.
The business is being offered for sale as the current owner is relocating out of state, creating an opportunity for a new operator to take over a well-performing and established concept.
This is a confidential listing. Additional details, including business name and location, will be provided to qualified buyers upon execution of a Non-Disclosure Agreement (NDA).
Property Features and Assets:
10tt hood and Ansul system <br>Toast POS - leased <br>22 seats , 3 Tables<br>2 x precision hd heavy duty series shawarma machines gas <br>4ft SS prep tables <br>Precision 4ft refrigerated sandwich unit <br>4ft SS prep table <br>Precision 5 ft refrigerated sandwich unit <br>Winco food warmer <br>Blodgett single deck pizza oven <br>North American 4ft refrigerated chef base <br>Precision HD 4 burner gas range <br>Precision 2ft flat top grill <br>Pitco fryer <br>6ft worktop prep unit ( needs compressor )<br>Hand sink <br>Single glass door refrigerator <br>Wire rack shelving unit <br>2x flat screen TVs <br>Eurodib m60a dough mixer <br>3 bay sink <br>Hand sink <br>2ft SS cabinet with 2 drawers <br>Rice cooker <br>Hamilton beach microwave <br>10ft SS prep table <br>2x 3ft chest freezers<br>2ft chest freezer<br>Fridgeaire fridge / freezer <br>Glass door refrigerator<br>Mop sink <br>Assorted cookware <br>Assorted flat ware <br>Trash receptacles <br>Ninja food processor <br>Ninja blender <br>2x high chairs
Market Competition and Expansion:
The West Warwick market offers consistent demand for quick-service and fast-casual dining concepts, supported by a mix of residential neighborhoods, local businesses, and commuter traffic. This location benefits from strong visibility and accessibility, attracting both repeat customers and new patrons. The surrounding demographics include a dense population base and working professionals who rely on convenient dining options. While competition exists from other quick-service and take-out establishments, the business stands out with its established presence, strong sales performance, and loyal customer following.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity