Fully Equipped Turnkey Restaurant & Real Estate- Bring Your Concept

WARWICK, Rhode Island

Asking Price $2,300,000 Year Established 2022
Annual Revenue $2,000,000 Reason for Selling Relocation  
Annual P/L Attention Damian Santoro
Annual Cash Flow $0 Listing Number 1017313  
# of Employees 20 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Exceptional opportunity to acquire a fully equipped turnkey restaurant for sale with real estate in a highly desirable Warwick location near Rhode Island T.F. Green International Airport. Situated at 2099 Post Road, this freestanding approximately 9,093-square-foot restaurant sits on approximately 1.41 acres and offers the size, infrastructure, parking, and flexibility to accommodate a wide variety of restaurant and hospitality concepts.
The restaurant for sale with real estate has a total capacity of 336 people, including a main dining room accommodating 199 guests along with three separate private function rooms that collectively accommodate an additional 137 guests. The private function space provides an incoming operator with significant opportunities for weddings, rehearsal dinners, showers, corporate events, holiday parties, celebrations, business functions, catered events, and other private gatherings.
From We Sell Restaurants the property features a large, fully equipped commercial kitchen with a 27-foot hood and Ansul system, walk-in cooler, extensive refrigeration, commercial cooking equipment, stainless-steel preparation areas, dishwashing equipment, grease management systems, storage, and substantial supporting restaurant equipment. A fully equipped main bar includes a six-tap refrigerated draft system, refrigeration, wine coolers, ice well, dishwasher, stainless-steel work areas, and related bar equipment. Additional features include outdoor seating, a loading dock, handicap accessibility, central air conditioning, natural gas, connected sewer, 400-amp electrical service, and fire sprinkler and alarm systems.
The property offers approximately 85 dedicated parking spaces with additional overflow parking, an important advantage for a restaurant and private-event operation of this size. Its location along the Post Road commercial corridor provides convenient access to the airport, major highways, area hotels, businesses, shopping, and surrounding residential communities.
This is an excellent opportunity for an established restaurant group, independent operator, franchisee, caterer, or event operator seeking to acquire restaurant real estate with extensive existing infrastructure and avoid the time and significant expense associated with building a comparable facility from the ground up. The sale includes the real estate and restaurant furniture, fixtures, and equipment. The current restaurant name, branding, recipes, and concept are not included in the sale.
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Property Features and Assets:

Kitchen
2x Big Dipper undercounter grease trap
Hobart commercial Dishwasher CL44E with SS returns
2x Hand sink
Assorted metro racking
3 bay sink
North American 2 door stainless steel fridge
Vevor ice machine
8ft SS prep table with sink and overshelf
2 bay SS sink
Walkin cooler
Main Street convection oven
Traulson 2 door glass refrigerator
2x Cleveland model 24CGA10.2
North American 2 Door SS refrigerator
8ft SS cabinet with sink and overshelf
Traulson RHT232NPTHHT Refrigerator
6ft SS prep table
Bakers rack
6tt SS prep table with overshelf
4ft chest freezer
3ft North American salad prep station
4ft SS prep table
Electric Food Warmer
5ft salad prep station
3ft chest freezer
4ft salad prep station
6ft SS prep table with sink
28ft SS overshelf
Commercial microwave
Continental refrigerated chef base
CPG 4ft charm toilet
Precision HD 10 burner stove
Utility cart
Pitco fryer digital fryer
3x 16 inch fryers
Double deck convection oven
3x high chairs
Assorted cookware
Assorted dinnerware
19 ft SS cabinet with heated soup kettles and sink
La pazza espresso machine
Assorted Flatware
Assorted glassware
Toast POS System 4 station
Hisense undercounter refrigerator
42 inch flat screen tv
6ft SS cabinet


Main Bar
SS Server Station
3ft SS Cabinet with Drawer
Hand sink
Auto Chlor Undercounter Dishwasher
Avantco 6 tap refrigerated draft cabinet
Precision undercounter 2 door glass refrigerator 2x
2ft ice well
Everest undercounter 2 door refrigerator
2x 42 inch flat screen tv
5ft SS cabinet
2x summit single door wine refrigerator
Vizio 42 inch flat screen
Assorted bar ware
Assorted artwork
27 ft hood and Ansul system
Assorted blenders and food processors

Market Competition and Expansion:

The Warwick restaurant market is well established, with a strong mix of independent restaurants, national brands, hotels, and hospitality businesses. This property differentiates itself through its large 336-person total capacity, three private function rooms, extensive commercial kitchen, substantial parking, and ability to generate revenue from both traditional restaurant operations and private events. Its proximity to T.F. Green International Airport, area hotels, major highways, and surrounding businesses provides access to local residents, business travelers, tourists, corporate customers, and event clientele.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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