Turnkey Restaurant Bar for Sale with Full Liquor License!!

NORTH PROVIDENCE, Rhode Island

Asking Price	$115,000	Year Established	2019
Annual Revenue	$275,000	Reason for Selling	Personal
Annual P/L	$0	Attention	Damian Santoro
Annual Cash Flow	$0	Listing Number	993204
# of Employees	5	Business Category	Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

This independent Restaurant Bar for Sale is ideal for an aspiring owner/operator or experienced restaurateur looking to bring a new concept to life in a fully equipped, turnkey space. Located on busy Smith Street in North Providence, the restaurant occupies 2,500 square feet and features a full liquor license, a spacious full bar with eight bar stools, and ample parking within a well-trafficked plaza. Rent is $3,900 per month, and the landlord is open to negotiating new lease terms for an approved tenant. This setup allows for a smooth and affordable transition into ownership without the time and cost associated with a full build-out.
The kitchen in the Restaurant Bar for Sale is loaded with essential commercial equipment, including a 10-foot hood and Ansul system, walk-in cooler, five freezers, two double gas burners, a fryer, a six-burner gas stove and oven, a reach-in glass door refrigerator, a 60-quart mixer, three-compartment sink, commercial dishwasher, vegetable sink, food processors, sandwich prep unit, stainless steel prep tables, ice machine, and assorted cookware, dinnerware, and shelving. Also included are 30 tables, 70 chairs, two buffet tables, POS system with cash drawer and printers, and other front-of-house necessities. This complete package saves the new owner significant upfront investment and allows operations to begin immediately.
The restaurant, offered by We Sell Restaurants, is currently operated by a hands-on owner actively involved in daily service, which has helped build a loyal customer base and smooth internal systems. Situated in a densely populated area with more than 34,000 residents within a five-mile radius and average household incomes exceeding $80,000, the surrounding market supports a wide range of food service concepts. This location is ideal for Latin fusion, Mediterranean, Asian street food, modern American, or even fast-casual dining. With high visibility, strong demographics, and a plug-and-play kitchen, this opportunity offers everything needed to launch or expand a successful culinary venture.
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Property Features and Assets:

Full Bar w/ Liquor License
8 Bar Stools
10ft Hood & Ansul System
Walkin cooler
Isofol Clay Gas Furnace
5 Freezers
2x Double Gas Burner
1 Fryer
6 Burner Gas Burner
6 Burner Gas Stove /Oven
Reach In Glass Door Refrigerator
60 qt Mixer
3 Bay Sink
Commercial Dishwasher
Vegetable Sink
Assorted Shelving
Assorted Cookware
Assorted Dinnerware
Microwave
5 Ft Sandwich Prep Unit
6 ft SS Prep Table
3 ft SS Prep Table
5ft SS Prep Table
I food cooler
I food processing machine
2 coffee machine
I 0 set buffet set
30 table
70 Chairs
I side signboard stand
2 children security chair
I ice machine
I printers machine
SkyTab POS System With Cash Draw and Printers
Commercial can opener
2 buffet table
4 drawer rack
I music stereo

Market Competition and Expansion:

This location at 1525 Smith Street in North Providence offers excellent visibility and consistent foot traffic within a busy retail plaza on one of the area?s main commercial corridors. Surrounded by national and local retailers, the site benefits from ample parking and a built-in customer base. Located just minutes from Providence, the area is supported by strong residential demographics, nearby schools, and major institutions like Our Lady of Fatima Hospital and Providence College, making it an ideal spot for a new or growing food concept.

Additional Details: