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Restaurant & Bar
Location: United States -> Rhode Island -> Providence County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Full service restaurant and bar with small function room, catering, comedy nights and keno. Owner did a $200k buildout in 2015 and purchased all new kitchen equipment. Owner will train as long as necessary.

PARKING: Private Parking Lot
EQUIPMENT: The equipment is new and is of good quality.
LEASE TERM: Two and a half (2 ½) years remaining on the lease with a five (5) year option
BASE RENT: $4,500 per month gross (triple nets included)
CONCEPT: Full Service American
SEATING: 70 seats inside & 30 seats outside
SIZE: 2,000 square feet
HOURS: Lunch & Dinner
LICENSES: Full Liquor License
SALES: $364,000 per year

ASKING PRICE: $99,900 (For the Business)


Financials

Asking Price Range:  < $250K
Gross Revenues:   $364,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2015
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

Photos

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Restaurant & Bar Photo 1




Print Listing Id: 700281340
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Rhode Island Businesses For Sale > Rhode Island Franchises For Sale > Rhode Island Business Brokers



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