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High Volume Casual Dining
Location: United States -> Rhode Island
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Full service casual dining Grille Pizzeria, Bar. Located in the heart of downtown Providence theater area. Walking distance to theaters PPAC, Trinity Rep. R.I. Convention Center, and colleges JWU, RISD, RWU, URI. Guaranteed business day and night. . Fantastic location on a business street in the city. Total interior buildout completed in the past 5 years, spending over 500,000.00 to complete. Upper level full service bar. With a full finished basement , two kitchens. Same location for over 39 years. Owner looking to retire. Full liquor license 2;00 am closing time. Seating up to 75 people. Outdoor seating available. Turn key operation, staff in place for new ownership. Owner financing to qualified buyer. This place is a money maker. six figure income.
Established for over 39 years in the same location. Located in historic building, in the theater district. Walking distance to all theater, convention center events, etc. Ample parking.
Location, location, location ! Downtown Providence. Buildout was beautifully done, new layout is customer service friendly, efficient setup for staff and new ownership. Street parking and unaffiliated parking lot adjacent to building. Business is well known for its pizza, Greek food and bar atmosphere.
New ownership can expand menu, offer delivery services. delivery services till 4;00 am 7 days weekly. favorable lease available. Catering to nearly offices, colleges, events, and apartments. Kitchen and finished basement allows for additional growth.
Ground level, first floor entrance, directly from sidewalk. Located on main downtown street. Highly visual corner location.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $205,000
Seller Financing:  Yes

About The Business

Year Established:  1982
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  retirement

Photos

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High Volume Casual Dining Photo 1




Print Listing Id: 700364367
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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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