High Volume Casual Dining


Listing ID: 700364367

Listing Title: High Volume Casual Dining

Quick Link: http://www.globalbx.com/listing.asp?bId=364367

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Rhode Island



Asking Price Range: $500K - $1.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 1982

Number of Employees: 6 - 9

Business Description:
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.

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