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Listed by:

Coastal Business Brokers

Popular Ri Restaurant W/re For Sale

Rhode Island, US
Asking Price:
$1,200,000 Furniture / Fixtures included
Sales Revenue:
$2,119,540
Cash Flow:
$518,736

Highly profitable and popular restaurant located in southern Rhode Island that has been providing delicious and affordable food to customers for many years.

Experienced and long tenured employees in place.

Loyal and diverse customer base including locals, tourists, workers, etc.

Excellent opportunity for an existing restauranteur, restaurant group or someone with culinary experience to expand on an already successful operation.

Property Information

Real Estate:

Real Property Included

Premises Details:

The restaurant has a capacity well over 100 people and is located on a high traffic route with ample parking for customers. The Real Estate is for sale for $550,000 and is included in the asking price.

Business Operation

Expansion Potential:

Many opportunities for growth such as expanding hours, offering breakfast service and expanding capacity.

Reasons for selling:

Personal

Employees:
19

Other Information

Support & training:

As needed for a smooth transition.

Furniture / Fixtures value:
$70,000 - included in the asking price
Inventory / Stock value:
$20,000