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Profitable Restaurant & Wine Bar - Property Available For Sale

Rhode Island, US
Asking Price:
$4,820,000
Sales Revenue:
$4,593,000
Cash Flow:
$945,629

Very profitable Restaurant & Wine Bar with Real Estate Available. This concept is a Cash Cow and setup for expansion. The business has a long history of success and excellent books & records. This opportunity qualifies for both SBA and conventional lending. Email for details.

PARKING: Ample parking in both locations
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:5 years plus five-year option (Location 2)
BASE RENT: $11,600/month plus NNN (Location 2)
CONCEPT: Casual Upscale Italian
SIZE: Location 1: 9,000 sq.ft., Location 2: 3,500 sq.ft
SEATS: Location 1: 260 inside, 55 outside; Location 2: 165 inside, 75 outside
HOURS: Both locations open daily
LICENSES: Location 1: Liquor License; Location 2: Liquor & Entertainment Licenses
SALES: $4,593,000
CASH FLOW: $945,629 SDE

ASKING PRICE: $4,820,000 For the Two Business Locations & Real Estate for Location 1

Property Information

Real Estate:

Real Property Included