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Well-established Italian Casual Dining W/full Liquor License For Sale

Providence County, Rhode Island, US
Asking Price:
$1,295,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,622,748
Cash Flow:
$438,342

This restaurant is a full-service and take-out casual pizza and pasta restaurant located in the suburbs of Providence. It prides itself on always going the extra mile for freshness and quality, including making all its dough fresh daily.

Their commitment to high-quality food at an affordable price has paid off. The restaurant has gained a loyal following throughout the greater Providence area and their food has been voted Best in Rhode Island by R.I. Monthly Magazine.

Beyond serving amazing food, it’s excellent reputation is further boosted by its stellar and dedicated staff, who always go the extra mile to make sure every customer leaves satisfied.

The Real Estate is available for sale if desired: $2,700,000.

Property Information

Premises Details:

The restaurant is located in an over 3,500 SQFT facility, which boasts a large kitchen that accommodates all aspects of the business, and a comfortable, clean dining area for customers. It is located in a small plaza (6,200 SQFT) and has access to a parking lot with 53 spaces. Though a few other businesses also reside in the plaza, the restaurant does not tend to have any overlap with parking needs.
The Real Estate is available for sale if desired: $2,700,000.

Business Operation

Reasons for selling:

Retirement

Employees:
22

Other Information

Support & training:

The seller will provide training and support to ensure a smooth transition

Financing available:

A qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.

Furniture / Fixtures value:
$190,000 - included in the asking price
Inventory / Stock value:
$20,000 - included in the asking price
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