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Well known Pizzeria And Brand In Rhode Island For Sale

Newport County, Rhode Island, US
Asking Price:
$647,000
Sales Revenue:
$1,240,000
Cash Flow:
$250,000

Well known and loved Pizzeria & Brand for sale in a Rhode Island Hot Spot. This business has decades of profitable success. The owner is retiring and would like to pass the baton on to the next generation. The business should be bank financeable for qualified Buyers.

FACILITY: Free-standing building
PARKING: Plenty of parking available
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:3 years remaining with one (1) option
BASE RENT: $4,167 plus NNN
CONCEPT: Pizza Restaurant
SIZE: 2,000 square feet
SEATS: 40 seats
HOURS: Open daily 11a-11p
LICENSES: CV
SALES: $1,240,000 per year
CASH FLOW: $250,000 (Seller’s Discretionary Earnings)

ASKING PRICE: $647,000 (For the Business)
Bank Financing Available for Qualified Buyers

Property Information

Real Estate:

Lease

Contact Corbett Restaurant Group

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