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  • RE:  Fully Equipped Turnkey Restaurant For Sale - Full Liquor License
  • Contact:  Damian Santoro

Quick Facts

Asking Price: $199,000
Annual Revenue: $736,146
Net Profit: Not Disclosed
Cash Flow: $88,698
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 10
BBN Listing #: 989901
Broker Reference #: 24031

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Business Overview:

Take advantage of this rare opportunity to own a fully equipped, turnkey Restaurant for Sale located on the highly desirable East Side of Providence. This independent restaurant has been a local favorite, generating consistent annual sales of over $700,000 and delivering an owner benefit of approximately $100,000. Perfect for an owner-operator or chef-driven concept, this space is flexible—keep the current concept or bring your own vision to life. The setup is ideal for a breakfast, lunch, and dinner model and could also support catering or event services. This Restaurant for Sale offers approximately 1,900 square feet of interior space, plus basement storage. It's fully built out and furnished, saving you the time and expense of a new buildout or navigating permit approvals. With seating for 70 guests, a full bar, and a full liquor license in place, this opportunity allows you to step in and start operating from day one. The kitchen is outfitted with everything you need for high-volume service, including a 24-foot hood, convection oven, grills, 10-burner stoves, fryers, a pizza oven, mixer, refrigeration units, walk-in coolers, and more. The layout is efficient and designed for a smooth and fast-paced workflow, making it ideal for both casual and elevated dining concepts. This is an independent restaurant—no franchise fees, no corporate restrictions. You'll have full creative control to tailor the menu, hours, branding, and overall experience to fit your style. It's an easy-to-manage operation in a well-established, high-traffic location with loyal local support. We Sell Restaurants can assist with financing options, including unsecured lending for qualified buyers. With strong credit, you could be approved quickly and take ownership without lengthy delays or SBA complications. An attractive lease is in place with an affordable monthly rent of just $4,116, offering long-term value in a prime location. Whether you're an experienced restaurateur or a passionate newcomer, this is a fantastic opportunity to own a profitable, well-equipped restaurant in one of Providence's most sought-after neighborhoods. Don't miss your chance to own a successful, independent restaurant with everything in place for continued growth and success. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Property Features and Assets:

Positouch POS System with Cash Drawers and PrintersTables & ChairsHand SinkIce WellSink2 Door Beer CoolerBeer Tap SystemSony 32 Inch TVSound SystemAstoria Espresso MachineCoffee MachineSalad StationStand Up FreezerHobart SlicerWalk In Cooler 8'x8'Chest FreezerConvection Oven24inch Flat Top Grill10 Burner StovePitco Fryers5ft Salad Prep Unit2ft Salad Prep UnitHood and Ansul System 4ft CharlbroilerStand Up Soda Cooler4ft Salad Prep Unit60 qt MixerPizza RollerHobart DishwasherMicrowaveBlodgett Pizza OvenSteam TableStainless Steal Prep TableIce BucketCounter Top FridgeWalkin Cooler 7' x 8'Ice MachineWork Bench RefrigeratorAtosa Salad UnitTrue RegrigeratorHoshizaki Salad Prep UnitHoshizaki Reach In RefrigeratorFloor HeatersAssorted Cookware Assorted ShelvingAssorted SmallwaresAssorted Barware

Market Competition and Expansion:

The East Side of Providence is known for its vibrant dining scene, surrounded by affluent neighborhoods, universities, and cultural attractions. The area draws a steady mix of locals, students, and tourists, creating strong demand for unique and high-quality food and beverage options. With limited restaurant inventory and consistent foot traffic, well-executed independent concepts can thrive here. The neighborhood's supportive community and appreciation for chef-driven and locally owned establishments make it an ideal environment for a new or growing restaurant.

Reason for Selling:

Other

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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