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- RE: Fully Equipped Restaurant For Sale With Real Estate, Owner Financing
- Contact: Damian Santoro
Quick Facts
Asking Price: | $750,000 | |
Annual Revenue: | $759,740 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $119,841 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 9 | |
BBN Listing #: | 983733 | |
Broker Reference #: | 16554 |
Business Overview:
This turnkey Restaurant for Sale with Real Estate in Pawtucket, RI, has just undergone a major price reduction, making it an incredible opportunity for a buyer looking to own both the business and property at an unbeatable value. The owner is highly motivated and is offering owner financing on the real estate at a lower rate than any bank, making this a rare chance to secure a fully built-out restaurant in a prime location.This long-established Restaurant for Sale with Real Estate is fully equipped and ready for a new owner. You can continue with the current concept or bring your own culinary vision to life. With high visibility, heavy foot traffic, and a strong local customer base, this space is ideal for a variety of concepts, including a breakfast spot, hookah lounge, fine dining, Asian cuisine, or other specialized dining experiences.The fully equipped kitchen, offered by We Sell Restaurants, includes a 20 ft hood with an Ansul system, grease trap, two stoves, three ovens, one grill, two fryolators, two walk-in coolers, a walk-in freezer, dishwasher, espresso machine, and more. The bar is fully stocked with beverage coolers, an ice machine, and a full liquor license, adding to the restaurant's revenue potential.Spanning 2,999 square feet, the space offers seating for up to 65 patrons, with a well-designed dining area and additional outdoor seating. With sales of $750,000 in 2023, this business is already thriving and presents significant growth potential for a new owner.This Restaurant for Sale with Real Estate has a motivated seller, major price reduction, and flexible owner financing, this is an unbeatable opportunity to acquire a restaurant and real estate at a fantastic value.Don't miss out! Contact We Sell Restaurants today to schedule a showing or learn more about this rare opportunity.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
20 ft Hood 3Ovens1Grill2Fryolators1Dishwasher3coolers1Heat table1freezer2stoves13 bay sink1handwash sink1Espresso machine2small refrigerator2heat pans1Showcase cooler2POS system monitors/drawer1Coffee Maker104 person tables2High top tables50aluminum chairs4folding tables5Baby highchairs22 person round tables8light fixtures4Outdoor tables20Outdoor chairs3Umbrellas2bread warmers3beverage coolers3granite high top tables4light fixturesbar20bar stoolsbar2walk in cooler1walk in freezer1ice machine2stainless steel prep tables 8'12 bay sinks3one bay sinks1grease trap14employee lockers2sofas2desks20folding chairs20Mahogony chairsMarket Competition and Expansion:
This location has several advantages, including the city?s economic growth, which enhances its customer base and visibility. The strong local community support provides a loyal patronage, while the increasing demand for diverse dining options presents a favorable market opportunity. Additionally, the restaurant benefits from a high-traffic location, drawing in both locals and visitors.Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Rhode Island businesses for sale
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