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- RE: Turnkey Restaurant For Sale - Full Liquor - Downtown Providence!!
- Contact: Damian Santoro
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $600,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 10 | |
BBN Listing #: | 989760 | |
Broker Reference #: | 23933 |
Business Overview:
This fully equipped, turnkey Restaurant for Sale located in the heart of Downtown Providence presents an exceptional opportunity for an aspiring owner/operator or seasoned restaurateur ready to step into a prime location with minimal hassle. The space features everything you need to operate immediately, including a 20-foot hood with Ansul fire suppression system, flat tops, fryers, ovens, stoves, sandwich units, prep tables, a walk-in refrigerator and freezer, and a fully equipped bar.With seating for 100 guests and a full liquor license, this Restaurant for Sale is currently operating during breakfast and lunch hours, but the layout and infrastructure are ideal for expanding into dinner service or transforming the space into a lively lounge. You can keep the same concept or bring your own—this location is flexible and packed with potential.
Positioned just steps from the train station, major hotels, office buildings, high-rise condos, and the central bus station, this restaurant, offered by We Sell Restaurants, benefits from constant foot traffic from commuters, business travelers, and local residents. The monthly rent of $9,500 includes all CAM charges, making this one of the most affordable, well-positioned restaurant opportunities in Downtown Providence.
This independent restaurant offers the freedom to customize your menu, hours, and services without the burden of franchise fees or limitations. Save significant time and money by avoiding expensive buildouts and the headache of permitting delays. This is a rare chance to walk into a fully outfitted kitchen and front-of-house setup and begin operations immediately. With annual sales of [Insert Sales] and a trained team of [Insert Number] employees already in place, the business is well-positioned for continued growth.
We Sell Restaurants can assist with financing options, including unsecured loans for qualified buyers that don't require SBA approval. This means you can close faster and get to work building your vision. Don't miss this opportunity to own a fully equipped, high-potential restaurant in one of the most dynamic and active areas of Providence. Act now and take the reins of this profitable, ready-to-go operation.
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Property Features and Assets:
Bar2 bar sink
Refrigerated deli case
Undercounter ice machine
2x Precision 2 door glass reach in beer
cooler
3 door glass door reach in cooler
Crathco lemonade machine
Nuova Simonelli espresso machine
Breadcrumb POS System with printers and cash drawers
True undercounter two door beer cooler
Hand sink
Hand sink
Ice well x2
3 bay sink
Soda system
Assorted shelving
100 seats
20 Tables
High chairs
Sound system
Dj setup
Frozen drink machine
Walkin freezer
Walkin refrigerator
Ice cream freezer
Frozen drink machine Precision
Dishwasher
6ft sandwich unit
Undercounter refrigerator
3 bay sink
3ft SS table
5 deck bakers over (500 degree )
6 ft SS table
Baker rack
Ice machine
Marshal & sons Refigeration prep unit
Single bay sink
6ft SS table
Pitco double fryer
6 burner stove with salamander
4 ft sandwich unit Undercounter
Adcraft 2 unit electric steam table
2x 24 inch sandwich units
Commercial microwave
Commercial toaster
Magikitchin 36? flat top
5ft flat top grill
6ft chef base -4 draw
20 ft hood
Fridgaire single door fridge
Hand sink
10ft captive air heat hood
Chef mate deli slicer
Security system
Blodgett steamer kettle
Market Competition and Expansion:
Providence, RI offers a thriving and opportunity-rich restaurant market. Known for its diverse food scene and engaged local community, the city attracts diners eager to try new and unique concepts. Its central location near hotels, businesses, and transit hubs ensures steady foot traffic, while a strong support system of food-focused events and organizations creates a welcoming environment for operators looking to grow. Despite healthy competition, there?s plenty of room for well-executed, independently owned concepts to stand out and succeed.Reason for Selling:
OtherAdditional 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
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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