New Local Hotspot in Rhode Island – RE Available

Providence County, RI

New Local Hotspot in Rhode Island – RE Available

Asking Price:$395,000

Cash Flow:N/A

Gross Revenue:$600,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

New Local Hotspot in Rhode Island – RE Available

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Business Description

Newly built establishment is part of a new and large growing trend of upscale Hamburger Restaurants. Located on a busy high traffic road. During the day and evening, it has a family style feel that seats approx. 75 persons, serving milkshakes to the kids and alcohol to the adults. The lovely large outside patio has the look and feel of an Italian Bistro. Live music, DJ, or Karaoke 7 night a week. Divorce forces the sale. The Real Estate is Available for sale as well!!

PARKING: On street and public and private lots
EQUIPMENT: The equipment is brand new and valued at 400K
LEASE TERM: To be negotiated. The building may be purchased.
BASE RENT: To be negotiated
CONCEPT: Restaurant/Bar
SEATING: Capacity of 150 inside, 50 on patio
SIZE: 4, 000 square feet plus 720 square foot patio
HOURS: Open from 11:00-12:00 M-T. Fri-Sat 11:00-1:00 Sun 11:00-12:00
LICENSES: Full Liquor and Entertainment licenses

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Todd Smith

Business Listed By:
Todd Smith

Corbett Restaurant Group

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