Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$185,000	Inventory
Gross Income	$236,000	Real Estate
Cash Flow	$51,510	Year Established	1998
FF&E	N/A	Employees	3ft/4pt

* included in the asking price

** not included in the asking price

Location, Location, Location! Rare Opportunity to own a very hip restaurant & bar in a busy location in Providence County, RI. This popular Bar & Eatery has it all, great cash flow, with a 60 foot oak bar with 30 stools, dining seats 55, total capacity 158, approved by fire marshals, all inspections are current. Cash Cow! Steady business and good reputation. Full professional kitchen with, ovens, fryer, freezers, refrigeration, lots of parking, plus more. Dining Room seating for 50. Pool room with 55" flat screen televisions ("think sports Bar") plus 36" LCD, and several other TV's located in pool area. Premium sound system with DJ capabilities for nightly entertainment, clear away the tables for dancing and socializing or special events. 20% of sales are food, 80% alcohol, gaming commissions earn 50%. Most employee's work for tips which means low labor costs. Most customers pay cash/credit at the bar. Fully alarmed to call station. Current owner will assist transferring liquor license to a new owner who has a good background. 5 years on current lease, great landlord will give an additional lease options. Owner has several other businesses that need attention which makes this your opportunity for ownership. http://listings.vestedbb.com/12041

Seller Financing Available: Yes

Financing: $85,000 @ 8% 48 mos.

Reason Selling: other business interests