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Profitable Italian Restaurant with Real Estate (via broker)

East Greenwich, Rhode Island (Providence County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $391,000 Inventory $2,500** 
Gross Income $405,000 Real Estate  
Cash Flow $74,554 Year Established 2003
FF&E $48,350* Employees 11

* included in the asking price

** not included in the asking price

Profitable and established medium priced Italian restaurant with real estate. Revenues are +$400,000 with real estate included recently appraised at $250,000 (via licensed RI realtor Greg Dantas) Located in Rhode Island's third largest city. Owner has other investments and lacks time to keep growing this business.

Facilities: Two story restaurant with plus thirty parking spaces on high traffic main road.

Competition: Only Italian restaurant on this high traffic avenue.

Growth/Expansion: Expand operating hours.

Support/Training: Two weeks or whatever is required. Will provide consulting agreement.

Reason Selling: Other investments in other towns.

Business For Sale By

Robert Flynn

4017440320

United Brokers Group

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