Retail - Bars/Taverns | Retail - Restaurants

Asking Price	$195,000	Inventory	$3000**
Gross Income	$265,000	Real Estate
Cash Flow	$113,000	Year Established	1987
FF&E	N/A	Employees	5

* included in the asking price

** not included in the asking price

Located in the heart of the art community in Providence, this bar and grill restaurant has a terrific atmosphere. It is a casual and funky location with simple yet great tasting quality food. Minutes away from downtown Providence they offer their guests a large spacious bar, plenty of table seating, and a pool table. The business is also available for private functions during non-business hours to earn additional income. Terrific opportunity to get started in an established bar and grill in downtown Providence. This bar also gets lots of business from local attractions such as the Providence Civic Center and Providence College. The business is doing very well right now. Sales have been steadily climbing. The owners have established a really nice clientele and designed a delicious menu that is easy to prepare and low in cost. The liquor license allows the bar to stay open until 2:00AM on Friday and Saturday. You can also increase revenues by opening for lunch as well. The owners have been operating the bar on an absentee basis.

Facilities: Many new updates.

Competition: Very few other bars in the area.

Growth/Expansion: Sales are trending upward

Financing: None

Support/Training: Seller will train the buyer

Reason Selling: Seller has other restaurants in other parts of RI so this is not convenient.