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Established very successful Bakery/Cafe/Wood Fired Pizzeria

Jamestown, RI (Newport County)

Seller Financing Available
Established very successful Bakery/Cafe/Wood Fired Pizzeria
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Asking Price: $1,249,000

Cash Flow: $238,253

Gross Revenue: $380,285

EBITDA: $188,652

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2002

Established very successful Bakery/Cafe/Wood Fired Pizzeria

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Business Description

Very successful and well established restaurant in Jamestown!

For lease or sale: a unique and highly successful, well established small restaurant in the heart of Jamestown.
Turnkey operation + beer and wine licence , equipment and real estate- asking price $1.249.000
Leasing option available.
The Village Hearth Bakery has been in operation for nearly two decades enjoying wide popularity and a large customer base and a high cash flow. This has been a family owned and run business for 18 years with intentionally limited days of operating but has great potential for expansion of days/hours of operation.

*Currently operating as a bakery, wood-fired pizzeria/cafe with a recently added wine and beer and entertainment license.

*This restaurant is fully equipped and includes a gorgeous large 6'x8' masonry wood-fired oven capable of producing large quantities of bread and pizza (and/or roasting meats and vegetables).

*Also includes a recent addition of a new state-of-the-art kitchen (-including new hood and fire suppressant system).

*The building has a brand-new roof which is completely covered in energy efficient (new) solar panels generating 60% of our electricity.

*40 seat indoor capacity and additional outdoor deck seating.

*Located in a highly trafficked intersection next to gas station and across from busy playground, library and active Cultural Arts Center.

*There is ample on-street parking.

Detailed Information

Location:
Jamestown, RI
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
2,100
Employees:
5
Facilities:
Home Based
Support & Training:
Training and support available upon request
Reason for Selling:
retirement
Home-Based:
This business is Home-Based
Business Website:
http://villagehearthbakerycafe.com
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Business Listed By:
andrea colognese

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