Newport County, RI American Restaurants For Sale

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Pink Pig BBQJamestown Location (Available) - Warwick Mobile Catering Trailer (Negotiable)
$299,000Seller Financing
Pink Pig BBQJamestown Location (Available) - Warwick Mobile Catering Trailer (Negotiable)

Jamestown, RI

Great opportunity to take over this simply structured and easily repeatable quick service BBQ restaurant concept with territorial franchising capabilities. Founded in 2016, Pink Pig BBQ is a regional favorite serving the best in New England style BBQ at locations in Jamestown and Warwick and through their Mobile Catering Trailer at private events across the Northeast. The original location - Jamestown - is priced aggressively at $299,000. Very favorable lease of $700/month in place. The Warwick location (63 Airport Rd) and the Mobile Catering Trailer can be packaged in for an additional $199,000. Owner financing available for qualified buyers. Joint ventures will be considered. Building Highlights: § Turnkey fully equipped counter service Quick Service Restaurant facility constructed in 2016 in seasonal island hotspot Jamestown, RI § Open circulation floorplan featuring 12’ overhead door perfect for summer nights § Professionally designed interior featuring highly functional service counter, prominent menu sight lines, and product display § Vibrant and comfortable customer setting totaling 30 seats, plus outdoor seating for 40 on the Newport Bridge facing patio § Highly sought-after main thoroughfare tourist location § Extremely favorable lease rate ($700/month) providing significant occupancy savings and positive bottom line impact Brand Highlights: § Pink Pig BBQ is a regional favorite serving the best in New England style barbecue with multiple locations (Jamestown & Warwick) and Mobile Catering Trailer for private events and vending opportunities § Strong brand visibility with significant followership and social media presence providing crucial direct to consumer marketing campaign opportunities § Concept was developed with multi-unit brand expansion in mind and embodies all the characteristics of simple structured repetition and territorial franchising Terms of Sale: § $299,000 Jamestown location. Can be combined to include 4corners Coffee / Pink Pig BBQ Warwick and Mobile Catering Trailer for an additional $199,000. § For qualified buyer, owner will hold balance at 6.5% for 36mos with 33.3% down § Two week training with head chef and general manager Occupancy: Rent: $700/month gross ($7/sf) Property Tax: none Insurance: $500/month (general liability & contents) Electric: $300/month Gas / Oil: $50/month Cable / Internet: $330/month

Turn Key Restaurant and Catering Business
Turn Key Restaurant and Catering Business

Newport County, RI

In business over 10 years Gross sales in 2018 estimated at $1.1-1.2 Million Full liquor, catering and entertainment licenses Roughly 2,000 SF with seating for 90 Fully equipped kitchen New beer tap system Partial basement Reserved parking Includes fully outfitted and completely self contained Catering Trailer and Truck for off premise events

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