Fully Equipped Restaurant with Real Estate, Owner Financing!

Pawtucket, RI

Seller Financing Available

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Asking Price:$975,000
Gross Revenue:$759,740
Cash Flow:$119,841
Established Year:2018
BUSINESS DESCRIPTION

Restaurant for Sale with Real Estate and over $700,000 in Sales!

Here's an exceptional opportunity to own a thriving, long-established, and fully equipped turnkey Restaurant for Sale with Real Estate in Pawtucket, RI. This well-maintained venue presented by We Sell Restaurants offers a complete package with real estate included in the sale price and owner financing options available, making it an attractive investment for prospective buyers.
The Restaurant for Sale with Real Estate benefits from a full liquor license, providing the flexibility to offer a diverse range of alcoholic beverages. This feature not only enhances the restaurant's appeal but also significantly boosts its profitability by attracting a broad customer base. Additionally, the restaurant excels in the takeout business, which is increasingly popular and contributes to steady revenue streams. Whether you want to continue the successful operation or introduce your culinary concept, this location offers great potential. With impressive sales of $750,000 in 2023, the restaurant is positioned for continued success and offers significant growth opportunities with the right vision and strategy.
This Restaurant for Sale with Real Estate is a fully operational, turnkey facility, meaning you can step in and start running the business immediately. The kitchen is well-equipped with essential appliances, including a 20 ft hood and Ansul system, a grease trap, ovens, fryers, grills, a walk-in freezer, and two walk-in coolers, ensuring that you have all the necessary tools to deliver high-quality food and service. The interior space spans 2,999 square feet, providing ample room to accommodate up to 65 patrons comfortably. Contact We Sell Restaurants today to learn more!
This Restaurant for Sale with Real Estate benefits from ongoing economic growth in the city, which enhances its visibility and attracts a steady flow of customers. The strong local community support translates into loyal patronage, while the increasing demand for diverse dining options creates a favorable market environment. The high-traffic location further draws in both locals and visitors, making it a prime spot for a thriving restaurant business.
Don't miss this chance to acquire a well-established, thriving Restaurant for Sale with Real Estate and all of the features needed to ensure continued success. Contact us today to draft your offer and take the next step toward owning a successful restaurant.
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DETAILED INFORMATION
Location
Pawtucket, RI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,999
Employees
9
Facilities
20 ft Hood 3 Ovens 1 Grill 2 Fryolators 1 Dishwasher 3 coolers 1 Heat table 1 freezer 2 stoves 1 3 bay sink 1 handwash sink 1 Espresso machine 2 small refrigerator 2 heat pans 1 Showcase cooler 2 POS system monitors/drawer 1 Coffee Maker 10 4 person tables 2 High top tables 50 aluminum chairs 4 folding tables 5 Baby highchairs 2 2 person round tables 8 light fixtures 4 Outdoor tables 20 Outdoor chairs 3 Umbrellas 2 bread warmers 3 beverage coolers 3 granite high top tables 4 light fixtures bar 20 bar stools bar 2 walk in cooler 1 walk in freezer 1 ice machine 2 stainless steel prep tables 8' 1 2 bay sinks 3 one bay sinks 1 grease trap 14 employee lockers 2 sofas 2 desks 20 folding chairs 20 Mahogony chairs
Competition
This location has several advantages, including the city?s economic growth, which enhances its customer base and visibility. The strong local community support provides a loyal patronage, while the increasing demand for diverse dining options presents a favorable market opportunity. Additionally, the restaurant benefits from a high-traffic location, drawing in both locals and visitors.
Growth & Expansion
This location is well-positioned for growth and expansion due to the city?s ongoing economic development and increasing population. The restaurant?s strong local presence and reputation provide a solid foundation for attracting more customers and expanding its reach. Additionally, the rising demand for diverse dining experiences and the potential for additional locations within the growing market offer significant opportunities for increased revenue and brand recognition.
Support & Training
30 days
Reason for Selling
Retirement
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Damian
Santoro
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Damian Santoro