Ri Bar & Grille For Sale

Location: United States -> Rhode Island -> Providence County
Industry: Bars and Nightclubs > Bars and Pubs

Business Summary

Bar & Grille for sale, located on a busy road with a well established name and following. 2000 square feet with a separate back room for functions and entertainment, large kitchen area and full basement for storage. Cold tap system built into the large walk in cooler, 8 taps total. Capacity of 142 and everything is up to code. Offers a great opportunity to expand on the existing business. Right now the kitchen is underutilized and most of the sales are alcohol. Landlord is willing to extend the lease with what ever terms a new owner wants and keep the rent at a constant level, no annual increases. Add lotto for added revenues. Full liquor and entertainment license included.


Asking Price Range: < $250K
Gross Revenues: $183,000
Cash Flow: $82,006
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes

About The Business

Year Established: 2006
Number of Employees: 1 – 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable

About The Sale

Reason For Selling: Other business interests. es for sale