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Prime Bar/Restaurant/Nightclub for sale in Downtown Providence, RI

Downtown Providence, Rhode Island (RI)

Asking Price: Gross: Cash Flow:
$ 450,000 $ 1,060,000 $ 167,000

Business Summary:
Prime Bar, Restaurant & Nightclub in Providence. This much-desired location in downtown Providence has all the income generators one could ask for - close to WaterFire, hotels, businesses, shopping and residences. The lounge has a 350-person capacity, first class build-out and great cash flow. Huge upside to expand the hours and the restaurant side of the business. This rare opportunity is hard to come by and won’t last, email for details!!

PARKING: On-street and public lots
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality.
LEASE TERM: Three (3) year lease with two (2) five (5) year options
BASE RENT: $11,500 per month gross (includes NNN)
CONCEPT: Full Service Lounge/Restaurant/Nightclub
SEATING: Capacity of 350 persons
SIZE: 4,500 s/f
HOURS: Friday & Saturday 6 PM – 2 AM
LICENSES: Full Liquor & Entertainment

 

   
Seller Reference Number: bm571188903
BusinessMart.com Listing Number: 207297
 

 

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For more info contact:

Todd Smith

Corbett Restaurant Group
617-948-3394

CONTACT SELLER

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