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Diner & Creamery - Just Add Pizza! for sale in Providence County, RI

Providence County, Rhode Island (RI)

Asking Price: Gross: Cash Flow:
$ 300,000 $ 640,000 $ 74,600

Furniture and Fixtures Value:
$ 100,000 (included in the asking price)

Business Summary:
Two businesses in one. Full service restaurant plus a creamery that is an institution in the area. Restaurant is presently set up as a 49 seat diner. Can be converted to fast casual or fast food service.There is a big void of pizza in the area, which would be a HUGE addition to the menu. Creamery operates seasonally and does over $80k per month in season and makes alot of money. The creamery business was started in 1986 and the restaurant side was started in 2012. Restaurant operates limited hours, which can easily be expanded. Must be seen to be appreciated. Seller is willing to do some financing for a qualified buyer.

 

   
Year Business was Established: 1986
   
Number of Employees: 4 FT / 20 PT  
   
Facilities / Terms of Lease: Free standing building with ample parking. Space is 1,300 sq. ft. but is very compactly set up, so it seems larger. Very well equipped to accommodate virtually any menu. The creamery side has 5 outside windows to accommodate the big crowds. Excellent location on a busy road. Originally just a creamery, with the restaurant built out in 2012.  
   
Potential Growth/Expansion: Strengthen the menu of the restaurant. Expand hours Marketing Catering  
   
Competition: Virtually no pizza is offered in the immediate area. The ice cream competition is a non factor. For the right Buyer, this is a monster opportunity.  
   
Owner willing to finance: $150,000 Down / $150,000 for 60 mos @ 6%  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Retirement.  
   
Seller Reference Number: 3002-14696
BusinessMart.com Listing Number: 237996
 

 

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For more info contact:

Russ Bieber

Murphy Business & Financial Services
727-725-7090

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