Businesses For Sale > Business For Sale in Providence County, Rhode Island (RI)
Well Established Italian Casual Dining with Full Liquor License for sale in Providence County, RI
Providence County, Rhode Island (RI)
Asking Price: |
Gross: |
Cash Flow: |
$ 1,295,000 |
$ 1,622,748 |
$ 438,342 |
Furniture and Fixtures Value:
$ 190,000 (included in the asking price)
Inventory Value:
$ 20,000 (included in the asking price)
Real Estate:
$ 2,700,000 (not included in the asking price)
Business Summary:
This restaurant is a full-service and take-out casual pizza and pasta restaurant located in the suburbs of Providence. It prides itself on always going the extra mile for freshness and quality, including making all its dough fresh daily.Their commitment to high-quality food at an affordable price has paid off. The restaurant has gained a loyal following throughout the greater Providence area and their food has been voted Best in Rhode Island by R.I. Monthly Magazine. Beyond serving amazing food, it’s excellent reputation is further boosted by its stellar and dedicated staff, who always go the extra mile to make sure every customer leaves satisfied.
|
|
|
|
|
Facilities / Terms of Lease:
The restaurant is located in an over 3,500 SQFT facility, which boasts a large kitchen that accommodates all aspects of the business, and a comfortable, clean dining area for customers. It is located in a small plaza (over 8,000 SQFT) and has access to a parking lot with 53 spaces. Though a few other businesses also reside in the plaza, the restaurant does not tend to have any overlap with parking needs |
|
|
|
Owner
willing to finance:
A qualified buyer should be able to obtain an SBA 7A loan with 10-20% down payment |
|
|
|
Owner
willing to train:
The seller will provide training and support to ensure a smooth transition |
|
|
|
Reason for selling:
Retirement |
|
|
|
Seller Reference Number: 1795
BusinessMart.com Listing Number: 305456 |
|
|
To request more information
on this business
please fill out the form shown right
|
|
|
For
more info contact:
Marc Gudema
BayState Business Brokers
617-562-5700
|
|