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Fully Equipped Restaurant & Event Venue 1.4 M Revenue.

Providence, Rhode Island

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FOR SALE - ACTIVE

$249,000

Listing #16211

$1,487,716

Gross Sales

$204,485.36

Owner Benefit

Listing

  • Listing#:16211
  • Price: $249,000
  • Location:Rhode Island

Explore the opportunity to acquire a lively bar and grill with strong financial performance, demonstrating annual sales ranging between $1.3-1.4 million . This well-loved establishment consistently attracts a steady flow of patrons and offers significant growth opportunities for a proactive owner/operator.

Located near colleges, hotels, and major highways, the venue enjoys high visibility and is a popular hangout in the region. The establishment features a Transferable Full Liquor License and operates with a 2AM closing time, enhancing its appeal.

The Bar & Grill is well-equipped with an extensive range of kitchen equipment, including a high-capacity hood, Ansul system, multiple sandwich units, a grill, an oven, fryers, and two walk-in coolers. The three bars are fully equipped with ice wells, coolers, and sinks, ensuring optimal efficiency and excellent service. This robust kitchen setup supports both daily operations and large-scale events.

A standout feature is its versatile event space, which accommodates a variety of casual gatherings, from community events and corporate functions to personal celebrations. The space is designed with inviting decor and can be easily adapted to suit different types of events, making it a key asset for generating additional revenue. The venue’s capacity for large gatherings and its welcoming atmosphere significantly enhance its appeal.

Additionally, the venue includes a spacious outdoor patio area, ideal for socializing during the warmer months. Ample parking and convenient access further enhance the venue’s attractiveness and guest satisfaction.

There is considerable potential for growth, particularly for an owner/operator who can capitalize on the venue’s versatility and high visibility. Expanding the range of events, increasing marketing efforts, and leveraging the outdoor space for seasonal promotions could significantly boost patronage and profits. This is an excellent opportunity to tap into the local market and attract new customers by enhancing the venue’s offerings and visibility.

 The real estate is not included in the asking price but is available for negotiation if a buyer is interested in a more comprehensive investment.

This venue offers a multifunctional space catering to diverse needs and events, with strategic location and adaptable features making it an outstanding prospect for further development.

For more detailed information and to explore this unique business opportunity under confidentiality, please contact us.

By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications. 

Please click on the tab below to easily acknowledge confidentiality on this Bar and grill for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Damian Santoro at (401) 777-7355.

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website.This may not be duplicated without the express permission of We Sell Restaurants.We Sell Restaurants is a federally registered trademark.

Business listed by Damian Santoro, .

Explore the opportunity to acquire a lively bar and grill with strong financial performance, demonstrating annual sales ranging between $1.3-1.4 million . This well-loved establishment consistently attracts a steady flow of patrons and offers significant growth opportunities for a proactive owner/operator.

Located near colleges, hotels, and major highways, the venue enjoys high visibility and is a popular hangout in the region. The establishment features a Transferable Full Liquor License and operates with a 2AM closing time, enhancing its appeal.

The Bar & Grill is well-equipped with an extensive range of kitchen equipment, including a high-capacity hood, Ansul system, multiple sandwich units, a grill, an oven, fryers, and two walk-in coolers. The three bars are fully equipped with ice wells, coolers, and sinks, ensuring optimal efficiency and excellent service. This robust kitchen setup supports both daily operations and large-scale events.

A standout feature is its versatile event space, which accommodates a variety of casual gatherings, from community events and corporate functions to personal celebrations. The space is designed with inviting decor and can be easily adapted to suit different types of events, making it a key asset for generating additional revenue. The venue’s capacity for large gatherings and its welcoming atmosphere significantly enhance its appeal.

Additionally, the venue includes a spacious outdoor patio area, ideal for socializing during the warmer months. Ample parking and convenient access further enhance the venue’s attractiveness and guest satisfaction.

There is considerable potential for growth, particularly for an owner/operator who can capitalize on the venue’s versatility and high visibility. Expanding the range of events, increasing marketing efforts, and leveraging the outdoor space for seasonal promotions could significantly boost patronage and profits. This is an excellent opportunity to tap into the local market and attract new customers by enhancing the venue’s offerings and visibility.

 The real estate is not included in the asking price but is available for negotiation if a buyer is interested in a more comprehensive investment.

This venue offers a multifunctional space catering to diverse needs and events, with strategic location and adaptable features making it an outstanding prospect for further development.

For more detailed information and to explore this unique business opportunity under confidentiality, please contact us.

By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications. 

Please click on the tab below to easily acknowledge confidentiality on this Bar and grill for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Damian Santoro at (401) 777-7355.

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website.This may not be duplicated without the express permission of We Sell Restaurants.We Sell Restaurants is a federally registered trademark.

Business listed by Damian Santoro, .

Lease Term 2, 5

Monthly Rent $9,800

Indoor Seating 180

Inside Sq. Ft. 7,500

Hood System Yes

Hours Monday -Friday 3PM-12AM Saturday-Sunday 11AM

No. of Part-Time Employees 14

No. of Full-Time Employees 8

  • Owner Financing for Qualified Buyer
  • Near Major Colleges
  • Real Estate Negotiable
  • High traffic location
  • Best Sports Bar
  • Private Function Room
  • Great growth potential
  • Turn Key Restaurant Available for You Today!
  • Sports Bar for Sale

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