Fully Equipped Turnkey Restaurant & Lounge

Providence, Rhode Island

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SOLD

Listing

  • Listing#:18785
  • Price: $250,000
  • Location:Rhode Island

Incredible Asset Sale Opportunity in Iconic Providence Location – Two Floors of Potential for Your Concept

Bring your own vision to life with this fully equipped, multi-level restaurant, lounge, and event space located in the heart of one of Providence’s most iconic neighborhoods. This is an asset sale—the previous $1.6 million in annual sales are no longer reflective of current operations, making it the perfect opportunity for a new owner to create something fresh in a prime location.

Spanning two spacious floors, this turnkey setup includes three bars and all the equipment you need to hit the ground running. Whether you're envisioning a high-energy lounge, an upscale dining experience, or a private event venue, this space offers endless possibilities for growth and reinvention.

Included in the sale are a 15.5 ft hood, undercounter grease trap, fryers, 6-burner stove/flat top combo, grill, prep tables, reach-in coolers and freezers, bar equipment, smallwares, seating, hookah supplies, ice machines, and much more. Everything is in place to support a smooth transition to your concept.

Located in a high-visibility, high-foot-traffic area, this space is surrounded by retail shops, cultural attractions, and a diverse population of students, residents, and visitors. The neighborhood continues to grow, offering a strong foundation for future success.

This offering is perfect for restaurateurs, hospitality groups, or investors looking to build or expand a brand in one of Providence's most sought-after areas. The flexibility of the layout and the premium location make this a rare chance to take over a fully equipped space without the high upfront buildout cost.

Don’t miss out—contact We Sell Restaurants today to learn more about this prime asset sale and start planning your next successful venture.

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

Please click the red “Get Complete Package” button to easily acknowledge confidentiality on this Restaurant 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, .

Incredible Asset Sale Opportunity in Iconic Providence Location – Two Floors of Potential for Your Concept

Bring your own vision to life with this fully equipped, multi-level restaurant, lounge, and event space located in the heart of one of Providence’s most iconic neighborhoods. This is an asset sale—the previous $1.6 million in annual sales are no longer reflective of current operations, making it the perfect opportunity for a new owner to create something fresh in a prime location.

Spanning two spacious floors, this turnkey setup includes three bars and all the equipment you need to hit the ground running. Whether you're envisioning a high-energy lounge, an upscale dining experience, or a private event venue, this space offers endless possibilities for growth and reinvention.

Included in the sale are a 15.5 ft hood, undercounter grease trap, fryers, 6-burner stove/flat top combo, grill, prep tables, reach-in coolers and freezers, bar equipment, smallwares, seating, hookah supplies, ice machines, and much more. Everything is in place to support a smooth transition to your concept.

Located in a high-visibility, high-foot-traffic area, this space is surrounded by retail shops, cultural attractions, and a diverse population of students, residents, and visitors. The neighborhood continues to grow, offering a strong foundation for future success.

This offering is perfect for restaurateurs, hospitality groups, or investors looking to build or expand a brand in one of Providence's most sought-after areas. The flexibility of the layout and the premium location make this a rare chance to take over a fully equipped space without the high upfront buildout cost.

Don’t miss out—contact We Sell Restaurants today to learn more about this prime asset sale and start planning your next successful venture.

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

Please click the red “Get Complete Package” button to easily acknowledge confidentiality on this Restaurant 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 3 years

Monthly Rent $5,966, $3,937

Inside Sq. Ft. 1,772, 2,475

Hood System Yes

Hours Monday & Tuesday - closed, Wednesday & Thursday 5pm- 11pm, Friday 5pm- 1am, Saturday 10am - 1am, Sunday 11am - 1am

No. of Part-Time Employees 6

No. of Full-Time Employees 4

  • Turnkey Upscale Restaurant & Lounge
  • Full Bar & Event Capabilities
  • Fully Equipped Event Space & Lounge
  • $1.6M Annual Sales
  • Prime Providence Restaurant for Sale
  • Upscale Lounge For Sale
  • Fully Furnished & Turnkey
  • Start Generating Revenue Immediately in This Turnkey Lounge
  • Fully Equipped Kitchen

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