Fully Equipped Newport, RI Restaurant + Beer & Wine License

Newport, Rhode Island

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Listing

  • Listing#:33938
  • Price: $415,000
  • Location:Rhode Island

Step into a high-performing, fully equipped turnkey restaurant for sale located in one of Rhode Island’s most desirable and high-traffic coastal markets. This established operation generates strong annual revenue with consistent cash flow, offering immediate income potential and meaningful upside for a hands-on operator or experienced restaurant group.

This restaurant for sale includes a highly sought-after beer and wine license, a significant advantage in this market where licenses are not issued by the city and must be acquired through private transfer when they become available.. Securing a license can often require long wait times, making this inclusion a valuable asset that allows a new owner to immediately maximize beverage sales and overall revenue potential.

From We Sell restaurants, the restaurant features a spacious, well-designed dining area with ample seating capacity, creating a comfortable and inviting environment suited for a variety of concepts. The layout supports both high-volume service and an elevated guest experience, while remaining flexible for rebranding or repositioning. The fully built-out commercial kitchen includes a hood and ventilation system, grease management, refrigeration, prep areas, warewashing, and ample storage, providing everything needed to operate immediately without the cost and delays of a new buildout.

Located in a prime, high-visibility area supported by strong residential density and steady tourism, this location benefits from consistent year-round demand along with peak seasonal traffic. Its proximity to popular destinations, lodging, and retail hubs enhances exposure and drives both repeat and new customer traffic.

Current operations focus on evening service during the week with expanded weekend hours, presenting clear opportunities for growth through lunch, brunch, catering, private events, and extended hours. A trained team is already in place, allowing for operational continuity and a smooth transition.

Occupancy costs are structured at a manageable level relative to the strength of the location and revenue potential. SBA financing may be available for qualified buyers, further increasing accessibility.

This is a rare opportunity to acquire a turnkey, cash-flowing restaurant in a premier coastal location, complete with licensing, infrastructure, and strong operating history. Ideal for an owner-operator, chef, or hospitality group looking to establish or expand in a high-demand market with immediate revenue potential.

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

Step into a high-performing, fully equipped turnkey restaurant for sale located in one of Rhode Island’s most desirable and high-traffic coastal markets. This established operation generates strong annual revenue with consistent cash flow, offering immediate income potential and meaningful upside for a hands-on operator or experienced restaurant group.

This restaurant for sale includes a highly sought-after beer and wine license, a significant advantage in this market where licenses are not issued by the city and must be acquired through private transfer when they become available.. Securing a license can often require long wait times, making this inclusion a valuable asset that allows a new owner to immediately maximize beverage sales and overall revenue potential.

From We Sell restaurants, the restaurant features a spacious, well-designed dining area with ample seating capacity, creating a comfortable and inviting environment suited for a variety of concepts. The layout supports both high-volume service and an elevated guest experience, while remaining flexible for rebranding or repositioning. The fully built-out commercial kitchen includes a hood and ventilation system, grease management, refrigeration, prep areas, warewashing, and ample storage, providing everything needed to operate immediately without the cost and delays of a new buildout.

Located in a prime, high-visibility area supported by strong residential density and steady tourism, this location benefits from consistent year-round demand along with peak seasonal traffic. Its proximity to popular destinations, lodging, and retail hubs enhances exposure and drives both repeat and new customer traffic.

Current operations focus on evening service during the week with expanded weekend hours, presenting clear opportunities for growth through lunch, brunch, catering, private events, and extended hours. A trained team is already in place, allowing for operational continuity and a smooth transition.

Occupancy costs are structured at a manageable level relative to the strength of the location and revenue potential. SBA financing may be available for qualified buyers, further increasing accessibility.

This is a rare opportunity to acquire a turnkey, cash-flowing restaurant in a premier coastal location, complete with licensing, infrastructure, and strong operating history. Ideal for an owner-operator, chef, or hospitality group looking to establish or expand in a high-demand market with immediate revenue potential.

By providing your phone number to We Sell Restaurants, you are agreeing 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 To Be Negotiated

Monthly Rent $6,500

Indoor Seating 95

Inside Sq. Ft. 2,317

Hood System Yes

Hours Monday , Tuesday, Thursday 5PM-9PM Friday 5PM-9:30PM Saturday -12PM-9:30PM Sunday -12PM-9PM

No. of Part-Time Employees 17

No. of Full-Time Employees 3

  • Prime Location Restaurant – Fully Equipped – License Included
  • Turnkey Dining Space – Bring Your Concept
  • Turnkey Restaurant Opportunity – High Traffic Coastal Market
  • Restaurant Opportunity – Proven Location – License in Place
  • Fully Built-Out Restaurant – Skip the Build-Out
  • Coastal Market Restaurant – Fully Equipped & Ready
  • Restaurant with Beer & Wine License – Ready to Operate
  • Move-In Ready Restaurant – High Demand Area
  • High Visibility Restaurant – Immediate Operating Potential

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