Very Profitable Restaurant & Wine Bar – Real Estate Available

Very Profitable Restaurant & Wine Bar – Real Estate Available
Price Reduced

Very profitable Restaurant & Wine bar with Real Estate Available.   This concept is a Cash Cow and setup for expansion.  The business has a long history of success and excellent books & records.  This opportunity qualifies for both SBA and conventional lending.  Email for details.

Property Details

Listing Price
$4,300,000
Listing Price (Additional Notes)
For the Two Business Locations & Real Estate for Location 1
Type
Full Service
Concept
Casual Upscale Italian
Sales
$4,593,000
Cash Flow
$945,629
Location
Rhode Island
State
Rhode Island
County
Providence County
Square Footage
9,000
Square Footage (Additional Notes)
(Location 1: 9,000 sq.ft., Location 2: 3,500 sq.ft)
Seating
315
Seating (Additional Notes)
Location 1: 260 inside, 55 outside; Location 2: 165 inside, 75 outside
Parking
Ample parking in both locations
Base Rent
$11,600
Base Rent (Additional Notes)
Plus NNN (Location 2)
Lease Terms
5 years plus five-year option (Location 2)
Includes Real Estate
Yes
Liquor License
No
Licenses
Location 1: Liquor License; Location 2: Liquor & Entertainment Licenses
Hours
Both locations open daily

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