Elegant Restaurant & Wine Bar – Real Estate Available

Elegant Restaurant & Wine Bar with Full Liquor License included; the real estate is also available!  This very profitable business is only currently open for dinner 5 nights per week.  The renovated freestanding building is in immaculate condition. Sales and profits could be greatly increased by adding lunch service and opening 7 days a week. Sales for 2023 are projected to exceed $2.5 million! Buy the Business and Real Estate or the Business alone.  The is perfect for an Owner/Operator.

Location: Providence County
State: Rhode Island
County: Providence County
Parking: Plenty of parking in lot
Lease Terms: 2 years with five-year options
Base Rent: $6,000 plus NNN
Seating: Capacity of 206 plus 35 additional seats
Hours: Open for Dinner 5 nights per week
Size: 5,600 square feet
Concept: Bar & Restaurant
Asking Price: $1,600,000 (For the Business & Property) - $975,000 (Just the Business)
Cash Flow: $463,000 in 2022
Sales: $2,300,000 in 2022
Licenses: Full Liquor License
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