Profitable Newport Italian Restaurant for Sale! 200K Owner Benefit - Business for Sale
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Italian Restaurant in Newport, Rhode Island
Newport, RI, US
Added 7 months ago
Food & Beverage, Retail Stores, Entertainment, Leisure, & Recreation
32 years in business
Full-service Italian restaurant located in Newport, Rhode Island, serving both local residents and tourists.
Key Information
Asking
$490K
Revenue
$898K
Earnings
$200K
Multiple
2.5x
Key Highlights
- Restaurant occupies 2,317 square feet
- Approximately 95 indoor seats
- Business established for 32 years
- Qualifies for SBA lending with approximately 15% down
Contact Info
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