Profitable Newport Restaurant Beer & Wine License Included - Business for Sale
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Full-Service Restaurant with Beer & Wine License in Newport, RI
Newport, RI, US
Added 6 days ago
Food & Beverage, Entertainment, Leisure, & Recreation, Retail Stores
32 years in business
This is a full-service restaurant in Newport, Rhode Island with a beer and wine license, established for 32 years and serving both local and tourist clientele.
Key Information
Asking
$490K
Revenue
$898K
Earnings
$200K
Multiple
2.5x
Key Highlights
- Beer and wine license included
- Restaurant size: approximately 2,317 sq ft with seating for around 95 guests
- Monthly occupancy costs: approximately $6,500
- Established for 32 years
- Approximately 20 employees during peak periods
- SBA financing may be available
Contact Info
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