Profitable Restaurant & Wine Bar - Property Available For Sale - Business for Sale
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Restaurant and Wine Bar with Real Estate in Rhode Island
RI, US
Added 3 days ago
Food & Beverage, Retail Stores, Entertainment, Leisure, & Recreation
5 years in business
Restaurant and wine bar with two locations in Rhode Island, offering Italian cuisine and including real estate for one location.
Key Information
Asking
$4.8M
Revenue
$4.6M
Earnings
$946K
Multiple
5.1x
Key Highlights
- Two business locations in Rhode Island
- Location 1: 9,000 sq.ft., 260 inside seats, 55 outside seats
- Location 2: 3,500 sq.ft., 165 inside seats, 75 outside seats
- Liquor license at Location 1; liquor and entertainment licenses at Location 2
- Lease term for Location 2: 5 years plus five-year option, base rent $11,600/month plus NNN
- Business established 5 years ago
- Qualifies for SBA and conventional lending
Contact Info
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