Successful Italian Restaurant in Rhode Island
This refined and iconic establishment has enjoyed decades of success. It is a timeless treasure in the culinary world. With a strong track record of success, exceptional profitability, and impeccable financial records, this business is well-qualified for SBA or conventional financing, making it a prime investment opportunity!
PARKING: Street parking, local city parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 3 years remaining with options available
BASE RENT: $21,183 per month NNN
CONCEPT: Italian Restaurant
SIZE: 4,500 square feet
SEATS: 180
HOURS: Open Daily
LICENSES: Full Liquor License
SALES: $3,321,777 per year
CASH FLOW: $475,187 per year
ASKING PRICE: $1,500,000 (For the Business)
Financials (USD)
Asking Price $1,500,000
Cash Flow $475,187
Sales $3,321,777
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? No
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