Established And Profitable Family Owned Restaurant In Providence For Sale

Business description

Successful family restaurant established in 2002. This popular restaurant has a faithful following, specifically those that like a robust variety of high quality specialty sandwiches and wings (with a variety of hot sauces). Income potential is created from multiple sources, e.g., dine in, take out, delivery, and special events. There is a strong established take out business. Repeat business is high due to a customer loyalty. This business will be sold as a complete turnkey operation. Off street parking is available. Owner will provide client list. Major credit cards are accepted.

Property information

Real Estate:

Lease

Premises details:

Leased / 1600 sq ft in a small strip plaza, Busy traveled street/location, Located in a residential and commercial community, plenty of on-site parking, Potential for expansion exist, Office space

Size in square feet:

1,600

Business Operation

Expansion potential:

Potential exist to increase income via opening for breakfast, as well as expand business via special events, catering, adding beer and wine, lottery/Kino. More local advertising is needed.

Competition / Market:

There is limited “direct” competition. Reputation for high quality and good environment draws high repeat business and loyal customers

Reasons for selling:

Change of family circumstances/other job ventures. Owner is motivated to sell & train/assist new owner. Seller financing avail (with terms)

Trading hours:

Sun 11am-10pm, M 4-10pm, T/W/Thurs 11am to 10pm, F/Sat 11am-11pm

Employees:

3

Years established:

9

Other information

Support & training:

2 Weeks / $0 Cost

Furniture / Fixtures value:

$22,000 (included in the asking price)

Inventory / Stock value:

$458 (included in the asking price)