Pizzeria & Lounge for Sale in Providence County, Rhode Island

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Financial Details

Asking Price:
$525,000
Annual Revenue:
$1,181,180
Cash Flow / SDE:
$210,560
Profit Metric:
Cash Flow
Valuation Multiple:
2.5x
Location:
RI, US
Sources:
Date:
September 17, 2025

Key Highlights

Two well-established and well-known locations with strong reputations.
Offers authentic New York-style pizza and a full scratch menu.
One location features a full liquor license, live entertainment, and weekly events.

Description

This listing presents a unique opportunity to acquire two established and reputable Pizzeria & Lounge businesses in Providence County, Rhode Island. With an asking price of $525,000, these businesses generated $1,181,180 in gross revenue and $210,560 in cash flow. Established in 2002, the businesses employ a total of 11 staff members (5 full-time, 6 part-time). One location is situated in a popular foodie neighborhood and includes a full liquor license, live entertainment, and weekly events, offering a vibrant lounge experience. The second location is a long-standing neighborhood staple, operating six days a week with convenient customer parking. Both establishments are celebrated for their authentic New York-style pizza and a comprehensive made-from-scratch menu, using high-quality ingredients rooted in family tradition. Furniture, Fixtures, and Equipment (FFE) are valued at $100,000 and inventory at $20,000, neither of which are included in the asking price. The owner is willing to provide financing and training, citing semi-retirement as the reason for selling. This is a prime opportunity for an entrepreneur looking to take over and expand a proven, successful business with a loyal customer base.

Industry Information

Industry Description:
Pizzeria & Lounge
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
2002
Employees:
11
Reason for Selling:
Semi-retirement

Real Estate & Lease

Status:
Not Included

Assets & Inventory

FF&E Value:
$100,000 USD
Includes FF&E:
No
Inventory Value:
$20,000 USD
Includes Inventory:
No

Broker Contact

Name:
David Cohen
Company:
Vested Business Brokers
Phone:
508-863-9768

Listing Details

Listing ID:
f7da5cef-8260-4d13-8abb-45e6b9b3c98a
Source Listing ID:
37164
Deal Status:
For Sale
Last Updated:
September 17, 2025
Currency:
USD

Features & Tags

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