Pizzeria & Lounge for Sale in Providence County, Rhode Island
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
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