Turnkey Diner for Sale in Providence, RI with Full Equipment Package
Financial Details
- Asking Price:
- $125,000
- Annual Revenue:
- $244,946
- Cash Flow / SDE:
- $244
- Profit Metric:
- Seller's Discretionary Earnings
- Valuation Multiple:
- 512.3x
- Location:
- Providence, RI, US
- Source:
- Date:
- October 03, 2025
Key Highlights
Description
This listing presents a turnkey diner for sale in Providence, Rhode Island, offering a prime opportunity for entrepreneurs to acquire a fully operational restaurant with a strong sales history and a dedicated customer base. Situated in a high-traffic area with affordable rent, the business is well-positioned for continued success and future growth. The diner currently specializes in breakfast and lunch, boasting a loyal following for its quality service and menu favorites. The interior provides comfortable seating and a welcoming atmosphere, with potential to expand operating hours to capture evening clientele.
The sale includes a comprehensive equipment package, ensuring a smooth transition for the new owner. The kitchen is equipped with major appliances such as a Cook Rite convection oven, Kratos flat top grills, a Kratos stove/oven, fryers, a charbroiler, stainless steel prep tables, refrigeration, freezers, and a Vevor mixer. Compliance and efficiency are further supported by two hood and Ansul fire suppression systems, a grease trap, microwaves, and an assortment of smallwares. The front-of-house features TVs, a Clover POS system, and ample seating accessories.
Located in a vibrant community market, the adaptable layout allows for the continuation of the current concept or a complete rebrand. With its proven track record, reliable equipment, and solid foundation, this diner represents an excellent chance to start operating immediately. The seller is motivated by retirement and offers two weeks of transition support.
Industry Information
- Industry Description:
- Diner
- Classification:
- Restaurants & Food
Operational Snapshot
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $1,500 USD
Assets & Inventory
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Damian Santoro
- Company:
- We Sell Restaurants
Listing Details
- Listing ID:
- d598f068-72aa-403a-b5d0-57f981b863bd
- Source Listing ID:
- 2419529
- Deal Status:
- For Sale
- Last Updated:
- October 03, 2025
- Currency:
- USD