Turnkey Diner for Sale in Providence, RI with Full Equipment Package

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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

Turnkey operation with a full equipment package.
Established diner with strong sales and loyal customer base.
Prime location in a busy market with potential for concept change or expansion.

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

Features & Tags

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