Turnkey Independent Breakfast Restaurant for Sale in High-Growth Providence Location
Financial Details
- Asking Price:
- $139,900
- Annual Revenue:
- $651,000
- Profit Metric:
- SDE
- Location:
- Providence, RI, US
- Source:
- Date:
- October 23, 2025
Key Highlights
Description
This is an established, independent Breakfast Restaurant located in a high-traffic, rapidly developing area of Providence, RI. The business boasts solid annual gross revenues exceeding $651,000 and operates out of a 1,583 sq ft leased space with rent of $3,811/month, expiring in 2027. The sale includes extensive, modern kitchen equipment and front-of-house assets, allowing for immediate, seamless transition. With 10 current employees, the owner can focus on growth opportunities, such as expanding hours or utilizing the transferable liquor license exemption. Significant upside potential exists due to major residential developments (46 and 72 units) breaking ground nearby, promising a surge in local customer traffic. The tenant also holds a first right to purchase the property.
Industry Information
- Industry Description:
- This listing is for an independent Breakfast Restaurant operating in the Restaurants & Food industry.
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2022
- Employees:
- 10
- Reason for Selling:
- Health
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $3,811 USD
- Lease Expiration:
- 2027
Assets & Inventory
- Includes FF&E:
- Yes
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Damian Santoro
- Company:
- We Sell Restaurants
- Phone:
- 855-494-0934
Listing Details
- Listing ID:
- 24117eed-76a7-4c9d-b1ae-748ac2836bf5
- Source Listing ID:
- 2431985
- Deal Status:
- For Sale
- Last Updated:
- October 23, 2025
- Currency:
- USD