| Asking Price |
$230,000 | Inventory |
$5,000** |
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2005 |
| FF&E |
$60,000* | Employees | 4 |
* included in the asking price
** not included in the asking price
Bar in downtown Providence with very desirable location in a high profile neighborhood with a dense population of local residents, office workers and shoppers. Beautiful build-out. The Bar has a 2:00 AM Liquor license and Entertainment license for live music. The bar does have a kitchen and does serve a limited menu. This is a highly visible and accessible site with tremendous growth potential. Currently an absentee owner who has no previous experience in the business. No expense was spared in the leasehold improvements. This business could be grown quickly by opening for more hours. The right operator can really capitalize here. This is a must see opportunity! LICENSES: Full Liquor, Common Victualler RENT: Approximately $39,600 annually. LEASE: The current lease has three (3) years remaining with one five (5) year renewal option; however the landlord is very easy to deal with. ASKING PRICE: $230,000. For More information please contact Corbett Restaurant Group 617-948-3394 www.CorbettRestaurantGroup.com
Facilities: Beautiful Build-out. The Bar space is approximately 1,200 square feet with a 55 person seating capacity. The space consists of a open bar/dinning room, small kitchen, small performance stage, office and bathrooms.
Growth/Expansion: Currently an absentee owner, this business could be grown quickly by opening for more hours. The right operator can really capitalize here. This is a must see opportunity!
Financing: To be negotiated
Support/Training: To be negotiated
Reason Selling: Absentee Owner

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