Overview
- Updated On:
- June 12, 2024
Description
Established, well known, restaurant Full Liquor License and centrally located not far off Route 6. American casual food, with a simple but popular menu and a current manager in place. A focus on booking great live music every weekend, gets people in the door regularly.
1AM Closing License
Outdoor patio seating
Maximum occupancy as per fire marshal is 112.
Location: Johnston, RI
Real Estate: Leased. 2 years remaining on initial lease term, 2 x 5 year options.
Building SF:N/A
Owner performed renovations at the commencement of the lease 3 years ago.
Competition:
Business is in prime location; highly visible off a main street; with Off- street Lot parking right out front. Some outdoor seating, and focus on live music make this location primed for an owner to take this location to the next level.
Growth & Expansion:Opportunity to expand business with food delivery, extend day-time hours.
Reason for Selling:Owner wishes to retire overseas.
- Principal and Interest
- Property Tax
- HOA fee
