Restaurant
Thriving Newport Restaurant with Beer & Wine License
Newport, Rhode Island
$490,000
Asking Price
$200,203
Cash Flow
$897,816
Gross Revenue
N/A
Inventory
N/A
EBITDA
ScoutSights powered by real SMB data
3.2x
Sales multiple
24%
Profit margin
$48K
Debt service per year
31%
Cash-on-cash return
This established, full-service Newport restaurant in Rhode Island generates around $900,000 in annual sales, providing immediate revenue opportunities with a beer and wine license already in place. With seating for 95 guests across 2,317 sq. ft., the turnkey business offers proven performance and significant upside in a high-performing hospitality market.
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