Selling your business? Learn how to increase your value before you exit by attending Contrarian Thinking’s workshop. Get $250 off with code .Claim Offer
Turnkey Restaurant Acquisition in Block Island

Block Island, RI

Restaurants & Food

Turnkey Restaurant Acquisition in Block Island

Asking price

$550,000

Cash flow (TTM)

Private

Released after NDA

Revenue (TTM)

Private

Released after NDA

Inventory

Private

Released after NDA

EBITDA (TTM)

Private

Released after NDA

ScoutSights · Computed insights

The narrative

A look inside Turnkey Restaurant Acquisition in Block Island.

This opportunity involves the purchase of three fully equipped restaurant concepts at 212 Water Street, a renovated three-story building spanning approximately 12,000 sq. ft. located next to the Block Island ferry landing. The sale does not include the real estate; instead, the buyer acquires the operating assets and signs a lease with the property owner. The restaurants include OneBI Steak & Oyster House, a 162-seat upscale dining venue, Block Island Clam Cake Co., a fast-casual eatery, and an Italian Prepared Foods & Deli. The asset sale price is $550,000, encompassing nearly all furniture, fixtures, equipment, and operational assets, excluding certain trade fixtures. The lease term is 5 years with an option for an additional 5 years, and the base rent is set at $10,000 plus NNN.

The fine print

Detailed information.

IndustryRestaurants & Food
Real estateLeased
LocationBlock Island, RI
Monthly rent$10,000/mo
Contact number
Email

BizScout Score

How this listing scores against everything else on BizScout.

An at-a-glance read on listing quality. Higher means the deal is well-priced, the financials look healthy, and the data is well-documented. A low score often means the seller hasn’t shared enough data yet, not that the deal is bad.

BizScout Score
0 · Poor50 · Fair75 · Good100 · Excellent

Why this score?

Historical comps

How this asking price compares.

Compare this listing against same-industry asking prices in the BizScout listings database — peer percentiles, sector asking-price multiples, and the 18-month asking-price trend.

Recent comparable sales

Industry context

The industry this business sits in.

Size, momentum, structure, and where the risk concentrates.

Location & catchment

Block Island, RI

Reference data sourced from Census ACS, Census County Business Patterns, and NOAA Climate Normals. Exact address shared after NDA.

Why this deal stands out

The case for this acquisition.

Scannable cards on owner involvement, asset transfer, revenue quality, and other deal-shaping signals pulled from this listing.

Take the first step

One form away from connecting with the seller.

Your details go straight to the seller’s representative, and the conversation stays organized in one place on BizScout.

Free BizScout account — takes a minute

Radar

More like this, every morning.

Radar scans thousands of listings across the web every day and emails you the ones that fit what you’re looking for.

Interested in this business?

Sign up free to get complete financial details, seller information, and contact the owner directly through BizScout.

View on BizScout

Asking price

$550,000

View on BizScout