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Upscale Dining Venue in Prime Rhode Island Location

RI

Restaurants & Food

Upscale Dining Venue in Prime Rhode Island Location

Asking price

$497,000

Cash flow (TTM)

$165K

Reported by seller

Revenue (TTM)

$2M

Reported by seller

Inventory

Private

Released after NDA

EBITDA (TTM)

Private

Released after NDA

ScoutSights · Computed insights

The narrative

A look inside Upscale Dining Venue in Prime Rhode Island Location.

This is a unique chance to take over a well-established restaurant and bar situated in a sought-after area of Rhode Island. The business is fully operational and boasts a welcoming dining area, a complete bar, and a fantastic indoor/outdoor arrangement featuring a covered porch, large patio, outdoor bar, and a dedicated outdoor kitchen equipped with a pizza oven. With a professionally designed layout, ample private parking, and a prime spot in a bustling dining and retail hub, this establishment presents a great opportunity for seasoned operators or restaurant groups. The substantial investment in the premises allows new owners to step into a functioning restaurant without the hassle of starting from scratch. Key Features: PARKING: 37 spaces; EQUIPMENT: Well-maintained, high-quality equipment; LEASE TERM: 3.5 years remaining with two additional 5-year options; BASE RENT: $5,985; CONCEPT: Upscale Casual Dining; SEATING: 68 inside; 70 outside; SIZE: 2,474 sq. ft. (1st Floor), 1,655 sq. ft. (Patio), 1,100 sq. ft. (Basement); HOURS: 3-9pm (Sun-Mon), 11:30am-9pm (Tues & Thurs); LICENSES: Liquor and Entertainment.

The fine print

Detailed information.

IndustryRestaurants & Food
Real estateLeased
Monthly rent$5,985/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.

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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

Location not disclosed

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.

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Asking price

$497,000

View on BizScout