Westerly Shore Dinner Hall

Business Opportunity for Sale
Also listed as Hospitality
Catylist Listing ID: 30565824
Property Subtypes: Food and Beverage
Building Size (RSF): 3,500 SF
Sale Price: $199,000
Name of Establishment: Westerly (Rocky Point) Shore Dinner Hall
Business Website Address: http://www.theshoredinnerhall.com/
Year Business Established: 2016
Gross Revenue: $900,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to Seller
Last Updated: 7/1/2020

Overview / Comments

Fantastic Business Opportunity ! This Place Rocks !! Seasonal Business April - Oct, new owner can adjust. PRIME LOCATION, 1/4 mi south of Dunnes Corner on Rt 1. Offering variety of seafood, raw bar, ice cream, Seats 50 inside, over 200 outside in a fun Rocky Point Amusement Park theme. Featuring Live Music, Cruise Nites and other fun events. Next to Ocean State Liquors ~ easy BYOB.

Long term lease at competitive rate, 1st year reduced to $3,000 mo !
Turn-key ~ all Furniture, Fixtures, & Equipment in place along with recipes and vendors. This is a goldmine with sales as high as $1.6 mil., and room for more !

Strong Social Media program in Place Facebook with over 8000 followers:
https://www.facebook.com/clamcakes/
Website: http://www.theshoredinnerhall.com/index.html

DO IT NOW ! time before season 2020 opens!

Additional Details

Nearest MSA: Providence-Warwick
County: Washington
Industry Segment: Other Food and Beverage
Reason for Selling: Other business interests
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $250,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: NNN lease, at $4500 mo with escalators.
Mgmt/Training Support Description: Owners have dialed in a great menu; will provide along with recipes, vendors, and will help train.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,226 19,966 34,618
Median Age: 46.94 44.67 43.71
Households: 1,784 8,547 14,593

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