Karaoke Bar & Grill

Business Opportunity for Sale
Catylist Listing ID: 30713525
Property Subtypes: Entertainment and Leisure
Building Size (RSF): 3,379 SF
Sale Price: $150,000
Name of Establishment: Pawtucket Patriot Bar & Grill
Year Business Established: 1995
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to seller. Must be able to provide proof of funds prior to receiving any information or scheduling a showing.
Last Updated: 7/26/2021

Overview / Comments

ATTENTION: PRICE IS FOR BUSINESS ONLY. REAL ESTATE CAN BE PURCHASED OR LEASED.
Great opportunity to own/operate a successful bar with years of history. Pawtucket Patriot Bar & Grill is the biggest Karaoke venue to be found. Drawing crowds 7 nights a week from all over RI and Northeast. The venue has invested in some of the most state of the art Karaoke equipment and technology providing the best singing opportunities available. Full kitchen w/Hood and Ansul system allows for providing food service along with entertainment.
There are 3 pool tables available to patrons at all times. Full ADT Security system in place along with existing camera system. Fully sprinklered. Long list of equipment included with the business including all kitchen equipment, Clover POS system, walk-ins, 20 TV's and much much more. Capacity is 180.
The business can be purchased for $150,000. Owner will consider a lease of the building for $2500 per month NNN. Building available for purchase for $350,000.

NOTE** DO NOT SPEAK TO SELLER OR THEIR EMPLOYEES ABOUT THE SALE OF THIS BUSINESS/PROPERTY. ALL INQUIRIES MUST BE SUBMITTED DIRECTLY TO AGENT. ALL SHOWINGS WILL BE PRIVATE AND CONFIDENTIAL.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Industry Segment: Other Entertainment and Leisure
Reason for Selling: Owner retiring
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $85,000
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 32,151 156,097 356,918
Median Age: 37.03 37.2 35.18
Households: 13,086 63,375 136,185

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