Restaurant/Saloon for Sale

Business Opportunity for Sale
Restaurant/Saloon for Sale
Catylist Listing ID: 30766168
Property Subtypes: Food and Beverage
Building Size (RSF): 3,520 SF
Sale Price: $225,000
In Opportunity Zone? Yes
Name of Establishment: The Swank Saloon & Eatery
Year Business Established: 2020
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Owner flexible with structure of transaction terms
Last Updated: 10/6/2021

Overview / Comments

The Swank Saloon & Eatery is located at 108 N. Main Street in the Capitol City of Providence, RI at the perimeter of Downtown, adjacent to the affluent East Side of Providence, home of Brown University and RISD. The space was fully renovated 18 months ago with new quality finishes, kitchen, prep area with walk in, baths and lengthy bar, along with new fixtures for entertainment including multiple TV monitors and sound systems. The space also includes 1,500 sf of basement storage with additional walk in and draft beer lines.
This turn key business opportunity is in an outstanding location and ready for a new owner operator.
Occupancy for 195 patrons, all licenses, equipment and fixtures included.

Attachments & Media

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Industry Segment: Bars and Taverns
Reason for Selling: Owner retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Long term competitive space lease, 3,520 square feet at retail street grade and 1,500 sf of basement storage.
Competition/Market Description: Beautiful turn key space in phenomenal urban location
Seller Financing Description: Possible financing considered

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 36,743 252,141 457,979
Median Age: 29.23 32.93 36.25
Households: 13,823 93,435 177,869
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither East Coast Commercial Property Network nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.