Famous Hot Dog Restaurant with Real Estate
Location: Rhode Island > Providence County > Providence
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $369,000
Gross Revenue: $300,000
Gross Revenue Comments: Should do much more
Cash Flow: $60,000
Inventory: $5,000 (Included in Asking Price)
FF&E: $50,000 (Included in Asking Price)
Real Estate: $265,000 (Included in Asking Price)
Seller Financing: to be negotiated
Business Summary
50 seat restaurant plus the real estate, which includes the restaurant and a hair salon tenant. Famous restaurant featuring wieners, burgers, french fries and coffee milk. Motivated seller will give someone a good deal. Restaurant needs updating and menu enhancement. Should add tacos and burritos.
About the Business
Year Established: 1927
Employees: 6 full time - 2 part time
Facilities: Restaurant is 1300-1400 sq ft. plus basement. Hair Salon pays $800/mo, soon to be increased. 1 story building
Market Outlook and Competition: Well known in the area
About the Sale
Management Training and Support: Seller will provide training
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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