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Business for Sale Summary [Non-Confidential]

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Providence County, RI

Business Type: special situations,best deals!,distressed sales!,must sell/drastic price reduction!,retailing businesses,bar/tavern/night clubs,entertainment,other eating & drinking places,restaurant/ cafes

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $115,000.00

  • Gross Revenues

    $62,187.00

  • Financing

    $ 0.00 Down

  • Owner's Cash Flow

    $-25,770.00

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Business Description

RECENTLY REDUCED!!!!! LOCATION, LOCATION, LOCATION: over 45K cars a day. Great surrounding neighborhood to support business. Great repeat business, with a very positive word of mouth clientele base. Current owners have no time to operate (Currently only open three nights a week - ONLY 20 hrs!!!!!). Great opportunity for someone to expand hours. The bar / nightclub, has a tremendous layout, for dancing on one side, and a game room on the other. There is a circular bar, that is the center piece, and a kitchen with access to both sides of the establishment. New Kitchen equip and Electrical. New Ladies Bathroom. Lots of Brand new Equipment all over (Coolers, lights...). Adding Lottery would be an immediate plus. Anyone who is willing to open longer, and do a little advertising, can turn this into a true cash cow. There is no competition in the immediate surrounding area. TAKE A LOOK, AND SEE THE POSSIBILITY!!!! RECENTLY REDUCED!!!!!!!!

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