Food & BeverageVerified Seller
Profitable Burrito Restaurant in Providence, RI - $110K - $167K Annual Sales
Providence, Rhode Island
Asking Price$110,000
Annual Revenue$167,000
EBITDA / Cash FlowUpon Request
Executive Overview
Seize the opportunity to own a fully equipped quick-service restaurant in a bustling area of Providence, RI. This versatile space is currently thriving under a burrito and bowl concept, generating $167,000 in annual sales with just 15 hours of operation per week. Offered at an attractive $110,000, it's a turnkey venture with room for growth.
Key Investment Highlights
- •Prime location in a high-traffic area of Providence
- •Fully equipped with high-quality kitchen appliances
- •Operational flexibility to continue current concept or introduce new ideas
- •Opportunity for expansion with longer hours and additional services
- •No franchise restrictions, allowing complete creative control
This quick-service restaurant is strategically positioned in a vibrant neighborhood, surrounded by city foot traffic and residential apartments. Operating currently from 11:00 AM to 2:00 PM, Monday through Friday, the limited hours present a substantial opportunity for a new owner to extend service times and capture a broader customer base.
The establishment is fully outfitted with top-tier equipment, including an Anvil 18" electric flat top, Blodgett single-deck pizza oven, Vulcan double convection oven, Hobart L800 dough mixer, and more. The setup also includes a comprehensive POS system, ensuring seamless operations from day one.