For Sale
$99,000

501 High St High StSouth Kingstown, RI 02879

Prime RI Restaurant, Turn-Key Operation

Overview

Added:
Dec 11, 2024
Days on market:
122
This exceptional opportunity presents a thriving, turn-key restaurant located at 501 High Street in South Kingstown, Rhode Island, zip code 02879. The property, built in 1900, sits on a substantial 12,196 square foot lot and includes one building with a single unit. Currently operating as a highly successful BBQ establishment, it boasts a strong local following and has been voted the best BBQ in Rhode Island. The business has experienced significant growth in recent years, with ample potential for further expansion. A robust catering business complements the restaurant's operations, maximizing profitability. The existing kitchen is well-equipped to handle both in-house and catering demands. The restaurant is fully staffed, and the current owners are prepared to assist with a smooth transition for the new owner. The asking price for this exceptional property is $99,000. Owner financing may be available. This is a rare chance to acquire a well-established, profitable business with a loyal customer base in a desirable location. The property is classified as Commercial, Bar, and Restaurant, and is categorized as Land and Retail. This is a truly unique opportunity for an ambitious entrepreneur seeking to own their own restaurant. The property's location in downtown South Kingstown provides excellent visibility and accessibility.

Highlights

  • Thriving, turn-key BBQ restaurant in South Kingstown, RI.
  • Located at 501 High Street, 02879, on a 12,196 sq ft lot.
  • Well-established, profitable business with a strong local following and significant growth potential.
  • Includes a fully equipped kitchen and existing staff; owner financing may be available.
  • Asking price: $99,000.

Property Details for 501 High St High St

Property type
Retail properties, Restaurants
Year Built
1900
Buildings
1
Units
1

Location Insight

City
South Kingstown
County
Washington
State
Rhode Island
Latitude
41.4502078
Longitude
-71.5006861
501 High St High St, South Kingstown, Rhode Island

FAQs

What type of property is this?
Retail property - Prime RI Restaurant, Turn-Key Operation
Where is the retail property located?
The property is located at 501 High St High St South Kingstown, RI.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Thriving, turn-key BBQ restaurant in South Kingstown, RI.; Located at 501 High Street, 02879, on a 12,196 sq ft lot.; Well-established, profitable business with a strong local following and significant growth potential.
How can I contact the broker?
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501 High St High St
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