For Sale
$199,000

149 Elmgrove Ave Providence, RI 02906

Turn-key deli/cafe, near Brown University.

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional opportunity to acquire a thriving deli/cafe business in Providence, Rhode Island. Located at 149 Elmgrove Avenue, this established business boasts a strong client base and is situated near Brown University and Wayland Square, ensuring high foot traffic and potential for continued success. The asking price is $199,000 and includes an assignable lease, not the real estate itself. The sale encompasses all existing equipment and furnishings, presenting a truly turnkey operation. This includes extensive commercial kitchen equipment in excellent condition, such as a grill and hood vent system, fry-o-later, deli meat slicer, waffle makers, bagel toasters, refrigerated display cases, prep stations, walk-in cooler and freezer, coffee bar, and ample stainless steel prep tables. Additional assets include all indoor and outdoor furniture, a POS system with associated computers and accessories for online ordering platforms (DoorDash, Uber Eats, Grubhub, etc.), a dishwasher, and various other essential equipment. The property sits on a 1,200 square foot lot and the building was constructed in 1926. This is a single-unit storefront business, ideal for an immediate start-up or expansion of an existing food service operation. This is a rare opportunity to acquire a profitable, established business with minimal start-up costs. The business is categorized as retail, storefront, commercial, restaurant, bar, and bakery.

Highlights

  • Thriving deli/cafe business for sale in Providence, RI, asking $199,000.
  • Located near Brown University and Wayland Square, ensuring high foot traffic.
  • Turnkey operation including all equipment, furnishings, and an assignable lease.
  • Features extensive commercial kitchen equipment and a POS system with online ordering capabilities.
  • 1,200 square foot lot, building constructed in 1926.

Property Details for 149 Elmgrove Ave

Property type
Retail properties, Bars
Year Built
1926
Buildings
1
Units
1

Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.8348763
Longitude
-71.3907953

FAQs

What type of property is this?
Retail property - Turn-key deli/cafe, near Brown University.
Where is the retail property located?
The property is located at 149 Elmgrove Ave Providence, RI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Thriving deli/cafe business for sale in Providence, RI, asking $199,000.; Located near Brown University and Wayland Square, ensuring high foot traffic.; Turnkey operation including all equipment, furnishings, and an assignable lease.
How can I contact the broker?
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149 Elmgrove Ave
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