Profitable Craft Cocktail Bar + Event Space in downtown Providence

Asking Price$189,000

Cash Flow
$70,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$500,000

Inventory$10,000
Included in asking price
FF&E$30,000
Included in asking price
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Profitable Craft Cocktail Bar + Event Space in downtown Providence


Asking Price$189,000

Cash Flow
$70,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$500,000

Inventory$10,000
Included in asking price
FF&E$30,000
Included in asking price
Business Description
Rare opportunity to acquire a turnkey craft cocktail bar and thriving private event venue in a high-traffic, fast-growing area of downtown Providence, Rhode Island.

This dual-concept business includes:

A popular, design-forward cocktail bar with a loyal local following and consistent press coverage

An adjacent, highly sought-after indoor/outdoor event space with full bar infrastructure.

Streamlined operations, strong team in place, and scalable systems

Multiple revenue streams: walk-in bar sales and private events including graduation, birthday, corporate, and holiday parties.

Located in a dense, walkable neighborhood near universities, hotels, and entertainment destinations, this business benefits from year-round foot traffic and repeat clientele.

Growth Potential:
Current ownership limits private event bookings to maintain brand exclusivity, but a new owner could expand hours, increase bookings, or pursue franchise/second-location potential.

Support & Training:
Owner willing to provide transition support and training to ensure a smooth handoff.

Reason for Selling:
Owner pursuing other ventures.

Facilities:
Beautifully designed leased spaces with transferable terms. Full liquor license and equipment included.
About the Business
Years in Operation
6
Employees
9
Facilities & Assets
All fixtures, furniture equipment, smallwares, glassware, disposables. Everything you need to run the business successfully.
Opportunities for Growth
Current ownership limits private event bookings to maintain brand exclusivity, but a new owner could expand hours, increase private bookings, or pursue franchise/second-location potential.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,033
Rent
$3,012.00 per month
About the Sale
Seller Motivation
Owner pursuing other ventures
Transition Support
Owner willing to provide transition support and training to ensure a smooth handoff.
Listing Info
ID
2379803
Listing Views
456

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Business Listed by: nonyaemura nonyaemura

Listing ID: 2379803 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. See our full Terms of Use. Learn how to avoid scams.


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