Profitable Craft Cocktail Bar + Event Space in downtown Providence
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.
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
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.