Quit Your Job, Buy A Business: 9 Newport Businesses That Can Be Yours

Looking to change things up career wise or invest your hard earned money into something in Newport, RI? Well you’re in luck, here’s a look at 9 businesses in or very near The City By The Sea that can be yours.

Businesses For Sale In Newport, RI

As of November 8, 2015

The information included has been gathered from the real estate company or website that is stated with each listing. What’sUpNewp has no stake in the sale of any of these businesses, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

1 – Thames Street Burger Boys – $49,000

image 1

- Advertisement -

Thames Street Burger Boys, formerly Juicy Cheesy Burger, located at 404 Thames Street is currently listed by William Raveis at $49,999.

Property Description: Opportunity to own a business in Downtown Newport. Thousands of people walk by this location every day. Excellent opportunity for an entrepreneur to make something special.

See The Full Listing

2 – Willy’s Burger Bar (Formerly Asterisk) – $1,200,000

Willy's Burger Bar

The restaurant was put on the market on November 6th at $1.2 million and is being represented and marketed by The Fitzpatrick Team at RE/MAX Professionals of Newport.

Property Description: The purchase price includes the 100 seat restaurant, full liquor license, 2,456 square foot commercial building and a vacant buildable lot.

More Info

3 – The Almondy Inn – $1,679,000

The Almondy Inn, located at 25 Pelham Street, recently hit the market for $1,679,000.

Property Details: “The Almondy Inn” Absolute perfection. Completely renovated 5-Room B&B with parking in the heart of downtown Newport is offered turnkey. Water views from most rooms. Fabulous 2-bedroom owner’s apartment with private deck overlooking city and harbor.

See The Full Listing

4 – Bucci Liquors – $700,000

Bucci Liquors, located at 3 Thames Street, is currently listed with Kirby Commercial for sale at $700,000.

Property Description: Very rare and exciting opportunity to purchase well known downtown building and long standing liquor store together. Full basement with 7 foot ceilings for inventory storage. Ideal location with parking, a rarity in its downtown location. Inventory not included in sale price. Property is recognized by zoning as retail in use. This business is surrounded by historic colonial homes. Ideal location to benefit from strong nearby year round clientele and to service the summer visitors and boating crowds. Business has been in the same family for a long time. Owner is looking to retire. Price includes Real Estate, fixtures and Retail Liquor License. Liquor Inventory to be negotiated.

See The Full Listing

5 – The Lil’ Clam – $60,000

The Lil’ Clam (formerly El Perrito), located at 190 Thames Street, is currently listed with Kirby Commercial for sale at $60,000 (REDUCED).

Property Description: The Lil’ Clam is a fantastic opportunity awaits the restaurant entrepreneur, front & center, downtown Newport! Standard restaurant with full kitchen, hood, equipment is now available for sale in the heart of heavy foot traffic on upper Thames St., steps from Starbucks, Brooks Brothers and Brick Marketplace. Don’t miss out – turn key.

See The Full Listing

6 – Provencal – $55,000

Provencal’s Newport location at 469 Thames Street is on the market with RE/MAX Newport for $55,000.

Property Description: GREAT START UP BUSINESS. OWNER WILL HOLD MORTGAGE TO QUALIFIED BUYER, TURN-KEY SALE, OWNER WILL ASSIST NEW BUYER WITH NEW BUSINESS., GREAT OUTSIDE SEATING.

See The Full Listing

7 – Serenity Day Spa – $40,000

Serenity Day Spa, located at 42 Valley Road in Middletown, is currently listed with Kirby Commercial for sale at $40,000.

Property Description: A lovely day spa in a truly Serene environment in the heart of Middletown. This business is ready for your entrepreneurial spirit. A great opportunity to be your own boss and run this newly established viable business. All the work is done for you to step in and take over this well appointed spa.

See The Full Listing

8 – Wellington Liquors

Wellington Liquors in Newport, RI is currently listed for sale on BizBuySell for $290,000.

Property Description: Very close to the ocean, – the location is fantastic — location , location, location! Bridal Beverage catering and Beverage services provided to Newport and it’s neighboring island communities since 1986. REDUCED PRICE! Asking $290K for license, plus actual value for current inventory. Please call me if you are serious, my cell is 401-536-3774 or complete the contact form and I will get in touch with you. Thanks. Financial statements available after buyer signs confidentiality agreement and supplies financial capability. CASH ONLY OFFERS, NO SELLER FINANCING

See The Full Listing

9 – Bellevue Florist

Bellevue Florist, located at 703 Thames Street is by Faraone Realty for sale at $130,000.

Property Description:
Well established (50+yr) Floral Business in downtown Newport, RI. Strong loyal customer base. Business services and arranges for functions & private / corporate events. Lots of potential for expansion into online marketing and advertising!!! $$$

See The Full Listing

Have a thought on this? Comment below...