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 some businesses in or very near The City By The Sea that can be yours.
Businesses For Sale In Newport, RI
As of June 21, 2016
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 – Willy’s Burger Bar & Rotisserie
The restaurant was put on the market on November 6th, 2015 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.
2 – Bucci Liquors
Bucci Liquors, located at 3 Thames Street, is currently listed with Kirby Commercial for sale at $700,000.
Property Description: Back On The Market ! 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. 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. Existing liquor inventory can be negotiated as a separate sale.
3 – Despina’s Cafe
Despina’s Cafe on Bellevue Avenue is currently listed for $129,000.
Property Description: Restaurant business for sale in Newport’s only downtown grocery-anchored plaza.
Amazing location immediately adjacent to Stop & Shop Supermarket doors. Year round foot traffic. Sale of business is offered in conjunction with plaza real estate lease.
4 – Clothing Store
There is an unnamed Clothing Store for sale in Newport, RI for sale on BizBuySell for $278,000.
Property Description: We are offering an established high end retail clothing business with a proven track record. Located in a prime location in Newport with a great customer base, both locals and tourists. Fashionable product lines, customer service and a unique store make for a fun shopping experience that is unforgettable. This is a turnkey operation with exclusive territory for main product lines and a fully developed social media presence. You will be taking over a profitable business with an average 10% growth rate for the past few years that will deliver you just over a six figure salary immediately.
5- Turn-Key Restaurant
There is an unnamed restaurant for sale in Newport, RI for $350,000.
Property Description: Full Service-Turn Key Restaurant that offers a great location, lease in place, and ready for the season.
6 – Gelato and Frozen Dessert Store
There is an unnamed Gelato and Frozen Dessert Store in Newport, RI for sale on BizBuySell for $65,000.
Property Description: For Sale– Newport, RI Retail Ice Cream Store! Winner of “Best of New England Dessert Showcase 2014” This Award winning brand of batch made, all natural, artesian Gelato, is featured in finer restaurants, gourmet shops, grocery stores, hotels throughout MA, RI, CT and NY. The company is selling its retail location, founded in 2006.The store is located in the heart of Newport’s charming business district where is has a cult following by locals as well as tourists. This business has a proven business model, branded product, a broad customer base and is poised for growth with a new buyer and energy.
7 – Gas, Store, Car Wash with Property
A “recently updated gas station” in Newport County is currently listed for $99,000.
Property Description: Recently updated Gas station, Convenience-store and car wash available with property through the owner. Property Price $550,000. Property is 1 acre. Run absentee, this station is a steal, total price with property is less than the value of the real estate and equipment. Currently operating and run absentee, owner says sell. He lives out of state and knows this needs a hands on or local owner to bring the revenue back to its prior levels. There is also a one bay garage with lift currently rented to a detailing service for $1,000 per month. Call to learn more about this incredible opportunity. Please contact us for further information.
8 – HOPE
The space that was most recently occupied by HOPE is currently for sale for $1,250,000.
Property Description: Opportunity awaits with Full liquor license included! Invest in Newport & be ready for the summer crowds!