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    150 Thayer St Providence, RI 02912

    Sponsored
    For Sale
    $69,900

    Turnkey Food Truck, Ready to Operate

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents the acquisition of a fully operational food truck business, currently operating as "Alex Halal Spot," located at 150 Thayer Street in Providence, Rhode Island, zip code 02912. The sale includes all assets of the established business, eliminating the need for extensive start-up costs. The mobile kitchen is equipped with a dual fryer, grill, flat-top stove, and a newer commercial-grade hood, ensuring efficient and versatile food preparation. Ample storage is provided by a spacious refrigerator for beverages and a freezer for ingredients. A dedicated dishwashing area maintains hygiene standards. The food truck is ideally suited for various locations, including festivals, street markets, and private events. This is a turnkey operation, ready to generate immediate revenue. The asking price for this established business is $69,900. The property itself is land, with no buildings or units, and a lot size of 0 square feet. This reflects the sale of the business and its mobile assets, not the land itself. This is a rare chance to own a profitable, established food truck business in a vibrant Rhode Island location. The business is ready to hit the road and start generating income immediately.

    Property Features for 150 Thayer St

    General Information

    Property type
    Restaurants

    HighLights

    • Turnkey food truck business, "Alex Halal Spot," for sale at $69,900.
    • Fully equipped mobile kitchen with dual fryer, grill, flat‑top stove, and commercial hood.
    • Includes all business assets, eliminating start‑up costs.
    • Located at 150 Thayer Street, Providence, RI 02912.
    • Ideal for festivals, markets, and private events.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4008474
    Latitude
    41.8252879

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Food Truck, Ready to Operate
    Where is this restaurant located?
    The property is located at 150 Thayer St Providence, RI.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: Turnkey food truck business, "Alex Halal Spot," for sale at $69,900.; Fully equipped mobile kitchen with dual fryer, grill, flat-top stove, and commercial hood.; Includes all business assets, eliminating start-up costs.
    Request Owner's contact information
    150 Thayer St Providence, RI 02912
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    Providence, RI 02912
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 Thayer St Providence, RI 02912
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