Property profile

150 Thayer St Providence, RI 02912

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

150 Thayer St Providence, RI 02912
Providence metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

2 recent transactions · within 1.5 mi
Comparable in this city
2 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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