Priced to Sell Fully Equipped Cafe For Sale In Rhode Is Johnston, RI 02919
This 2,250 square foot cafe in Johnston, Rhode Island, is a turnkey operation ready for a new owner. Built in 2019, the space boasts seating for 45 guests and comes fully equipped with all necessary kitchen appliances and equipment, including two fryers, a twelve-burner stove, grill, convection oven, low boy oven, multiple refrigerators and freezers (including walk-in units), deli cases, dishwashers, ample prep space, and extensive smallwares. The current lease, expiring August 14, 2025, includes a monthly rent of $2,150. The business has demonstrated sales exceeding $150,000, operating with limited hours. The asking price is $125,000. Six trained staff members are currently employed. The sale includes all existing equipment, fixtures, and furnishings. A one-year lease with options is available. This presents a unique opportunity to acquire an established, profitable business with significant upside potential in a growing area. The location offers convenient parking. Financing may be available to qualified buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.