Well branded restaurant and associated bakery with prep kitchen located in tourist town. Near Newport, Rhode Island. Operating for over thirteen years. Farm-to-table American menu. Online ordering growing.
This award winning business experienced growth for thirteen years. Owners perceive that growth will resume once Covid subsides.
The cafe/restaurant is located next successful retail stores, adjacent to a park with both high foot and auto traffic. There is indoor and outdoor seating in this scenic location.
The Prep Kitchen is located on a high traffic road next to a large municipal office building. This kitchen supports the restaurant but is also open for retail sales and is used for a commissary for catering.
Pantry supports Cafe but also serves walk-in patrons. Cafe has a full liquor license.
This business is a community as much as it is a unique profitable business. There is the opportunity to "repeat the process" by adding new locations which might include drive through locations.
While life has drained out of the cities because people are working from home, life is being channeled into small towns again. This provides an unprecedented opportunity for the brand to grow in the coming few years.
This is an unusually high performing cafe and bakery model with adjusted earnings of
$303,000 in 2019.
Who should buy this business?
Strategic cafe operator seeking additional locations and scale.
High net investor targeting niche food business models that do not require the complexity of fine dining.
Investor seeking proven business model which might provide employment for multiple family members.
Contact us for an Executive Summary on this unique profitable business.
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