356 Mendon Rd

    Cumberland, RI 02864
    • $299,000
    • STATUS: Active
    • MLS #: 72546627
    UPDATED: 32 min ago
    $299,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    2016
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Padmavathi Bhimana of Desi Prime Realty, Llc.

    Description

    Rare opportunity to own a very well cash flowing business with minimal effort, and investment. Active partners moved away, and passive investors looking to sell as they can't spend time to grow. Great growth potential if you can focus. Free Standing building with ample parking. Kitchen Equipment is just a couple of years old, with high industrial quality. Kitchen is suitable for different types of cuisines. The lease is assumable and reasonable for size, and location. Restaurant is part of a well known Indian Cuisine chain all over the US with more than 30 franchise locations. Great support from the franchise owners or flexible if you want to build your own brand. Current owners can help with smooth transition. Existing employees can be retained after sale if new owners are interested. 2 years of lease left, and is renewable for 5 more years. There is a Conference Room, 2 Bars, and a party hall. There is a 3,000 SQ FT unfinished basement for additional storage.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-11-13T20:06:57.37.
    www.drigginrealty.com/homes/97697766

    356 Mendon Rd Cumberland, RI 02864

    • Price: $299,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 72546627
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    2016
    Built
    Neighborhood:
    Other
    County:
    Providence
    Area:
    Other
    Property Description
    Rare opportunity to own a very well cash flowing business with minimal effort, and investment. Active partners moved away, and passive investors looking to sell as they can't spend time to grow. Great growth potential if you can focus. Free Standing building with ample parking. Kitchen Equipment is just a couple of years old, with high industrial quality. Kitchen is suitable for different types of cuisines. The lease is assumable and reasonable for size, and location. Restaurant is part of a well known Indian Cuisine chain all over the US with more than 30 franchise locations. Great support from the franchise owners or flexible if you want to build your own brand. Current owners can help with smooth transition. Existing employees can be retained after sale if new owners are interested. 2 years of lease left, and is renewable for 5 more years. There is a Conference Room, 2 Bars, and a party hall. There is a 3,000 SQ FT unfinished basement for additional storage.
    Exterior Features

    Building Construction Frame Loading Docks 1 Parking Spaces 70

    Interior Features

    Basement Yes Basement Features Partially Finished Facilities KitchenConferenceMeeting Restrooms 3 Total Building Sq Ft 5000.00

    Property Features

    Business Opportunity Type Restaurant W/Liquor Disclosure Yes Disclosures Buyer & Buyers Agent To Do Their Due Diligence. Please Do Not Walk in And Discuss With Employees About Sale. Equipment List Available Yes Inventory Available Yes Owner Training Yes Real Estate Included No Terms Assumable Utilities Public WaterPublic Sewer Zoning -

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Padmavathi Bhimana of Desi Prime Realty, Llc.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-11-13T20:06:57.37.
     
    Driggin Realty Group
    126 Newbury Street, 5th Floor
    Boston MA, 02116
    Listing courtesy of Padmavathi Bhimana of Desi Prime Realty, Llc.