Rare Restaurant & Inn with Real Estate
Restaurant, Inn and Café with Real Estate on a New England Island
On NextCompany since September 18, 2026 (27 days)
New England, RI area
Business overview
This New England island property combines an inn, a large restaurant and a separate café. The business draws substantial tourist trade. The restaurant seats 237 guests, with 82 seats inside and 155 outside. It serves breakfast, lunch and dinner seven days a week.
Corbett Restaurant Group lists the business and real estate for $7,499,000. The business reports sales of $2,138,000. Cash flow for 2023 totals $271,905. The operation holds a Full Liquor & Entertainment License.
Who is a good fit for this business
- Hospitality operators seeking an inn, restaurant and separate café serving substantial island tourist business.
- Buyers seeking business ownership together with the underlying real estate.
- Buyers considering inn expansion, outdoor bars or a pool as potential development avenues.
Details
- Real estate
- Owned, included in sale
Frequently Asked Questions
Corbett Restaurant Group quotes an asking price of $7,499,000. The business reports sales of $2,138,000. Its cash flow for 2023 totals $271,905.
The asking price covers both the business and real estate. A recent appraisal valued the property at $3.8 million.
The restaurant accommodates 237 guests across 82 indoor seats and 155 outdoor seats. The property also provides 20 parking spots.
The restaurant serves breakfast, lunch and dinner seven days a week. The operation holds a Full Liquor & Entertainment License.
The listing identifies potential to double the inn's size. It also highlights possible outdoor bars, a pool and restaurant concept changes.