REAL ESTATE INCLUDED
Providence, RI
$750,000

REAL ESTATE INCLUDED
Providence, RI
$750,000

East Providence, RI
$225,000

Washington County, RI
$199,000

Washington County, RI
$89,000
Providence, RI
$175,000
Pawtucket, RI
$90,000
REAL ESTATE INCLUDED
West Warwick, RI
$799,000
REAL ESTATE INCLUDED
Pawtucket, RI
$979,000
Rhode Island
$350,000
Rhode Island
$250,000
Available Nationwide
$150,000
Greenville, RI
$375,000
Providence, RI
$75,000
$2,400,000
Smithfield, RI
REAL ESTATE INCLUDED
East Providence, RI
$950,000
North Providence, RI
$115,000
Louis Goldblatt, CPA
First Choice Business Brokers
Serving Providence County, RI
Buying or selling your own business can be one of the most difficult aspects of business ownership. With so many businesses for sale and so many prospective buyers, it can be overwhelming just figuring out where to begin. Fortunately, First Choice Business Brokers provides a nationwide network of Business Sales Professionals to help guide you through the buying or selling process. Since we were established in 1994, First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of over $12.5B in businesses for sale. Buyers and sellers alike can enjoy the ease and expertise of a national network of professional business brokers. With First Choice Business Brokers, you can enjoy the greatest selection of businesses for sale nationwide. Or as a seller, you can expect to receive individualized attention in your local market. First Choice Business Brokers is proudly a member in good standing with the International Franchise Association, Canadian Franchise Association and International Business Brokers Association.
Providence, RI
$345,000
REAL ESTATE INCLUDED
Rhode Island
$2,000,000
Providence County, RI
$35,000
Woonsocket, RI
$140,000
Providence County, RI
$150,000
Available Nationwide
$250,000
Providence County, RI
$1,500,000
Providence County, RI
$105,000
Rhode Island
$550,000
REAL ESTATE INCLUDED
Rhode Island
$4,300,000
Washington County, RI
$135,000
Washington County, RI
$159,999
Providence, RI
$75,000
Smithfield, RI
$99,000
Warwick, RI
$145,000
Available Nationwide
$100,000
Coventry, RI
$350,000
Providence, RI
$299,000
Pascoag, RI
$650,000
Woonsocket, RI
$1,695,000
Available in Rhode Island
$250,000
Cranston, RI
$330,000
$5,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 33 |
| Median Asking Price | $335,000 |
| Median Reported Revenue | $700,000 |
| Median Reported Seller's Discretionary Earnings | $150,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $195,000 | $335,000 | $490,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Restaurants and Food Businesses for sale in Rhode Island.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $351,250 | $97,452 |
| Median | $700,000 | $150,000 |
| Upper Quartile | $943,044 | $196,602 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Restaurants and Food Businesses listed for sale in Rhode Island.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.35 | 1.62 |
| Median | 0.46 | 2.24 |
| Upper Quartile | 0.86 | 2.63 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Restaurant and Food Business in Rhode Island?
The median asking price for an established Restaurant and Food Business in Rhode Island is $335,000, though prices range from under $195,000 to well over $490,000.
How much do Restaurants and Food Businesses owners in Rhode Island earn?
The median reported revenue of Restaurants and Food Businesses in Rhode Island is $700,000 and owners earn a median of $150,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Restaurant and Food Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Restaurants and Food Businesses in Rhode Island, revenue multiples range from 0.35 to 0.86, with a median of 0.46. Earning multiples range from 1.62 to 2.63, with the median at 2.24. This means the typical Restaurant and Food Business in Rhode Island may ask for around 0.46 times its annual revenue, and 2.24 times its annual owner earnings.
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