Wes’ Rib House and Building for Sale - Price Dip

Wes’ Rib House and Building for Sale - Price Dip

 

Wes’ Rib House is the definition of a venerable rib joint.

 

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While challengers have come and gone, Wes’ has been an institution. “Wes' has been a Rhode Island institution since 1973, serving some of the state's best barbecue,” said MG Commercial.

 

“The former Wes' Rib House and the associated real estate are now available for sale. MG Commercial is pleased to bring to market this recently renovated turnkey restaurant that includes additional space on the upper floor for redevelopment,” said MG Commercial.

 

The asking price is $1,995,000, a decrease of $200,000.

 

Restaurant Description:

The offering includes a full kitchen, including new restaurant equipment, two (2) full bars, and a spacious dining area with tables, chairs, and banquets.

Additional building improvements include a new roof, windows, lighting, and HVAC units. The top floor is unfinished, offering additional adaptive reuse opportunities.

 

The property includes parking for 35+ vehicles.

 

PROPERTY HIGHLIGHTS

Wes' Rib House (Turnkey Restaurant for Sale) has been in business for over 50 years.

Includes all FF&E (list upon request), trademark, website, IP. New roof, windows, and HVAC. 35+ on-site parking spaces. 

Surrounded by numerous active redevelopments. Current seating for over 150.

 

 

In 2024, GoLocal reported:

A minority partner in Wes’ Rib House in Providence announced on Wednesday that his partners in the business — Crisp Restaurant Group — are selling. 

In January 2024, GoLocal was the first to report that the long-time Olneyville BBQ institution, located at Dike Street since 1983, was finally reopening after a long hiatus for renovations. 

 

COVER PHOTO: Unsplash/Luis Aleman