22 Bowen's Wine Bar & Grille

What 22 Bowen's Wine Bar & Grille does

22 Bowen's Wine Bar & Grille operates a single-location prime steakhouse and seafood restaurant at Bowen's Wharf in Newport, Rhode Island. The venue occupies a waterfront position in a high-tourism market and serves a customer base composed of seasonal tourists, local residents, and private-event clients. Core offerings include prime cuts of beef, seafood, and a wine-focused beverage program, supported by four private dining rooms — the Scull Room (up to 40 guests), Wine Room (up to 22), Deck (up to 32), and a combined Second Floor configuration (up to 125 guests) — that anchor the banquets and private events channel.

The business is wholly owned by Newport Restaurant Group, a regional multi-property operator running 17 food and beverage properties, and is structured as 100% employee-owned through an ESOP. Distribution and reservations run through OpenTable, which awarded the venue a 2025 Diners' Choice distinction. Customer-facing infrastructure includes the group's Fare Rewards loyalty program and a branded gift card offering, alongside standard à la carte dining. The venue employs approximately 29 staff and operates as a privately held, non-funded sub-brand of the parent group.

Revenue mechanics combine on-premises dining, private events and banquets (the highest-AOV and most capacity-flexible revenue stream given the Second Floor configuration), wine and spirits sales, gift card issuance and redemption, and loyalty redemption. There is no disclosed contract pricing, no off-premises delivery channel, and no e-commerce storefront evident in the source data; the venue is a destination fine-dining property rather than a multi-channel operator.

Name

22 Bowen's Wine Bar & Grille

Legal name

22 Bowen's Wine Bar & Grille

Website

https://22bowens.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

22 Bowen's Wine Bar & Grille is a single-location prime steakhouse and seafood restaurant at Bowen's Wharf in Newport, Rhode Island. Operated by 100% employee-owned Newport Restaurant Group, it serves tourists, locals, and private-event clientele through dine-in, banquets, and gift card channels.

Ownership category

akta.pro rank

Product category

Fine Dining Restaurant

NAICS

Full-Service Restaurants (722511), Food Services and Drinking Places (722)

SIC

Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812)

akta.pro primary industry

Steakhouses & Seafood Restaurants (THAFACAE)

akta.pro secondary industry

Special Occasion & Destination Restaurants (THAFACAK)

Keywords

• Prime steakhouse dining
• Seafood restaurant service
• Private event catering
• Fine dining hospitality
• Waterfront restaurant experience

Headquarters

HQ city

Newport

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Dine-in Food & Beverage Sales: Core revenue from à la carte dining featuring prime steaks and New England seafood. Lunch served daily 11:30am-3:30pm, dinner 5pm-10pm, with bar service throughout the day with limited service from 3:30-5pm. Also generates revenue from private event bookings and catering.
2. Private Dining Events: Revenue from hosting private events including rehearsal dinners, corporate functions, baby showers, birthdays, and post-wedding events in dedicated private dining spaces (Scull Room, Wine Room, Deck, Entire Second Floor).
3. Gift Cards: Sale of Newport Restaurant Group gift cards redeemable at 17 restaurant properties including 22 Bowen's. Cards can be purchased online and shipped to recipients with personalized notes.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

22 Bowen's is a prime steakhouse and New England seafood restaurant located on Bowen's Wharf in Newport, Rhode Island, offering full-service lunch (11:30am-3:30pm), dinner (5pm-10pm), and all-day bar service. The restaurant also hosts private events in dedicated second-floor spaces accommodating groups of 22 to 125 guests, and operates a seasonal open-air Portside bar during the summer months.

Product overview

22 Bowen's is a single-location prime steakhouse and seafood restaurant in Newport, Rhode Island, offering dine-in services across lunch, dinner, and bar periods. The restaurant provides multiple private event spaces (Scull Room, Wine Room, The Deck, Sail Room, and Bar Area) that can accommodate groups from 22 to 125 guests, plus seasonal outdoor dining at Portside. The restaurant is part of the Newport Restaurant Group, which offers a cross-brand loyalty program (Fare Rewards) and gift card system usable across 17 properties. Menu offerings include dinner, lunch, cocktails/beer/wines by glass, dessert, and children's selections.

Differentiator

Problem solved

Functional benefit

Products and services

• Dine-in Restaurant Service

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• OpenTablecoreGTM or Marketing Partner · 1 January 2025OpenTable reservation platform integration enabling online table reservations for parties up to 7 guests. Restaurant recognized with Diners' Choice 2025 badge. Platform drives customer acquisition and manages reservation workflow.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Capital Grille: Operator of upscale nationwide steakhouse chain under Darden Restaurants. Directly comparable to 22 Bowen's on menu (prime steaks), service model (full-service polished dining), and target customer (corporate entertaining, special occasions). Lacks a comparable waterfront destination location.
• Morton's The Steakhouse: Established national upscale steakhouse chain with a private dining program geared to corporate events. Closely comparable on menu, pricing tier, and private-event business model; operates as a chain rather than a single destination property.
• Ruth's Chris Steak House: National upscale steakhouse chain serving prime steaks in a fine dining format. Operates in nearly every major US market, providing a useful benchmark for full-service steakhouse economics, though it does not match 22 Bowen's waterfront destination setting.

Direct peers

• Hemenway's: Newport Restaurant Group property in Providence, RI serving upscale seafood and steak. Direct peer within the same parent company with comparable menu, service model, and group-wide loyalty/gift card program; urban Providence location rather than waterfront.
• The Mooring Seafood Kitchen & Bar: Sister property under Newport Restaurant Group offering waterfront seafood dining in Newport, RI. The most direct comparable given shared ownership, shared loyalty program, and similar waterfront Newport positioning.
• Waterman Grille: NRG sister restaurant in Providence, RI offering waterfront American cuisine. Directly comparable as a sibling property under the same group, sharing marketing, loyalty, and gift card infrastructure.
• The Boat House: NRG sibling waterfront restaurant in Tiverton, RI. Direct peer within the same parent organization, sharing menu approach and infrastructure.

Regional players

• Ocean House (Ocean Grill): Five-star resort in Watch Hill, RI offering high-end waterfront dining. Comparable on premium New England coastal dining positioning and special occasion clientele, but located further west along the Rhode Island coast and embedded in a luxury resort.
• Castle Hill Inn: Luxury Newport landmark with waterfront dining at the historic Agawam Hunt Club. Comparable Newport destination fine-dining positioning and private event business, but operates as an inn rather than a standalone restaurant.

Emerging players

• Coastal Prime Newport (or comparable Newport upscale dining): Local Newport-area upscale seafood and steak restaurants competing for the same tourist and special-event clientele. The Black Pearl and Scales & Shells are the most directly comparable local independent upscale seafood restaurants in Newport.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/22-bowen-s-wine-bar-grille

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 22 Bowen's Wine Bar & Grille