0 Extraordinary Restaurant For Sale- Sales Exceeding $3.1Million!Charlotte, NC 28226

Property Details for 0 Extraordinary Restaurant For Sale- Sales Exceeding $3.1Million!

Year built

1999

Property size (Sq ft)

5,200 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This thriving Charlotte restaurant, established for over two decades, presents a remarkable investment opportunity. Boasting over 5,200 square feet of space and consistently exceeding $3.1 million in annual sales, this fully equipped establishment offers significant earning potential. The current lease, expiring May 30, 2027, has a monthly rent of $16,650. The business includes a full liquor license and is pre-approved for SBA lending, simplifying the transition for new ownership. The restaurant features ample indoor seating for 187 patrons and a robust kitchen equipped with two flat top grills, two charbroiler grills, two salamanders, a deep fryer, a six-burner stove with oven, walk-in cooler and freezer combo, and extensive prep areas. Additional equipment includes a point-of-sale system, multiple TVs, display coolers and warmers, margarita machines, and a comprehensive security system. The current owner, retiring, has built a loyal customer base and a highly skilled team of 25 employees (10 full-time, 15 part-time). The owner's benefit is reported at $590,105.99, with a gross revenue of $3,167,648.02 and a cash flow of $590,105.99. Located in a high-end area of Mecklenburg County, this restaurant benefits from a strong local economy and high demand. The sale includes all equipment and fixtures. This is an exceptional opportunity for an experienced restaurateur or ambitious entrepreneur seeking a turnkey operation with proven profitability. The asking price includes the business and leasehold improvements. Seller financing is not available.

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.1173

Longitude

-80.799

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