Profitable Restaurant Business Sublease
Idlewild Rd Matthews, NC 28104
Idlewild Rd, Matthews, NC, 28104
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For Lease
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Turnkey restaurant business for sublease with high gross sales.
Property Size3,300 SF
Days on Market680
Property Features for Idlewild Rd
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Restaurant
Spaces For Lease
at Idlewild Rd Contact us
Listing Agency
KW Commercial - Keller Williams Select
(704) 780-3905
Listed by
Ramzi Hawa · License #NC 299505
Source
Crexi
Added: Sep 8, 2024 Checked: Jul 17 at 2:37 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial - Keller Williams Select
Investment Insights
Based on property information with market context.
This is a sublease opportunity for a successful local pub and restaurant business with gross annual sales of $2.4M. The business, which has been operating for over 10 years, is available for sublease until 2031 and includes FF&E, client list, existing staff transfers, and the established menu and name. The sublease space features 3300 sq ft of indoor and outdoor seating. The restaurant accommodates takeout orders, dine-in service, bar and drinks, and parties and events. It is reported to be busy even during weekdays. The business benefits from trained staff and a manager, requiring minimal owner involvement. The location features ample parking. The area is experiencing growth with new communities under construction nearby. The business has a growing number of clients year over year, relying on word of mouth, reputation, and repeat customers with minimal marketing. Partial owner financing may be possible. The current rent is $8000 per month, subject to a 3% yearly increase.
Key Highlights
- High Gross Sales: $2.4M-$3M annually
- Turnkey Operation: Fully equipped, staffed, and operational restaurant/pub
- Sublease Available: Secure sublease in place until 2031
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Rent Nearby
Similar Off Market Nearby
- Cornerstone Pub & Grill — 15080 Idlewild Rd Suite J, Matthews, NC 28104
- Moochie's Tavern — 15060 Idlewild Rd, Matthews, NC 28104
FAQs
What type of property is this?
Bar & Pub - Turnkey restaurant business for sublease with high gross sales.
Where is this bar & pub located?
The property is located at Idlewild Rd Matthews, NC.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: High Gross Sales: $2.4M-$3M annually; Turnkey Operation: Fully equipped, staffed, and operational restaurant/pub; Sublease Available: Secure sublease in place until 2031
