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

5,200 SF

Property type

Retail properties

Property subtype

Restaurants

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

Longitude

-80.799

Latitude

35.1173