Property profile

0 Restaurant And Bar For Sale Expansive Space & Proven Profitability! Mooresville, NC 28115

OFF-MARKET
Retail properties & Spaces
5,155 SF Built 2013
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Property summary

AI-generated overview

This established Mooresville, NC restaurant and bar is a turnkey opportunity for investors. Located in a high-traffic area, this 5,155 square foot franchise boasts a proven track record of success, with gross revenue exceeding $1.3 million and a projected owner benefit of $189,400 in 2024. The lease, expiring January 30, 2029, is a monthly rate. The spacious interior features a fully equipped bar, comfortable seating areas, a dance floor, and a large patio. The extensive equipment includes a state-of-the-art sound system, lighting, multiple TVs and projectors, a walk-in cooler, and a fully functional kitchen with multiple ovens, fryers, and prep areas. The sale includes numerous tables and chairs (both indoor and outdoor), umbrellas, and a fire pit. The current owner is selling for personal reasons and the existing staff is committed to staying on during the transition. Franchise training is available, and the business benefits from established brand recognition and ongoing support. The asking price is $459,000, and this is an asset sale

Property profile

Verified
Property type Retail properties & Spaces
Year built 2013
Total area 5,155 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Restaurant And Bar For Sale Expansive Space & Proven Profitability! Mooresville, NC 28115
Mooresville metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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