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    OFF-MARKET
    Retail properties & Spaces

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

    5,155 SF Built 2013
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
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