Norman Area!! Restaurant With Real Est For Sale In Popular Lk Charlotte, NC 28202
This thriving restaurant, located in the desirable Lake Norman area of Charlotte, NC (zip code 28202), presents a unique opportunity to acquire a turnkey business with significant earning potential. Priced at $3,574,000, this well-established restaurant boasts over a decade of success, generating gross revenue exceeding $867,000 and owner/operator earnings surpassing $219,000. The sale includes the real estate, a 3,068 square foot building constructed in 1971, eliminating the need for a separate lease. The property is ready for immediate operation under new ownership. The restaurant's prime location benefits from the area's booming population growth and economic development, attracting a steady stream of customers. The fully equipped kitchen features two walk-in coolers, one walk-in freezer, flat tops, coolers, freezers, ample storage, deep fryers, ovens, a stovetop, and more. The dining area comfortably accommodates numerous patrons with tables, booths, and chairs. This is an exceptional opportunity for experienced restaurateurs or those seeking to enter the industry with a proven, profitable business. The seller is retiring, creating this rare chance to own a successful restaurant with its accompanying real estate. The business employs 15 people. Financing options may be available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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