000 In Owner Benefit! Charlotte, NC 28277
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 000 In Owner Benefit!
- Year built
- 1992
- Property size
- 1,200 SF
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This thriving pizza franchise, located in Charlotte, North Carolina's rapidly growing Union County (zip code 28277), presents a remarkable investment opportunity. The 1,200-square-foot restaurant, built in 1992, boasts projected 2024 sales nearing $900,000 and an impressive owner benefit exceeding $150,000. The current lease, expiring April 30, 2027, has a three-year term and a monthly rate of $3,667, inclusive of taxes and insurance. The asking price is $450,000. The business is fully equipped with essential restaurant equipment, including a seven-foot hood, prep tables, sinks, refrigerators, conveyor ovens, and more, ensuring a smooth transition for the new owner. The franchise offers comprehensive training and ongoing operational support. The franchise transfer fee is $2,500. The restaurant currently employs 35 people and features seating for approximately 30 patrons (6 tables, 9 chairs, 4 booths). This high-visibility location in a rapidly expanding market ensures consistent customer traffic. The seller is motivated by personal reasons. While seller financing is unavailable, the business is well-suited for SBA financing. This opportunity combines strong profitability with the backing of a reputable franchise brand.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Union
- State
- North Carolina
- Longitude
- -80.8212
- Latitude
- 35.0536
