Established Franchise Restaurant For Sale In Ballantyne Amazing Location!! Charlotte, NC 28277
- Retail properties
- 1,480 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Established Franchise Restaurant For Sale In Ballantyne Amazing Location!!
- Year built
- 2020
- Property size
- 1,480 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established franchise restaurant in Charlotte's Ballantyne area presents a lucrative investment opportunity. The 1,480-square-foot space, built in 2020, boasts a prime location with excellent visibility and accessibility, ensuring a consistent customer flow. The business operates seven days a week and includes all necessary equipment, furnishings, and supplies, facilitating a smooth transition for the new owner. Financial records indicate a gross revenue of $448,902.32 and a cash flow of $64,463.43, demonstrating strong profitability. The current lease has five years remaining, expiring July 30, 2025, with a monthly rent of $5,216. The sale includes a comprehensive inventory of equipment, including multiple coolers, freezers, ovens, prep tables, a POS system, and seating for sixteen patrons. The business currently employs four people (one full-time, three part-time). The seller is motivated and is offering an asset sale, with no seller financing available. The asking price is $290,000, representing a significant return on investment in a thriving, high-end community. The Ballantyne area's strong corporate presence and family-oriented atmosphere contribute to the restaurant's consistent success. This is a turnkey operation ready for immediate ownership.
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Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8455
- Latitude
- 35.0469
