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OFF-MARKET
Retail properties & Spaces

0 High-Profit Restaurant & Bar For Sale In Mecklenburg Co.! Charlotte, NC 28202

2,950 SF Built 2015
Property ID
Property summary
AI-generated overview

This thriving Charlotte, NC restaurant and bar is available for purchase at $799,000. Established in 2015, this 2,950 square foot space boasts impressive financials: nearly $2 million in gross revenue and a cash flow of $349,550.22. The current lease, with a monthly rate of $5,940, extends until December 30, 2027, offering a three-year term. The business includes a full complement of equipment, including a walk-in cooler, two six-burner stoves with ovens, multiple refrigerators and freezers, a charbroiler, and extensive bar equipment with twelve beer taps. The seating capacity is substantial, featuring booths, tables, high-top seating, and a significant outdoor patio area with ample seating and patio heaters. The seller is relocating and offering owner training. This turnkey operation is situated in a rapidly growing area of Mecklenburg County (zip code 28202), with projected job growth significantly exceeding the national average. A 3D walkthrough is available. Inventory is not included in the asking price. Seller financing is not available. This presents a unique opportunity for an experienced restaurateur to acquire a profitable, established business in a high-growth market. The business employs 25 people.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2015
Total area 2,950 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
Permitted uses
Allowed · conditional · prohibited
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