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

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    • Retail properties & Spaces
    • 2,950 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 High-Profit Restaurant & Bar For Sale In Mecklenburg Co.!

    Year built
    2015
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8461
    Latitude
    35.2327
    More about this property
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