High-Profit Restaurant & Bar For Sale In Mecklenburg Co.! Charlotte, NC 28202
- Retail properties
- 2,950 SF
Current Use by Public Records
- Retail properties
Property Details for 0 High-Profit Restaurant & Bar For Sale In Mecklenburg Co.!
- Year built
- 2015
- Property size
- 2,950 SF
- Property type
- Retail properties
- 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 Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8461
- Latitude
- 35.2327