Restaurants for Sale- Act Now! 2 Well-Established, Charlotte, NC 28202
- Retail properties & Spaces
- 4,480 SF
Current Use by Public Records
- Retail properties & Spaces
Property Details for Restaurants for Sale- Act Now! 2 Well-Established
- Year built
- 2019
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional offering presents two established restaurants in a rapidly growing Charlotte, NC suburb. The combined 4,480 square foot space boasts impressive financials, generating nearly $1.8 million in gross revenue and a cash flow of $320,183.34. Both restaurants are fully equipped with extensive kitchen equipment, including multiple ovens, fryers, prep tables, refrigerators, freezers, and point-of-sale systems. The first restaurant features 15 tables, bar seating, and outdoor seating, while the second offers a mix of high-top and standard tables, along with additional outdoor seating. The combined indoor seating capacity is 96. The lease is in place until July 30, 2029, with a monthly rent of $2,876. Built in 2019, these restaurants are situated on a busy road, surrounded by residential neighborhoods, offering excellent visibility and accessibility. The sale includes all existing equipment and fixtures, excluding inventory. This is a rare opportunity to acquire two profitable, well-established restaurants in a high-growth area, offering significant potential for continued success. The seller is motivated and open to support during the transition. The reason for selling is unrelated to the business's performance. This is an asset sale, not a franchise.
Value Estimations
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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
- -80.8461
- Latitude
- 35.2327
