Established Bar And Grill For Sale With An Owner Benefit Over $385 000!! Mint Hill, NC 28227
- Retail properties
- 7,500 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Established Bar And Grill For Sale With An Owner Benefit Over $385 000!!
- Year built
- 1996
- Property size
- 7,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established bar and grill, operating successfully for 27 years in Charlotte, NC (Mint Hill area), presents a compelling investment opportunity. The 7,500 square foot space, built in 1996, is currently leased with a 10-year term expiring December 30, 2024, and a monthly rent of $6,200. The business boasts impressive financials, generating a gross revenue of $1,886,242.13 and a cash flow exceeding $385,000. The sale includes extensive equipment: multiple coolers, freezers, bar equipment (including beer taps and POS systems), kitchen appliances (stoves, ovens, fryers, etc.), ample seating (booths, tables, chairs, high-tops), and outdoor furniture. The restaurant also features a walk-in cooler and freezer. The business employs 31 staff members. This turnkey operation is situated on a high-visibility road in a rapidly growing area of Charlotte, offering significant potential for continued success. The asking price is $875,000. Seller financing is not available. Inventory is not included in the asking price. The address is confidential.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Mint Hill
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.6549
- Latitude
- 35.1826
