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    OFF-MARKET
    Retail properties & Spaces

    0 Established Bar And Grill For Sale With An Owner Benefit Over $385 000!!, Mint Hill, NC 28227

    7,500 SF Built 1996
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1996
    Total area 7,500 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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