Restaurant for Sale in Vibrant Charlotte! Spacious Hood! Turn Ky Charlotte, NC 28204
This turnkey restaurant in vibrant Charlotte, NC, presents a unique opportunity for immediate operation. The 3,713 square foot space boasts a 10-year lease (expiring 02/28/2029) with a monthly rent of $11,400. The property, built in 2009, features a fully equipped kitchen including an 18-foot hood system, fryer, flat top grill, six-burner gas stove with oven, convection oven, multiple refrigerators and freezers, prep sinks, and a complete POS system. Indoor seating accommodates 120 patrons, supplemented by an outdoor patio. The sale includes all existing equipment, fixtures, and furnishings, minimizing startup costs. The current owner is retiring, presenting a seamless transition for a new operator. The restaurant employs 19 staff members (7 full-time, 12 part-time). This is an asset sale, not a franchise, and seller financing is not available. Located in Mecklenburg County (zip code 28204), this restaurant benefits from a booming community and high foot traffic, making it an ideal investment for experienced restaurateurs or ambitious entrepreneurs. A 3D walkthrough is available for prospective buyers. The asking price is $279,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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