Profitable Breakfast Restaurant For Sale In Prime Charlotte Location Charlotte, NC 28277
- Retail properties
- 900 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Profitable Breakfast Restaurant For Sale In Prime Charlotte Location
- Year built
- 2010
- Property size
- 900 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving breakfast restaurant in Charlotte, NC, presents a fantastic investment opportunity. Priced at $479,000, this 900-square-foot establishment boasts impressive financials, generating $388,020 in gross revenue and a $130,359 owner benefit in 2023. The restaurant, built in 2010, is fully equipped with all necessary kitchen equipment, including espresso machines, freezers, refrigerators, a POS system, prep tables, warming ovens, and more, ensuring a seamless transition for the new owner. The lease is for one year, expiring August 30, 2025, with a monthly rent of $2,600. The spacious interior comfortably seats 28 patrons, and there's also a patio area with additional seating. The sale includes a variety of equipment, such as tables, chairs, espresso machines, freezers, refrigerators, a POS system, and more (a full equipment list is available). Ten employees are currently on staff. The restaurant is not a franchise and inventory is not included in the asking price. Seller financing is not available. Located in Mecklenburg County (zip code 28277), this restaurant benefits from Charlotte's robust economic growth and diverse population, providing a strong customer base and significant potential for continued success. The seller is motivated and providing support for a smooth transition. This is an asset sale, offering a turnkey operation ready for immediate profitability. The reason for selling is personal.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8479
- Latitude
- 35.0435