Beloved Charlotte Bar and Grill

Not Disclosed, NC


Asking Price: Annual Revenue:
$395,000 $595,297

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Beloved Charlotte Bar and Grill Broker: Michael Norman
Owner Financing is Available!

Quick Facts

Asking Price: $395,000
Annual Revenue: $595,297
Net Profit: Not Disclosed
Cash Flow: $150,264
Total Debt: Not Disclosed
FF&E: $72,000
Real Estate: $1,050,000
Year Established: 1975
Employees: 15
BBN Listing #: 547650254
Broker Reference #: 19128

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Business Overview:

This TURNKEY local favorite has been established in the Charlotte area for nearly 50 years and is still going STRONG; Numbers are continuously stable and books are solid! Venue is less than three miles from the Panther/MLS stadium and the heart of uptown - anchored in trendy FreeMoreWest, a hot pocket of new growth, this is also a Qualified Opportunity Zone (real estate purchase)!

Offering over 7000 sq’, this venue has seating for over 300 people. Also with a huge inviting Bar area, Happy Hour and sports traffic can be a huge benefit for the right buyer. Also a Dance Floor/stage area is perfect for live music and private parties.

The PRIME Real Estate is also offered. The extraordinary tax benefits of a Qualified Opportunity Zone make this a most lucrative endeavor! All in asking $2,200,000.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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