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.

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Reason for Selling:


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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