EDEE with CBD

Charlotte, NC
Mecklenburg County

Uptown Charlotte


Asking Price: Annual Revenue:
$350,000 $558,475

Food & Beverage: Bars, Clubs, Nightspots


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RE: EDEE with CBD Broker: Tim Sweeney

Quick Facts

Asking Price: $350,000
Annual Revenue: $558,475
Net Profit: $231,198
Cash Flow: $231,198
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 4
BBN Listing #: 405735577
Broker Reference #: TS43251Edee

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Business Overview:

Unique business model that churns a strong cash flow. EDEE is Eating, Drinking and Entertainment Establishment.

Business has low overhead and good revenue stream. Easy to operate and in a GREAT location. The owners are not active in the business on a daily basis.

They have only been open 1 year and already generating over $20k a month in profits. Bank lending not an option because of the age of the business, so we are only considering high net worth individuals. This is really a unique situation and it will not last long.

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Property Features and Assets:

The owners have already spent the capital to put this business in the forefront. They have a great rate for this property with 5 years on the current lease with two 5 year extensions. They are currently using about 70% of the space, but have additional square footage available.

Market Competition and Expansion:

This business caters to a hip young crowd in the downtown area. They have over 4,000 Instagram followers that provides an excellent marketing framework.

Reason for Selling:

Family Issues

Additional Details:

  • The property is leased.
  • 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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