Popular Grill and Bar for Sale with 113K Earnings!

Not Disclosed, NC
Cabarrus County


Asking Price: Annual Revenue:
$199,000 $668,114

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Popular Grill and Bar for Sale with 113K Earnings! Broker: Justin Scotto

Quick Facts

Asking Price: $199,000
Annual Revenue: $668,114
Net Profit: Not Disclosed
Cash Flow: $113,121
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2020
Employees: 6
BBN Listing #: 6178096
Broker Reference #: 8882

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Business Overview:

Popular Neighborhood Grill and Bar for Sale in Kannapolis, North Carolina. Producing nearly $700,000 in sales and an Owner Benefit over $113,000!

The loyal patrons return again and again for a bartender that pours everything from martinis that have them raving to a craft beers. Buy this Grill and Bar for Sale offered by We Sell Restaurants located in Cabarrus County and you get a fully equipped and operating business that includes all the restaurant equipment, furniture, fixtures, and equipment necessary to continue to operate this location.

Currently open 5 days a week. The menu consists of appetizers, Philly Cheesesteaks, Burgers, Salads and mouth watering Desserts. Why build out or start from scratch when you can purchase this Grill and Bar for Sale at a fraction of the cost with profit on day one. Dine in, Take-out, delivery, pick-up and outdoor seating is available for that beautiful Carolina weather.

This Bar for Sale is 1,728 square feet and rent of $2,500 per month. Inside seating at this restaurant holds 30 patrons, with another 20 seats out on the patio. Facility has a fully equipped kitchen with fryers, grill, hood, coolers and all the equipment you need to handle the crowds on game night. Plenty of room for growth at this Bar and Grill for Sale by adding catering revenue! Catering business can be expanded as there many large corporations and medical offices in the area. Restaurant is in a well known and desirable area. Plenty of homes, schools and other business within distance. Lots of growth opportunities.

Need lending assistance? This Grill and Bar for Sale priced between $20,000 and $200,000 can be financed with our lending partners. If your credit score is 680 or above, contact the restaurant brokers at We Sell Restaurants for an introduction to our teams that can have you approved in the next 48 hours. Perfect opportunity for an owner / operator looking for a turnkey dream. Contact us today!

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Property Features and Assets:

2 Round High Top Tables 7 Bar Stools 12 Dining Room Tables 30 Dining Room Chairs 13 Ladder Back Bar Stools 8 Booths 1 Custom Built Bar 9 Flat Screen TVs 2 High Chairs 1 Round Side Table 1 Mini Wine Cooler 1 Small Shelf 1 Three Door Keg Cooler with 12 Taps 1 Single Door Reach in Glass and Bottle Cooler 1 Double Door Reach in Glass and Bottle Cooler 1 Toast POS with Printer 1 Toast POS with Printer and Cash Drawer 1 Hand Sink 1 Two Door Beverage Air Under Counter Cooler Miscellaneous Wooden Wall Shelves 1 Speaker System 4 Patio Sofas 2 Patio Coffee Tables 2 Patio Tables with Under Table Stools 2 Gas Patio Heaters 1 Waiting Bench 2 Filing Cabinets 3 Folding Tables 2 Five Foot Prep Table 1 Six Foot Prep Table with Shelf 1 Heat Lamp 2 Bar Ice Wells 1 Three Well Steam Table 1 Microwave 1 Five Foot Table with Heat Lamp 1 Two Door Prep Table Cooler 1 Small Freezer 1 Single Door Reach in Freezer 1 SS Hand Sink 2 Double Basket Fryer 1 Eight Food Hood is a Fixture 1 Four Burner Stove with Oven 1 Flat Top Grill 1 Three Door Deli Table 1 Kitchen Printer 1 Ninja Double Basket Air Fryer 1 Three Compartment Sink 1 Wire Cart 2 Walk in Coolers is a Fixture 1 Four Foot Wire Shelf 1 Ice machine with Bin 1 Eight Foot Wire Shelf 2 Two Foot Deep Freezers 1 Six Foot Deep Freezer 1 Single Door Reach in Freezer 1 Cart 2 Four Foot Wire Shelf System 5 Six Foot Wire Shelf System 1 Six Foot Prep Table with Can Opener 1 Dishwasher

Market Competition and Expansion:

Key business for expansion and growth. Great starter to get into the franchise category. Charlotte is the number 2 metro in the US for economic growth.

Reason for Selling:

Relocation

Additional Details:

  • The property is leased.
  • The owner is 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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