Ballantyne Area Restaurant for Sale in Charlotte

Charlotte, NC
Mecklenburg County

Asking Price: Annual Revenue:
$265,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Ballantyne Area Restaurant for Sale in Charlotte Broker: Justin Scotto

Quick Facts

Asking Price: $265,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 35
BBN Listing #: 55278096
Broker Reference #: 6845

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Business Overview:

Mediterranean Restaurant for sale Generating over $1,988,000 in sales and turn-key for any buyer. Seller is ready to retire. Location is one of the best in the Ballantyne area of Charlotte. Opportunities like this don't come around very often. This Mediterranean restaurant for sale is proving to be one of Charlotte's premier restaurant destinations. Serving customers for many years with sales showing major growth year after year. Very established in the community and word of mouth spreads like wildfire when it comes to this establishment. Located in a very high traffic shopping center, this Mediterranean Restaurant for sale is extremely elegant upon entering its front doors. Everything from the furniture, built-in bar, to the construction of this beauty is bringing guests in droves. The wine selection alone is one that is unheard of. Wine sales alone are well above $300,000 per year and growing. That tells you when guests come to this Mediterranean Restaurant for sale, they like to spend their money and have no problem doing so. With raving reviews online coupled with everything mention above, We Sell Restaurants call this a virtual goldmine! Situated in a very high traffic area of Charlotte this center sees over 55,000 cars a day go by its front doors. Just within a three-mile radius, there is a population of 78,000 people and a household income of over $105,000. Daytime population is extremely high with many office parks situated within two miles of this Mediterranean Restaurant for sale. All in the rent is $11,886 per month situated in a spacious 4,019 square foot build out. From steaks, chops, and seafood this Mediterranean Restaurant for sale has some of the finest dishes in Charlotte. From grilled grouper, salmon, and Chilean sea bass are some of its most popular dishes. This restaurant easily handles large parties. The reservation book on this hot spot is booked for weeks and months in advance. Parties of two and higher all day long. Many parties are booked in the ten's, the twenties, and thirty plus crowds. This kitchen is very large and fully equipped to handle any sales volume. No day is a quiet day of sales as this Mediterranean gem is bringing in over $1,988,000 in sales per year. With an owner benefit this large and a multitude of advantages, this Mediterranean Restaurant for sale will not stay on the market long. Contact the Restaurant Brokers today because this opportunity is gone forever!

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Property Features and Assets:

8 patio dining tables 24 patio dining chairs 13 dining tables 46 chairs 6 booth tables 6 booth seating sets 4 Waiting area booths 2 high bar tables 17 bar stools 4 bar booth tables 4 bar booth seating systems 2 TVs 1 hostess counter 1 patio heater 3 POS machines 2 wire storage shelves 2 Bar ice wells 1 beer well cooler 2 ss bar sinks 1 eight foot wine cooler 1 five foot wine cooler 1 reach in cooler 1 ss hand sink 1 eight foot ss table with beverage sink 1 five foot ss table wall shelves Kitchen 1 sixteen foot SS table with shelves 1 two drawer APW warmer 1 six foot SS table 1 five foot SS table 2 two door glass reach in coolers 1 ten foot ss table 2 ss hand sink 8 sets of wire shelving 1 three compartment sink 2 single compartment sinks hood system 1 two foot ss table walk in cooler walk in freezer 1 music system 1 camera system 4 four foot deli tables with cutting boards 3 four foot deli tables 1 eight foot warming table with cutting board 2 stovetop burners 1 grill 1 flattop grill 1 deep fryer 1 two foot ss table 2 ice machines 2 ice bins 1 meat slicer 1 microwave

Market Competition and Expansion:

Charlotte has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 38.0%

Reason for Selling:


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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