Multi-Unit Sports Bar for Sale

Concord, NC
Cabarrus County


Asking Price: Annual Revenue:
$1,100,000 $2,246,840

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Multi-Unit Sports Bar for Sale Broker: Justin Scotto

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $2,246,840
Net Profit: Not Disclosed
Cash Flow: $454,439
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 44
BBN Listing #: 62588096
Broker Reference #: 6462

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Business Overview:

Multi-Unit Franchise Sports Bar for Sale in desirable Charlotte North Carolina Market. Over $2.1 Million in Annual Sales and $400,000 in Owner Earnings for a Semi-absentee Owner. Over $454,000 Earnings Potential for a Full Time Owner Operator.

Opportunities like this are few and far between. Take advantage of owning and operating TWO co-branded and Franchised Sports Bars for sale in the Charlotte, North Carolina Market. Combined annual sales already exceed $2.1 Million AND GROWING! Owner Benefit is over $400,000 and that's with a full team of managers in place. owner works less than 25 hours per week ensuring his Sports Bars are operating efficiently and customers are happy.

These Sports Bar for sale are in great locations with plenty of dedicated parking and outdoor patios. The inside square footage can accommodate plenty of guests. In addition to the inviting bar and dining areas there are tons of large HD TVs for all your viewing pleasures. The current owner negotiated favorable long term leases for years of continued growth and success at both locations and the numbers show it. At 5000 and 8000 square feet, these locations are real money-makers. The hard work is done…site selection, demographic studies and the build out. All that is needed now is a new owner to keep the momentum. Ask the Restaurants Brokers more about this opportunity today!

The current owner will guide and train a new buyer on how to use marketing, promotions, and other special events to grow sales and revenue at these sports bar for sale. Charlotte is one of the fastest growing cities in the southeast home to many large business and corporations with high per capita income, perfect for venues like these. The inside has a beautiful bar, tons of activities, and more TV screens than you can count so patrons can always watch their favorite team. The restaurant's full bar with tons of beer selections on top of terrific menu of food items to compliment like Wings, Burgers, Wraps, Salads and more make this a family destination as well.

Don't miss out on this tremendous opportunity for fantastic income in a great city.

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Property Features and Assets:

KITCHEN EQUIPMENT QTY DESCRIPTION 1 Bakers Pride P-48S Electric Countertop Bake and Roast Oven - 4300 Watt 1 Bakers Pride T1121Y 20 3/4" x 20 3/4" Deck 1 Turbo Air TCBE-82SDR 84" Four Drawer Refrigerated Chef Base - 19 cu. ft. 2 41 1/2" High Pre-Rinse Faucet with Adjustable 8" Centers 2 Regency 20 Pan End Load Bun / Sheet Pan Rack - Unassembled 1 48" x 24" Medium Duty Cookline Equipment Stand with Galvanized Undershelf and Casters? 1 Avantco SL310 10" Manual Gravity Feed Meat Slicer - 1/4 hp? 2 Avantco W50 12" x 20" Electric Countertop Food Warmer - 120V, 1200W? 2 Avantco SCL2 48" Sandwich / Salad Prep Refrigerator? 1 Avantco SCL2-60 60" Two Door Sandwich / Salad Prep Refrigerator? 1 Avantco TUC48F 48" Double Solid Door Undercounter Freezer 1 Cooking Performance Group CBR24 24" Gas Radiant Charbroiler - 80,000 BTU 1 Three Compartment Stainless Steel Commercial Sink with 2 Drainboards - 103" Long 1 Stainless Steel One Compartment Commercial Sink with 1 Drainboard - 18" x 18" x 14" Bowl 2 Regency Stainless Steel Double Deck Overshelf - 12" x 48" x 32" 1 Regency Stainless Steel Double Deck Overshelf - 12" x 60" x 32" 2 Regency 18 Gauge 24" x 84" 304 Stainless Steel Commercial Work Table with Undershelf 1 Regency 18 Gauge 30" x 60" 304 Stainless Steel Commercial Work Table with Undershelf 1 Star 860TA Ultra Max 60" Countertop Gas Griddle with Snap Action Controls - 150,000 BTU? 1 Star 848TA Ultra Max 48" Countertop Gas Griddle with Snap Action Controls - 120,000 BTU 6 Avantco FF300 40 lb. Stainless Steel Floor Fryer - 3 Tubes, 90,000 BTU 1 Cooking Performance Group 24-CPGV-4B-S20 4 Burner 24" Gas Range with 20" Space Saver Oven 3 Regency 17" x 15" Wall Mounted Hand Sink with Gooseneck Faucet 1 Left Regency 16 Gauge 3' Soiled / Dirty Dish Table 1 Right Regency 16 Gauge 2' Clean Dish Table 1 Regency 1.42 GPM Wall-Mounted Pre-Rinse Faucet with Wall Bracket 1 Regency 19 1/2" x 19 1/2" x 4" 18-Gauge Stainless Steel Scrap / Pre-Rinse Basket TABLES & CHAIRS QTY DESCRIPTION 95 BLACK LADDERBACK METAL CHAIRS W/CUSHION 103 BLACK LADDERBACK BARSTOOL CHAIRS W/CUSH 65 MAHOGONY LADDERBACK WOODEN BARSTOOLS W/CUSHION 8 30"X30" PEDESTAL TABLES W/BLACK TOP 13 36"X36" PEDESTAL TABLE W/BLACK TOP 15 36"X36" BAR PEDESTAL TABLE W/BLACK TOP 22 24" ROUND BAR PEDESTAL TABLE W/BLACK TOP 7 30" ROUND BAR PEDESTAL TABLE W/BLACK TOP 7 36" ROUND BAR PEDESTAL TABLE W/BLACK TOP 4 32"X32" Square Mesh Top Table-Gray 12 36"X36" Square BAR Height Mesh Top Table-Gray 4 48" Round Mesh Top Table-Gray 32 MONTE CARLO PATIO Chair-Gray 48 MONTE CARLO PATIO Bar Stool-Gray

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:

Health

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 a franchise resale opportunity.

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